The following is a guest blog post: As a trader, you have a choice about whether you want to go the foreign exchange route or the path
of binary trading options.
The biggest
advantage of the binary trading is that the traders are aware of the maximum risk per trade, and it is the amount of money the trader invest in the underlying.
This is the
beauty of binary trading, as you are able to choose numerous underlying assets from within a variety of markets.
Also, along with the risk, the reward is also fixed in the
case of binary trading, and there is no possibility of scaling in more amount to gain higher rewards.
If you are native to Singapore and you are keen to start your binary options trading journey, then this article will aid you to understand some of the most important
aspects of the binary trading in Singapore.
Traders should be
wary of any binary trading software that promise too much since at the long last they end up costing the trader his or her investment.
As outlined above, if you prepare, test and pre-define settings correctly, a trader can profitably entrust the
job of binary trading to a robot.
The errors in entering the trade are very low in the case
of the binary trading as there is only one action which needs to be taken which is to open the trade and the rest is being done by the software.
-- 1 Touch Binary Trading Options: The One Touch
kind of Binary trading are probably one of the most interesting kinds of trades that you can possible make.
In the
case of the binary trading, except high or low options, the strike prices are set by the broker and even if you have a fair idea on how an underlying asset will behave, you can not place an order to be executed at certain price points.