On the importance of pollen and other binary options trading tools

Robert Brown caricature

When you are starting out as a binary options trader, there are certainly tools that you should have in your binary options trading toolkit. What does this mean? You don't want to simply predict that the price of gold is going to touch $2000 an ounce by tomorrow at this time.

You want, instead, to make a decision to invest in this prediction based on background information that you have. And this background information can come from a few sources.

Two of these sources are the black-scholes method and the geometric brownian motion. Using these formulas invented by brilliant minds, you'll be able to more clearly and securely make a prediction about what will happen with a binary options asset in a set amount of time. And this just might make all the difference for you as a binary options trader.

An Abstract Expression of Binary Options

Let us not answer your question with words, but rather show you the answer with an image. A picture is worth 999 more than a word by some standards, so we figured that would be a worthwhile attempt by us to explain what a binary option is.

Abstract Art of a Binary Options Trader's Mind

Which binary options pay the most?

When Binary Options Collide.

Once you have figured out the basics of trading binary options, the next item on your list is which one pays the most and has the least risk. There are several answers and they are all correct, you'll need to figure out which one is best for you depending on the graphs of that time.
High-Low Obvious - This form of binary option has a one directional leaning graph and has maintained its current slope for at least a few hours. With this type of option, where you can predict the future flow of the graph, is ideal for a high/low binary option trade.
One Touch Touching Soon - This is a binary option of the touch/no-touch kind that you can see is going to touch during the trading period. The longer the closing time the better on this one. You pick an asset that is a binary option that is very likely to touch the line on the graph, and then cash out the second it touches, not required to wait for the entire binary option to mature.

Try these two the next time you are trading and you'll be trading better in no time.

Don't be a square - binary options trading artwork

Don't be a Square - binary trading artwork in color

dont-be-a-square-binary-trader

Don't be a square is a rectangle expanding pattern with alternating gradients in each interlocking piece. Made this while learning about binary options and trading them to be able to master both drawing and a mathematically oriented skill at the same time. While these are useful tips and will make you trade better, I also recommend you understand other elements of binary options trading and use this as one of your tools, not the only one.

Thanks to this source for the binary options trading art