What are the benefits of Binary Option Trading?1.) You don't have to worry about Stop Loss And Take Profit, because it is predetermined. So you know the amount you will profit or lose.
2.) You can use tricks to trade Binary Options instead of using complex theories to analyse the market to trade, because it doesn't have a long target to achieve and it requires minimum 1 pip to win, which allows us to be relaxed after opening a trade.
3.) You need minimum around 55%-60% winning rate to make profits, because it has around 1:1 (~= 100:95 or 100:80) Risk:Reward ratio per each trade. (Risk:Reward ratio depends on your Broker and the amount of your investment.)
4.) We can take profits within a small duration of time, without waiting a long time till it hit a target. And the frequency of trading opportunities are good with the help of Alert Indicators which we can use to find good opportunities with less effort.
What is the risk of Binary Option trading?You should have a trading method with minimum around 55%-60% winning rate, because it has always around 1:1 (~= 100:95 or 100:80) Risk:Reward ratio, and after opening a trade you can't change your decision to close the trade before the expiration, which can lead to lose from careless trades, because only 1 pip can make a loss (depends on the trading instruments and Binary brokers.).
Binary Option Winning Rate Calculation
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**Forex & Binary Options Risk Warning / Disclaimer:
Forex and Binary options trading are high risk investments. It's possible to lose your entire deposit if you play the Forex or Binary Options market. That being said you should only deposit what you're able to lose and nothing more with any Forex or Binary options broker!