Through out this video we will briefly show you a number of features on offer from binary option platform 24Option. This fast expanding binary option platform allows everyone to benefit from the potential profits that can be obtained from trading in binary options. We will be covering the different ways in which trading can be done including Up/Down,Touch/No Touch, Boundary and the latest type of trading on offer now 60 Second.
Regarded as one of the market leaders in the industry, 24Option runs its platform from Cyprus and is has its head office located in London. Established in 2010 24Option has constantly thrived to become the industry leader and with its current platform now offers one of the most advanced and fastest performing platform on the market.
Up/Down Trading On 24Option
The favorite and certainly the most basic type of trading available. With the objective of trying to predict the correct movement of an asset this is exactly why binary options trading can appeal to so many different types of people. The trader only has two decisions to make with an Up/Down trade. A very quick review of the days current business news can usually identify which assets are moving and in which direction. Within binary options an “Up” trade is also called a “Call” and a “Down” trade is also called a “Put”. If a trader was to purchase a “Put” contract and then price of that asset falls at the point of expiry then the trader is “in the money” and would therefore receive the predetermined return on investment. If however the prediction is incorrect at the time of expiry then the trader is “out of the money” and would therefore lose their investment for that trade. This type of trading is perfect for quick decisions or individuals that are starting on their journey of becoming a trader.
One Touch Trading On 24Option
Similar to the Up/Down type of trade but this time there is a slight difference. As with the entire binary options concept, the trader has to make a decision as to which direction a particular asset will move. As well as . This trading option requires a little more thought and analysis that the other types of binary options. The trader making a prediction on the direction the trader must also ascertain whether the asset will “touch” the price suggested by the platform, this is called a “one touch”. If however the trader feels that the suggested figure is not likely then they would choose “no touch”. There is an expiry time as with Up/Down however with the “Touch” on some platforms the trade will close once the figure is hit. During a bullish market this is an excellent instrument to use and be profitable. This type of trading is really more suited to the slightly more experienced binary options traders.
Boundary Trading On 24Option
Sometimes regarded as both a Boundary and also a Range strategy this is a very popular instrument that binary option traders use. This technique will use experience from the previous two instruments to make a profitable trade. The easiest way to describe a Boundary trade is to imagine two prices as a railroad track. The decision the trader needs to make is whether the asset will either stay within or break out of the preset “railroad”. If a trader decides on an “in” trade then they are hoping that the asset will stay within these figures at the point of the trade expiring. If however the trader feels the asset is going to close outside of these prices then they would choose an “out” trade. In a stable market most traders can comfortably trade with Boundary contracts but during a volatile market its suited for the more experienced traders.
60 Second Trading On 24Option
60 Second trading is exactly the same as the Up/Down however there is no expiry on the trade closing and the binary option trades are carried out 60 seconds from the point the contract is bought. This is an excellent way to profit when an asset is on the move or some breaking news hits the markets. You really have to be positioned ready to trade for when the information starts to become public. This is usually the second step after Up/Down trading that a new trader will make.
I wish you successful binary options trading on 24Option in 2013, if you have any questions please post them below or through my Master Binary Options portal at the start of the description.