What will you trade in 2012? |
Blog created by binary options trader for the purpose of helping those trading binary options have a slightly stronger grasp on the market and on what is needed to succeed in the binary options trading world.
Sunday, December 25, 2011
Picking 10 Awesome Assets to invest in with binary options in 2012
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Sunday, December 11, 2011
I bought the Sheriff ... but I did not buy the Deputy
While ambling through the wilds of Jamaica on a warm December afternoon, I realized I would be late for my next flight back home to Oceania.
So, rather than worry about the lack of time in my schedule, I sat down, took in the amazing sights around me, and started jotting down some great gift ideas I came up with to get my favorite friends in the binary trading business.
To be honest, I ran out of amazing ideas after my fourth idea. I knew I had a lot more presents to get, particularly because I've had such an amazing year trading binary options. So, I searched the Internet for some great gifts for binary options traders ... and look what I found. A Top Ten list of gifts for binary options traders ... from the people behind binary-optionstrading.net and the little elves that help them pick out holiday presents.
Whatever you end up getting for the people you are going to shower with gifts, I sincerely hope you have a lovely holiday season, and that all your binary options trading is good and profitable.
Ho Ho Ho! Holiday Shopping Season is here |
To be honest, I ran out of amazing ideas after my fourth idea. I knew I had a lot more presents to get, particularly because I've had such an amazing year trading binary options. So, I searched the Internet for some great gifts for binary options traders ... and look what I found. A Top Ten list of gifts for binary options traders ... from the people behind binary-optionstrading.net and the little elves that help them pick out holiday presents.
Whatever you end up getting for the people you are going to shower with gifts, I sincerely hope you have a lovely holiday season, and that all your binary options trading is good and profitable.
Sunday, December 4, 2011
Accurate Asset Analysis for Binary Options Trading
There's nothing like the Original binary options |
Tuesday, November 29, 2011
Bring home the bacon with binary options affiliate programs
Affiliate Programs Can Dizzy You Up |
Sunday, November 27, 2011
I Trade Binary Options Commodities
Oil Commodity |
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Wednesday, November 23, 2011
Affiliation Programme for traders of binary options
dizzy 4 dollars |
Wednesday, November 16, 2011
I, Tip
Zebra Hug of Binary Trading Proportion |
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Tuesday, November 8, 2011
3 More portraits by a binary options trader
Franz Kafka |
Andy Rooney |
Notorious BIG |
Tuesday, November 1, 2011
I, Artist - Binary Abstract
Abstract Of Binary Trading Art |
When trading binary options, there are large swings and movements in the market at the most unexpected times. Rallies and rush-exits are something that the market simply experiences over time and can't really be avoided or fabricated. Binary options trading allows for a unique trading dynamic where much of the guess work is eliminated from the equasion, reducing it to a simple binary decision of hi/low, yes/no. right/left, under/over and those types scenarios.
The problem many novice traders experience at the onset of their trading career is that they OVER focus on the logic and reason of a stocks behavior, instead of just having a live and let live attitude about it. A good trick for jump starting that ability is to draw artwork or some other form of hobby while you are trading binary options. It allows you to maintain a level of focus and still be able to ratify your time by earning a few bucks, even if you don't sell the artwork, or till you are good enough of an artist to make a living off your artwork and binary options trading is just a cash cow you keep in the background.
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Wednesday, October 5, 2011
Midnight Binary Options Trader.
'Maybe' is not in the binary trading vocabulary. |
Monday, September 26, 2011
Working for tips. Binary Options Trader tips from experience
Must be well balanced binary options trader, Danialsaan |
Binary options trading is about pattern recognition and being able to anticipate the future based on past-data. Once your state of mind is in the place it needs to be, these patterns will appear much more clear and solidified in a way that you will confidently and accurately predict market movements, and hence the choice needed to be made on each binary option. Of course no system is perfect and you will still make losses because of outliers in the data matrix, but overall the goal is to be correct more often than wrong and yield a profit over time, not just in one trade.
Trade today, free tomorrow.
Maze of not so parallel lines - Binary Trading Art |
So for all those out there looking to get out of their daily rut, try trading in binary options with small amount until you get the hang of it and are able to comfortably trade with larger and larger amounts. Good luck!
