Binary trading day trading in Vietnam 2020

Binary options trading hinges on a simple question – will the underlying asset be above or below a certain price at a specified time? If so, you can make substantial profits with one of the simplest financial instruments to trade. But what exactly are binary options, and what are their benefits and limitations? This page will answer those questions, as well as detail how to start day binary options trading, including strategies, tips and regional differences to be aware of.

First, let’s see how it works. Simply put, a binary option is a derivative that can be traded on any instrument or market. They appeal because they are simple. You know exactly how much you can win, or lose, before you even make a trade. No complicated math and calculators are required. This is why they are also known as ‘all or nothing’ transactions.

If you anticipate news announcements, quarterly reviews, or global trends, you can make accurate decisions about whether prices will rise or fall at a certain point in time. future, profitable.

There are a bunch of derivatives to choose between. You can trade binary options on commodity value, such as aluminum and crude oil. You can choose stock prices, such as Amazon and Facebook. There are exchange rate options, including all major and minor pairs. Even cryptocurrencies like Bitcoin, Ethereum and Litecoin are on the menu.

Summary History

If you want to start trading binary options full time, a detailed understanding of their origins will help. Binary or ‘digital’ options have been around for decades. In the beginning, it was only large institutions and the wonderfully wealthy that had access. However, 2008 saw the US Securities and Exchange Commission open the floodgates by allowing binary options to be traded through an exchange.

The internet and technology have provided the whole world with access to these ‘digital’ options, so with low barriers to entry for traders understanding translations and easy-to-understand prepositions, the demand for these digital transactions will only increase.

Option types

There are several different types of options to choose from. The most common types are listed in the brief glossary below.

• Up/Down (High/Low) – The simplest and most popular binary option. Will the price be higher or lower than the current price at expiration?
• In/Out (Range or Boundary) – A ‘high’ and ‘low’ number will be set. You will then make a decision on whether the price will end up inside or outside these boundaries.
• Touch / No Touch – Levels will be set higher or lower than the current price. You then enter a position to see if the price will ‘touch’ these levels between the time of the trade and the expiration. Payout will come as soon as communication takes place.
• Ladder – This is similar to trading up/down. However, instead of using the current price, the ladder will have predefined levels that are staggered up or down. They usually require a significant price move. The flip side of this is that returns will often exceed 100%. While notable, both sides of a transaction are not always available.

Shelf life

Another important component of binary options is the expiration time. This is when the trade will end and is the point where you win or lose. This time can range from 30 seconds and 1 minute (turbine) to a whole day (end of day) and even up to an entire year.

As a day trader, you will be more interested in trading 5 and 30 minute binary options. Opt in to binary with 1 minute expiry and you have the ability to execute a high number of trades in a day.

Is Binary Options Trading Legal?

Despite the somewhat negative reputation, the reality is that binary options are legal. Most companies operate fairly. Opinion has been divided because of some deceptive activity.

Regulation in certain regions means that binary has been withdrawn from the retail market. In the EU for example. But professional traders can still use them. In regions like India and Australia, binary is legal – but traders should make sure they use a reputable broker and read our section below to avoid scams.</p >

Scam & cheat

Binary reputation has suffered from dishonest marketing and cybercrime. Too nMany unregulated brokers promise quick cash, while operating fraudulently. Regulators are on the case and this concern should be alleviated soon.

The binaries themselves are completely legal, but stay away from ‘instant money’ promises, cold calling brokers and celebrity endorsements, plus any claims where you can ‘start trading binary options for free’.

So it’s not a good or bad question, it’s simply a question of being alert to the dangers and knowing what to look out for. If you are unsure about a broker, ask questions in the live trading room to check if they are properly regulated.

Binary Options Vs CFD Trading

Although in some ways similar, there are still some important differences between binary options and CFDs. With CFDs, you have unlimited risk exposure. If the asset’s price moves significantly, the value of the transaction can increase very, very quickly – for better or for worse.

Meanwhile binary options work slightly differently. While you are still investing without owning the property in question, the profit and loss ratio is fixed. With the call option, it doesn’t matter if the price rockets, you keep the percentage as if it increased by only a few pips.

Similarly, if the price drops to 0, you will only lose what you put in. So to identify the difference – with binary options you are at fixed risk.

Having said that, like it is binary options versus forex trading, you are limited in your profit potential.

Why binary options trading?

