PB Trading Post is working hard to become one of the best news resources for all online traders. Nowadays you can trade with lots of different stuff. You can trade with Forex, CFDs, Binary Options, Stocks and much more. Basically it’s all the same. The difference to traditional trading is that it’s fast and leveraged and you can trade 24 hours a day. Buying stocks is nothing against fast paced Forex trading action or 60 seconds binary options. There’ll be a lot more action when trading Forex compared to stocks or funds. The profit is higher but so is the risk. And this makes it so exciting but also dangerous. You have to know exactly what you’re doing otherwise you will risk losing a lot of money. This will be the case when you over estimate your trading skills or when you don’t have proper risk management in place.
Binary Options Trading
Trading with Binary Options is a bit different. Binary Options are contracts where you get a predefined payout depending on the price development. For example you can buy a call binary option with an expiration time of 15 minutes with a strike price of 100. The value of the option is 100 Euro and you will either get 90% in profit or 0%. When the price is higher than the strike price (101, 110, 204 or whatever) you will get 190 Euro for your 100 Euro investment. But when it’s below (even at 99) you will get nothing and your investment is gone.
That’s very simple isn’t it? And that’s how binary options are supposed to work. They shall be as simple as possible that everybody in the world can easily trade with them. They are maybe the easiest to trade financial product out there and that’s the reason why lots of people are already trading with binary options. And yes, it’s possible to make money trading with binary options also in the long run. But there’s no big difference to Forex or CFD trading in this matter because you also have to know what’s going on in the markets, how to do your technical and fundamental analysis etc.