One of the greatest traders of all time, Alexander Elder, explains how many beginning traders that are trying to make it big in the financial markets fail. Most of them come into the markets with small capitals and open up small trading accounts, mostly because the Forex market offers huge leverage benefits that could not be so beneficial for the novice or for the professional.
If you are not aware of how to protect your capital, you can very easily be eaten up by the sharks, the sharks of the financial markets. To protect you from such a scenario, the trader requires a competently designed money and risk system that protects him or her. But for that you need to study the market carefully and understand its movements, to be able to produce quality technical and fundamental analysis.
To achieve the level of confidence and experience to manage your funds and trading profitably takes time. So, is there a way to participate in the financial markets, while learning the bolts and knots and at the same time reaping some extra profits for your pocket? Yes, there is such an opportunity with a modern platform called, Optionova, through which any trader can trade various options quickly, with minimal risks.
What are the benefits of trading with options?
Options are very special in a way that it is basically a determination of where the price is going to be in the future after a specific amount of time. According to the company Optionova, an industry leader in options trading, this tool removes the psychological burden from the trader, allowing working in the best possible conditions with a high probability of profits and minimal risks.
Let’s take a look at how simple it could be to trade in the options market. For example, you decide to buy a contract for the currency pair GBP/USD. You indicated that the asset price will go up after a half an hour. If after 30 minutes the pair becomes more expensive, then you get the profit. If the forecast doesn’t materialize, then you lose only the money that has been paid for the contract, and not a cent more. In contrast to currency trading in the Forex market, where due to the big swings you may lose your entire capital. Therefore the options can also be called a trader’s insurance.
The experts at Optionova agreed that among the different types of options available, the binary options are the best choice for someone who is just beginning. In Optionova they presented the various forecasts for the binary options. Plus, there are various bonuses and some unique features that can make trading at least break even.
An interesting feature about binary options is that you are not really buying or selling the underlying asset, but rather a contract on the future direction of the asset. The expected direction of the asset prices is indicated on the standard conditions for binary options in the chosen period of time. And it gives you the advantage that you know in advance how much you can win or lose, while trading with the real instruments there can be moments where you can lose huge sums by a sudden change in the trend.
What is so special about Optionova?
Optionova notes that at the moment there are many choices to choose from when trying to pick an options brokers to trade with, but not all of them provide their clients with profitable and the best possible comfortable conditions. The Company Optionova, on the contrary is constantly developing and improving its own technology to its clients at minimum costs to get the maximum profits for traders according to their real interests.
Optionova has developed a special incentive program. In the program each client can receive a large bonus and solid interest payments for the right forecast of price movement. Moreover, the company is the only broker who allows extending the option in the case of undesirable price movements for the customer. As a result, even the most inexperienced trader who doesn’t have a lot of money can to make binary options quickly and without big risks.
Among the other advantages of trading with Optionova one should mention:
The wide choice of option expiration time from 1 minute to 1 month.
The ability to opt out of the deal while trading.
The possibility to extend the transaction in the event of adverse price movements.
If the forecast for the selected asset is correct, the trader can make up to a 91% return.
Many convenient ways for the withdrawal of funds for the customer within 5 days. Other brokers may take up to 14 days or more.
The ability to use both temporary and permanent demo accounts. Many brokers simply do not provide such accounts.
Providing of trading signals four times a day with a varied choice of analyzed assets. The signals are provided to all holders of gold accounts; the success of the signals is 65%.
Additionally, the company Leverate.com is the price feed provider of Optionova, which in turn offers analysis of the charts right on the platform. Over 180 assets are available for clients of Optionova and the dimensions of the profits have been the biggest in the industry. In addition, the bonuses on the first and the subsequent deposits are up to 200%, which helps increase the level of income. Moreover, the company sells a variety of events to return the funds to their clients’ pockets.
Besides deciding on which direction the market is going to go, a trader with Optionova can also choose the touch/no touch feature where you specify whether the price will reach the completion of the contact and touch a defined level. There is also the Border choice, where you specify whether the price will breakout of your defined boundaries or range, or will remain within the boundaries.
Optionova offers a unique way to insure you against potential risks and your account can be opened in any of the main currencies like, Euros, Dollars, Pounds, or Francs. In the bonus program, a participant who has suffered a loss may receive compensation from the company into his personal account. Thus, even an inexperienced trader has the freedom to trade without fear and tension, feeling confident. And confidence, as we know, is the key to your success, concluded the representatives of Optionova.
The analysts of Masterforex-V World Academy along with the professional staff of Optionova have compiled the information for this article, keeping in mind that there is a growing need for new financial services in all sectors of the industry.