Binary And Binary Options Trading Essay

820 Words Dec 19th, 2016 4 Pages
The biggest game of chance is investing. With an investment, you have the chance of winning big but, also losing big. Within the recent year, they have been a new way of investing without the complication and hassle that regular trading gives you. Binary trading also known as binary option is a “simple financial product which allows investors to choose whether an asset will go up or down over a set period,” according to Binary Options Trading – The definitive guide. In other words, binary option is an investor that pick an asset which to invest in, then pick whether the investment is going to go up or down within a time of 30 seconds to 1 year. Binary trade is a better investment than regular trading because it is easier to read and lesser variables that affect the stock price, you can invest a little amount of money to start, and open to investing any time of day. Binary trade is an online trading market, where an investor chose yes or no on whether the investment is going to go up or down within a giving time period. The word binary mainly uses with computer talk is 0s and 1s. These 0s and 1s is how the computer read all the data but we see it as words, texts, color, image, and more after it been converted. Which relate to binary option because you pick from yes or no, or high or low on the asset. Binary option mainly trades currency but also have other investment you can do. The simplicity that Binary option have over regular trading is big. This is because Binary…

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