Option trading is a self-directed way to invest for those looking to diversify. But getting started isn’t easy, and there’s potential for costly mistakes. Here’s a brief overview with no confusing jargon. No unnecessary mumbo-jumbo. Just clear, easy-to-understand, option trading explanations to help you get started. The binary options market is flooded with the offerings from the automated software developers. The abundance of choice available in the arena makes it very difficult for any trader to select the right binary broker for the trading and it is even more difficult to distinguish between the genuine and the scam-artists. As such Binary Options trading is becoming ever more popular as a way to make an income without leaving the comfort of your own home. In order to trade binaries in the Philippines it is essential to take the necessary precautions to avoid unsavoury scams in this largely unregulated market. The offer price of a binary options contract is roughly equal to the market's perception of the probability of the event happening. The price of a binary option is presented as a bid/offer price that shows the bid (sell) price first and offer (buy) price second, for example, 3/96, which represents a bid price of $3 and an offer price of $96. Options contracts usually represent 100 shares of the underlying security, and the buyer will pay a premium fee for each contract. For example, if an option has a premium of 35 cents per contract ...
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