A STEP-BY-STEP GUIDE TO Binary Options Trading.

Transcription

1 A STEP-BY-STEP GUIDE TO Binary Options Trading

2 Index Top Reasons to Trade Binary Options Binary Options: A History How to Execute a Classic Trade with Binary Options Advanced Binary Trading Tools Stop Loss Tool Multiplier Tool An Overview of One-Touch and Strike-Out Trading Executing One-Touch and Strike-Out Trades 60-Second Trading Creating your own Binary Trades: The Basics of the Dashboard Olimp Finance Exclusive Robot Feature Olimp Finance Trading Platform - Basics Asset Types My Account Using Your Trading Account Adding Funds to Your Account Withdrawing Funds Olimp Finance: An Overview 2

3 Top Reasons to Trade Binary Options Binary options, which are also known as two-way options, are among the easiest and most convenient options to trade. To maximize the benefits of trading on binary options, you should use the Olimp Finance Binary Options trading platform. With this platform, you ll earn profits more quickly and enjoy expiry rates of up to one month. If you prefer short expiry rates, you can take advantage of a trade period that s as short as 60 seconds. With binary options trading, you can take advantage of the fact that returns are always fixed. You ll always get the same return on investment, or ROI, regardless of the amount of your investment. There s also no spread, so identical prices are given for put options and call options. You can access the platform from absolutely anywhere. You just need a computer and an Internet connection. The software is available 24 hours a day and seven days a week. Incredibly, you can earn amazing profits by trading on binary options even when the market is in decline. Dozens of markets are involved, so you can trade at any time of the day or night. To summarize, the top benefits of binary option include: 60-second options are available You only need a small initial investment There s a fixed risk involved Remarkably high returns are possible You can profit from volatility on the market You will enjoy 24/7 access There are no spreads Top Reasons to Trade Binary Options 3

4 Binary Options: A History Although they ve only boomed in popularity recently, binary options have been available since the early part of the 20th century. Financial investment firms and banks have been offer ing them for decades now. There were many early proponents of binary options, and the Rothschild family is just one example. The main reason that binary options have exploded in popularity has to do with the Internet. It s easier than ever to track financial markets in order to engage in effective binary options trading. These days, many hedge funds revolve around binary options and use them to earn millions of dollars per year. With that in mind, it s clear that binary options aren t going away any time soon. Cash-or-nothing options were first permitted by the securities and exchange Commission, or SEC in The initial request to allow these options was made by the Options Clearing Corporation. since 2008, binary options have been traded on the American stock exchange as E uropean cash-or-nothing binary options. They are also traded on the Chicago Board of exchange, or CBOe. Binary options are standardized, which means that they can be traded on stock exchanges with contin uous quotations. It also means that they can be traded online with ease through trading platforms like Olimp Finance. Binary Options: A History 4

5 How to Execute a Classic Trade with Binary Options Executing a classic binary options trade through your Olimp Finance account is easy. Just follow these steps: If you already have an account, just log into it. If you don t have an account, create one and log into it. Deposit funds into your account. How to Execute a Classic Trade with Binary Options 5

6 Select an Asset and specify the Expiry time. Choose your position. You can choose a CALL position, which means that you expect the price to go up, or a PUT position, which means that you expect the price to drop. Enter the total amount that you d like to invest. Click on the Apply button to complete the transaction. How to Execute a Classic Trade with Binary Options 6

7 Advanced Binary Trading Tools Olimp Finance is a robust binary options trading platform. In addition to offering a variety of basic tools, it offers two advanced tools. This section highlights these tools to ensure that you can make the most of them. The tools are: Stop Loss and Multiplier. Stop Loss Tool This tool allows you to close trades before their expiration times. Why would you want to do that? Generally, this action is taken in order to cut losses in a trade that is not expected to work out favorably before the contract expires. If you re out of the money and your option is about to expire, it could prove to be quite useful. If you d like to put the Stop Loss feature to work, keep these points in mind: Your trading position can be either out of the money or in the money to use it. By using the Stop Loss feature, you are getting a fixed return of 5 percent of your trading position. Availability of the Stop Loss feature depends on the trading position duration. Most commonly it is active for about 70% of the position duration. Outside of this window, the function cannot be used. You can only use the Stop Loss tool for a certain period of time and it won t be active shortly before the trading position expiry time. Advanced Binary Trading Tools 7

