How to trade binary options
Binary options are short-term, limited risk contracts. On Nadex, you can trade binary options with different strike prices based on the possible probability of the outcome. Learn how to trade binary options and the ways you can use these contracts in your trading plan.
Binary options trading is a process, and the traders who are successful have their own plans and strategies. This process can be broken down into five key stages – it’s important to follow each one carefully if you’re going to become a successful binary options trader.
How to trade binary options in 5 steps
Know the market trends.
Pick the market you want to trade.
Select a strike price and expiration.
Place your trade.
Wait for expiration, or close out your trade early.
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