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Tuesday, September 6, 2011
I, Web-Artist - Art created digitally while trading binary options | Summer 2011
Drawings made while trading binary options:
Part of trading binary options is having the patience to let the closing time expire without freaking out and selling it at a loss because you are running on fuzzy and emotional math rather than logic. By distracting and drawing something in those few minutes, you can calm your nerves and maybe skim a bit more profit from your overall time. And having artwork is minor perk of the entire approach.
I call this one "Eggredible" as it is a psychedelic simple color drawing with the impression of an egg in the middle. And you guessed it, I made this while trading binary options, specifically forex indices.
This web-art I call "let it rain" as it has the ripples through a puddle that reminds me of how the ground is as it starts to rain. Created while trading binary options of gold and oil. The oil part I get, as this web-art mimics liquid, but what is up with the gold?
I had no idea how this web art would come out as I was drawing this and trading FTSE and GOOGLE stock as a binary option. I call this one "Take me to your leader" as it looks like 3 beings of super-natural origin presenting them selves to the viewer in an alien looking way. Either that or it looks like Alien eggs ready to spawn the new race of floating circles.
This is a piece of web-art I call "Almost Not Touch" as I was trading binary options of the touch/not-touch kind and had the concept in my mind as I made circles and then defined them as an area to apply the gradient and then chose the opposite of that area for a gradient with the opposite direction
I wish I had a good story or example to give you about how I made this one, but I actually made this after quitting my binary options trading for the day and was just taking a breather and closing up for the day.
Part of trading binary options is having the patience to let the closing time expire without freaking out and selling it at a loss because you are running on fuzzy and emotional math rather than logic. By distracting and drawing something in those few minutes, you can calm your nerves and maybe skim a bit more profit from your overall time. And having artwork is minor perk of the entire approach.
Egg Credible Optical Illusion |
Let It Rain! |
This web-art I call "let it rain" as it has the ripples through a puddle that reminds me of how the ground is as it starts to rain. Created while trading binary options of gold and oil. The oil part I get, as this web-art mimics liquid, but what is up with the gold?
Take Us To Your LEADER |
I had no idea how this web art would come out as I was drawing this and trading FTSE and GOOGLE stock as a binary option. I call this one "Take me to your leader" as it looks like 3 beings of super-natural origin presenting them selves to the viewer in an alien looking way. Either that or it looks like Alien eggs ready to spawn the new race of floating circles.
Almost Not Touching |
This is a piece of web-art I call "Almost Not Touch" as I was trading binary options of the touch/not-touch kind and had the concept in my mind as I made circles and then defined them as an area to apply the gradient and then chose the opposite of that area for a gradient with the opposite direction
When Clouds Collide |
I wish I had a good story or example to give you about how I made this one, but I actually made this after quitting my binary options trading for the day and was just taking a breather and closing up for the day.
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Wednesday, August 31, 2011
Binary Options Trading Tip #616: Stop, Drop, and Don't Roll
As a seasoned binary options trader, I often get asked by amateurs what they should do to make more money with their trading, which investments to go for, etc etc. The truth is that the average person has the ability to read graphs with enough accuracy to be able to make smart enough trades to gain a profit, even in a short period of time. The problem is that those without the experience and skills will continue to trade even if they keep loosing. Stopping when you are loosing is far more important than making money, as whatever you make can be lost in an hour or two of bad decisions.
The market is not something that can be controlled or willed to doing what you want or performing to your hearts content. The market will stagger and stumble in whatever direction real-world demand dictates and the binary options trader is stuck guess where it will go next. Rather than trying to decipher a complex situation, stop your trading, log out, and don't trade anymore till tomorrow. Rather than trying to re-coupe your losses, you need to cut-loose and mitigate your losses as much as possible.
You can study up and learn the Black-Scholes valuation formula, or you can trade binary options till you can't no more, but if you see that you are loosing money the STOP, keep that cash at least till tomorrow.
The market is not something that can be controlled or willed to doing what you want or performing to your hearts content. The market will stagger and stumble in whatever direction real-world demand dictates and the binary options trader is stuck guess where it will go next. Rather than trying to decipher a complex situation, stop your trading, log out, and don't trade anymore till tomorrow. Rather than trying to re-coupe your losses, you need to cut-loose and mitigate your losses as much as possible.
