Many people say binary options is a form of betting because a trader has only two options to trade with; the rise or the fall of a certain market or commodity. For some, however, this is an easy way of trading and often yields in mouth-watering profits for traders, but no matter how simple it may look like, one must have proficient knowledge of what binary options are, and not just venture into the market with a gambler’s spirit; most times, this ends in a disaster. This is where TIATrading House; a team of professional options traders come into the picture.(we offer intensive training on what options are and how you can trade successfully)
Now, let’s have a brief orientation on what CALLs and PUTs are in trading options. Basically, when you place a CALL option after your intensive analysis of the market; it means the price of the commodity or market would rise above its current price with respect to the time you place that option. Say, for example, the price of gold is currently at 1.5, placing a CALL option over a time frame of 5 minutes indicates that the price of gold would go above 1.5 in the next 5 minutes. While the PUT option would indicate otherwise; this would mean the price of gold would drop below 1.5 in the next 5 minutes.
In conclusion, here’s a good advice; make sure you have standard knowledge on how to trade binary options properly, instead of just making it a gambling game. Gambling has actually ruined a lot of lives.