This week is all about retail with a number of big retailers reporting earnings and the release of retail sales figures on Monday.
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24option
- Over 35 Assets
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Daily Analysis
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anyoption now offering Bitcoins
Posted
May 14, 2013
Binary options traders have been in demand for Bitcoins, prompting premier broker anyoption to offer the virtual currency.
Week Shaping Up to Be Quiet; US Unemployment Claims To Be Released Thursday
Posted
May 6, 2013
After a swathe of important economic data released last week, this week is expected to be much quieter.
Recent Trades
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About Binary Options
Binary options are contracts that promise to pay out returns and refunds, which are precisely defined before contract execution, when a specified expiry time elapses. To achieve this, you first must forecast the direction in which your binary option will progress, downwards or upwards, and then select an applicable expiry time. Binary options have recently caught the widespread attention of the trading to such a level that their popularity is increasing more quickly than any other form of investing. They have achieved this impressive status primarily because of their main attribute, which is their ease-of-use. Novices just need to make a minimum initial deposit with their selected binary options brokers in order to start trading Binary options also provide other impressive benefits, such as a diminished risk environment and increased levels of returns. For example, you will collect payouts that can be as high as 85% of your wager when you are “in the money.”
How To Get Started
You can start trading binary options trading in 10 steps or less. It’s that easy. The first step is to perform research on how to trade binary options, and understand options strategies that work for you. Next, read binary options reviews on what the best binary options trading sites are. You’ll find that some brokers have features you prefer or others. Then, create a binary options trading account. From there, choose an asset that you want to trade, whether it is an index, stock or commodity. Make sure you understand your potential gain or loss before you invest your money in an asset, as well as the expiry time of the option. Enter the amount you wish to invest on the option, and select the expiry time for your option. Execute the trade, then wait to see how the asset performs, and hopefully, you will be “in the money!”