What do binary trader look like?

There is an article floating around on the web on binary options trading technological advancements
and it has this image you see below within the article. At first I thought it was a bit of a silly looking character, but then I viewed it some more and wanted to just share it with the world. The article makes some good and some fruity points about binary options trading and should most likely be taken with a grain of salt, but I sure did like that artwork.

Binary Trading is WAY easier now than it might have been in the 1970's

You can download this cartoon of a 1970's style binary options trader at the following links:

• 1970's style binary options trader on Flickr
• Binary Options Trader with full 70's style hair and mustache on Panoramio
• Binary trader with old-school walkie talkie on Red Bubble
• Guy trading binary options on 70's size walkie talkie on Twitpic
• Photobucket hosted pic of 70's style binary options trader

How closable options can help you profit from binary options trading

Get you paws on as much as you can

Top Ten Super-Tips for using the Black-Scholes Valuation formula to gain large profits with online binary options trading:

These tips are called "super-tips" as the regular tips we give are designed for novice traders. These tips are designed for more advanced users who are willing to forgo some excitement and risk in exchange for dull, boring, and more consistent profits.

1. Trade only in small amounts till you have a much stronger grasp on that specific commodity, stock or indice.
2. Utilize "closable" options to hedge the rise so that you can make very quick 20% to 40% gains rather than drawn out 85% gains that carry a risk of 100% loss.
3. Be technical analytical and review the graphs for patterns and predictability. Only trade in graphs of options you feel comoftable predicting. 
4. Better to not trade for a half hour than loose durring that half hour.
5. Don't hedge your risk by trading in opposing option. The profit of 85% comes at a risk of 100%, so hedging like that will result in an across-the-board 15% loss.
6. Remember: Its important to avoid losses as much as it is to achieve gains.
7. Don't let losses or gains effect you overall strategy. Emotion are your enemy in this game. 
8. With currency related binary trade, compare different currencies to narrow down which ones are actually falling and which ones are only relativity falling
9. Avoid trading binary options at the beginning of market open unless specific events in the news provide a window of predictability.
10. Learn from your mistakes. Binary Options Trading is an aquired skill. Don't be afraid to make mistakes, but do avoid repeating them.

 We hope you've enjoyed these tips. Please feel free to leave comments or questions. These tips are based on Trading Binary Options on OptionsClick.com - not sure about any other sites.

How to make profit with binary options trading

OptionsClick.com - trades binary options online

Trading binary options online can be a tricky business. You ability to extrapolate data from graphs and charts is so very critical for the success of your trading.

A common feeling is that of "get rich RIGHT AWAY" which you should avoid at all costs (no pun intended) - The best thing to do for making money with binary options trading is to start an account with a small amount of money and learn how to trade with small amounts of $10 or $20 and get a strong percentage return. Once you are comfortable with you prediction ability of the market, you can increase the amount.
Check out this video on how to make small gains quickly, rather than long drawn out riskier larger gains:
 Video of Binary Options Trader Making $5 in 5minutes

Special thanks to ZEN OPTIONS for providing this video on binary trading to us

Tips for trading binary options online:

Think before you click. Trade Binary Options Smart

Tips for binary options trading:

1. Trade online, only use binary options trading platforms that have real-time updates and don't charge a commission.
2. Use sites that offer binary trading with the possibility of closing your position before it expires and still making a solid return - utilize this capability to hedge your risk and make lost of small, profitable trades.
3. Do not start making large trades when you are below your starting point with the hopes of re-couping your losses.
4. Do not trade if your mindset is not that of a small-gains and reserved approach.
5. If you loose several trades in a row, then stop trading for a few hours. Do not try and regain your losses quickly.
6. Analyze graphs and only trade on positions you have a clear picture of. Utilize the various forms of options for different market behaviors
7. Don't be afraid to take chances, but don't take the chances with large wagers.
8. Practice reading graphs, review the trades that end in loss so that you can learn from your mistakes.
9. Keep up to date on the news, especially for political events that effect the price of oil and the stock markets.
10. Learn the graphs of the financial data and learn to differentiate between a correction and a trend.

Don't be left in the cold. Learn before you trade

Obviously these tips alone are not going to enable you to suddenly become a wealthy binary options trader. But by learning the trends and patterns that keep winning overall, you can be in a better position than starting out cold. Educate yourself about financial betting and general binary options trading and enable yourself to succeed in the volatile marketplace. Don't be discouraged if you have a few losses, the main thing is to learn how to read the market and apply it when it counts.








binary options trading tips - source 

 

Who died and made GOLD the new boss?

