We wanted to give investors who are new to this form of trading every tool they'll need to get started. And most importantly, we wanted to make the tools available to them for free.
Atlanta, GA (PRWEB) September 10, 2012
BinaryTrading.org was designed to provide investors with a one-stop resource where they can find everything they need to trade and profit from binary options. Within minutes, investors can learn how to trade binary options, the easiest way to get started, and which brokers are reputable. The newly-launched binary trading guide takes a step further, offering a free, beginning-to-end program that teaches profitable binary trading.
One of the challenges with trading conventional options is that doing so is complex and difficult to master. It also exposes investors to potentially large losses. Binary options are easier to understand and can be traded on a streamlined, web-based platform. Additionally, investors are aware upfront regarding their potential profit and loss.
The binary trading guide at BinaryTrading.org starts by taking investors through the basics. The program uses examples to demonstrate how trades are executed, and includes screenshots of the interface traders will see while watching them in action. The guide also provides tutorials that explain how to read charts, select legitimate binary brokers, and use advanced trading strategies.
"Creating this binary trading course has been a labor of love for us," said Jason Spry, cofounder of BinaryTrading.org. "We wanted to give investors who are new to this form of trading every tool they'll need to get started. And most importantly, we wanted to make the tools available to them for free."
Although binary options are relatively new compared to conventional options, investors have been trading them for years. Interest has increased substantially as the securities and currency markets have become more volatile. Still, many investors have been hesitant. Unlike learning how to invest in stocks and mutual funds, there are few comprehensive resources that teach people how to trade binary options.
"We noticed there are lots of sites that offer tips on binary trading. But most of them seem focused on the basics. They provide very little direction on important advanced concepts, such as Fibonacci retracements," said Spry. "Some sites do cover the advanced topics, but focus little attention on how to started. Our goal was to create a guide that takes investors from the initial steps all the way to the point at which they're trading like a professional."
Spry is an experienced binary options trader, and hopes to introduce more investors to this unique form of trading. He offers the following tips for investors interested in getting started:
1. Register at two or three trustworthy binary options brokers.
2. Practice trading with a binary options demo account before committing real money.
3. When trading with real money, start with small trades to minimize the risk of loss.
4. Focus on familiar assets.
5. Use a binary trading guide to reduce trial and error.
BinaryTrading.org is an all-inclusive resource that teaches investors how to trade binary options profitably. The site provides tutorials, examples, and detailed guides on reading charts, tracking patterns, leveraging various types of binary options, and putting advanced strategies into action. A regularly updated blog provides binary trading tips that can be used to take advantage of current market trends.