Trading over binary options during updates and news about the stock
Today many people are trading over the binary trading options and they are making their money from home. This method of trading is good for several reasons. First of all, everyone can do it from home, all you need is a computer and free time, second you don’t need a college degree as everyone can learn the basics and take off from there, and last but not least it can make you some money on the side while the risks don’t need to be huge.
Trading in binary options has never been easier than it is today. There are many platforms for trading and our specific recommended platform for trading with binary options would be HBSwiss as it is one of the easiest to get into platforms. When we talk about trading with binary options we consider all kinds of trades that could be possible on this platform. This includes high-risk high reward trades as well as low-risk low reward trades.
If you are in the marking of making big money as an advanced user using binary trading options than you might consider trading in stocks when the news about that company starts hitting more frequently. To be perfectly clear, we don’t advise that trading in stock at the moment the product or the company hit the new, as a method of making a steady income, as this can be quite tricky. Namely, trading over binary options when the company hits the news can be a bit tricky as the company stock value can both go up and down. If you thought that ending up in the news can be good for the company stock than you could not be more wrong.
Trading in stock when it’s in the news is tricky as the product might fail and the stock will go down instead of up.
When you want to trade in binary options during the news updates of the company there are several things you need to keep in mind.
There are rules called the 15 minutes, 30 minutes and the daily rule. The 15 and 30-minute rules are all about trading the stocks in the first 15-30 minutes when the news hits about the particular product or the company.
During this period, there is most money to be had if you can predict the path the stock will go. The daily rule has more calculations and math but eventually lands you in a net positive if you predicted correctly. There is also the option to trade in advance. For instance, if the product is supposed to launch and you start trading that can be a good way of making extra cash before the stock falls down.