Pocket Option Platform

Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning Pocket Option Ducky Bhai . She is the co-founder of PowerZone Trading, a company that has provided programming, consulting, and strategy development services to active traders and investors since 2004.

When can you trade on Pocket Option? Traditional options, such as stock options, are only available for trading during regular market hours, which are Monday through Friday, 9:30 am to 4:00 pm EST. But with the rise of online trading platforms, new forms of options have emerged, such as pocket options, that allow traders to trade on weekends as well.

What is the maximum trade amount in Pocket Option Pocket Option Strategy Blw ? Minimum trade Pocket Option is an easy-to-use and intuitive trading platform that makes it simple to place trades with a small amount of money . Pocket Option Maximum Trade Amount – it depends on your profile level and can reach $20000 (max level).

Can you withdraw from Pocket Option without verification? To comply with regulatory standards and fortify security, Pocket Option may require additional identity verification. This step could involve submitting documents such as a valid ID or proof of residence.

How to turn $100 dollars into $1,000 in a month Pocket Option Ka Promo Code ?

Updated October 06, 2022 Reviewed by Reviewed by Thomas J. Catalano

Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a variety of areas including investments, retirement, insurance, and financial planning.

Fact checked by Fact checked by Diane Costagliola

Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure.

Introduction Pocket Option Platform

Binary options and day trading are both ways to make (or lose) money in the financial markets, but they are different animals.

A binary option is a type of options in which your profit/loss depends entirely on the outcome of a yes/no market proposition: a binary options trader will either make a fixed profit or a fixed loss.

Day trading, on the other hand, is a style of trading in which positions are opened and closed during the same trading session. A day trader's profit or loss depends on a number of factors, including entry price, exit price, and the number of shares, contracts or lots that the trader bought and sold.

Key Takeaways

A binary option is an option in which your profit or loss depends entirely on the outcome of a yes or no market proposition.
Binary options are available on a variety of underlying assets, including stocks, commodities, currencies, indices and even events,
Day trading is a style of trading in which positions are opened and closed during the same trading session.
A day trader's profit or loss depends on entry and exit prices and the number of shares, contracts or lots traded.
Binary options traders gamble on an assets' prices being above or below a certain amount at a specified time; day traders also attempt to predict price direction, but profits and losses depend on a variety of factors.

Understanding the Difference Between Binary Options and Day Trading

An option is a financial derivative that gives the holder the right, but not the obligation, to either buy or sell a fixed amount of a security or other financial asset at an agreed-upon price (the strike price) on or before a specified date. A binary option, however, automatically exercises, so the holder does not have the choice to buy or sell the underlying asset.

Binary options are available on a variety of underlying assets, including stocks, commodities, currencies, indices and even events, such as an upcoming Fed Funds Rate, Jobless Claims and Nonfarm Payrolls announcements. A binary option poses a yes/no question: for example, Will the price of gold be above $1,326 at 1:30 p.m.? If you think yes, you buy the binary option; if you think no; you sell.

The price at which you buy or sell the binary option is not the actual price of gold (in this example) but a value between zero and 100. The trading range fluctuates throughout the day, but always settles at either 100 (if the answer is yes), or zero (if the answer is no). The trader's profit/loss is calculated using the difference between the settlement price (zero or 100) and your opening price (the price at which you bought or sold).

Binary options traders "gamble" on whether or not an asset's price will be above or below a certain amount at a specified time. Day traders also attempt to predict price direction, but profits and losses depend on factors like entry price, exit price, size of the trade, and money management techniques. Like binary options traders, day traders can go into a trade knowing the maximum gain or loss by using profit targets and stop losses. For example, a day trader might enter a trade and set a profit target of $200 and a stop loss of $50.

Day traders, however, can "let their profits run" to take full advantage of large price moves. Of course, day traders could also let their losses get out of control by not using stop losses or by holding onto a trade in the hopes that it will change direction. Day traders buy and sell a variety of instruments including stocks, currencies, futures, commodities, indices and ETFs.

Investopedia does not provide tax, investment, or financial services and advice. The information is presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Investing involves risk, including the possible loss of principal.