To tell in short Binary Options is a all-or-nothing options, digital options, or Fixed Return Options (FROs), each name stressing the 0-1 nature of the options. This is because there are two possible outcomes to a binary option, both of which are understood by the investor prior to purchasing the option.
Binary options trading is a very exciting potentially high risk high reward form of trading options. One of the draws to binary option trading is that in the time that it takes most contract options to expire usually one hour, you can make a substantial return on your investment. Exciting for some but may be too risky for others given the different types of personalities of investors. Nevertheless whether you are a conservative or a risk taker binary option trading can be exciting and lucrative.
Trading binary options is a simple thing due to its binary characteristic. But making money consistently using this new kind of financial trading is another thing. That's if you don't want to trade like gamblers. Do you trade binary options? Do you have some kind of strategy or system that guarantee winning?