On-Line Trading Binary Options (A book for Beginners in Binary Option Trading)
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About this ebook
Many people would like to earn money. More and more people are turning to the Internet to make that much needed money. This book briefly takes you through the aspects of on-line trading in binary options. Every thing we do has consequences, this book is not a very straight short cut to the millions found in on-line trading. Today, the Internet is the largest market place a person could be introduced into, but like in every market, there are stale and dangerous products. The best way to deal with the on-line market issues is to enter the market fore warned! Don't enter the international on-line market as though you are the know it all. In the book, you will learn the rules and the etiquette and at the end, you are given the onus of choice. If you decide to enter the market, enter it armed with information that will guard you against losses. No one goes into business with an intention to lose. The brokers has the same mind, they must meet their overhead costs in taxes, rents, utility payments and make their profits When you click the mouse, remember somebody has to lose money for the other party to make money. That loser might as well be you. Be keen, the book is an eye opener.
Will Anthony, Jr
Will Anthony Jr. is currently the Chairman of the Uasin Gishu County Land Control Board which caters for over one million people. Before this stint, he worked in other capacities with the National government. He has also been lecturer in three religious institutions, a service to the youth to gather knowledge from the aging population. In his life time, Will Anthony Jr. says he has met a lot of people and can unflinchingly say that he loved most of them. Why most of them? Well, it is a tall order to love everyone you meet! Will Anthony Jr. has written several e-books touching on diverse subjects that relate to society. The books extensively cover human social and economic practices and this is so because expertise in one field in Africa can become a drudgery according to his practical view. His perception is that if you were born in Africa and the continent is your aboriginal home, you are likely to have English as your second language (ESL). Sometimes it could even be a third language. For him, he had to learn his mother tongue then learn both English and Swahili simultaneously. He went to his pre-primary bare foot, later he joined the local primary school 5 Km away and had to trek barefoot again not because his parents could not buy him shoes but because cobblers were a rare find. That journey was a daily toil of 10 Km, 5 days in a week or ~270 days yearly for 7 years. With a smirk he says that when you achieve a PhD in Africa, then You have done Plenty of hard Digging (PhD) or you have a Permanent head Damage (PhD) and you might end up in a ditch because your IQ cannot contain the booze like the local fellas!"Why did the English colonize Africa?" To keep the African languages in Czech (check), and he says that one must forgive this pun. But besides the pun, English has broken both social and economic barriers of the once "dark continent" whose forefathers slaved the white farms and firms to lace the pockets of their Lords.A PhD holder in Africa will still practice other 'trades' though they maybe 'very' learned because poverty is shameless, one has to draw bounds through plenty of smart work or else, it will be a shame to steal so as to maintain class.He published a book in 1992, but the publisher coned him , he took her to court and the case aged in judicial corridors for 12 years. He then made a decision to abandon the matter and to forget about writing books. However, Self publishing made him to change that decision. More than anything, He salutes Smashwords Inc. for the platform.In retrospect, He recalls a Dr. Alfred Sam, a friend of his from North America who was also a dean of studies in a local university, exposing his white ass in the university's auditorium to catch attention. The noise ceased as students and lecturers turned to look at the grown-up man on the podium doing the abominable. Well, the good Dr. in anthropology then simply pulled up his trousers buckled the belt and said, "Thank You, now I have your attention..."For the sake of simplicity, without much display of academia, Will Anthony Jr. is a writer in the global village market . For this, he Salutes all his readers and all lovers of written work. In a word of caution, he says that men and women alike must bear. In reference, there is an Ibo saying that every market place has it's mad people who will attempt to mar the business of the seemingly sane people. On the other hand, the English say everyone is mad, it's only the degree madness that is at variance. Salutes most profoundly!
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Reviews for On-Line Trading Binary Options (A book for Beginners in Binary Option Trading)
6 ratings2 reviews
- Rating: 3 out of 5 stars3/5Nothing much reveals, merely one scenario of sample trading and not even some graph for reader to view make this small book hardly for beginner to understand, nonetheless it is merely from my opinion only.
- Rating: 5 out of 5 stars5/5A great book on Binary options, the risks involved and how they often outweigh the profits. Good practices and techniques are explained in quite an easy way for a beginner binary option trader!
I found this to be a very useful book because it really warns you of the risks involved through the authors personal experiences. Is it off putting for a new trader that dreams of making quick money on binary ? Yes it is, but it's better to enter the market being slightly put off and highly sceptical of every broker out there than simply entering it thinking you are "investing" and will make a fortune!1 person found this helpful
Book preview
On-Line Trading Binary Options (A book for Beginners in Binary Option Trading) - Will Anthony, Jr
On-Line Trading
Binary Options
(A book for Beginners in Binary Option Trading)
Will Anthony Jr.
Copyright 2014 Will Anthony Jr.
Smashwords Edition
LICENSE
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopy, recording or otherwise, without written permission of the copy right owner. Nor can it be circulated in any form of binding or cover other that which it is published and without similar condition being imposed on subsequent purchaser.
ISBN: 9781311459695
Title: On-Line Trading Binary Options (A book for Beginners in Binary Option Trading)
PUBLISHER: Smashwords, Inc
DEDICATION
To Keith Kimeli, without whose letter I wouldn’t have come to the knowledge that I was actually gambling.
Table Of Content
DEDICATION
INTRODUCTION
PRO-BINARY TRADING
ALLEGEDLY, SIMPLE, QUICK AND PROFITABLE
TRADING ON THE ONLINE PLATFORMS
THE PIPS
EXAMPLE OF A BINARY OPTIONS TRADE
THE BULLS, BEARS, RESISTANCE AND CORRECTIONS
BLACK SHOLES FORMULAR
UNDERSTANDING BINARY OPTIONS
ADVANTAGES OF BINARY OPTIONS OVER TRADITIONAL OPTIONS
PRIME ADVANTAGES OF BINARY TRADING
TOP 5 BINARY OPTIONS TRADING TIPS
A TRADER’S TEN COMMANDMENTS
THE OTHER SIDE OF BINARY TRADING
HOW BROKERS MAKE THE MONEY
CONCLUSSION
ABOUT THE AUTHOR
INTRODUCTION
WHAT ARE BINARY-OPTIONS?
You will be told that with a fixed return, this is a simple way to begin making money by trading in binary options online. The platform owners will inform you that you have a managed risk whether the price of your option rises above the current rate when it expires or it falls below the current rate at the time of expiry.
PRO-BINARY TRADING
ALLEGEDLY, SIMPLE, QUICK AND PROFITABLE
Binary Options, also known as Digital Options, all-or-nothing options, or Fixed Return Options (FROs), have been available since the middle of 2008 and are simple for any trader - novice or expert- to understand, so they say. They will never tell that the reverse is also true, it is also simple, quick and non-profitable.
The Binary Option is in essence nothing more than a prediction on which way the price of a stock, commodity, index or foreign currency will move by a designated expiration time. You never purchase or own the asset as you’re only predicting the direction that the asset will go. There are only two possible outcomes and the price of the asset does not matter. As far as you’re concerned, all that matters is if your prediction was correct or incorrect.
Through the Broker platform, you simply:
1. Choose the asset you want to trade
2. Click on Call
if you believe the asset price will rise by the expiry time, or Put
if you believe that the price will fall
3. Wait for outcome
4. Your profit is deposited in your account or if it is a loss, a small return is made into your account.
Binary Options in Global Financial Markets fall under the umbrella