Drink that gold market dry using Binary Options

HOUSTON: While many analysts have forecast that gold prices will eventually hit USD 3,000 an ounce, after hitting a record USD 1,800/ounce last week, economic experts at Kansas State University have warned that it is only a matter of time before the bubble bursts.

The huge federal deficit and a deteriorating economy have made many investors fearful of the US economy entering a period of stagnation, driving stock prices downward, said Lloyd Thomas, an economics professor at Kansas State University.

In this period of uncertainty, many are selling stocks and corporate bonds and putting their money into gold.

Recently, gold prices skyrocketed to as high as USD 1,800 an ounce and Thomas said the price might continue to creep higher as economic concerns grow.

"People believe that gold is a hedge against uncertain times," he said.

"In the long run, gold prices have kept pace with inflation. People are flocking to it," he added.

"But in 2000, the price of gold was USD 300 an ounce. It has gone up six-fold since then and it might go up higher than what it is right now. It's gone up too fast -- it's a bubble," he claimed.

Thomas compared his gold prediction to the housing market.

"People were lulled into thinking housing prices could never fall, but they fell more than 30 per cent in most American cities. The same thing could happen to gold; it's not risk-free," he said.

"In the last 10 years it's gone up 17 per cent a year, but the price of things we purchase has only gone up 3 per cent a year. That's unsustainable. It's my own opinion that gold prices will collapse -- I just don't know when," Thomas said. 

Read the full article on The Economic Times

 

Top Ten Funniest Explanations of What are binary options:

Hysterical Binary Options Trader

List of Top-Ten Funniest Explanation of Binary Options

Binary options trading is the hottest thing since margin-investing and CDI's - except way more legitamate and totally legal. Not everyone is 100% sure what is a binary option or what it means to trade them. Below are the funniest explanation that we have gotten so far. Enjoy.




 
Top Ten Funniest Explanations of
What are Binary Options:
10) Stocks that perform magic by using confusing math.
9) Commodities that make you money when they loose money
8) Investment instrument that let you pry open the markets value
7) Piggy bank for those that have science degree in math.
6) It is the equivalent of Diet Coke for the investment community, all the fun and no calories.
5) It's that thing them investment-boys are doing these days.
4) I don't know, I can't even figure out how to use Facebook.
3) Is that trading stocks in morse code?
2) Binary option is when a person trading stocks has to think like a computer.
1)Have no idea what it is, but sure have fun trading them.

Laughing Binary Options Trader

How To Trade Binary Options:

One investment platform that has become very popular in the online trading community – especially with beginners – is trading binary options. The benefits are so great that beginners and pros alike are trading binary options and learning how to trade this financial instrument.

Learning the ins and outs of binary option trading is relatively simple. Here, we will talk about how to trade binary options and learn about navigating these powerful instruments.


The Basics of Trading: Where and How

Does the Dalai Lama Trade Binary Options?

Becoming a binary option trader first means knowing where you can trade them and how they work.
The best way to trade in binary options is to go through an online brokerage. An online brokerage writes contracts for various binary options, which are offered on the value of financial assets such as currency pairs, commodities and stocks. These contracts come with a purchase price, an expiry (the time at which the contract expires), and the conditions for profit (usually a strike price or barrier price).
To participate, you simply need to find a broker that deals in the contracts that you prefer – most online brokers deal in multiple types so you can trade both stock binary options and forex binary options with the same options broker, for example.
Once you register and deposit funds, you choose between two general types: above/below options and touch or barrier options. Some binary options brokers also offer range or boundary binary options as well.
Above/below options basically allow you to take a position on whether an asset’s value will be above or below the current value when you buy it, by the expiry. A touch or barrier option requires that an asset price reach or surpass a certain price or value at least once before the contract expires. Range or boundary binary options mandate that the asset’s value be in between two specific values or prices at expiry.


Being “In-The-Money”

Make sure you come out ahead of the other traders.

How do you know you are in-the-money? The conditions of the contract will give you the targets you need to hit, and these differ by the type of option.
Let’s take XYZ Corporation, which has shares at $10.00. An above/below option says that XYZ will rise by the end of the trading day. If you purchase a call option, you are taking the position that by the end of the trading day, XYZ will be higher than $10.00. If it is at $10.01, you are in-the-money.
With barriers or touch options, the contract may say that XYZ has to be at $12.00 or higher at least once by the end of the trading day. If you buy a call option, and XYZ is at $12.00 or higher at least once before trading closes, then you are in-the-money. If the highest value it reaches is $11.99 before the contract expires, though, you lose.
With range or boundary binary options, the contract may stipulate that the value of XYZ stock has to be in between $11.50 and $12.00 by the close of trading for the day. If XYZ is trading at $11.90, you are in-the-money. If it’s trading at $11.54, you lose your investment.


