One of the biggest advantages to adding binary options to your portfolio of financial investments is that you can trade them on the weekends when the majority of global markets are closed. This is because many binary brokers offer all-or-nothing digital options on stock and indices that are open for trading on Sundays.

One of the most important first steps in trading digital options is deciding what underlying asset that you want to trade. Each asset performs differently in different market conditions. Choosing your asset is key to whether you are profitable or not. There are three ways to choose assets. You can choose them based on your knowledge, based on the market, or based on the major news events currently happening.

In this article, we will review options broker OptionFair’s “closable” binary option, which allows traders to sell their binary options before expiry at a price that is determined by the underlying asset’s value at the time the option is sold.

Ben Bernanke’s speech at Jackson Hole, on Friday at 14:00 GMT is viewed as the most important financial event of the week. This article explains how to profitably trade with Binary options on EURUSD.

When there is reason to believe that an upcoming economic event is likely to have a powerful effect on the value of a particular asset, one way to profit may consist of a employing a binary options strategy I will refer to as “stacking.”

One way to limit a trader’s exposure to risk when entering a forex trade is to simultaneously invest in a forex binary option on the same currency pair and to define a stop loss order for the forex trade that is directly based on the option’s potential payout.

Forex binary options can help minimize one’s exposure to risk when used in conjunction with a long position in forex trading by limiting one’s losses should the currency pair not perform as one is expecting.

Read a comparison of currency binary option trading versus forex trading and under what conditions it is best to use each strategy.

How traders can take advantage of the fluctuations in forex rates caused by the release of pertinent economic information to invest in a forex binary option.

Almost all the major binary option trading platform software providers and all of the websites they power use Reuters as the basis for their binary options quotes.

The sections below cover the sold strangle binary option trading strategy that can be used by retail traders who have access to a binary options broker that permits the naked selling of binary options.

The sold straddle binary option trading strategy involves selling both a binary call option and a binary put option, each with exactly the same strike price.

The sections below will cover the sold binary put option trading strategy that traders can employ if their binary options broker permits naked option selling.

The sections below cover the sold binary call option trading strategy that traders can employ if their binary option broker permits naked option selling.

The purchased strangle binary option trading strategy involves buying both a binary call option and a binary put option with different strike prices that are each usually a certain amount out of the money relative to the underlying market.