(Newswire.net — August 8, 2013) Chicago, IL– Binary options popularity is taking off and is becoming one of the most popular forms of online financial trading. Binary options are not a security and are therefore not regulated. Binary options give a fixed return on your trade.
Binary options are becoming very popular as it is very simple to get into and very simple to understand. Binary options are talked about as investing but gambling may be more appropriate. It pays on the trade if it is “in the money”, “out of the money” or “tie”. These are referred to as digital options.
Gambling has been around as long as there’s been history. New and creative ways come about all the hopes and dreams of hitting it big or simply as a distraction of way of having fun. Just as in Las Vegas the odds are with the house but some of the most popular forms of entertainment are gambling no matter the odds. Casinos are full all over the world.
Binary options put a new twist in it. The bet is on a financial product’s price change in a very limited time period. The return when you win is known. The loss is known if you lose. Everything happens within 5 to 30 minutes. The bet is on the change of the financial product in that short period of time.
It is done online and the sites have instructions and information on how it works. In binary options trading traders buy options on individual assets such as the ones which are traded through financial markets such as commodities (gold, oil, platinum), stock indices (NASDAQ, Dow Jones) stocks (Nike, Microsoft, Coca Cola), currency pairs (dollar-yen, euro-dollar) and other financial instruments. Traders buy an option on individual assets to try and benefit from price changes within a fixed time on these assets.
Just as in any sort of gambling, there is the possibility of winning big even against the odds. There is also the fun that people get from gambling. Winning is not the only thing. For many trading is fun and exciting.
With binary options there are real financial products and options on how those products may change in 5 to 30 minutes. It is pretty much impossible to know what will happen and that can be exciting. Just as not knowing does not deter people from going to casinos and having a great time not knowing does not deter people from playing binary options and having a great time.
Gambling seems to be basic to human nature. For people that like to gamble then binary options is as good a way as any. The growing popularity of binary options is testimony that there is something in this that is very attractive to many.
John K Arnold
Chicago, IL
www.promoteliveonline.us
YouTube Channel
Email: QR2015@gmail.com
Ph: 312-802-1208