Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Binary Option Trading is Not Gambling

By Jeremytrait Subscribe to RSS | June 14th 2012 | Views:
loading
 
  



The binary trader should elaborate his own trading system and strategy in order to be able to beat binary markets. He/She could be profitable by accidentally picking up binary instruments with no matter of the direction. However, it seems to be more gambling than trading. It is posible to win once or twice, but the logic will eventually triumph. Hence, it is important that the binary trader make informed decision based on some market realities.

There are two ways of making a sound and working system. One system is based on the fundamental analysis while the other one is based on the technical analysis. Many traders choose to trade on news. It is not suitable for the average market participants. The news are expected. The binary markets price them. Should the numbers match the expectations of the binary market, even being good, the subsequent moves could be in the opposite direction of the news. The moves could be violent enough to make the binary options expire worthless.

The best way of trading is avoiding the news and trying the tools offered by the technical analysis. By doing so, the binary trader could reduce the overall risk and make money. His system should be simple yet operational. The system should give fast signals, without a moment of hesitation. If it makes the binary trader think and add additional tools, it is not suitable for him.

The technical analysis comprises a set of chart patterns, indicators which should make the process of taking trading decisions easier and increase the accuracy of picking the right time for opening the bets with the right expiry times.

One simple strategy is to use moving averages as support and resistance during a trend. Should the binary trader realize that the binary options touch a specific moving average without managing to break it, he could trade less risky and more aggressively.

The combination of moving averages and Fibonacci`s numbers gives the best trading results. Should the levels given by both instruments converge, the binary trader could be more confident when placing bets.

It takes more time in precising the technical tools. However, the market noise could be reduced and the trading signals would be clear and stronger.

Jeremytrait - About Author:
Jeremy is a regular reviewer of Binary Options Brokers, he wrote lots useful articles on Binary Options Trading to help Binary Options community.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/finance-articles/binary-option-trading-is-not-gambling.htm

Related Finance Articles Subscribe to RSS

Responsibilities of the Invention Patent Lawyers
Published by James Blee on April 25th 2012 | Finance
Any new development in a project is the brainchild of an inventor. The inventor must protect his ide...
 
Things to Do for Debt Settlement
Published by Pawan on December 7th 2011 | Finance
When you approach a debt settlement company, they will suggest a number of solutions. But you have t...
 
Instant Cash Loans Benefit: Fast Cash Great Use
Published by Jimmy Gill on January 3rd 2012 | Finance
Instant cash loans benefit are for the benefits of the borrowers who want to find financial solution...
 
What Yeoman Service Christian Debt Relief Companies Do
Published by James Blee on March 1st 2012 | Finance
Are you badly in debt and receive postal mails as well as annoying phone calls from debt collection ...
 
Will I lose my Car if I file Bankruptcy?
Published by Joseph Githuku on August 5th 2012 | Finance
One of the Most Frequently Asked Question in Bankruptcy. On almost every call from someone intereste...
 
Settlement of debt in America
Published by Rajkumar Kaushal on June 23rd 2012 | Finance
Getting settlement in America when it comes to credit card is not very easy sometimes because of the...
 
Unsecured Loans for People with Bad Credit: Instant Funds for Abrupt Needs
Published by Bob Moore on January 18th 2012 | Finance
If you need quick access to cash and you don’t want to pledge any collateral as loan security, app...
 
Advantages and Disadvantages of Debit Cards
Published by Sara on January 13th 2012 | Finance
The widespread use of debit cards has revealed numerous advantages and disadvantages to the consumer...
 
Bankruptcy law attorney California – Some typical facts
Published by Jonathan Panossian on February 13th 2012 | Finance
California bankruptcy laws permit the use of central supplemental exclusion in combination with Cali...
 
Seeking Help from Debt Settlement Companies is Beneficial
Published by Chris Adam on January 5th 2012 | Finance
Debt settlement may work by borrowing money from friends. But then again you are more into debt, tho...
 
Research Well Before Hiring the Best Certified Public Accountant
Published by Makayala Anesty on December 28th 2011 | Finance
Business at Singapore offers consultancy services relating to Singapore Company Incorporation, Accou...
 
Structure Settlement Loans – Sell My Annuity – Sell My Structured Settlement Choices
Published by Buy Sell Annuity on March 28th 2012 | Finance
As soon as you find that you need money fast, choices for structure settlement loans, sell my annuit...
 
The Necessity of Making Astute Investment Decisions
Published by John Kendal on April 3rd 2012 | Finance
Saving up funds for future utility is a must for every family. Future is uncertain for all, so it is...
 
Why You Need to Consider Debt Consolidation for Managing Loans
Published by Tracy Narvaez on March 1st 2012 | Finance
Companies who help people to consolidate their debts know that most of those that are unable to pay ...
 
Bad Credit Payday Loans: Cash still Lower Credit Score
Published by Rosie Skylar on March 6th 2012 | Finance
The salaried people with lower credit score are eligible for bad credit payday loans. Bad credit pay...
 
Factors Impacting the Choice of Car Leasing Schemes
Published by Freddie Wade on May 12th 2012 | Finance
It may be quite difficult for some consumers to make a firm decision on the type of car leasing sche...
 
Payday Loans UK: Hassle Free Immediate Cash
Published by Eddy Marsh on December 8th 2011 | Finance
The British citizens are sure to get hassle free immediate cash when they apply for payday loans UK....
 
What is UB 04 Form?
Published by James Blee on June 13th 2012 | Finance
Yes, this is a question that occupies tremendous importance for people who have taken medical insura...
 
Small business loans for women business owners
Published by Merchant Cash on March 29th 2012 | Finance
Gone are the days when business was thought to be the exclusive domain of men, and women were consid...
 
Payday Loans Australia : Easy Solution for Hard Times
Published by Ricky Waugh on March 20th 2012 | Finance
Payday loans Australia facilitates to meet short term requirements by filling the financial gap betw...
 
The Benefits of Financial Advice Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
You work hard for your money and you therefore need to ensure that you properly manage it so that yo...
 
The Benefits of Financial Advice Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
You work hard for your money and you therefore need to ensure that you properly manage it so that yo...
 
Pensions in Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
Pension is a money received after retirement or end of a work agreement. It is mostly associated wit...
 
Pensions in Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
Pension is a money received after retirement or end of a work agreement. It is mostly associated wit...
 
Pension in Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
Leeds has many financial advisors especially those dealing with pension. Pension is very important e...
 
Pension in Leeds
Published by Fredrick Gavin on August 24th 2012 | Finance
Leeds has many financial advisors especially those dealing with pension. Pension is very important e...