This book will explain how independent traders and investors can use binary options to speculate on price movements or hedge their stock portfolio. The great appeal of binary options is that they are less complex than conventional options and provide a simple method to trade based on an opinion of where the market is headed over a certain period of time. The book will explain how binary options work, trading and hedging strategies using binary options, how to use binaries in conjunction with other strategies; and how to choose a binary option broker. The book will identify the various markets in which binaries are available and provide suggestions as to which markets provide the best liquidity and lowest trade execution expenses. Devoted to binary options,Trading Binary Options will provide retail traders with an authoritative guide to trade this exciting new market. New topics include: trading the Cantor Fitzgerald binaries; trading New York Stock Exchange Binaries; how to use binaries to Hedge trading.
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ABE COFNAS is a leading-edge trainer and analyst in currency and binary option markets. He is a columnist for Futures magazine and the publisher of the Binary Dimensions newsletter, as well as the author of four books, including The Forex Trading Course. He is developing financial gamification platforms that enable users to learn, play, and win at trading financial markets without risk. He is also the Senior Fundamental Strategist for Market Traders Institute.
Since Abe Cofnas first demystified the world of binary options with the groundbreaking first edition of Trading Binary Options, the market has evolved and grown, yet his dependable strategies and world-class training approach still transform novice and experienced investors alike into more profitable traders. This updated second edition looks at how to draw profits from this expansive market using his proven approach in today's environment.
These simple over-the-counter instruments offer traders uncomplicated access to more than twenty different underlying markets, including stocks, indexes, currencies, and commodities. With the practice-based guidance inside, you quickly get up to speed on the fundamentals of binary options and the latest ways successful traders are using fundamental and technical analysis to make more lucrative trading decisions. As illustrated through an illuminating number of real-world case studies, binary options open up opportunities to capture a substantial payout, on a weekly basis, by speculating on market direction. The trick is to develop a rock-solid system for identifying how political and economic news will impact different markets, and this step-by-step book shows you how with:
Side-by-side examinations show you how major events, such as government elections, economic crises, and natural disasters, move markets and how to use that knowledge to make the most money. Before you risk real money, this complete training program offers insightful practice material to test your knowledge, powerful digital resources for training and practical information, and details on Nadex contract specifications.
Look no further than Trading Binary Options to get the most out of today's markets.
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