8 Multiplier Tool This is a relatively new feature, and it s already immensely popular. It essentially allows you to open a new position from a new price. The new rate is the current rate, so you agree to release the original price that was offered when you originally executed the trade. The best time to use this tool is when you expect the expiry rate to maintain the same course as your initial trade. Activating the Multiplier tool is easy. Just click on the button that is labeled x2, x4 or x 8 which is located on the sidebar. Doing this will automatically multiply your investment by 2, 4 or 8. Advanced Binary Trading Tools 8

9 An Overview of One-Touch and Strike-Out Trading These unique features let you trade in investment units of the entry rate. As a result, you can enjoy payout rates of anywhere from 200 percent to 700 percent. These features are available for daily, weekly and monthly options. One-Touch option can be understood better with an example. If you choose a $100 weekly option with a return rate of 350 percent, and the target price is touched one time during the week you ll receive a return of $450. You can choose from preset trades separate for CALL options and PUT options. This is a very good way to boost your account balance since these options have the highest payout among any other options. You will have to confirm this action, and you will also receive a confirmation . Strike-Out is simmilar to the previous option as it also consists of preset options however, the main goal of this binary trading option type is to reach the exact target price upon expiry. The value of the asset price must be at the level of the target price at the time of the expiry. Stop Loss Tool Executing a one-touch trade is easy: 1 Click over to the Barrier section to find additional trading options. An Overview of One-Touch and Strike-Out Trading 9

10 2 Choose One-Touch or Strike-Out from 4 Click on the Apply button. 3 the list. Select the number of units that you d like 5 Buy the option again by clicking Buy More. Accept the trade to confirm your to buy. request. An Overview of One-Touch and Strike-Out Trading 10

11 60-Second Trading 60-Second Trading can be found under the BINARY trading options. It allows you to enjoy the shortest options available t hat day. Using this feature is no different than using the classic trading mode. You select the asset of your choice and specify an investment amount after selecting the direction of the 60-Second trade either CALL or PUT. After that you click the Apply button to execute the trade. When you open and close your position, you ll receive an confirmation. Olimp Finance trading options are adjusted to our traders and you can choose from all the necessary features like the 60 second trades. Taking advantage of this feature is easy. You should give it a try at least once. Like most traders, you re sure to enjoy the edge that it gives you while trading binary options. 1 Choose from the list of preset expiry times. 2 Select the investment amount per option. 3 Select the direction of the trade CALL or PUT. 4 Execute the trade by clicking on the Apply button. An Overview of One-Touch and Strike-Out Trading 11

12 Creating your own Binary Trades: The Basics of the Dashboard To be the savviest binary options trader possible, you should make effective use of the Olimp Finance Dashboard feature. This feature lets you completely customize the way you trade. Select precise expiry times to get the exact results that you want. Choose the risk-reward ratio of your choice. Along the way, monitor your time tables and risk management situation to ensure the highest yield possible. By putting the Dashboard tool to work for you, you can make the most of the trading strategies that have worked for you in the past. You can update these settings easily, so you can make the necessary changes as your strategy evolves. By having these settings in place, you ll be able to trade more quickly and effectively, and you ll reduce the risk of making careless mistakes too. 1 2 Select the DASHBOARD feature under the EXP TIME drop-down menu. It is located at the very bottom. Enter the desired variables of your trade. You can choose the asset you want to trade, choose the direction of the trade CALL or PUT, select the date and hour when the trade should expire and also you can manage the risk you are taking by choosing the payout options. You can risk the whole amount of the trade by selecting the pair IN:85% - OUT: 0% or you can take it slow with this pair IN:45% - OUT:30%. All th at is left is to type in the amount of your investment and click Apply Creating your own Binary Trades: The Basics of the Dashboard 12