Payouts
Payouts differ depending on the type of option you choose. Above/below options and range binary options pay out typically 70-85% of the original investment. Barrier options are riskier, so they pay out as much as 300% or more of the original investment.
The payout is your profit. Of course, if you do not meet the requirements, you will lose 80-100% of your original investment.


Conclusion
Learning all about binary options means understanding the key concepts, and knowing where to go to trade them. As with any financial instrument, there is risk involved – but the upside potential, as well as ease of use, makes them attractive options for beginners and pros alike.

NHS faces growing financial pressure, how it effect GBP

by 99binaryoptions on August 11, 2011

The NHS has an uncertain future. What does that have an effect on the Great British Pound (GBP) and other currency markets. Keep these

Sell, Sell Sell 10-4 Charlie

details in mind when trading currency or placing positions on when trading binary options online.  The main thing to remember is that the uncertainty means that it can rally one day, or dive the next, however, elements like the trading volume and speculation buying can help the stats go awry in regards to where the market really stands.
Here is the article, you can read it in full at this link    Thanks to Binary Options Blog for posting this and sharing.

Audit Commission finds NHS made £4.3bn of efficiency savings last year but financial challenges are increasing
Most NHS organisations have made good progress in cutting costs to reach the £20bn savings required of them, but they face growing financial pressure, according to the Audit Commission.
In its report on the 2010-11 financial accounts of primary care trusts (PCTs), NHS trusts and strategic health authorities, the commission says that, assuming there is no double counting, efficiency savings totalled £4.3bn for the year.
PCTs reported savings of £1.9bn and NHS trusts reported savings of £1.2bn. These figures are equival
ent to 1.9% of PCTs’ gross operating costs and 4.3% in the case of NHS trusts. Regulator Monitor reported that the percentage for foundations trusts was slightly lower at 3.9%, which equates to £1.2bn.
The NHS in England needs to save an average of £5bn, equivalent to about 5% of their budgets, every year until 2015 to release £20bn of efficiency savings.
The document warns that financial pressure is increasing. Nearly 25% of the money saved so far came from one-off or non-recurrent savings, mostly improving clinical productivity and reducing workforce costs.
In addition, the need to deliver high-quality services without the funding growth of the recent past will have an impact. In 2010-11 PCTs received average cash funding increases of 5.5%, but in 2011-12 this is only 2.2%.
The document says NHS organisations will require determined effort and strong leadership to make further efficiency savings, and to continue to do so for four years.
Overall, the commission found that the financial performance of the NHS continues to be good, and that organisations reported a surplus of £1.5bn, or some 1.5% of NHS resources. Only nine out of 276 organisations failed to balance their books.
NHS Confederation deputy director of policy Jo Webber said many NHS leaders have got their organisations on a strong financial footing, but are worried that “this might be the calm before the storm”.

Some common info on what are binary options:

Binary option (From Wikipedia)

In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. Thus, the options are binary in nature because there are only two possible outcomes. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and Fixed Return Options (FROs) (on the American Stock Exchange). Binary options are usually European-styleoptions.
For example, a purchase is made of a binary cash-or-nothing call option on XYZ Corp's stock struck at $100 with a binary payoff of $1000. Then, if at the future maturity date, the stock is trading at or above $100, $1000 is received. If its stock is trading below $100, nothing is received.
In the popular Black-Scholes model, the value of a digital option can be expressed in terms of the cumulative normal distribution function.
Click here to read the full Wikipedia article on Binary Options




A binary option is a fixed return option because there are only 2 possible outcomes which are fully realized at the onset of the contract
A binary option is a contract which gives the buyer (known as the owner) the right, but not the obligation, to buy an underlying asset at a fixed price within a specified time frame.
The items being traded are known as underlying assets and they could be a range of products: currencies (e.g. USD/JPY), commodities (e.g. Oil, Gold), stocks (e.g. Microsoft, Coca Cola) or indices (e.g. Nasdaq, FTSE 100). The fixed price at which the owner buys or sells at, is known as the strike price.
When trading binary options, the buyer of the option chooses whether he thinks the underlying asset will hit the strike price by the selected expiry time – this could be at the end of the nearest hour or the end of the day, week or month.
The owner places a call option on his binary option trade if he thinks that at the expiry time the option will be higher than the current price. He places a put option if he thinks that at the expiry time the option will be lower than the current price.