If you want to profit binary options trading, you need to understand both their pros and cons first. You need to make sure binary options will suit your trading style, risk tolerance and capital requirements.

Advantage

There are a host of compelling benefits to trading with binary options. The biggest advantages have been outlined below.

• Simple – Because you are deciding on only one factor, the direction, your placing of bets is simple. Prices can only increase or decrease. You also don’t need to care when the transaction ends, the expiry time will take care of that. Whereas in other markets you may need a system to limit your losses, such as a stop loss.
• Fixed Risk – Commercial stocks, gold and crude oil and you’ve got a lot of factors to deal with, from slippage and margin to news events and requotes. With binary, your risk is kept to a minimum with much less parameters.
• Trading Control – Because you know what you can gain or lose before entering a trade, you have greater control from the start. Trade stocks, for example, and you have no guarantee that your trade will make the entry price.
• Profit potential – Compared to other trading, profit in binary is extremely attractive. Some brokers promise payouts up to 90% on a trade. If you are looking to make simple trades with great profit potential, binary might be worth considering.
• Options – Instead of being tied to a specific market, e.g. cryptocurrencies or stocks, binary options traders have the opportunity to trade instruments on almost all markets, allowing you to start trading currencies, indices and bonds if you wish.
• Accessibility – In the binary options game, it’s always timethe best trading pond somewhere in the globe. So you can log in at night, or on weekends, and join the group of aspiring traders trying to turn profits daily. Real-time charts are available for every market, so if you have the time you can invest 24 hours a day.

Risk

While there are plenty of reasons to dive into binary options trading, there are still some notable downsides:

• Decreased Deal Rates – While you can benefit from deals that offer over 80% of payouts, these usually happen when the expiration date is well away from the transaction date. If your binary trade success rate is very high, you may have to go with a reduced payout rate.
• Limited Trading Tools – While most brokers offer advanced charting and analysis capabilities, trading tools for binary traders often fall short of their goals. destination. Fortunately, there are other online sources for these charts and tools, plus brokers are working quickly to increase their offerings.
• Loss Price – Your odds are in favor of losing the trade. Around 70% profit, corresponding loss of the same trade will lead to 85% loss. This means you need a win rate of at least 55% to break even.
• Risk Management – Unlike other markets, brokers usually set up an exchange, with minimal accounts a trader needs to enter the market. This means that capital loss can happen easily. While a stockbroker may allow you to open an account with $250, trading micro lots, most binary brokers will not allow $50 trading. So even with $250 in your account, just five trades not going your way could see you in the red.

How does Binary Options trading work?

Binary options trading for beginners is simple. Just follow the steps outlined below.

Step 1 – Find a Broker

This is one of the most important decisions you will ever make. You need a broker that meets all your requirements and who will enhance your trading performance. But with so many options out there, how do you know what to look for?

Price

If you trade binaries high frequency every day, fees and commission costs add up quickly. You want to maximize your profits, so look for brokers with competitive and transparent fee structures, and remember, different asset classes pay different amounts.

Deposit

One point worth investigating is the rules around minimum deposit.While some brokers will offer binary options trading with no minimum deposit, many people would expect a deposit close to $50 and around $100.A broker that offers low minimum deposit is ideal if you are cash-strapped Binary trading with JC and GCI are options good choice if you are looking for low deposit.

Specific property

Some brokers will specialize in certain assets. If you place crude oil, it might be worth finding a broker geared towards those binaries. You can benefit from relevant news feeds and the wisest options choices available. Trading binary stocks with 212, for example, is ideal for those interested in stocks.

Regulation

With the scams out there, it’s important that you check your broker is properly regulated by the relevant financial authority, e.g. FCA, CySec, CFTC. Trading with 247 Binary Options, IQ options and Binary.com are all safe bets.

Platform

The binary options platform is your gateway to the market and where you will spend many hours each day. There are many online trading platforms now, so make sure it is easy to use and offers all the charts, templates and tools you need to make smart and accurate trading decisions. For example, would you trade binary options with more obscure candlesticks or charts?

Both Keystone and Nadex offer powerful binary options trading platforms, as well as MT4. Before buying, conduct a thorough trading platform comparison and test it out. check reviews.

reliability

Any problem can cost you time and as a day trader timing can cost you serious cash. So check out brokers that offer reliable support. Some brokers will offer 24/7 customer support via calls, live chat, and in several languages. Binary options trading with Etrade and 24 Options are smart moves if you want top quality support.

