The Algorithm Behind the ‘Robot’
The concept of trading robots within the binary options industry evokes mixed feelings. Skeptics out there tend to believe it is a scam, while enthusiastic entrepreneurs and traders looking for the edge, say it is the future. Well, the future is already here and has been for a few years now. The binary options industry did not invent those trading robots; it probably did invent their name. The real face of these robots, probably looks quite like the face of your own PC, albeit the heart of the computer(s) doing the trading must be much more powerful. The brains however, are 100% human. Trading robots operate according to an algorithm developed by smart mathematicians and the real news is that it gives traders an edge in volatile markets when developed appropriately. read more…
Taking a Golden Cue from Bitcoin
Over the years the gold markets have had many accessibility issues. From claims of price manipulation to expensive fees, the smaller investors who are often individuals looking to safeguard the value of their savings, have been shut off. In come the great 2008 recession and Bitcoin, and suddenly the gold markets started to transform. People were desperately looking for a way to keep the value of their money in an environment in which all types of assets were quickly depreciating, and commodities provided the protection needed. Bitcoin, the first cryptocurrency, conceived to emulate certain aspects of commodities, brought the mechanics of trading by using a commodity as a medium of exchange into the 21st century; Bitgold applied some of those principles to bring gold back as a medium of exchange, resurrecting the use of physical commodities as a currency through its services.
Based out of Toronto, Bitgold launched its services to the public keeping cryptocurrency (specifically Bitcoin) in mind as a means of exchange, but initially setting up a traditional exchange setting, allowing customers to buy gold through their bank accounts in their currency of choice. Much like Bitcoin, Bitgold’s services seek to offer an alternative to all the investment and saving features that the financial markets offer. The advantages of their services provide a safe haven from market volatility but can also be used as a means of payment, decreasing the concentration of economic power and providing an alternative for more direct trade between people. read more…
Bitcoin’s Price Surge and the Road to $300
“Bitcoin is too volatile!”
“Wasn’t Bitcoin valued at over $1,000 last year, and now it’s around $200?”
“Bitcoin won’t last”
We’ve heard it all before. Several thousand times, each statement more forceful than the last. We’ve seen the death and rebirth of Bitcoin several times over, but with the recent price surge, the naysayers have been out in full force. It’s interesting how the perspectives differ in this regard – a slow, steady incline towards the $300 mark has Bitcoin users jumping for joy (and allowing themselves an ‘I told you so’) while the detractors are using the price increase as fuel for maintaining their distrust for Bitcoin in general.
While the BTC/USD price didn’t linger very long over the $300 mark, it is still holding strong close to the mark, and is fairing much better than it has been for a very long time. A quick glance at a price chart from the past month shows an incredible upward trend in the price – but without being a spike, aka something that is a complete fluke and destined to drop. Bitcoin is on the rise whether you like it or not. read more…
Are Binary Options Really Financial Instruments? Leverate Thinks so.
For those of you who are new to Binary Options you may ask yourselves if binary option trading is really trading in the financial markets. As we know you are not actually trading the asset but you are making a binary (meaning one of two outcomes only) trade where you choose if the asset will move up or down in a given time period. If you are not sure then hear this, Leverate, the leader in Forex trading has just entered the Binary Options marketplace with its BX8 Platform.
Trading Screen Using Leverate BX8 Platform
Leverate has been leading the way in innovating Forex trading since 2008 with its platform LXSuite. With over 150 Forex brands running off its platform there is no denying Leverate know financial trading. Leverate sees binary options as a natural extension of its Forex platform for trading in financial assets and has decided to take its technology supremacy to the binary options market as well.
Leverate’s binary platform, BX8, has been built to give the trader a unique experience when trading binary options. It has a sleek look with eight options always available to trade at the same time. You choose the asset that you want to trade and the four expiry times are laid out in front of you. There is no need to search for the expiry you want. There are also always four different 60 second options available in the trader’s room which allows quick and easy trading.
Binary Options Trading Strategy
One binary options trading strategy that you can use is trading with the news. Let’s take a look at the news that came from Microsoft.
In 2007 Microsoft purchased aQuantive to boost online advertising as a counter measure to Google Inc. purchasing digital ad firm Doubleclick. Microsoft announced that it will write-off the 6.2 billion dollars of their initial investment. Microsoft stock which closed at $30.56 was trading at $30.28 in after-hours trading.
Microsoft bought aQuantive for $6.3 billion in cash. This is the second largest purchase for Microsoft, exceeded only by its purchase of Skype for $8.5 billion last year. This write off will wipe out any profit Microsoft would have seen this quarter. Analysts were predicting earnings of 62 cents a share, or $5.25 billion, on July 19. In addition to the write-down, Microsoft said, “lower than previous estimates” when referring to its expectations for future growth and profitability at its online services unit.
As a binary option trader you may feel that the momentum of the stock price is moving down. If the momentum continues you can take advantage of the speed and simplicity of binary options to capitalize on that move. You can make various “Put” purchases. One that you might want to employ is a 60 second binary option.
You can trade Microsoft today at Cedar Finance.
Positive Market Sentiment Solidifies
Over the last few days, markets have stabilized further. Index fluctuation is much less intense and there is a general consensus about the fact that oil prices have bottomed out. The question now is, if the main indices are going to continue advancing or receding moderately, or if this is a turning point that will see markets tip over into red territory again. The key to understand this is raw economic data, especially if it leads the Federal Reserve to hike the interest rate further during the next meeting. read more…
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