Trading Binary Options: Strategies and Tactics.
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Book description.
An essential guide to the fast growing area of binary options.
Long the province of professional traders, binary options are now offered to retail investors through the North American Derivative Exchange (Nadex) and a growing group of online brokerages. Now, with this new book, author Abe Cofnas explains how independent traders and investors can use binary options to speculate on price movements and global events.
The great appeal of binary options is that they are less complex than conventional options and provide a simple method to trade based on an opinion of where the market is headed over a certain period of time. Engaging and informative, this reliable guide reveals how binary options work, what are the best binary options trading strategies, and when to use them.
Identifies the various markets in which binaries are available Offers insights on how binary options allow for opportunities to speculate on the direction of a market and receive a substantial payout Provides suggestions as to which markets provide the best liquidity and lowest trade execution expenses.
As the first book solely devoted to this topic, Binary Options will provide retail traders with an authoritative guide to trading this exciting new market.
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Table of contents Product information.
Table of contents.
Cover Contents Title Copyright Dedication Foreword Preface Acknowledgments Introduction: What Are Binary Options and Why Are They Important? Nadex versus CBOT Binaries Reference Defining the Key Features Strike Price versus Underlying Market Price Currency Pairs as an Underlying Market Moneyness Moneyness and Trader Direction The Role of a Market Maker Sample Bid Ask at Nadex Expected Probabilities Winning Occurrence Analysis Defining Sentiment Applying Sentiment Detection Tools References The Fundamental Forces Correlations Involving Binary Markets Fear and the U.S. Dollar Foreign Ownership of U.S. Treasuries Crude Oil Implications of Historic Commodity Plunge Carry Trade and Interest Rate Differentials Central Bankers Move the Markets Evaluating Currency Pairs Using an Economic Calendar as Trading Tool Key Candlestick Patterns Trend Lines Support and Resistance Confirming Strength with Price Break Charts Key Patterns for Trading Analysis Fibonacci Resistance Lines References Defining Volatility Bollinger Bands VIX: The Fear Index Option Volatility and Sentiment: Put/Call Ratios Volatility Smiles Cycles as Trading Tools Reviewing the Tools Core Strategies Examples for Strategy Selection Combination Strategies References Key Steps in Analyzing Event Risks Putting Strategies and Tactics Together: Timing and Managing Trades Intermarket Uses of Binary Options A Word on Intraday Strategies References Deal or No Deal? The Confidence Index Lot Size Management Offsetting Trades: Failing Forward Leverage and Margin References Key Performance Metrics Strategy Scorecard Performance Challenges Analytical Challenges Know Your Trading Personality Targeting Total Returns What Is Algorithmic Trading? Advantages and Disadvantages of Automated Trading Developing a Trading System Evolving Your Approach.
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Product information.
Title: Trading Binary Options: Strategies and Tactics Author(s): Release date: December 2011 Publisher(s): Bloomberg Press ISBN: 9780470952849.
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