Trading Binary Options: Strategies and Tactics (Bloomberg Financial)

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9780470952849: Trading Binary Options: Strategies and Tactics (Bloomberg Financial)
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An essential guide to the fast growing area of binary options Long the province of professional traders, binary options are now offered to retail investors through the North American Derivative Exchange (Nadex) and a growing group of online brokerages. Now, with this new book, author Abe Cofnas explains how independent traders and investors can use binary options to speculate on price movements and global events. The great appeal of binary options is that they are less complex than conventional options and provide a simple method to trade based on an opinion of where the market is headed over a certain period of time. Engaging and informative, this reliable guide reveals how binary options work, what are the best binary options trading strategies, and when to use them. Identifies the various markets in which binaries are available Offers insights on how binary options allow for opportunities to speculate on the direction of a market and receive a substantial payout Provides suggestions as to which markets provide the best liquidity and lowest trade execution expenses As the first book solely devoted to this topic, Binary Options will provide retail traders with an authoritative guide to trading this exciting new market.

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From the Back Cover:

Trading Binary Options

"Are you interested in trading but don′t like to wait weeks and months for a return?Are you following news events and want to financially benefit from your knowledge?Or maybe you are new to trading and want to participate but avoid the long learning curve in mastering trading skills. If these questions are on your mind, this book is for you."
From the Preface

Binary option trading is one of today′s fastest growing areas of finance. The greatappeal of binary options is that they are less complex than conventional optionsand provide a simple method to trade based on an opinion of where the marketis headed over a certain period of time one week at the most.

In Trading Binary Options, author Abe Cofnas puts this exciting new product inperspective, and shows individual investors and traders how it works, when to use it, and what strategies are most effective. While there are many variations to this typeof trading, this reliable resource focuses on the regulatory approved weekly binary option trades of the North American Derivative Exchange (Nadex).

Engaging and informative, Trading Binary Options:Provides insights on how binary options allow for opportunities to speculate on the direction of a market and receive a substantial payout

Identifies the various markets in which binaries are availableOffers suggestions as to which markets provide the best liquidity and lowest trade execution expenses

And much more

If you′re looking to get more out of today′s markets, look no further than binary options. With Trading Binary Options as your guide, you′ll quickly discover how specific strategies and tactics will allow you to capture consistent profits on a weekly basis.

About the Author:

Abe Cofnas has been the forex trading columnist for Futures magazine since 2001 and has writtenover 100 columns on forex trading strategies and tactics. He is also the author of three Wiley titles,Sentiment Indicators, The Forex Trading Course, and The Forex Options Course. He has, for over two decades,provided fundamental and technical analysis on trading strategies in currencies and inter–markets. He is the founder of learn4x.com, which provides private coaching and seminars on currency trading. In 2008, he formed FXDimensions Inc., a third–party trading system and signal development company that has pioneered the concept of algos that detect trader behavioral patterns. He is a recognized expert in technical analysis and has lectured in London and Dubai (with appearances on CNBC Arabia) and continues to work with students and businesses abroad. Cofnas generates weekly alerts on binary options for Agora Financial′s Strategic Currency Trader newsletter. He holds a master′s in political science and a master′s in public policy from the Graduate School of Political Science, University of California, and the Goldman School of Public Policy, University of California, Berkeley, respectively.

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