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When you trade binary options, it may not be clear to people what you are trading. This is undoubtedly true if you are new to the
binary option trading process. You actually get to decide what asset you want to trade - which is part of the beauty of the binary options process. Are you more familiar with how the Yen fluctuates or with how the price of gold ebbs and flows? Do you know a lot about oil or about stocks? You make the decisions about what you want to watch and then you make a prediction about what will happen with that commodity in a set time frame. The choice of asset is up to you; then it's time to make a great prediction and to hope that the asset cooperates with your prediction about it! Pay attention to how a certain asset does in the market for awhile to become more educated in this area.
These are exactly my doubts about entering the loop of options trading. I'm afraid that a lot of people don't understand the assets they are going to trade and cannot predict the direction of the stocks. They only want to earn quick profits.
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