This course or series of tutorials is about learning the fundamentals of binary options trading.
The videos have been structured for the beginner who wants to understand what binary options are and how to trade binary options.
All you need to have for this course is an interest in binary options and I will explain the rest.
This entry level course is a series of 8 videos which roughly go for about 5-10 minutes each.
I've designed the series so each tutorial builds upon the previous one so I strongly advise to start from tutorial one and continue through each respective lesson.
I recommend taking my course because its free (unlike many courses which charge thousands of dollars) and you will gain more knowledge on how to trade binary options.
As a bonus I have also published in-depth reviews of the most popular brokers. Choosing the right broker is a very critical step on your path to trading success. I outline the pros and cons on each broker plus go over the terms and conditions with a fine brush to ensure you know which will be the right broker for you.
This video provides a guide on how to choose a stock charting software and why it is important to increasing your probability to higher profits when binary options trading.
Why use a Stock Chart Program?
Best Stock Charting Software Links
In this video I will explain what the best trading times are for binary options in the three main time zones being Europe (including the UK), America & Australia.
Best Trading Times Brief
What are the Best Trading Times?
Which hours have the highest volatility?
Best strategies for specific times?
In this video I will explain the various expiration times and how they relate to chart time frames with using candlesticks in a charting program.
Binary Options Expiry Rate Definition
When trading binary options, the value of the asset at the expiration time, the expiry rate, relative to the value of the asset at the start of the trade, the strike price, determines whether a trade has been successful.
Binary Options Trading Example
You open a 30 minute expiry trade of $100 on the EUR/USD predicting the price will go up.
If the option expires (after the 30 minutes) higher than the strike price (the price when you placed the trade) your prediction was correct and you won the trade.
Binary Options Tips
In this video I calculate the break even ratio for binary options and answer why it is important to know.
What is Break Even Ratio?
Is the win ratio or percentage required to break even.
How is the break even ratio calculated?
(Potential Loss / Payout + Potential Loss) x 100
(100 / 75 + 100) x 100 = 57.4%
If we have a winning % greater than 57.4% we make a profit
If we have a winning % equal to 57.4% we would break even
If we have a winning % smaller than 57.4% we would eventually go bust
I believe all traders deserve a fair and safe place to trade. The majority of traders have no issues however "I'm here" to help just in case something goes wrong with your broker account or signal service.
Here are the common binary options complaints:-
This video will give you a quick start guide to choosing a broker.
Key points in deciding which broker is best for you:
Regulated Binary Options Brokers
If trading with a regulated broker is important to you I recommend the follow regulated brokers:
USA Binary Options Brokers
If you are from the USA I recommend any of the following brokers:
Demo Binary Options Brokers
I highly recommend paper trading if you are new to binary options. Paper trade at least 100 trades before using real money. The best way to paper trade is to do so via a “demo” account. This way you are familiarizing yourself with the software and testing the success of your trading ideas. Demo account are also good when testing a signal service.
Is IQoption the best new binary options broker? YES!!! There are so many pros to IQ Option we highly recommend making this the broker to trade binary options with. The only downside is they do not accept USA or Japanese traders (sorry guys).
• CySEC Regulated
• Max Returns up to 95%
• Amazing Software Platform
• Trading Tournaments
• Up to 60% refund on losing traders
• USA & Japan traders not accepted
My profession is a day trader plus I run a successful binary options website.
I have been working as a day trader for five years and now train students on how to trade with binary options. I have also been blogging about binary options for a while.
I joined Udemy to spread the word about binary options trading. Trading stocks or forex does not have to be a full time job. I believe its a perfect vehicle to make extra money in your free time.