: Your maximum potential loss and profit are predetermined before you place the trade.
: Choose a "Call" if you predict the price will rise or a "Put" if you predict it will fall. buy binary options
Binary options are financial contracts where you bet on a "yes or no" proposition: will an asset's price be above or below a certain point at a specific time. If you are right, you receive a fixed payout; if you are wrong, you lose your entire investment. 1. Fundamental Concepts : Your maximum potential loss and profit are
: The price level the asset must stay above or below for your prediction to be correct. 2. How to Place a Trade If you are right, you receive a fixed
: Decide the duration of the contract (e.g., 5 minutes, 1 hour).
: Unlike traditional stocks, there is no middle ground. You either win the fixed amount or lose your full wager.
: These can range from 60 seconds to several weeks.