Bituptick’s binary option trading guide gives you everything you need to confidently dive in and make a great start in the binary options game. It is comprehensive, practical, easy to understand and can take you from being a beginner to long term profit.
Binary options are a new area sitting between investing and wagering where regulations are not always clear and new operators are popping up like wildfire. Add to this the fact that it is possible to make large amounts of money relatively quickly and easily and the fact that all of this is happening online with bitcoin.
A requirement of licensed government currency binary option brokers is that they must confirm all customers identities before any withdrawals can be made. All of this is solved by bitcoin. To avoid identity verification all together and maintain your privacy and security use a bitcoin only brokers that let you stay anonymous.
When you settle on a particular type of binary option and asset to trade on you should work out what % of your trades you need to win to break even. This is called your required win rate. This will give you a benchmark to track your performance against and tell you whether long term profit is possible.