What is Binary Options Trading? Don’t know the answer? Don’t feel bad! The nice folks at Nadex asked this question to a group of people on Wall Street and a lot of them couldn’t answer either! Watch our Nadex Pop Quiz video to see their answers and read the correct answer below.
What are Binary Options? Binary Option trading is actually very straightforward. You make a true or false prediction about the movement of a certain stock on the market and if you are correct, you make money! For example if your prediction about the value of the XYZ stock is that its value will increase by noon on Wednesday you can act on it with Binary Trading Options. The price of binary options is up to $100. If your prediction comes true, you make some money and if your prediction proves to be false, you lose some. This is what Binary options are!
If you’re interested in Binary Options and would like to start trading now - or if you’d like to learn more about Binary Options - visit the Nadex website at http://www.nadex.com/ and find out what you need to know to get started with Binary Options, learn about our Binary Options trading system and the best practices, and design a successful Binary Options Trading strategy - talk with out brokers today!
