Sunday, January 22, 2017

Binary options Kenya made simple part One

People have heard about binary options and wonder what it is and how to start.
It is easy folks, before you think starting a real account in binary options with any broker company maybe IQ Options, Olymp Trade, 24Options, No1Options, Titan Options, Deray Options, Aryex Options et-al. You have to consider practising first on demonstration account to gain confidence before you invest your real money to make enormous profit when you have the knowledge and tactics acquired during practise on a demo account.
Now binary options is an easy speculative way of trading on foreign currency pairs like (USD/EUR,USD/JPY,GPD/USD),Major stocks like (Facebook,Google,Apple,Twitter)Indices like(NASQAD)in a short time of 30seconds to 1day after predicting on which side shall the market direction be at the end of expiry time on an option either a call/Up or Put/Down.
Call or Up options means the market value on the commodity will rise or increase or be higher than what you found when you  picked the commodity. Lets say you choose a Call on EUR/USD at 1.061045 then when the market ends after your expiry time at 1.062250 or even 1.061047 then you win your options as profit that comes with between 65 to 90 percent depending on the liquidity of the market and what your broker provides.Call option is normally shown on a green bar.
Put or Down options means that the market value on the commodity will go down,decrease or be lower than what you found when you picked on a commodity. Lets say you choose a Put on EUR/USD at 1.068000 then when the market ends at 1.067650, you will count it as a win. Put options is normally shown on a green bar
So this means you win when the market rises or goes down.
You reap in the raining season and I drought.
Now before you rush into this business of binary options, let me tell you that you need to practise before you risk your real money to gain profits.
So how will someone practise?
1.Get to your android phone or smart phone then go on the Google app store or whatever the appstore provided by your phone manufacturer.
2.Search for IQ Options or Olymp Trader
3.Download any of this apps and install in your smart phone.
4.Register an account and after registering an account, may you request for a practise or demo account.
5. Try practising to see if you can make enormous profit on a virtual practice account where you have been credited with $1000.
If you make 10times to 50times their initial credit then you are ready to embark on your journey to make real money.
After this get ready to go for a real account.
I am your coach and best friend who wishes to see you prosper in binary options,
I too has both demo and real account and for real binary options make me a lot of money.
If you have anything that you do not understand, just leave a comment.
I will help you.
Meet me in Binary options part 2 when I show you how to deal with a real account
David Chibukosia Kubai

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