Sunday, December 4, 2011

Tips for trading binary options in a down market

Even in a down market, smart binary options traders go Deep in the Money
In a down market, binary options are a great way to focus your investment energy. Why? Because your job with the binary options is to decide whether the asset's price will go up or down from the base time to the expiry. And, if you're in a down market at the time, then the chance of the asset going down in price is more likely. This means that your prediction is usually easier to make. If you estimate, for instance, that gold will go down in price from today until tomorrow, and you know that we are under a depressed economy period, then your prediction will most likely be correct. Obviously, this advice isn't set in stone, nor does it need to be followed; but it's important to look at the trends to predict what will happen with the binary options.

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