Plain and simple rule of trading: Binary Options are excellent hedging tools in conjunction with conventional Forex positions. Unlike Traditional Forex, Binary Options have two predetermined and fixed outcomes.
Unlike Traditional Forex, with Binary Options you can never lose more than your invested amount. There is no need to place Stop-Losses in Binary Options. Unlike Traditional Forex, Binary Options trading does not require leverage in order to succeed.
You can profit without risking a single cent more than your trade amount. As you already have your Stop-Losses on your Traditional Forex positions, you may use your Binary Options trading to hedge against your forex positions without using leverage. Unlike Traditional Forex, with Binary Options you are only trading on the direction the asset will close at expiry, either higher or lower.
What this did is cover your losses or help you even be profitable in the event that your short or long position fails. Looking for More information on 24Option? Registration is required to ensure the security of our users. Login via Facebook to share your comment with your friends, or register for DailyForex to post comments quickly and safely whenever you have something to say.
Log in Create a DailyForex. Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders. Report Broker Scams Forex Widgets. Excellent article for beginners. Sign Up Read Review.
Free Forex Trading Courses Want to get in-depth lessons and instructional videos from Forex trading experts? Sign up to get the latest market updates and free signals directly to your inbox. Enter your email address here:More...