Today, let’s talk about aggressive tactics, when there is nothing to lose and “waiting is like death”. Agree-time is running out, money is devaluing at a catastrophic rate, and it is necessary to take some action. Which ones?
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In addition to the fact that during a crisis, most of the funds must be kept in cash, you should not neglect the opportunity to increase your own capital. Binary options can be quite a good tool for this. Having certain “advantages”, binary options during a crisis allow a competent trader to benefit even in an extremely unstable situation.
Everything is in our hands
First, the pre-known amount of profit or loss (and this comes from the very essence of binary options) makes it possible to strictly control the risks. This is a very important factor, especially in a crisis period, when it is necessary to calculate the result of your actions most carefully.
The third is not given
Secondly, in binary options, there are only two possible actions – either a rise or a fall in the price. At the same time, during a crisis, the price movement usually has a steady trend – if it falls, it falls, if it grows, it grows! It is possible to make a mistake in such a situation, but it is unlikely.
This is not a stable calm and chaotic price fluctuation during stability, calm and, as a result, a permanent flat. This means that when you place a bet on an event, you are more guaranteed to make a profit. Of course, without experience, and here you can not do, losses are inevitable, but controlled, this has already been said above. But, the acquired experience remains with you!
So, the two factors described above create a favorable ground for the use of binary options during the crisis financial and political situations in the world, as is happening now in Ukraine. And while most people are crying and shaking in front of the TV, horrified by the news they see, cold-blooded and brave people prefer to act.
Act in various ways, one of which is investing in binary options during the crisis. Given the current conditions for using binary options – extremely fast and easy access via the Internet, a small necessary start-up capital, I think everyone can get, thus, financial independence and invaluable experience.
The blog materials have repeatedly covered the topic of binary options, trading, strategies, etc. It’s time to sum up some interim results. So, in short – what are binary options? Advantages and disadvantages of this tool, binary options trading and strategy of use.
Binary options trading is a classic online trading tool, so easy to understand that it is available to both beginners and professionals. The essence of it is to obtain a fixed profit value with a correctly defined trend of price movement.
Useful to know (in relation to binary options Forex ):
This tool is ideal for beginners, because of its ease of use
Usually, the client is offered a binary option for the stability of the exchange rate, its growth or fall
A fixed and predictable level of income and losses-this comes from the very essence of binary options
Fully automated transactions
As in any business, there are pros and cons of binary options trading. First about the good stuff:
Full control over losses, the risk is virtually eliminated The
availability of this instrument
The mechanism of operation that is clear to everyone
Large selection of brokers
Now, a little bit about the disadvantages:
Binary options are not roulette!
Misunderstanding of the process and the situation leads to financial losses
The choice of a broker plays a big role
As mentioned earlier, binary options trading only at first glance resembles roulette. With a deeper study, it comes to an understanding that the final result can and should be influenced! There are many strategies for this.
The simplest
For example, for Martingale. This strategy is suitable for those who believe, no matter what, binary options are a kind of “roulette”. If the previous trade was unsuccessful, then the size of the current option should be doubled in order to cover the losses.
Graphic images
Such strategies are based on trend charts plus technical analysis of the situation. A striking example is the “trend-based”trading strategy.
Indicator lights
The same technical analysis, but using different mathematical formulas based on current and past price indicators. Statistics plus math.
Thus, an intermediate line can be drawn under the term “binary options”. We have analyzed the basis of this tool, provided strategies for trading binary options, and considered the advantages and disadvantages. This is the end of the current material, but not the topic – we will return to binary options in the future!
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