August 25, 2015 at 12:42 pm
A glossary, or glossary of terms for binary options, is also known as a vocabulary or dictionary in laymen’s terms . It is an alphabetical list of specific terms in a particular industry, explaining the definitions and meanings of those terms to help better understand them. The binary options industry is no different, also containing it’s own terms to describe certain things.
Return On Investment (ROI)
August 27, 2015 at 10:41 am
Very Good article indeed, my friend! These basic information are normally overlooked by newbie traders. All they think of is making money and nothing else. This is a recipe for disaster…
August 27, 2015 at 9:59 pm
Good thinking adding this. Wish I would have searched for something like this when I first started binary options. Learned the hard way…
I don’t think there is anything to really add to this Glossary Of terms. Basically everything you need to know to start off with.
August 28, 2015 at 10:29 am
Hey Alex, I have 2 terms to add:
Supply and Demand – Demand refers to how much (quantity) of a product is desired by buyers. Supply refers to how much the market can offer at a certain price.
Price Action – price action is a trading technique that allows a trader to read the market and make subjective trading decisions based on the recent and actual price movements, rather than relying solely on technical indicators.
August 28, 2015 at 10:42 am
Hehe I have one.
Newbie trader – This is a person that is new to the trading game. He/She does not know much of what is going on. The degree of uncertainty in trading can sometimes be overwhelming and push him/her to make mistakes. They tend to ask a lot of questions.
It is the reason why I chose my username (Newbie101). So, guys please forgive me if I ask any stupid questions. I am just trying to learn.
August 28, 2015 at 10:48 am
there is nothing like a stupid question in trading. You could be helping other traders by asking questions that they are not sure of. We are here to help eachother. One of these days you won’t be a newbie anymore and then you would also want to pass on your knowledge to the new traders.
So please don’t be scared, ask away!
August 28, 2015 at 11:31 am
Hi Nickolas & Wayne,
Thank you for adding terms to the Glossary! I am sure there are plenty more terms that people will be adding to the list, which is good.
I have a saying I would like to add: “I am in the money honey!” LOL Something we say when we win a trade/expired In-The-Money.
Once again thanks for the contribution guys!
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