Gigamonkeys binary trading 95 strategy of binary options best books for futures and options trading
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 interpret them. It shows how to identify bullish and bearish markets, how to avoid false signals and how to combine candlesticks with a range of 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.
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