Binary Options Books

4 stars based on 42 reviews

From knowing how to read signals through to coming up with your very own strategy, even the most experienced traders can benefit from some outside input from time to time. So why not put that to practical use and settle down with a good binary options trading book? For anyone still tentatively exploring binary options platforms and still trying to make up their mind, this book is worth close attention.

It gives introductory advice on how to use these instruments and outlines some basic trading strategies. The view is that binary options in themselves are perfectly valid trading instruments — but they can also be surefire ways to lose money quickly when approached in the wrong way.

This book can help you stay on the right track. This book has been around almost as long as the binary options as a trading instrument itself, yet it remains one of the clearest explanations of how binaries work in practice. For the author, the simplicity of binaries is one of their greatest strengths; right from the outset, he is keen to point out that anyone who bets on the likes of the Grand National or Kentucky Derby is taking out a binary option, albeit in a different name — that of a fixed odds bet.

In theory therefore, binaries offer an accessible trading this book includes binary options beginners binary options strategies binary options to put market knowledge to work — in what ought to be a limited risk environment.

Far from dismissing the fact that binary options are, in effect, a form of gambling, this book is refreshing in that it embraces the language of betting to explain — in a relatively simple way — how this financial instrument works in real life. Aimed at newcomers, this book provides a personal and pragmatic overview of binary options as a trading instrument.

It provides information on the various markets available and also includes insight on how to get into the right frame of mind for trading. It gives tips on choosing a platform, starting off with a trial run, before graduating to trades with real cash. With simple prose broken down into bite-size chunks and plenty of diagrams, this series of instructional manuals rarely disappoints.

This volume, dedicated solely to candlestick charting, is a good read for anyone who might be struggling to get to grips with this particular area of analysis. Candlesticks are information-dense, highly useful means of identifying trends, providing traders with details of opening and closing prices, highs and lows and overall range — often over very short timeframes. This guide demonstrates how candlestick charts are constructed and how to trading this book includes binary options beginners binary options strategies binary options them.

It shows how to identify bullish and bearish markets, how to avoid false signals and how to combine candlesticks with a range trading this book includes binary options beginners binary options strategies binary options other indicators. Frequently, this includes news relating to specific companies, such as annual results, share buying activity and profit announcements. Yet quarterly reports and various other company news can act as valuable binary options trading signals; not least because stronger or weaker than expected numbers from big companies can in themselves trigger significant drops or gains in share prices.

So how do you begin to make sense of your stock market news feed? This volume provides a thorough grounding. Although the emphasis is on UK companies listed on the London Stock Exchange, the broad principles explained are useful if you are taking a position on companies elsewhere in the world.

It also gives you an overview on all of the routine statements companies are expected to issue, explaining all associated jargon. Crucially, the book shows you what type of announcements are likely to affect the share price — and in which direction.

And finally, a further tip for reading around the topic of binary options: Make it a resolution to get to grips with your chosen market; it will serve you much better in the long-run. Fixed Odds Financial Bets — Hamish Raw This book has been around almost as long as the binary options as a trading instrument itself, yet it remains one of the clearest explanations of how binaries work in practice.

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24 comments Should you start trade binary options 247

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In this article, we attempt to find the best books about binary options, and recommend the trading books that we think cover the topic in the best way. So whether you are a beginner looking to learn the basics, or an advanced trader looking for in-depth strategy, we have a book for you. The binary options sector has sometimes attracted a lot of misinformation online, fortunately that problem has not blighted the printed word in the same way.

Most of the books written on the subject are honest, and describe binaries accurately. There are of course, some books that are better than others, and below, we highlight the books we think are the best for traders at particular points of their trading journey. Hamish Raw is perhaps the leading writer on this subject. For those just hearing about binaries, and considering looking into the subject further, this book is worth close attention. This volume, dedicated solely to candlestick charting, is a good read for anyone who might be struggling to get to grips with this particular area of analysis.

Our Charts page also explains the basics of candlestick charts. Some may even go beyond their direct stock price, and affect commodity or forex prices.

As an example, the Google tax issue with Ireland had ramifications across all sorts of sectors. It also provides a jargon buster which is very useful. Vitally, the book shows you what type of announcements are likely to affect the share price — and in which direction.

These books all cover binaries and digital trading in an open, honest and transparent way. Binaries are a form of trading just like any other, they need learning and understanding. Hopefully our recommended books can help our visitors do that. While several brokers have notably written some good, informative ebooks, they are generally written for users of a particular platform. There are therefore, not too many independently written ebooks that offer an unbiased view of the industry.

When looking at strategy, shorter ebooks become very useful, but as an introduction to binary options as a whole, they generally fall below the level of published books. When we find an ebook of sufficient quality, we will of course publish it here.

Advanced traders will get a lot from this book. It explains exactly how to judge value and therefore find those trades with positive expectation. This books is best for traders who are curious about binary trading and want to find out if it will suit their investment needs. Squarely aimed at beginners. Combined with a demo account, this book is a good starting point for a beginner or someone new to trading generally.

This series generally caters for beginners in whatever subject it covers. This book would however, also appeal to more experienced traders as the subject does move into more advanced areas. This is a useful resource for anyone looking to trade binary options based on news events.