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Binary Options For Dummies: A Binary Option is an option whose payoff is either a fixed amount or zero. For example, there could be a binary option that pays $200 if a hurricane hits Miami before a specified date and zero otherwise. Also called a digital option. Binary options differ from more conventional options in significant ways.
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Investors like binary options trading because of the upfront transparency of the investment. When investing in binary options trading , the investor receives detailed information about eventual profits or losses, which means he or she knows exactly how much money will be gained or lost before actually entering into a binary option investment.
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Binary options trading has become a very interesting market. There are trends and charts that the newcomer is unaccustomed with, and therefore suffers from losses. However at the same time, there are the long term binary traders who hold all the secrets of the fluctuating market and have devised a …
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