How to trade on Pocket Option correctly?
Recently, more and more people have become interested in binary options. This is due to the fact that such options allow you to make a profit as quickly as possible, and also because you do not need to invest a lot of money to make money on them.
What is a binary options broker?
Broker Pocket Option is a company that provides binary options trading services to everyone. To start pocket option trading, you must first register on the website of the selected broker. Then you need to open a trading account. To do this, you need to select the currency in which all transactions will be made. After this, you need to deposit funds into your account, after which you can start trading binary options for real money.
Features of binary options
Binary options are a type of trading in which a specific asset is selected, as well as its price. After this, the investor makes a forecast of where the price will go over a certain period of time.
Binary options are a fairly young type of investment that appeared only in the early 2000s. But during this time it managed to become quite popular among investors. Thus, investors could easily start making money on this market. Over time, the rules of the game have changed, and today only persons over 18 years of age can trade binary options.
Binary options trading rules
Two options are called binary: one for growth, the other for fall. The condition for both options is that they both must be exercised within a certain time period.
The conditions for each binary option are:
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How long will the option expire?
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Direction of asset price movement.
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Levels of asset price changes.
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Quotes.
Based on where the asset price levels will be, after what time and from what period, we can talk about which of them will be corrective and which will not. Determining this indicator is one of the most important points in any financial market.
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