Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Binary Options: Trading or Gambling?

By Markbenson Subscribe to RSS | March 1st 2012 | Views:
loading
 
  



Ever since the devastating earthquake, tsunamis, and the subsequent nuclear crisis that have rocked Japan—not to mention the waves of discontent and revolution currently sweeping through the Middle East like a scirocco off the desert--speculation over the affects of these events upon global economics and trade has moved well beyond the strategic command centers of hedge funds and Forex exchanges to include the most volatile and potentially profitable trading platforms employed by today’s active investors and traders.

Questions about the value of the Yen, the price of oil, and the future of certain high profile automotive, tech, and environmental stocks; along with questions about the very health of the U.S. economy, have given rise to a surge in options trading by the individual investor. Chief among these are the nouveau trading instruments known as online binary options and in recent weeks their volume has soared. These Internet trading platforms which have sprung up in the last few years and are now proliferating on an almost daily basis throughout the world, are today at the forefront of short-term options trading.

Offering the intrepid options enthusiast a fast and unusually high return on investment—sometimes in a matter of minutes for a 75% return or more--these “all-or-nothing” digital instruments are the hot new game on the Internet and are growing in popularity with the individual investor. Though binary options, also known as digital options, have been available Over the Counter for years, it is only since 2008 with their introduction by the American Stock Exchange and the Chicago Board Option Exchange that traders have begun to take notice.

For those who are unfamiliar, a binary option is one in which the trader assumes the position that a particular asset will either go up or down in value beyond a predetermined level, in a fixed period of time, with a predetermined payoff. In the minds of some, it is sort of like putting $100 on red at the roulette table, knowing that at the expiration of the option period (when the wheel stops spinning) you will either double your money or lose it all. Though that particular analogy may seem a bit simplistic, it is however, how many view the binary options market, and rightly so. Take the website, About.com, which defines binary options trading as, “gambling that can be used as an alternative to regular day trading;” or the company, binarybettingoptions.com, an online trading site which makes no bones about the business they are in. In fact, in the United Kingdom, the term “binary betting” is much more common than the phrases, “binary options” or “digital options,” and most of the British binary options trading companies will let you “bet” on commodities, stocks, indices, and football.

Today, a Google search of “Binary Options Trading” brings score of results, most of them for off-shore websites with explosive names. All of these websites have a number of things in common:

- They all have flashy banner ads that promise Big Profits, Easy Profits, Fast and Easy Returns, and the like

- They all are almost completely devoid of any Education, Market Analysis, Trading Tools and Strategies

- They all have all seen huge volume in recent weeks in Oil, Gold, and the USD/JPY currency pairing, in response to events in the Middle East and Japan.

At the other end of the spectrum of binary options trading companies are AMEX, now integrated into the New York Stock Exchange--now known as NYSE Euronext—the Chicago Board Option Exchange, and the Wall Street-based Banc De Binary, a global binary options enterprise with operations in over 80 countries globally.

Markbenson - About Author:
Binary Bank
Bank options
Options bank

Email:
support@binarybank.com

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

Article Source:
http://www.articleside.com/finance-articles/binary-options-trading-or-gambling.htm

Related Finance Articles Subscribe to RSS

Learn the Legitimate Secure Method to Earn Money on the Internet
Published by BrashearneniMario on July 20th 2012 | Finance
Learn The Legitimate Secure Method To Earn Money On The Internet....
 
More Quantitative Easing Needed According to Member of BOE
Published by Alen Felix on June 12th 2012 | Finance
Adam Posen's warning that Quantitative Easing has not gone far enough, as RICS survey indicates hous...
 
A contraction in UK bank lending for the first time since 2009
Published by John Harry on March 3rd 2012 | Finance
The contraction in the UK bank lending is for the first time since 2009 while increasing numbers of ...
 
Finding a Toronto Credit Counselor you can trust
Published by CVGiCanada on June 1st 2012 | Finance
If you are not able to make arrangements with your credit card companies or get a deferment or two o...
 
Best Credit Card Deals Can Now Easily Be Made in Australia
Published by John Matthew on December 29th 2011 | Finance
One of the finest concepts that have been introduced in the word of finance as well as that of the c...
 
Payday Loans UK: Benefitting Salaried People of Great Britain
Published by Addy Roy on February 25th 2012 | Finance
Payday loans UK are exempted from collateral and the loan seekers are not asked to fax their details...
 
How can I get Debt Reduction? How can a debt plan help me repay my debts?
Published by Deby Suportie on March 28th 2012 | Finance
Debt reduction is a program provided by debt companies so that those who are struggling with debts c...
 
Tax Debt Relief – the Role of the IRS in Helping Taxpayers
Published by Jacob Smith on April 18th 2012 | Finance
If you think that your personal tax problems cannot be handled over the phone or online, you may use...
 
Renovating a Home to Improve Property Value
Published by Rob Nichols on May 3rd 2012 | Finance
The housing bubble saw the rapid rise in the value of homes. Individuals were buying homes at a rapi...
 
Tips for Hiring the Right Chicago Bankruptcy Lawyer
Published by Changandcarlin on January 25th 2012 | Finance
Important points to help you choose a well experienced and qualified bankruptcy lawyer in Chicago. <...
 
Get Experts Opinion for Your Investment Decisions
Published by PitNews Magazine on April 23rd 2012 | Finance
Finding support in financial investment can appear in many many different formats with some offering...
 
Accountant in Fulham
Published by Matthew H Martin on August 18th 2012 | Finance
Fulham is home to some of the biggest and well established businesses as well as small businesses wh...
 
Reasons to consider a fixed rate cash ISA
Published by Sean Burke on May 2nd 2012 | Finance
Enjoy tax free savings and financial security with a fixed rate cash ISA....
 
Tenant Loans Bad Credit: Supporting Non-homeowners despite Poor Credit
Published by Denile Haden on December 1st 2011 | Finance
Tenant loans bad credit are good for the persons who have no home and who have reasons to worried of...
 
Debt Settlement with banks information
Published by Rajkumar Kaushal on May 12th 2012 | Finance
Since debt settlement bad become available to a lot of credit consumers, banks for debt settlement h...
 
Go for competent Bankruptcy Attorney Los Angeles
Published by Jonathan Panossian on December 14th 2011 | Finance
Worldwide financial doldrums gave rise to high cases of bankruptcy. Since the emerging of recession ...
 
Purchase a Short Sale Home in Florida
Published by William Hauselberg on April 25th 2012 | Finance
Now may be a great time to consider investing in Florida real estate. You may want a nice place to r...
 
Various benefits of Novated Leases!
Published by Amber Dorsch on March 27th 2012 | Finance
Novated lease is one of the well known types of motor vehicle loan. It offers a lot of benefits for ...
 
How can Inventor Assistance Services help You
Published by James Blee on December 13th 2011 | Finance
When you are putting every bit of your effort in bringing something new to the world which will bene...
 
Function HFT Usage when South america Match up against the?
Published by Sidney H Richardson on July 31st 2012 | Finance
Function HFT Usage when South america Match up against the?...
 
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...