0
yes a minor can trade binary options using his father's name. His father can deduct losses from his investment gains and use up to $3000 of losses to offset his income.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Are binary options real?
Binary options are "synthetic" options or digital options. These options are real in terms of validity of transaction, meaning that if you are in the money you will be paid your earnings for sure, and if you are out of the money, you will certainly lose some of your investment. The reason they are called synthetic is that you don't actually have to buy / sell the asset at the end of the trade, you just collect your earnings or pay your losses.
Can you trade in nifty option for intraday?
Yes you can do it, but i can tell you that before you can use any strategy you have to understand yourself first, how is your mind work, without it you will continue the up and down profit/loss, feeling pressure/calm. I also worte an Entire post about the winners mental state. John Automated Binary Options www.automatedbinaryoptions.co Trade binary options
What are binary options signals?
Binary Options Signals display the volatile underlying asset & forecast the direction and expiration time in order to make a successful trade. Signals are valid to place a trade in a short window of time after delivery - the Trader is advised to act within the first 5 minutesfollowing the appearance of the signal to guarantee the best possible outcome. Check it out: marketsgear.com
What is meant by binary trading?
"Binary Trading" = "Binary Options Trading""Binary trading" is most likely referring to binary options trading - a form of investing in which you are placing you money into an agreement that will yield you 1-of-2 outcomes, either that you loose the entire amount invested, or gain a substantial return of about 60% to 85% return. Why would anyone trade binary options?The binary options trading cycle is around 15 to 30 minutes so someone who doesn't know what they are doing can loose their money very quickly, and someone that understand it can ear a significant return over the period of a day. Why its called "binary"It is called "binary" because you have only two possible outcomes. Unlike regular investments where the amount the stock, currency or commodity goes up or down will determine how much of a profit you will earn, binary options offer the possibility of either loosing the full amount, or nearly doubling it, simply by knowing the trend of the market. Where can I learn more info on binary options trading?One good place to start is to read the Wikipedia links on the following topics: check out Wikipedia for Binary OptionsCheck out wikipedia for Black-ScholesOptionsClick dot com to see what a binary options trading website looks like.top-binaryoptions dot.com to check out a few binary options trading sites that are compared.
Can you make money in binary options trading?
You can make only if you understan basic forex first. binary options based on mostly currencies, you have to know forex techniques by logic or by nature law. then you can make money with binary options.
Are binary options legal?
Binary options trading is legal in some countries, but it is banned or heavily regulated in others. It is important to check the regulations in your particular region before engaging in binary options trading to ensure compliance with the law.
Is binary options a scam?
no, forex trading, whether exchanging physical currencies or online speculation/hedging via a brokerage is completely legitimate. There may be some unscrupulous individuals or companies out there, but the act of forex trading is completely legitimate.
What binary trade options are on Forex automated trading?
Forex automatic trading is the top new technology in trading. It claims to be 100% accurate and will follow the trade cycles throughout the day. The formulas are meant to forecast the market.
How would one get information on binary options?
Information on binary options for the purposes of investing can be found in multiple ways. The most common are from sites like Daily Forex, Bee Options, Forbes, and Nadex.
Relationship between a regular call option and a binary call option?
While the CALL options remain the same for both regular and binary options, the difference being that with binary options you don't actually own the asset you are trading on. It is based on mere speculation of the market movements.
Can you trade fake money to learn in binary options trading?
Yes you can , and it is recommended that you will start trading with fake money, you will learn slowly how to trade , after you will gain enough confidence , you will than can move to real money. You must clarify with broker regarding such trade options with them. Broker must be able to provide you this facility. Trading with fake money will gain you good experience before you start with actual money trade.
Is there any advantage of binary options compared to forex trade?
Because binary forex options only require traders to determine the direction that the price will take for a certain period of time, it is less risky than spot forex trading. Also you do not need any stop loss and no margins, you also do not have to wait the price hit the target, at binary options you know the exact time it will expire. If you predict the correct direction that the price of the currency pair is going to take, then you can earn a fixed amount of income for every contract.
