2. Open an account with a broker. If
you already have a trading account
that allows you to trade normal
options, you will probably be able to
trade binary options as well.
How To Make Money From Bina
3. Locate a broker that offers fixed
binary option trading. One place to
try is the Trade Smarter electronic
platform. The relative scarcity of
fixed binary option brokers in the
United States will mean buyers will
have to make more compromises in
broker selection. Unlike their
dealings with other brokers for
conventional options trading,
Americans may need to settle for
brokers with higher transaction
costs or limited platform features
to gain exposure to binary options.
How To Make Money From Binary
4. Predict a particular phenomenon in
the financial markets, based on the
available binary option positions
your broker provides. Binary
options are good for traders who
exhibit specific ideas about market
directions. For example, a
prediction that the Dow Jones
Industrial average will close above
a certain level by the end of the
day's session can be exploited for
profit using a binary option. The
broker will list these scenarios with
each available binary option
contract.
How To Make Money From Binary Trading
5. How To Make Money From Binary
Trading
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