Hedgestreet offers the weekly binary option (and the Daily Binary Option) only. If you choose a currency pair and then scroll down the list of strike prices, you will see strike prices with a "W" next to them. These strike prices will also have ...

Why Binary Forex Options are better than Spot Forex

Demo trade for a couple of weeks until you grasp the concept of it. It was a bit tricky for me to understand Binary Forex Options in the beginning, but you will grasp it. Buy a contract if you think the price of a currency pair is going to be just ...

Why Binary Forex Options are better than Spot Forex

>>Yoda when you buy a binary at $80 is the market liquid enough so that you can buy lets say with 10 min left for expiration?<< Oh yes, definitely. >>In other words lets say you buy u/j strike 98 for a 2 hour time frame expiration & you see that u/j ...

Why Binary Forex Options are better than Spot Forex

One more thing....when choosing between Hedgestreet or IG Markets for Binaries keep this in mind: Hedgestreet reports your earnings to the IRS, IG Markets does not.

Why Binary Forex Options are better than Spot Forex

I honestly think you should trade Spot Forex first before trading Binaries. This might sound like a contradiction on my part, but Binaries requires that you understand the TIMING of the Forex market (as well as its volatility patterns.) My Binary ...

Why Binary Forex Options are better than Spot Forex

A. Buy a Monthly One Touch. B. Open a sell order on your Spot Forex account, in the opposite direction of your monthly one touch. C. Set the stop loss of your Spot Forex position at the "one touch" price of your monthly one touch contract. This way ...

Why Binary Forex Options are better than Spot Forex

Honestly, I just started trading Binary Forex Options. I am new to them, so everyone here please take note of this. As for how I trade them, I just like to let them expire in the money for the $100 pay out per contract. Also, please not some ...

Why Binary Forex Options are better than Spot Forex

It is incorrect to say that if you lose on Binary Options that you would lose whole lot more. You can only lose what you paid for in contracts. In fact, Spot FX is more risky than Binaries because a sudden price gap that extends beyond your stop ...

Why Binary Forex Options are better than Spot Forex

If you know of any Binary Forex Option brokers please let me know, because I have simply mentioned all of the Binary Forex Option brokers that I know of: Hedgestreet and IG Markets. Although I trade with Hedgestreet, I never told anyone to go with ...

Why Binary Forex Options are better than Spot Forex

Like all trading, Money Management applies with Binary Options. Just don't risk more than 3% - 5% of your account per trade. Trading is 10% strategy, 10% Money Management and 80% discipline/self control. You can't get wiped out fast on Binary ...

Why Binary Forex Options are better than Spot Forex

Hedgestreet charges $2 per trade every time, no matter what you're amount is, that's it. It's a flat fee. There is no spread pricing at Hedgestreet. In fact, Hedgestreet said that their pricing is going to get cheaper! IG Markets, however, does ...

Why Binary Forex Options are better than Spot Forex

An interesting Binary Forex Hedge idea is this: Buy a Monthly One Touch Binary Forex Option from IG Markets. Now take the equivalent investment and open up an opposite position in your spot Forex account. Place a Stop loss for this Spot Forex ...

Why Binary Forex Options are better than Spot Forex

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Why Binary Forex Options are better than Spot Forex

Getting to the bottom of Binary Forex Options is like anything else....Demo trade first, then go in with a tiny bit of real money and then go in with your main trading money.

Why Binary Forex Options are better than Spot Forex

There are no greeks in Binary Forex Options. And yes, time does act as a stop loss for binaries (as well as a value indicator,) but there is no way that Hedgestreet could write binaries that work in their favor. Once you buy (or sell) a Binary with ...

Why Binary Forex Options are better than Spot Forex

I have seen single orders of $30,000 per trade in a single day, but my broker tells me that they are bringing in some huge banks into the fold. You can order up to 50 contracts at once, and then you simply have to wait for the order board to refresh ...

Why Binary Forex Options are better than Spot Forex

The only way you can lose both position is if the price of the pair falls in between both of your strike prices.

Why Binary Forex Options are better than Spot Forex

If i undestand this broker allow you to buy and sell at the same time so you never have losing week? It's possible that the price of a currency pair could fall in between your hedged strike prices. There is no such thing as a flawless trading ...

Why Binary Forex Options are better than Spot Forex

I have an account with Hedgestreet and IG Markets also offers Binary Forex Options. IG Markets has an interesting Binary Forex Option called "Monthly One Touch." This means that if the price of a currency pair touches a strike ONLY ONCE, then you ...

Why Binary Forex Options are better than Spot Forex