Binary options trading signals are there any good ones? Hi Guys! I am new myself to Binary Options Trading, but this one caught my eye and I wanted to share it with my loyal readers. I am going to explain to you exactly what a "Binary" Options trade is briefly. If you are a technical person who has taken a "digital theory" class maybe in college you might remember what the word "binary" refers to. We are talking about 1s and 0s only. So in a binary options trade it really does not matter what the price quotes are, but more importantly if you guess the direction right.
In a Binary Options Trade you will typically have a few different types of expiry times. You will typically find a trade that may expire for that week, a 15/30 min. trade, or for those that live in the fast lane, a 60 second option. So let's explore some examples shall we.
Mike has just bought(a call in options trading) the EURUSD @1.30000 with a trade expiry in 60 secs.
After the 1 minute is up the price has closed @ 1.30100. So basically the trade went 10 pips in his favor, and since he bought the trade, he has won this trade for whatever contract size he determined when he placed the trade. Let's say he placed the same trade but he thought the price quote would go down after the 60 secs. He would have placed a (put) or a sell on the EURUSD. The price closed @ 1.30100 which would have resulted in a loss.
Apparently with this signal service you can trade directly with the moderator using windows. No SMS or email signal here. This is good when you are trading the 60 sec option, as you would need to follow in real time for accuracy of the trade signal.
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