1): Strategies based on betting models – Those strategies presume that using specific patterns in terms of investment amounts and the right timing can generate profit no matter if the trader is skilled or not at market prediction. Those strategies presume that in certain situations you can design your option buying strategy to give you a high probability of winning. In this category you will find betting pattern strategies like The Grinding Strategy or strategies based on trading the news.
2): Strategies on how to predict the direction of the market better – In this case the strategies are based on simple technical and statistical evidence that in some circumstances the market has greater chances to move in one direction over another. While technical analysis can be pretty complicated, there are much simpler ways of interpreting the charts, especially when it comes to binary trading.
How binary options trading is done
In the online financial trading things are much easier than on the classical financial market. Binary options are very simple and exciting : you have an asset, you make a prediction over the price trend – either up or down – in a certain amount of time, and if your prediction is correct you win a very attractive profit.
If a trade is presented to you, regarding the price of the stock, you may choose between the up or down trend of its price, which means you either make a CALL or a PUT option. Profit is earned if at the expiry time, the trend was predicted correct.
Binary Options Cash Back Deals – it’s an extensive list of all the brokers who give back in cash even if you lose your investments; this is called “loss coverage” and there are some special offers with even complete coverage, which means that if you invest 50 USD and lose it, the broker will allow you to try again and win a profit with the same money!