You can study up and learn the Black-Scholes valuation formula, or you can trade binary options till you can't no more, but if you see that you are loosing money the STOP, keep that cash at least till tomorrow.
Thursday, August 25, 2011
Binary Options Trading - 'Tis all about the Benjamins
Benjamin Franklin Caricature |
Aside from this, there is also the aspect that traders have less influence on the market, an aspect the hedge-funds and other market leaders have relied on in the past to manipulate the prices in the market. Now with the latest binary options trading platforms, there is very little concern that the market will react to false demand.
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Wednesday, August 24, 2011
1970's style binary options trader - cool graphic
I found this awesome cartoon drawing of a binary options trader going about it very old school with a walkie talkie on an article on binary options trading technology
Not sure how accurate the writer is but he does make some good points
You can download this cartoon of a 1970's style binary options trader at the following links:
Not sure how accurate the writer is but he does make some good points
Binary Trading is WAY easier now than it might have been in the 1970's |
- 1970's style binary options trader on Flickr
- Binary Options Trader with full 70's style hair and mustache on Panoramio
- Binary trader with old-school walkie talkie on Red Bubble
- Guy trading binary options on 70's size walkie talkie on Twitpic
- Photobucket hosted pic of 70's style binary options trader
Tuesday, August 23, 2011
Binary Options Trading - Super Tips
Get you paws on as much as you can |
These tips are called "super-tips" as the regular tips we give are designed for novice traders. These tips are designed for more advanced users who are willing to forego some excitement and risk in exchange for dull, boring, and more consistent profits.
- Trade only in small amounts till you have a much stronger grasp on that specific commodity, stock or indice.
- Utilize "closable" options to hedge the rise so that you can make very quick 20% to 40% gains rather than drawn out 85% gains that carry a risk of 100% loss.
- Be technical analytical and review the graphs for patterns and predictability. Only trade in graphs of options you feel comoftable predicting.
- Better to not trade for a half hour than loose durring that half hour.
- Don't hedge your risk by trading in opposing option. The profit of 85% comes at a risk of 100%, so hedging like that will result in an across-the-board 15% loss.
- Remember: Its important to avoid losses as much as it is to achieve gains.
- Don't let losses or gains effect you overall strategy. Emotion are your enemy in this game.
- With currency related binary trade, compare different currencies to narrow down which ones are actually falling and which ones are only relativity falling
- Avoid trading binary options at the beginning of market open unless specific events in the news provide a window of predictability.
- Learn from your mistakes. Binary Options Trading is an aquired skill. Don't be afraid to make mistakes, but do avoid repeating them.
We hope you've enjoyed these tips. Please feel free to leave comments or questions. These tips are based on Trading Binary Options on OptionsClick.com - not sure about any other sites.
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Monday, August 22, 2011
Top ten reasons that trading online is better than in-person
Click and Trade - Online Binary Options Trading |
Top Ten Reason trading online is better than in-person:
We have all heard and seen the hype about trading online binary options, but we may have forgotten why it is so appealing. This entertaining list reminds us.
Top Ten Reason trading online is better than in-person:
- 3 words: Much Shorter Commute
- In-person trading: pants mandatory. Online trading: pants optional
- Binary trading from home gives you a bit more free time to tan your pasty white thighs.
- You can trade your binary options even while you get called in for jury duty.
- Less focus on commute, more focus on lunch
- Always fun to answer "where do you live? and "where do you work?" questions with an identical reply.
- You can't watch TV at the office.
- Better trading patterns when you sleep late everyday.
- How else are you going to become a binary options trader?
- Because you only do online binary options trading so that you don't have to go to work.
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Sunday, August 21, 2011
Funny Quotes for Investors: Top Ten List
We found this list of top-ten funny investment quotes on the web. Seems that most of the people trying to make money are very NOT FUNNY and sort of stuffy, and those that have lots of money already seem to be pretty funny and jocular (except for Bill Gates, but maybe that is just because the humor part of his brain has some kind of DLL error) - Below is a top ten list of hilarious quotes about money and investment. Enjoy!
