Binary Options Trading - How I Turned $250 Into Almost $20,000 In One Month
Professional market analysis, algorithmic trading. In order to receive profit, a trader makes a prediction regarding the direction of the underlying asset's price movement. If the prediction is correct, the trader receives profit.
If it is not, the trader takes losses. Traders can also close the trade early if they realize that the prediction is not correct.
In this case, a part of the contract cost is refunded. Purchase a CALL option if you think that the price of the chosen asset will be higher than at the moment of its expiration time.
If the price remains the same, you don't take losses and don't receive any profit. If the current price is lower than the price at the moment the option was bought, you take losses. Buy a PUT option if you think that the asset's price at the time of expiration will be lower than the current price.
If your prediction is correct, you will receive profit. If the price remains the same, you will neither lose money not receive profit.
If the price is higher than it was at moment the PUT option was bought, you will take losses.