How To Get Higher Binary Options Trading Returns

One of the features of binary options trading that attracts many traders is its simplicity. You simply chose an asset (a company stock, market index, commodity or currency pair) and stake an amount of money that its value will be higher or lower by a set time. You don’t care what its actual value is or by how much the price has changed, you’re simply predicting the direction of movement. If you’re right, you win, otherwise you lose. It’s as simple as that.

More Complicated

Even with binary options trading you can, if you wish, go for something more complicated. The attractions of doing so are that, because it’s more challenging, the returns are potentially much higher. In general, with these types of variation you’re not just predicting the direction of the move but also its extent.

The normal principle is that you are predicting whether an asset price will or will not reach (or ‘touch’) a particular level within the time period of your option. If you’re right you win, even though the price may still not be at that level when the time period expires. The prediction is simply that it will or will not have touched.

Predicted Level

For a ‘no touch’ option, you are predicting an asset price will stay above or below a certain level while ‘one touch’ means you expect it to at least reach a level you specify. A ‘double no touch’ option is a little more complicated because you set two levels and the price has to stay within the specified band. For ‘double one touch’, the price has to move above the higher level or below the lower level for you to be successful although, again, it doesn’t have to stay there.

If you want to see what is available take a look at the website of Banc De Binary. You can select the assets you want to trade and the strategies you want to use.