5 Popular Investing Strategies Using Binary Options

Binary options offer a yes-or-no wager on a specific outcome of an event, typically over a short period such as a day. Binary options present a lot of risk in a fast-paced market that could quickly change, and traders have a few strategies if they’re wagering on binary options.

Here are some popular investing strategies for binary options and what to watch out for.

What are binary options and how do they work?

Binary options give traders two choices — a yes-or-no proposition — on a specific outcome of an event. The outcome either happens or it doesn’t, and the trader either wins or loses. A binary option occurs over a defined period of time, after which the outcome of the wager is determined and…

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