This e-book offers a complete course on Binary Options.
It is ideal for beginners who seek to acquire knowledge in a simple, clear and objective way with the aim of learning to trade in this market.
Binary Options emerged in the United States of America in 2008, and quickly developed and globalized. It is a financial instrument that resembles sports betting but using financial assets.
Unlike other markets where we buy an asset (such as the Stock Exchange) here we only bet that the price of an asset will rise or fall in a given period of time that can be short (1 minute) or long (1 hour , 1 day, 1 week, etc).
Since its inception, Binary Options have evolved with the appearance of various products and ways of trading, as well as various strategies and tools to support Binary Options.
Although from an operating point of view they are much simpler than other markets such as the Stock Exchange or the Foreign Exchange Market (FOREX), it is still an investment with risks, in which technical knowledge is essential, as well as personal knowledge about how to behave in the investment world.
This book seeks to teach the trader's triangle, which is simply the union of the trader with the market and the trading tools.
The book is divided into 4
1 - Know what Binary Options are, and how they work. Know what Binary Options brokers or platforms are and how they work. How to trade, how to place a trade. And what types of Binary Options exist.
1 - Rules and All 20 important rules that a trader must know to know how to act in the market. Having discipline is essential to know what to do in each situation. Before knowing the market, you have to know yourself and learn the rules that help you succeed. The rules address the following nutrition, clear head, eliminating noise, tiredness, trader profile, respecting the strategy, trader evolution, analyzing trades made, risk management, knowing how to lose and know how to win, when to stop on a bad day , when to stop on a good day, trader's goals, confidence, humility, being rigorous, persistence, patience, experience and consistency.
2 - Trading in the economic events tend to affect the markets. Learn the most important news and how to trade with the news.
3 - Trading know and learn to use some of the strategies that work best in this market.