You have just signed up for a binary options trading account and now you are ready to learn. Your broker offers an education section, but when you check it out, all you find are a couple of videos which basically are just another sell on the trading platform. You call up your account manager to ask about one-on-one training, but either it is not offered or the “expert” trader you are assigned seems to be anything but proficient.
You may have noticed that we have a new notice on our front page right now about GOptions introducing 30 second options to their lineup. This is very exciting—most binary options brokers only offer 60 second options. And 60 second options are already very fast—but 30 second options are twice as fast! In fact, this makes GOptions one of the most flexible binary options brokers out there for scalpers.
There are a lot of binary options traders who are attracted to trading because they enjoy playing at online casinos. There is a big overlap in part because there are a lot of commonalities between trading online and gambling online. Both entail an element of risk, and give you a chance to either win or lose a large amount of money quickly. There is a chance you may lose your entire bankroll, but then again, you might just win big and take the house one night.
Are you a full-time employee working during the day and trying to somehow squeeze in a secondary career as a binary options trader around your work hours? Learn to balance your trading life here. If so, you are very much in the same position as most other traders. Very few people are able to immediately start trading binary options for a living, both because it is not that easy to learn to trade profitably, and because most people do not have the money it takes to fund a life and a trading account without a full-time job.
Recently the news came out that MarketsWorld, one of our top brokers, is adding 60 Second options to their lineup. A number of other brokers we like already offer 60 Second options, including TradeRush and Banc De Binary. What is a 60 Second trade? It is identical to a High/Low trade in how it works, but the expiry times on these trades are always exactly one minute. They are blazing fast, and give traders the exciting opportunity to gain (or lose) money in just 60 seconds.
One broker we think really has a lot to offer traders is MarketsWorld. They offer no-deposit demo accounts, the lowest minimum investment amount we’ve ever seen, and a number of other great features. Now they are offering a brand new type of trading: 60-second trading. Many brokers already offer 60-second trading, but not too many of them are up there with MarketsWorld in terms of excellence.
To the average investor who puts money into mutual funds each month, trading binary options is like voodoo. It’s akin to “magic.” The average investor is aware that people can make money by learning how to place profitable trades, but has no idea how it is done. Even traditional options are mysterious to him, and so he sticks to his mutual funds.
