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Binary option trading is a popular form of financial trading that offers a simple and straightforward way to speculate on price movements in various markets Pocketoption . In this article, we will delve into the basics of binary option trading and provide you with step-by-step guidance on how to get started.
How to turn $100 dollars into $1,000 in a month?
Is binary trading manipulated? Fraud Advisory Many online binary option trading platforms operate in violation of the law. Some of these unregistered platforms have refused to credit customer accounts, denied fund reimbursement, committed identity theft, and manipulated their software to generate losing trades for customers.
Binary options are financial instruments that allow traders to predict the price movement of an underlying asset within a predetermined time frame. Traders have two possible outcomes — a “call” option if they believe the price will rise or a “put” option if they anticipate a price decline.
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Set Expiry Time:
Determine the time duration for your trade. This can range from a few minutes to hours or even days, depending on your trading preferences.