13 Creating your own Binary Trades: The Basics of the Dashboard 13

14 Olimp Finance Exclusive Robot Feature Among all the features that you could read up to this point, there is an additional exclusive feature that Olimp Finance offers for traders. It is a trading robot that can be adjusted according to your personal preferences. The robot is placed under the INFORMATION section. You can select any asset you like from the given list or select groups of them for more effective trading the group can t exceed five assets from the given list. Olimp Finance Exclusive Robot Feature 14

15 In the next step you can choose the studies according to which the robot will analyze the market and place trades for you. You can choose up to two technical indicators. Once this is done you select the amount you would like the robot to trade and ACTIVATE the robot. The robot will be trading according to the set priorities and the set trade price until it is deactivated and/or is lacking investment capital to execute trades. Olimp Finance Exclusive Robot Feature 15

16 Olimp Finance Trading Platform Basics Olimp Finance offers some of the most useful charts in the binary options world. In the main section of the trading platform you can choose from six different charts. There are even Candle Stick charts, what is a new feature among the binary field of trading. If you use technical analysis while trading binary options, this feature is absolutely essential. Olimp Finance Trading Platform Basics 16

17 There are many useful features available while analyzing our charts. You can zoom in and zoom out easily by selecting the number of closing periods you would like to see. The fewer periods you select the more detailed the view on the chart. Alongside these great tools we have something that is exclusive to our platform and t hose are the Technical indicators that you can apply to our chart. Without any external program you can apply studies to the chart directly by selecting the ones that suit you. There is a vast area of them to choose from in the drop down menu. If you are a professional trader, you will appreciate this feature very much. Olimp Finance Trading Platform Basics 17

18 Asset s Types There is an extensive array of assets available through the Olimp Finance platform. They include foreign currency exchange, stocks, indices and commodities. There are too many assets to list them all here, but you can check out a complete list by visiting the Olimp Finance Asset Index. Go to Olimp Finance Asset Index Asset Types 18

19 My Account Using Your Trading Account As you use the Olimp Finance platform, you will develop a history. Your trade history could come in handy in some instances, and you can access it by viewing your port folio. The information that s included in your portfolio includes: investment ID number, asset name, entry date and rate, investment amount, It s easy to view your Olimp Finance portfolio. To start, click on Information which is on the top, left-hand part of the interface. From there, click on the History link, which will be on the left side of the screen. Your portfolio will immediately appear. By checking your portfolio regularly, you can stay on top of how you are faring with binary options trading. type, expiry date and rate, payout. My Account 19

20 Adding Funds to Your Account You can t trade binary options on Olimp Finance without funding your account. luckily, it s a snap to add funds to your account. At the top, left-hand side of the Information screen, you will see a button that says Make a deposit. Click on that button to proceed with funding your account. When you re in the deposit section, you will be asked to choose a payment method. Credit cards are the easiest and most popular options. To use one, just enter the credit card number, expiration date and other required information. Click on the Deposit button at the bottom of the screen. Your funds should be available instantly, so you can start trading right away. You can also wire funds to add money to your Olimp Finance account. To ensure that everything goes smoothly, you should contact your Olimp Finance account manager after requesting the wire transfer. That way, you can rest assured that your funds will be credited to your account as soon as possible. Withdrawing Funds After achieving a lot of success on Olimp Finance, you re going to want to withdraw money too. It s just as easy to withdraw funds as it is to add them. start by navigating over to the Information section. From there, click on the Make a withdrawal button. You will then have to choose the withdrawal amount. The fastest way to withdraw your funds is to have them added to a credit card. If you choose to have the funds wired, you ll have to wait a few business days. My Account 20

21 Olimp Finance: An Overview Olimp Finance is a binary options trading platform that makes it easy to trade on your favorite markets. This platform is designed to provide traders with the with the most useful information possible to increase the odds of successful traders. Cutting-edge trading technology simplifies the process of trading on binary options and makes it easier to generate excellent profits. Olimp Finance is already one of the most popular binary options trading platforms on the Internet. It was designed by traders, so it includes intutive features that enhance the binary options trading experience. Olimp Finance: An Overview 21

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