In order to work from home with binary options, you first need to start with the basics of options trading. Forex option trading, stock option trading and commodity options trading are some of the different investment options on offer in regards to online options trading. Understanding these terms can be done through options trading education, which is offered by OptionRabbi 😉
- FOREX OPTION TRADING example- EUR/USD, AUD/USD, USD/JPY , GBP/EUR
Online currency trading is very lucrative and can be very profitable as the forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world.
- STOCK OPTION TRADING example- APPLE, GOOGLE, MICROSOFT, AMAZON
Trading on the stock market has been made accessible to those without a lot of capital through binary options, it allows traders to trade effectively on the Market without fronting thousands of dollars. With binary options you can start with a minimum investment of just $100 with certain brokers. Trading options on the stock market is one of the safest ways to trade stocks as you cannot loose more than you put in.
- COMMODITY OPTIONS TRADING example- OIL, SUGAR, GOLD, SILVER
Trading commodities using options is a great way to capitalise from global events such as the situation in the middle east in regards to the price of OIL fluctuating due to instability, and the price of sugar can be affected buy religious events such as the Ramadan which sees observers fasting for a month.
having said that….
Options are often seen as fast-moving, fast-money trades. Certainly options can be aggressive plays; they’re volatile, levered and speculative. Options and other derivative securities have made fortunes and ruined them. Options are sharp tools, and you need to know how to use them without abusing them in order to profit.