Top Ten Funny But True Investment and Money Quotes:
Top Ten Funny But True Investment and Money Quotes:
- Money is like manure. You have to spread it around or it smells. ~ J. Paul Getty
- When I was young I thought that money was the most important thing in life; now that I am old I know that it is. ~Oscar Wilde
- We live by the Golden Rule. Those who have the gold make the rules. ~Buzzie Bavasi
- When it is a question of money, everybody is of the same religion. ~Voltaire
- Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~Sam Ewing
- When I have money, I get rid of it quickly, lest it find a way into my heart. ~John Wesley
- A bank is a place that will lend you money if you can prove that you don't need it. ~Bob Hope
- The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell. ~John Templeton
- Money is better than poverty, if only for financial reasons. ~Woody Allen
- Money will buy you a pretty good dog, but it won't buy the wag of his tail. ~Henry Wheeler Shaw
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Thursday, August 18, 2011
Why is gold going up so fast?
Price of gold can be relative in binary options |
The huge federal deficit and a deteriorating economy have made many investors fearful of the US economy entering a period of stagnation, driving stock prices downward, said Lloyd Thomas, an economics professor at Kansas State University.
In this period of uncertainty, many are selling stocks and corporate bonds and putting their money into gold.
Recently, gold prices skyrocketed to as high as USD 1,800 an ounce and Thomas said the price might continue to creep higher as economic concerns grow.
"But in 2000, the price of gold was USD 300 an ounce. It has gone up six-fold since then and it might go up higher than what it is right now. It's gone up too fast -- it's a bubble," he claimed.
Thomas compared his gold prediction to the housing market.
"People were lulled into thinking housing prices could never fall, but they fell more than 30 per cent in most American cities. The same thing could happen to gold; it's not risk-free," he said.
"In the last 10 years it's gone up 17 per cent a year, but the price of things we purchase has only gone up 3 per cent a year. That's unsustainable. It's my own opinion that gold prices will collapse -- I just don't know when," Thomas said.
Read the full article on The Economic Times
Wednesday, August 17, 2011
Top-Ten Funniest Explanation of What are Binary Options
Hysterical Binary Options Trader |
Binary options trading is the hottest thing since margin-investing and CDI's - except way more legitimate and totally legal. Not everyone is 100% sure what is a binary option or what it means to trade them. Below are the funniest explanation that we have gotten so far. Enjoy.
Top Ten Funniest Explanations of
What are Binary Options:
10) Stocks that perform magic by using confusing math.
9) Commodities that make you money when they loose money
8) Investment instrument that let you pry open the markets value
7) Piggy bank for those that have science degree in math.
6) It is the equivalent of Diet Coke for the investment community, all the fun and no calories.
5) It's that thing them investment-boys are doing these days.
4) I don't know, I can't even figure out how to use Facebook.
3) Is that trading stocks in Morse code?
2) Binary option is when a person trading stocks has to think like a computer.
1)Have no idea what it is, but sure have fun trading them.
Laughing Binary Options Trader |
We'd like to thank this site for the top-ten list of funny explanations for What Are Binary Options
Sunday, August 14, 2011
How To Trade Binary Options:
One investment platform that has become very popular in the online trading community – especially with beginners – is trading binary options. The benefits are so great that beginners and pros alike are trading binary options and learning how to trade this financial instrument.
Learning the ins and outs of binary option trading is relatively simple. Here, we will talk about how to trade binary options and learn about navigating these powerful instruments.
The Basics of Trading: Where and How
Becoming a binary option trader first means knowing where you can trade them and how they work.
The best way to trade in binary options is to go through an online brokerage. An online brokerage writes contracts for various binary options, which are offered on the value of financial assets such as currency pairs, commodities and stocks. These contracts come with a purchase price, an expiry (the time at which the contract expires), and the conditions for profit (usually a strike price or barrier price).
To participate, you simply need to find a broker that deals in the contracts that you prefer – most online brokers deal in multiple types so you can trade both stock binary options and forex binary options with the same options broker, for example.
Once you register and deposit funds, you choose between two general types: above/below options and touch or barrier options. Some binary options brokers also offer range or boundary binary options as well.
Above/below options basically allow you to take a position on whether an asset’s value will be above or below the current value when you buy it, by the expiry. A touch or barrier option requires that an asset price reach or surpass a certain price or value at least once before the contract expires. Range or boundary binary options mandate that the asset’s value be in between two specific values or prices at expiry.
Being “In-The-Money”
How do you know you are in-the-money? The conditions of the contract will give you the targets you need to hit, and these differ by the type of option.
