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Binary Options Course (B0100)

Hello,

Sam Morton’s profession as a successful day trader has enabled him to formulate an outstanding course in binary options.

The BO100 (binary options course) video series are lessons designed for new traders looking to learn the basic fundamentals of trading binary options.

All you require for this course is a genuine interest in learning binary options. Each lesson is roughly 10 minutes long which build upon the previous lesson. So we advise you to start from the beginning and make your way through to the advanced course.

Remember that our course is free and we will never ask for any money (unlike many other expensive courses).

Are there any requirements?

What is in the course?

  • 14 Lessons with 2 hours of video content
  • Learn about binary options
  • Learn the best broker to use
  • Learn the best stock charting software
  • Learn your first trading strategy

Who should join this course?

  • Beginner Forex Traders
  • Professional Forex Traders
  • Day Traders
  • Shares & Stock Traders
Lesson BO101: Introduction to Binary Options

To start our Binary Options 100 Course Sam Morton gives a detailed introduction to binary options. The video answers many questions new binary option traders have, including, what are binary options? How are binary options traded? What is the role of a binary options broker/provider? When can you trade binary options? Who can trade binary options?

BO101 Lesson – Introduction to Binary Options Transcript

Welcome to binary options 100 training course. This is binary options 101; an introduction to binary options. My name is Sam in this course is brought to you by binary options dotnet dot au.

What are binary options?

Binary options are type of option in which the payoff is a fixed amount of cash or nothing at all.

So unlike other financial derivatives or securities where payoff is determined by the difference of opening and closing price.

When we profit from a binary option, a profit is a pre-agreed amount between individual and the broker or it’s a loss.

Sometimes binary options are referred to as all-or-nothing options or digital options.

How are binary options traded? Binary options are traded through an online binary options broker and in the next video I’ll give some details of popular binary option brokers available online.

Binary options brokers offer a variety of binary options such as Forex or the foreign exchange markets. These are binary options of underlying assets which are currencies such as the pound against the dollar, the Australian dollar against the US dollar and % US dollar against the Japanese Yen.

You can also trade binary options in stock or shares such as BMW, Barclays, Accenture.

Indices which are stock indexes or baskets of stocks like the Dow Jones all the DAX and also commodities which are precious metals and salts such as Gold, Oil, Wheat.

If you notice I’ve made the Forex or currencies the detailed in bold; the reason for this there’s a lot more hype with forex binary options than these other binary options offered by brokers and these generally are the most popular binary options be traded.

So what does the word binary mean? on the definition of binary is related to composed of or involving two things these two things being call options and put options if we believe a binary option or the underline assets is going to appreciate or increase in price we would place call option and if we believe that particular binary option or underline asset was going to decrease or depreciate in price we would take a put option.

Now binary options are offered against the fixed expiry time such as sixty seconds plus meaning if you thought the Australian dollar against the US dollar was going to increase in price in the next 60 seconds we would place a call option an after 60 seconds if price is higher than the start of the 60 seconds we would profit a pre-agreed amount with our broker.

Well if we though gold was going to depreciate in price and the next 15 minutes we would place a put option and after 15 minutes has expired if gold has declined in price from the start of that 15 minutes to the end once again me with profit a pre-agreed amount to our broker.

So when to trade binary options? because so many binary options are offered by such a wide range global markets different binary options can be traded at different times in the day as different financial markets have different trading hours.

Forex market hours:

  • Sydney: 8:00am to 4:00pm AEST
  • Tokyo: 10:00am to 6:00pm AEST
  • London: 7:00pm to 3:00am AEST
  • New York: 12:00am to 8:00am AEST

High volume periods:

  • Sydney and Tokyo: between 10:00am and 5:00pm AEST
  • London and Tokyo: between 7:00pm and 8:00pm AEST
  • New York and London: between 12:00am and 4:00am AEST

Popular Forex pairs and times:

  • GBP/USD: between 0:00pm AEST and 3:00am AEST
  • EUR/USD: between 0:00pm AEST and 3:00am AEST
  • AUD/JPY: between 11:00am AEST and 6:00pm AEST

The Forex markets or currency markets are open 24/5. They open Sunday afternoon US time and close Friday afternoon US time. Whereas stocks on the New York Stock Exchange clearly be traded 9:30 24 Monday to Friday local time and another example would be the Tokyo Stock Exchange traded 9 to 3 local time.

