Monday, September 26, 2011

Binary Options, what are they good for?

As an avid trader of binary options, I often get asked, "What are binary options good for?" - this specific misunderstanding of anything about binary options is where their advantage lies. Because the rest of the world is busy trying to make money while buying/selling regular stocks, it becomes much easier for people who trade in binary options to make money. While stocks offer limited and exact investment returns, binary options have a fixed return that is either received or not. This ability of the binary options allows them to be traded more effectivly, as rather than trying to make a small gain, the trader simply decides if it is a good trade or not, without regard to actual amounts since those don't really effect the profit, other than help secure it.

So to answer the questions, binary options are great for squeezing profit from the market in place that stocks and mutual fund can't.

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