Binary options, some also call binary options and binary options. Everything is just a matter of mention.
To be able to make money from binary options, you must first understand how these binary options work.
Simple binary options are the type of investment where you do predict whether the price of an asset will go up or down in the time you choose yourself.
For example, will GOLD prices rise at 3:00 p.m.? well in binary options, if you think the stock will go up then you make a transaction up, and if you think it will go down, eat your transaction down.
When playing binary options there are terms of closing time, expiration time or expiry time. The purpose of that is when the transaction will be closed.
For example, I predict at 15.00 the price of gold will rise. At 3:00 p.m. this is called closing time and when at 3:00 p.m. it turns out that the price of gold is higher than the previous price, so I get a profit of around 80-90%, no matter how high the price of gold is whether it is 0.1% or more, I can definitely make a profit -90%.
Closing time can be selected according to your wishes, the interval starts from 60 seconds to 1 month.
I have explained binary options and examples of binary options transactions. Then how do you get money from these binary options?
How to get money from binary options
Next I explain step by step to make money from binary options.
1. Open a Binary Option Trading Account
To be able to make money, you must have a binary options trading account first.
2. Deposit funds into your broker account
After registering, you need to make a deposit to your broker account. This is so that you can trade with real money and profits can be withdrawn to your bank account.
if everything is ready the next step is that you just have to trade properly and correctly, for how I will teach in the next article.