Transactional application

More and more people are using mobile devices and tablets to enhance their trading experience. However, the software for trading binary options is very different. So it’s worth checking if your broker offers cross-platform capabilities. Also, check out the charting tools you need that will work on your iOS or Android device. Trading binary options with IQ Option, for example, offers great trading apps.

Also

Many brokers will sweeten the deal with some useful add-ons. Some may offer trading plans, courses and lessons for free. So find out first if they offer free online coursesto enhance your trading performance. Some brokers will also offer free binary options trading trials so you can try before you buy.

You can also benefit from trading bonuses, tips, best strategies and trading signals reviews, plus free practice demo accounts. Not to mention some brokers that allow binary options trading using Paypal. However, don’t ignore the no binary options trading bonus, which can be a sign of potential scams.

Demo account

For newbies, it’s a good idea to get a demo account first. Funded with simulation money, you can try out a variety of assets and options. It’s the perfect place to make mistakes and learn before you put your real capital in line. Also, you will find most free binary options demo accounts require no deposit, so you can start practicing while you save that initial capital.

There is no best broker, it really depends on your individual needs. Some brokers offer minimum trades of just a few pounds, while others ask for hundreds or even thousands. Solution – do your homework first.

Step 2 – Choose an instrument/market

You can trade binary on almost anything including stocks, forex, indices and commodities. You can bet on anything from the price of natural gas, to the price of Google’s stock. Choose an asset that you have a good understanding of, which offers promising returns.

Step 3 – Decide on Expiration Time

As a short term trader, you would probably be more interested in 30 seconds, 1 minute and intraday expiry times. You need to balance binary options trading volume with price movements. While more trades you make means greater profit potential, it is better to make fewer precise trades. Also, find a time that compliments your trading style.

Step 4 – Decide on the size

In the binary options game, size doesn’t matter. The bigger your investment, the bigger the profit. On the other hand, remember your entire investment is on the line. You need an efficient money management system that allows you to execute enough trades while protecting you from blowing all your capital.

post step 5 – Select option

You will have any number of options outlined above to choose from. Think carefully about your confidence in your determination. Consider the factors that will jeopardize your investment and choose an option that gives you the best chance of success. Don’t automatically choose ladder trades because you want big profits, consider which option is a relatively safe bet.

Once you’ve made that decision, test and confirm your transaction. Then you can sit back and wait for the payment of the transaction.

Strategy

Binary trading strategy will be different from trade to trade. What could work for a laddered option in forex, could prove useless in a range option on gold. Having said that, there are two reasons you must have a strategy.

First, a strategy to prevent emotions from interfering with trading decisions. Fear, greed, and ambition can all lead to mistakes. A strategy that lets you focus on math and data.

Second, a strategy that allows you to repeat profitable trade decisions. Once you have figured out how and why that binary option works, you can copy it to make consistent profits.

Build a strategy

There are two important factors to your binary options trading strategy, signal generation and deciding how much to trade. The second is basically money management. How do you go about defining the two steps then?

Step 1 – Signal Generation

Signals will tell you which direction the price will go, allowing you to make predictions ahead of time. The two main ways to generate signals are using technical analysis and news.

Charts, templates, and metrics

If you can identify patterns in your chart, you can predict future price movements. They are based on the idea that “history repeats itself”. You can start trading binary options using Heiken-ashi, other candlesticks and line charts. Armed with charts and patterns, successful traders build a strategy around their findings.

You can then build indicators into your strategy that tell you when to exercise and which binary options you should choose. These technical tools can prove invaluable, so make sure your broker offers the features available to conduct thorough market analysis.

One of the great things about binary trading is that you can use any number of common indicators, patterns, and tools to help predict future binary options movements. future. So you can start trading with / using:

• Support and Resistance
• Price Action
• Random Oscillation
• MACD Index
• Trend
• Babypips
• Mirror
• Options near expiration

News

You can trade binary options without technical indicators and rely on news.The benefit of news is that it is relatively simple to understand and use. You will need to look for company announcements, such as financial statement releases.Also, look for more global news that could impact the entire market, such as a move out of the natural Small notices can send prices skyrocketing or plummeting.

