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How to use Binary Options to maximize your earnings during a false breakout
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Forex options are becoming more and more popular nowadays among Forex traders as an additional tool for short-term speculations which are based on technical events. Although binaries are still young and suffer from liquidity and hence high premiums, Swing-Traders, Scalpers and Day Traders find the predetermined risk-reward ratio (~70% on trades that are “In the Money”, and 10% on trades that are “Out of the Money”,) extremely productive.
Illustration of a binary option at StartOptions.com:
We had the opportunity to discuss with StartOptions.com Head of Dealing J. Mavor:
Traders like to trade around market events or chart patterns. The stronger the event or the pattern, the more volume... Full Story |
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Submitted Feb 19, 2010 9:21am
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