For those of you who watched part 1 and immediately skipped to this lesson, at least watch the price action lessons first.Prerequisite: BO113 amp GT304This lesson continues on from topics covered in GT302: Hedging. Part 1 focuses on reducing losses where youre already in your trade and you need to hedge yourself. These strategies are primarily geared for people trading longer than 10 minute expiry times. I explain how shorter expiry traders will have a hard time hedging their trades. Like in GT302, I walk through 3 scenarios where you can utilize hedging strategies.Prerequisite: GT302This lesson elaborates on the topic of risk spreading, which was presented at the end of GT303: Diversification. While part 1 focuses on reducing losses when youre already in the trade, part 2 focuses on methods that can be implemented prior to entry. Note: Part 2 isnt explicitly a substitute nor a complement to part 1, you can either use both alone or combined.Prerequisite: GT303Unlike the 100 or 200 series, the Binary Options 300 series will primarily focus on Binary Options Trading Strategies. This is basically what most people try to find as a new trader but Ive placed these strategies in the 300 series for a reason. New traders often try to find the holy grail, the one strategy will work for them. What they dont understand is, without a solid foundation, the strategy is meaningless.From learning Price Action in the 200 series, youll soon realize that the majority of strategies discussed here is derived from Price Action Techniques. This is why I placed the Price Action lessons in the beginning of the 200 series since I view these as the core lessons.This is revamped 60 second options strategy video from Ep 1 of my original How to Trade Binary Options video series. The new additions include full details on how to set up your TOS charts to look like mine, which charting platform to use and also touch on the price differential/spread between TOS and the brokers.Reference links:US Division: thinkorswim/tos/displayPage.toswebpagepaperMoneyCanadian Division: thinkorswim.ca/tos/displayPage.toswebpagepaperMoneyPrerequisite: GT112Co-requisites: MetaTrader 4 How to Add Tick ChartsThis is a temporary placeholder lesson until I have time to make a full blown lesson with chart examples. For the time being, the method alone should suffice. In this lesson, Ive outlined the method on how to trade 60 (or 30) second binary options using a price action approach. In a nutshell, just apply price action techniques on intra-minute charts.Prerequisite: BO200 Series (Specifically: BO202, BO203 amp BO204)The 400 series will contain advanced level topics, not suitable for the other series. Youll only appreciate these lessons if youve been trading for a long time because to a new trader, these lessons may seem mundane. But to an experienced trader, this could be that extra edge that you need.Welcome to our Binary Options Educational Center. Just as in real life it takes true dedication and motivation to succeed and the Binary Options market is no different. As an online trading guide, we feel our job is to educate our visitors in the field, bringing them all of the up to date online binary options trading information they require to assist them in their trading.Here we will show you exactly how to trade. So if youre totally new to Binary Options then this is a great place to get started and become acquainted with the basics of the Binary Options market. If youre more advanced and have experience in the Binary Options market then this is a great place to see things that others wont have shown or taught and a great place to brush up on knowledge.Binary options, also referred to as digital options, are contracts to options where the payout of the underlying asset is fixed and exceeds the predetermined strike price within a given time frame without the obligation of purchasing the asset. The payout of the option is not dependent on the range by which the price of the underlying asset moves.In order to collect the payout percentage, or be in the money, the trader must predict whether or not the traded asset will rise or fall against the current price within a specific period of time. The price is the price of the underlying asset at the exact time of the trade. It does not matter how large or small your prediction is against the price, as long as it is correct, payout percentage is yours.One of the reasons trading binary options is growing so quickly in popularity is because of its simplicity. With little research of market status and a basic understanding of binary options, making a profitable trade is highly conceivable. Lets take a look at the types of options and the steps needed to place a trade.There are two choices for every trade: CALL and PUT. A call (up) option means that you think that the price of the chosen of the asset will rise above the current price within a specified period of time. A put (down) option means that the price of the chosen underlying asset will fall below the strike price within a specified period of time.Binary options also have various expiry (closing) times which give you a choice. For example, you can choose the asset in which you decide to invest to expire in 15 minutes, 30 minutes, one hour, intraday, weekly, biweekly, or even monthly. Ranging ending times gives the investor a heightened sense of control in the role of returns and allows you to easily employee simple high profit trading strategies.So there you have it the basics to trading binary options. When trading, it is always important to remember to keep up with the market. You dont need to be a professional and spend hours in front of CNBC or read each article in the Wall Street Journal, but it is crucial to stay updates with world headlines. Being updated with market status will guide you in the appropriate directions in which will minimize your risk and in which will earn you the most profits.Binary options trading is one of the most simplified methods of trading that gives you flexibility and control. With fixed odds returns, structured reward and risk ratios, and variability of underlying assets, it is no wonder why this platform of trading is turning into a worldwide financial phenomenon.Binary options are exotic options in which are traded via private sectors. These short term investments offer high rates of return and are traded by both inexpert and experts alike.