If you can know that you can trade your binary options before the rest of the market catches up. To do that, you’ll need to tune into a variety of news sources. You can browse online and turn on the TV or radio in the background. Some of the most useful news sources for trading information are:

• yahoo finance
• CNBC
• Business Insider
• Bloomberg
• Financial Times

Step 2 – How much should you trade

If you’re just starting out, it’s best to keep things simple. Trade the same amount on each trade until you see your feet as reasonable. Here are 3 binary options trading strategies for both beginners and experienced traders.

Martingale Strategy

Binary options uses a martingale trading strategy that aims to recover losses as quickly as possible. To do this, you trade larger amounts in post-loss trades. So you would place the amount you trade each time, let’s say $250. However, if you lose that $250, you will bet $500 on the next trade. If the trade wins, you’ll be back to black, instead of being stuck around the breakeven point.

The problem with this strategy is that if you continue to lose, you can lose a serious amount of capital in a short period of time. So only use this strategy if you have a relatively accurate means of making trade decisions. If you’re still in the trial and error phase, consider a different approach.

Percentage Strategy

A percentage based system popular among both binary options traders and other traders. The idea is that you specify a percentage you are willing to risk. Between 1-2% is common. So if you already have $10,000 in your account and your risk value is 2%, you can trade $200 on one trade.

If you have a greater risk tolerance and consistent results, you may want to increase that risk ratio to 5%. The benefit of this system is that you should never lose more than you can afford. This makes it an ideal approach to take if you are new to trading on binary options.

Walking strategy

This example is best used during periods of high volatility and just before the break of important news announcements. This technique can be used by traders of all experience levels. It gives you the ability to avoid the call and set the option selection, and instead allows to put both in a specified tool.

You aim to use when the value of the instrument goes up, but you think it will drop soon. Once the lineage has started, put a call option on it, predicting it will bounce back quickly. You can also do it in the opposite direction. Simply place a call on a low asset price and put in a rising asset value.

This greatly increases the chances of at least one of the trading options producing a profitable outcome. If you are in a volatile market, this simple system you can see high profits. This works well as a 60 second trading binary options strategy and will also include an expiry time of up to one day.

Trading Bots & Algorithm

Once you’ve honed a strategy that keeps you consistently profitable, you may want to consider using an automated system to apply it. These robots often rely on signals and algorithms that can be programmed in advance.

The bots then do all the footwork, optionally trading on your behalf. The upside is that they can execute more trades than you can do manually, increasing your potential profit margin. They can also trade on different assets and markets.

It’s worth investigating what your brokers offer when it comes to automated trading and checking robot reviews. Many allow you to build a program easily. You can use your own entry points based on bollinger bands, RSI/MFI patterns and moving averages.

However, even if you have your system started, you cannot trade binary options on autopilot, you need to be on the lookout. If anything goes wrong, you need to be there to fix it. Technical glitches and unpredictable market changes can both cause problems, so be on the lookout.

Time

Many binary options strategies pdf are not enough to consider time variables. Some strategies will perform better with specific timing options. You may want to look specifically for the 5 minute binary options strategy. Alternatively, 15 minute binary options trading may be more suitable for your needs. So whichever strategy above you choose, make sure you take your time into account.

Summary strategy

Binary options trading with success is based on finding a strategy that suits your trading style. So consider the instrument you will be trading. Then use an effective money management system and use charts and patterns to generate said indicators. Also, use news alerts to your advantage.

If you are trying a new hedge, gap, hedging or any other binary strategy for the first time, why not try it on a practice trading account first? This will allow you to resolve any issues before you invest your money.

Advice

Education

Trading binary options 101; Immerse yourself in educational resources. As Benjamin Franklin put it, ‘an investment in knowledge pays the best’. Top traders never stop learning. Markets change and you need to change with them.

To do that, use some of the resources detailed below.

