Binary Options News & Analysis | DailyFX
Say gold is trading at $1,195 per troy ounce currently and you are confident that it will be trading above $1,200 later that day. Assume you can buy a binary option on gold trading at or above $1,200 by that day’s close, and this option is trading at $57 (bid)/$60 (offer). You buy the option at $60. If gold closes at or above $1,200, as you had expected, your payout will be $100, which means that your gross gain (before commissions) is $40 or %. On the other hand, if gold closes below $1,200, you would lose your $60 investment, for a 100% loss.
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Once you have a basic understanding of how to trade binary options, you can start to support your trading with a range of binary strategies.
US building permits jumped to an annualized level of million in October, but this level is not forecast to hold: million is forecast in this reading. Housing starts also looked good with million and a level of million is forecast for November. Read more
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Making a comparison between Forex trading and binary trading is not easy as they both have their own advantages over the other but here are some of the main differences:
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Binary options, also called digital options, were created in mid 2008. The simplicity of binary options makes them understandable to everyone, even to beginner investors.
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Take advantage of the information offered on to get a better understanding of trading binary options and forex trading .
The World’s Largest Financial Market, Forex, allows speculation on currencies. EUR/USD, GBP/USD, which economy and its currency will overshadow the others? You determine.