Let’s take XYZ Corporation, which has shares at $10.00. An above/below option says that XYZ will rise by the end of the trading day. If you purchase a call option, you are taking the position that by the end of the trading day, XYZ will be higher than $10.00. If it is at $10.01, you are in-the-money.
With barriers or touch options, the contract may say that XYZ has to be at $12.00 or higher at least once by the end of the trading day. If you buy a call option, and XYZ is at $12.00 or higher at least once before trading closes, then you are in-the-money. If the highest value it reaches is $11.99 before the contract expires, though, you lose.
With range or boundary binary options, the contract may stipulate that the value of XYZ stock has to be in between $11.50 and $12.00 by the close of trading for the day. If XYZ is trading at $11.90, you are in-the-money. If it’s trading at $11.54, you lose your investment.
Payouts
Payouts differ depending on the type of option you choose. Above/below options and range binary options pay out typically 70-85% of the original investment. Barrier options are riskier, so they pay out as much as 300% or more of the original investment.
The payout is your profit. Of course, if you do not meet the requirements, you will lose 80-100% of your original investment.
Conclusion
Learning all about binary options means understanding the key concepts, and knowing where to go to trade them. As with any financial instrument, there is risk involved – but the upside potential, as well as ease of use, makes them attractive options for beginners and pros alike.
Learning the ins and outs of binary option trading is relatively simple. Here, we will talk about how to trade binary options and learn about navigating these powerful instruments.
The Basics of Trading: Where and How
Does the Dalai Lama Trade Binary Options? |
The best way to trade in binary options is to go through an online brokerage. An online brokerage writes contracts for various binary options, which are offered on the value of financial assets such as currency pairs, commodities and stocks. These contracts come with a purchase price, an expiry (the time at which the contract expires), and the conditions for profit (usually a strike price or barrier price).
To participate, you simply need to find a broker that deals in the contracts that you prefer – most online brokers deal in multiple types so you can trade both stock binary options and forex binary options with the same options broker, for example.
Once you register and deposit funds, you choose between two general types: above/below options and touch or barrier options. Some binary options brokers also offer range or boundary binary options as well.
Above/below options basically allow you to take a position on whether an asset’s value will be above or below the current value when you buy it, by the expiry. A touch or barrier option requires that an asset price reach or surpass a certain price or value at least once before the contract expires. Range or boundary binary options mandate that the asset’s value be in between two specific values or prices at expiry.
Being “In-The-Money”
Make sure you come out ahead of the other traders. |
Let’s take XYZ Corporation, which has shares at $10.00. An above/below option says that XYZ will rise by the end of the trading day. If you purchase a call option, you are taking the position that by the end of the trading day, XYZ will be higher than $10.00. If it is at $10.01, you are in-the-money.
With barriers or touch options, the contract may say that XYZ has to be at $12.00 or higher at least once by the end of the trading day. If you buy a call option, and XYZ is at $12.00 or higher at least once before trading closes, then you are in-the-money. If the highest value it reaches is $11.99 before the contract expires, though, you lose.
With range or boundary binary options, the contract may stipulate that the value of XYZ stock has to be in between $11.50 and $12.00 by the close of trading for the day. If XYZ is trading at $11.90, you are in-the-money. If it’s trading at $11.54, you lose your investment.
Payouts
Payouts differ depending on the type of option you choose. Above/below options and range binary options pay out typically 70-85% of the original investment. Barrier options are riskier, so they pay out as much as 300% or more of the original investment.
The payout is your profit. Of course, if you do not meet the requirements, you will lose 80-100% of your original investment.
Conclusion
Learning all about binary options means understanding the key concepts, and knowing where to go to trade them. As with any financial instrument, there is risk involved – but the upside potential, as well as ease of use, makes them attractive options for beginners and pros alike.
Thursday, August 11, 2011
NHS faces growing financial pressure, how it effect GBP
NHS faces growing financial pressure, how it effect GBP
by 99binaryoptions on August 11, 2011
The NHS has an uncertain future. What does that have an effect on the Great British Pound (GBP) and other currency markets. Keep thesedetails in mind when trading currency or placing positions on when trading binary options online. The main thing to remember is that the uncertainty means that it can rally one day, or dive the next, however, elements like the trading volume and speculation buying can help the stats go awry in regards to where the market really stands.