• Books & Ebooks – There are many books and ebooks out there that can convey invaluable information about day trading binary options. You can benefit from the binary options trading knowledge of experts with decades of experience. The good thing about a book is that it allows you to learn at a pace that works for you. One book that makes binary options trading easy is ‘Trading Binary For Dummies’, by Joe Duarte.
• Video tutorials & workshops – Engaging and easy to follow. There are many online video tutorials out there that can guide you through the trade. With the seminars you will also be able to answer basic questions and explanations about binary options trading, plus some brokers offer weekly seminars to keep you up to date on market development.
• PDF and tutorial – They will give you a clear breakdown of the steps that you can follow and apply. The best part is that you can find many online that are completely free and easy to download, whether you’re on Android, Windows, or iOS. Binary options trading ‘Abe Cofnas’ pdf is particularly popular.
• Forums & chat room – This is the perfect place to brainstorm ideas with binary options. You can benefit from recommendations and learn in real time while investing in your binary options. You can also swap live chart screens to get a feel for other binary options and strategies.
• Newsletter & blogs – These are great for keeping up to date with upcoming developments that may affect your market. Plus, you might hear about binary options contests (yes, they do exist).
• Copy Trading – This is when social trading networks/platforms are combined with binary trading instruments. You can follow experienced traders, analyze their strategies and then replicate their trades. Check copy trading reviews before you sign up.

All of the above will play an important part in your binary options trading training. Free trading videos and examples will help give you an edge over the rest of the market, so take advantage of them as much as possible..

Trade magazine

Currently there is no binary options university. So, explanations as to why that option doesn’t work can be difficult to come up with. Keeping a journal with all your binary options trading results can solve that problem. A detailed record of each trade, date and price will help you hone your strategy and increase future profits.

Whether you keep it as an excel document or you use specially designed software, it can save you from future dangers. As an added bonus, it can make filling out tax returns at the end of the year significantly easier. A journal is one of the best kept secrets in binary options, so now you know, use a secret.

Psychology

Successful binary options trading is not just about having the right strategy. If you cannot control your emotions, you will make costly mistakes. As Robert Arnott said, ‘what is comfortable is seldom profitable’. When pressure hits, fear and greed can distract you from the numbers.

You need to accept that losses are part of trading and stick to your strategy. If it is based on precise math and careful technical analysis then you have to keep your faith. As soon as you start acting inconsistently, your profits will suffer.

Area difference

Regulations

As the popularity of binary options grows worldwide, regulators are rushing to instill order. That means where you trade and the markets you enter may be governed by different rules and limitations.

English

For example, if you trade binary options in the UK, you will require a license from the UK gambling commission. If you choose a broker that is regulated by the Financial Conduct Authority (FCA), you are guaranteed an additional level of protection. Beware some brokers registered with FCA, but this is not the same as regulation.

Brexit brought with it complications for trading regulations. The MiFID II instructions that have been set to be enforced across Europe enforce the rules around binaries, however, the UK is currently unable to implement the instructions. This means that the UK is no longer under pressure from Europe to reclassify binaries as financial instruments.

US

Binary options trading for US citizens is limited by the choice of only two brokers. Nadex and CBOE are the only two licensed options. Fortunately, both are great companies that offer competitive prices and a wide range of different assets for binary trading.

The rest of the world

In Australia, the Australian Securities and Investments Commission (ASIC) runs the program.If you are interested in brokers based in Cyprus and Israel, then check it out. see if they are regulated by CySec.In Dubai and the rest of the UAE, binary options are regulated by the Dubai International Financial Center (DIFC).

You can also start your day trading binary options in Canada, India, Pakistan, South Africa, Malaysia, Kenya, New Zealand, Nigeria, Vietnam, Indonesia and Philippines. Each has its own governing body and different requirements.

So if you want protection, make sure you do your research before signing up for a binary broker on the other side of the world.

Tax

Another important regional distinction comes in the form of taxes. Some countries consider binary options a form of gambling, such as the UK. This comes with notable benefits. HMRC will not charge any tax on profits made through binary options. However, binary futures may fall under the umbrella of financial derivatives and incur tax liabilities.

Having said that, if day trading is your only form of income and you consider yourself a full-time trader, then you may be subject to income tax. While you may still be exempt, it’s worth seeking clarification.

Outside the UK, tax regulations vary widely. Binary options in Japan and Germany come with very different tax obligations, for example. So before you start trading, seek advice to determine if you are tax exempt. If not, will you have to pay income tax, capital gains tax, business tax and/or any other form of tax?

Can Binary Options Trading Make You Rich?

While exciting and dynamic, to do a live trading binary options you will need to use this site and other sources as a guide. Can binary options trading make you rich? Done correctly, yes it is possible. There is no question about binary options profit potential, this is proven by many millionaires. To get there, you will need the right broker, an effective strategy, and you will need to invest in your trading education, using the resources outlined above.

Frequently asked questions