Carrying Out a Binary Option Trade Archives - Binary Option Strategy
Carrying Out a Binary Option Trade – Lesson 4
To execute a binary option trade, investors can use online binary trading platforms such as Anyoption, iOption and 24optionwhich are 100% web based and can be used by beginners and more advanced traders . The process of using an online binary trading platform in carrying out a trade is as follows:
The steps to carry out a binary option trade
- Select the underlying asset like a currency pair to be traded with like the GBP/JPY or EUR/USD , you can also
choose other assets like stocks like Apple and Google, commodities like Gold and Crude Oil and indices like the FTSE 100 and NASDAQ . - Select the investment amount that you want to invest with your trade . Also know the minimum deposit required by the broker. Usually $100-$200.
- Decide the direction of the price movement so you will be able to know whether to buy a Call option or Put option. If you believe the asset will go up by the expiry period select up and vice versa.
- Select the expiration Time you wish for the option you choose to buy a put or call for
- Execute your trade by clicking Trade
| Novl | 0.00 | ||
| Microsoft Corpora | 34.35 | ||
| Intel Corporation | 24.01 | ||
| Pfizer, Inc. Comm | 28.99 | ||
| Google Inc. | 906.48 | ||
| Apple Inc. | 433.17 | ||
| Bp P.l.c. Common | 42.83 | ||
| General Electric | 23.28 | ||
| Exxon Mobil Corpo | 91.00 | ||
| Ebay Inc. | 56.91 | ||