Here is the article, you can read it in full at this link Thanks to Binary Options Blog for posting this and sharing.
Audit Commission finds NHS made £4.3bn of efficiency savings last year but financial challenges are increasing
Most NHS organisations have made good progress in cutting costs to reach the £20bn savings required of them, but they face growing financial pressure, according to the Audit Commission.
In its report on the 2010-11 financial accounts of primary care trusts (PCTs), NHS trusts and strategic health authorities, the commission says that, assuming there is no double counting, efficiency savings totalled £4.3bn for the year.
PCTs reported savings of £1.9bn and NHS trusts reported savings of £1.2bn. These figures are equival
ent to 1.9% of PCTs’ gross operating costs and 4.3% in the case of NHS trusts. Regulator Monitor reported that the percentage for foundations trusts was slightly lower at 3.9%, which equates to £1.2bn.
The NHS in England needs to save an average of £5bn, equivalent to about 5% of their budgets, every year until 2015 to release £20bn of efficiency savings.
The document warns that financial pressure is increasing. Nearly 25% of the money saved so far came from one-off or non-recurrent savings, mostly improving clinical productivity and reducing workforce costs.
In addition, the need to deliver high-quality services without the funding growth of the recent past will have an impact. In 2010-11 PCTs received average cash funding increases of 5.5%, but in 2011-12 this is only 2.2%.
The document says NHS organisations will require determined effort and strong leadership to make further efficiency savings, and to continue to do so for four years.
Overall, the commission found that the financial performance of the NHS continues to be good, and that organisations reported a surplus of £1.5bn, or some 1.5% of NHS resources. Only nine out of 276 organisations failed to balance their books.
NHS Confederation deputy director of policy Jo Webber said many NHS leaders have got their organisations on a strong financial footing, but are worried that “this might be the calm before the storm”.
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Some common info on what are binary options:
Binary option (From Wikipedia)
In finance, a binary option is a type of option where the payoff is either some fixed amount of some asset or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays some fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security. Thus, the options are binary in nature because there are only two possible outcomes. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and Fixed Return Options (FROs) (on the American Stock Exchange). Binary options are usually European-styleoptions.For example, a purchase is made of a binary cash-or-nothing call option on XYZ Corp's stock struck at $100 with a binary payoff of $1000. Then, if at the future maturity date, the stock is trading at or above $100, $1000 is received. If its stock is trading below $100, nothing is received.
In the popular Black-Scholes model, the value of a digital option can be expressed in terms of the cumulative normal distribution function.
Click here to read the full Wikipedia article on Binary Options
A binary option is a fixed return option because there are only 2 possible outcomes which are fully realized at the onset of the contract
A binary option is a contract which gives the buyer (known as the owner) the right, but not the obligation, to buy an underlying asset at a fixed price within a specified time frame.
The items being traded are known as underlying assets and they could be a range of products: currencies (e.g. USD/JPY), commodities (e.g. Oil, Gold), stocks (e.g. Microsoft, Coca Cola) or indices (e.g. Nasdaq, FTSE 100). The fixed price at which the owner buys or sells at, is known as the strike price.
When trading binary options, the buyer of the option chooses whether he thinks the underlying asset will hit the strike price by the selected expiry time – this could be at the end of the nearest hour or the end of the day, week or month.
The owner places a call option on his binary option trade if he thinks that at the expiry time the option will be higher than the current price. He places a put option if he thinks that at the expiry time the option will be lower than the current price.
Want to try and trade binary options on your own, visit http://optionsclick.com
Thank you to this source for the info on Binary Options
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Tuesday, August 9, 2011
US Credit Rating Cut by S&P
Equities
Wall Street’s Thursday woes led to a steep drop in Asian markets on Friday. The Nikkei fell 3.7% to 9305, and similarly, the Kospi dropped 3.7%. Oil-related stocks were hit hard, following a steep drop in crude oil. Australia’s ASX 200 tumbled 4% to a 2-year low, and the Hang Seng shed 4.3%. China’s Shanghai Composite fared better than most, losing just 2.2%.European markets extended their losses, as the FTSE fell 2.7%, the DAX dropped 2.8% and the CAC40 decline 1.3%. The oil and gas sector fell 3.4% on concerns about economic growth, and Royal Bank of Scotland tumbled 6.9% after reporting a loss of $1.1 billion.
