Classified Profits

[Jacob]

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Types Of Binary Options Available
There are multiple types of binary options available to trade. The simplest and by far most common trade is the Up/Down trade. You can learn about the different types of binary options available to trade here.

Beginner Strategies
We have compiled a list of basic binary option strategies that will help you get started making higher probability trades.

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Tools You May Want To Use

I am going to beef up this section as new tools arrive on the market to help you make your trades. For now you can review some of the binary trading signal services on this page.

Key Things To Know About Binary Trading
So now you understand the basics of trading binary options. Some key things you should remember before you dive in are these:

Your risk is limited to your trade amount
The minimum trade is as little as $10
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You do pay for losing trades – you lose your trade amount (or the majority of it)
There is plenty of risk involved. Never ever invest more with a broker than you can afford to lose. It’s risky!
You never take any ownership of the underlying asset – you only “bet” on the direction of it’s price movement

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To make money over the long term you have to win the majority of your trades
Up / Down are only 1 type of binary option, there are many different kinds of trades available to make with binaries
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Trading binary options is designed to be easy to do.
Your risk is limited to the amount you place on the trade. Your payoff is clearly stated before making the trade. If you win a binary options trade you win a fixed amount of cash. Since there are only two possibilities, that’s the origin of the name “binary options.”

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