Want to try and trade binary options on your own, visit http://optionsclick.com

Thank you to this source for the info on Binary Options

Oil prices plunge, but motorists not getting much relief at pump

By ROD WALTON World Staff Writer
Published: 8/9/2011  2:26 AM
Last Modified: 8/9/2011  3:58 AM

Crude oil futures fell to their lowest level in nearly a year Monday, but Tulsa gasoline prices are still clinging to an average that was charged when a barrel cost close to $20 more.

"With markets the way they are, it's anybody's guess on what they're going to do," AAA-Oklahoma spokesman Danial Karnes said. "It's all over the board."

That board is making a steep downhill run at the moment. West Texas Intermediate crude oil for September delivery dropped $5.57 on Monday to settle at $81.31 per barrel on the New York Mercantile Exchange.

The closing crude price is the lowest since it settled at $80.05 on Aug. 31, 2010. The one-year high for WTI was $114.83 per barrel on April 29.

Tulsa retail gasoline, meanwhile, is not falling by the same leaps and bounds. The Tulsa average reported by AAA is $3.44 per gallon, but it was closer to $2.50 when domestic crude oil was last around $80.

"Gas prices aren't always logical," Karnes said. "But logic tells us if oil continues to fall, then gas prices should continue to fall as well."

The price at many QuikTrip stations in Tulsa was $3.39 on Monday afternoon. The QuikTrip price at the end of last August - the last time crude oil was anywhere near this low - was $2.46 per gallon. 

click here to read the full article 

Special thanks Binary Trading Tips for finding this article

US Credit Rating Cut by S&P

Equities

Wall Street’s Thursday woes led to a steep drop in Asian markets on Friday. The Nikkei fell 3.7% to 9305, and similarly, the Kospi dropped 3.7%. Oil-related stocks were hit hard, following a steep drop in crude oil. Australia’s ASX 200 tumbled 4% to a 2-year low, and the Hang Seng shed 4.3%. China’s Shanghai Composite fared better than most, losing just 2.2%.
European markets extended their losses, as the FTSE fell 2.7%, the DAX dropped 2.8% and the CAC40 decline 1.3%. The oil and gas sector fell 3.4% on concerns about economic growth, and Royal Bank of Scotland tumbled 6.9% after reporting a loss of $1.1 billion.
US stocks swung wildly, as the market digested an upbeat jobs report. The Dow initially opened up more than 170 points, and from that point dropped more than 420 points before reversing to close up 61 points. The S&P 500 closed down .7% and the Nasdaq ended with a loss of .9%. For the week, the S&P 500 fell 7.2% and the Nasdaq dropped 8.1%, their steepest losses since November 2008.

The Crashing Trader

Dow Swings more than 400 Points
Priceline shares jumped 9% on strong earnings which beat forecasts.

Treasuries and Commodities

After the close, S&P cut the US credit rating to AA+ from AAA, a move the White House labeled hasty.
Treasuries sold off, as rumors of the credit cut weighed on fixed income. 10-year notes fell 1 12/32 to yield 2.56%, and 30-year notes plunged 3 11/32 to yield 3.85%.
Gasoline futures jumped 2.5% to 2.8052, while crude oil inched up .3% to 86.88, recovering from an earlier drop down to 82.87
Metals continued to decline, as silver fell 3.1% to 38.21, gold dropped 7.20 to 1651.80, and copper lost 2.8% to 4.117.

Currencies

The Euro surged 1.4% to 1.4290 as Italy announced steps to react to the country’s debt woes. The Pound gained .8% 1.6391, and the Yen advanced 1% to 78.42, while the Swiss Franc and Canadian Dollar closed little changed.

Economic Outlook

Big Ol' Dollar Sign, USD

Non-farm payroll data showed the US economy gained 117K jobs in July, far better than the 89K forecast, and the unemployment rate dipped to 9.1%. This was the first upbeat jobs report since April.
Consumer Credit jumped 7.7% in June, a positive sign of consumer confidence.


An emergency meeting was held over the weekend between global financial officials, to address the debt troubles facing the US and Europe.


We'd like to thank this content for the source info on this economic update Visit What Are Binary Options to read the source article on this

Gambling Vs. Binary Options

Are binary options like gambling?

 

I have heard several times from people that when you are buying and selling Binary Options, your are basically gambling. While this maze be the case for some people who have addiction issues, they are both quite different. 

Casino games are based on luck and binary trading is based on real market conditions. This is not to say that casino's don't also involve skill or that binary trading doesn't experience luck, but the basis for the trades and exchanges of the two are very different. 

The thing is that casino games are designed for users to win in order to keep them entertained and binary trading are based on which ever direction the market swings, So not sure which one is better.