The Crashing Trader |
Dow Swings more than 400 Points
Priceline shares jumped 9% on strong earnings which beat forecasts.
Treasuries and Commodities
After the close, S&P cut the US credit rating to AA+ from AAA, a move the White House labeled hasty.Treasuries sold off, as rumors of the credit cut weighed on fixed income. 10-year notes fell 1 12/32 to yield 2.56%, and 30-year notes plunged 3 11/32 to yield 3.85%.
Gasoline futures jumped 2.5% to 2.8052, while crude oil inched up .3% to 86.88, recovering from an earlier drop down to 82.87
Metals continued to decline, as silver fell 3.1% to 38.21, gold dropped 7.20 to 1651.80, and copper lost 2.8% to 4.117.
Currencies
The Euro surged 1.4% to 1.4290 as Italy announced steps to react to the country’s debt woes. The Pound gained .8% 1.6391, and the Yen advanced 1% to 78.42, while the Swiss Franc and Canadian Dollar closed little changed.Economic Outlook
Big Ol' Dollar Sign, USD |
Consumer Credit jumped 7.7% in June, a positive sign of consumer confidence.
An emergency meeting was held over the weekend between global financial officials, to address the debt troubles facing the US and Europe.
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Monday, August 1, 2011
Casino vs binary trading
Are binary options like gambling?
The thing is that casino games are designed for users to win in order to keep them entertained and binary trading are based on which ever direction the market swings, So not sure which one is better.
I have heard several times from people that when you are buying and selling Binary Options, your are basically gambling. While this may be the case for some people who have addiction issues, they are both quite different.
Casino games are based on luck and binary trading is based on real market conditions. This is not to say that casino's don't also involve skill or that binary trading doesn't experience luck, but the basis for the trades and exchanges of the two are very different.
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Thursday, July 28, 2011
Stock Tip? Boeing, BAE to Build 'Laser Machine Gun
The stock tip below caught my eye because I personally have always wanted to have my own laser machine gun, and because it will change the economics of war and that is something that I, as a Binary Day Trader need to be kept abreast of. I found this article at http://pimp-my-trades.blogspot.com/2011/07/boeing-bae-to-build-laser-machine-gun.html
I found this article while trolling the web and aside from thinking that it is very much out of sci-fi movies to shoot stuff with a laser gun, I also think that it will result in strong performance from the companies developing it. The primary companies involved are Boeing and BAE, so keep a sharp eye out for their stock performance.
Boeing, BAE to Build 'Laser Machine Gun'
Published July 27, 2011
BAE System's ship defense laser.
Like peanut butter and chocolate, the U.S. Navy thinks machine guns and lasers are two great tastes that taste great together. They hope the combination of old school lead with new school "pew" will better protect their ships from attack by smaller boats.
BAE Systems, a British defense firm, already makes the giant machine guns that protect warships from approaching watercraft. Tuesday, Boeing announced that it will team up with BAE Systems to develop a solid-state laser that would work in tandem with the already potent weapon.
"Boeing is committed to developing this directed energy system that will significantly enhance ship defense," said Michael Rinn, Boeing DES vice president. "Combining BAE's engineering expertise with the proven directed-energy proficiency of Boeing's DES division creates a team uniquely qualified to integrate directed-energy technology into the Navy's shipboard armaments."
BAE won the contract to develop the laser, which the Navy envisions as a countermeasure against small drones, tiny boats and anything else that gets too close a Navy surface vessel. Now, Boeing has joined the team to develop the prototype weapon.
It's anybody's guess what kind of threat a machine guns or lasers can't defeat on their own (Mothra? Decepticons? Kraken?). But now that 19th century ballistic technology has teamed up with 21st century ray gun tech, whatever that enemy may be will think twice about messing with a U.S. Navy warship.
Wednesday, July 27, 2011
How does Binary Options Trading work?
Binary options are a way to make money on stock, currency and commodity markets by accurately predicting trends and patterns. You can make money by correctly predicting a stocks fall, rise or stagnation. If you are good at recognizing patterns and are disciplined in your market approach, then you should try out binary options trading
This video is of one site that I found is fairly easy to use and retrieve payments from. learn more about Binary Option on Optionsclick.com
This video is of one site that I found is fairly easy to use and retrieve payments from. learn more about Binary Option on Optionsclick.com
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