So who can can trade binary options well the answer is pretty much anyone you do have to be 18 or over and there are a few things that you need in order to trade binary options such as computer with an Internet connection available time to commit to learning and trading binary options.

And cash.

A couple things there you don’t need but you may think you need to trade binary options are on all those cash or a lot for start-up capital an expensive computer system. So why trade binary options? First of all, low start-up costs as mentioned in the previous slide we need a basic computer with an internet connection which most people were already have who are taking this course. We need a relatively small amount as an initial deposit somewhere around two hundred dollars and there is a lot of online training material available for binary options which is offered for free or for a very small fee. Another reason to trade binary options is their simplicity; Binary options can be as easy as clicking call or put. Most brokers offer binary option trading platforms that are very user-friendly and very easy to understand.

This is the first love many videos by binary options dotnet au please check out our web site, continue with this course and thank you for viewing this video.

BO102 Lesson – Recommended Brokers
Added: Jan 20th, 2014

In this video we give you an insight into our recommended brokers. We give broker details, such as, demo accounts, initial deposits, tradable options, expiry times, and we give you a tour of each brokers trading platform.

BO103 Lesson – Recommended Charting Programs
Added: Jan 30th, 2014

Sam gives an overview for each of our recommended charting platforms. The overview includes pricing and more detail.

BO104 Lesson – Break Even Ratio
Added: Jan 30th, 2014

This video teaches what break even ratio is, how to calculate break even ratio, and why knowing your break even ratio is so important. This video includes several examples of break even ratios.

BO105 Lesson – Chart Time Frames
Added: Jan 30th, 2014

There are many timeframes offered by charting platforms it can be overwhelming. Sam covers the basics of chart timeframes, recommends specific timeframes to analyse, and gives a list of chart timeframe tips.

BO106 Lesson – Pinbar Candlesticks
Added: Jan 30th, 2014

Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam teaches the Pinbar candlestick – a powerful single candle set-up and can be used as a trading signal.

BO107 Lesson – Doji Candlesticks
Added: Jan 30th, 2014

Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam teaches the Doji candlestick – similar to a pinbar candlestick, a doji candlestick, is a powerful single candle set-up and can be used as a trading signal.

BO108 Lesson – Engulfing Candles
Added: Jan 30th, 2014

Being able to read Japanese candlesticks is a skill that all binary option traders need to learn. In this video Sam teaches the Engulfing Candlestick – unlike pinbars and doji candlesticks, an engulfing candle is a double candle set-up. An Engulfing Candlestick can be used as a trading signal.

BO109 Lesson – Price Spreads
Added: Jan 30th, 2014

Sometimes there can be a difference in our binary options quoted price and our charting software. For some traders this may be a concern and lead to doubting the transparency of their binary options provider. Sam teaches why there is no need to be concerned and gives details to why this can sometimes happen.

BO110 Lesson – Money Management
Added: Feb 12th, 2014

Many traders fail due to the lack of money management. In this video Sam Morton teaches some basic, but strong, money management rules. Sam also teaches the importance of money management.

BO111 Lesson – Forex Pairs
Added: Feb 12th, 2014

There are many currency pairs offered by binary option brokers. This video teaches about currency pairs and gives personal insight into which currency pairs should be traded.

BO112 Lesson – Trading The News
Added: Feb 12th, 2014

News events have a large influence on financial markets. In this video Sam demonstrates how price behaves before and during schedule news events.

BO113 Lesson – Trading Hours
Added: Feb 12th, 2014

As mentioned in previous videos, binary option brokers offer a variety of binary options, including, currencies, shares, commodities, and indices. Each of there binary options can have different trading hours. Sam gives an insight to the trading hours of each of these different binary options.

BO114 Lesson – Your First Trading Strategy
Added: Feb 21st, 2014

Sam teaches what a basic trading strategy should include. A basic trading strategy is given as an example.

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