How to Make Money Online In China As A Foreigner !



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What Are Binary Options?

Most people who see a binary option ad rarely consider what “options” mean and why they are binary.

Binary options emerged in 2008. In contrast to plain vanilla options, they actually have a rather simple structure.

How Do Binary Options Work?

Simply put, when you buy a binary option, you get two choices: all or nothing.

The option is either money, meaning some time afterwards its price is either higher or lower than the initial one, or not, meaning the option amount is void.
Thus, you earn money by clicking just two buttons. However, it is not as simple as it seems. If you want to understand binary option principles, you must take them seriously.

How Does It Really Work?

Do not be baffled by the Wikipedia definition: a contract between the buyer and seller for the underlying asset purchase or sale for a preset price in future. This is just a definition of the exchange binary options. Internet binary options are in no way connected to the exchange.

In fact, it is a stake. Say you believe Google stocks will go up, or in half an hour the USD/EUR exchange rate will be higher or lower than now. If you are right, in a short span of time you get up to 70% profit! Not a bad deal!
There are prices (assets) tied to the binary options. Assets are Forex currency pairs, stock exchange shares, share indices, etc. The binary options allow earning on price forecasts for these assets.

How do you foresee whether the share or currency goes up or down? That is what millions of people at the exchanges are trying to do. Is every single one of them prosperous? Sadly, that is not the case. However, everyone has a chance to find his or her name on the successful traders list. One of the beauties of trading is total disregard of age, sex or social status.

Now both exchange and off-exchange binary options are undergoing a new round of development. Some of the new tools emerging include: 0-100, one touch, boundary, turbo, etc.

How to Earn Money on Binary Options?

Reading the news on price fluctuations of, say, the Swiss Franc to the Canadian Dollar, a regular trader opens an account in a binary office and follows the chart:

For the sake of earning, the trader forecasts the fall. They find a broker with an asset of CAD/CHF (the Canadian Dollar to the Swiss Franc exchange rate) at a price of, say, 0.767285.

The trader analyzes the chart dynamics, places a stake at chart peak and forecasts the asset price to be less than 0.767285.

Later the price falls to 0.767140, thus gaining the trader 87% of their stake amount! A hot deal! Even if the price changed only one point and instead of initial value of 0.767285 would be 0.767284, the option would have still ensured 87% profit to the trader.

Who Needs Binary Options and Why?

Binary options are a speculative tool. Of course most everything that people do at the exchange and binary companies are mere speculations and quote games.

Binary options are traded both at official exchanges (СВОЕ, Nadex, Cantor, CME, etc.) and with hundreds of brokers that do not place transactions to the exchanges, but rather allow earnings on quote stakes. This is what you are going to work with.

Why Binary Options Are Suspiciously “Simple”?

At first glance, binary option principles seem to be rather simple. You may think, “Is it really that hard to predict what the exchange rate is going to do in half an hour/an hour?”

Such doubts felt by the brokers themselves are very common for beginners. An experienced trader knows that the market is a living being and its prices are difficult to predict. However, you can learn how to better predict trends, and we are here to help.

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