Before beginning any new undertaking it’s always wise to have a guiding plan in place with your goals and milestones. This is crucial i...Read More
WELCOME TO GERMAN BINARY OPTIONS TRADING
We are your source for all news and developments related to trading binary options in the German markets. Binary options have only been around for a brief amount of time and are steadily gaining clout amongst investors worldwide. They first gained mainstream popularity in 2008, following the historic 2008 economic collapse as investors looked for less risky investment tools. During the self same year, the US Securities and Exchange Commission (SEC) was the first regulatory body to officially list binary options as tradable items on international financial markets. Although many other binary options regulatory bodies have emerged since then, these financial instruments are still widely unregulated in many markets around the world. Germany is one such country that has not yet instituted laws governing the trading of exotic options or set protection measures against fraudulent stock brokers. As a trader, it’s important to conduct your due diligence prior to investing personal capital, particularly if you live in a country that does not have laws in place to protect you against illegal activity.
Our team has collated all relevant news related to sourcing reputable brokers, particularly if you’re a German trader. What’s more, we remain up-to-speed regarding all new laws and regulations related to exotic options and amendments to current legislations. Our website will also review all existing binary options platforms and their certification status. The aim is to provide you with all the tools necessary to safeguard yourself from the onset all the while building a solid trading repertoire. Our business blog will cover topics related to binary options strategies, risk management, money management and trading psychology. Whether fundamental, technical or sentiment analysis are you preferred techniques, we will fully address the merits of each style and how they can be implemented into your trading system. Risk and money management will cover establishing a risk to reward ratio and how much to invest in a single trade. For instance, it is advisable to not invest more than 5% of your capital on each trade. If your binary options account contains 1000 EUR, it is often recommended to not invest more than 50 EUR on a single position. You never want to be met with significant losses from the outset and wager more than you can afford to lose. Setting limits from the start that you must follow no matter the direction the trade goes in, will ensure that you are balancing your risk more often than not.
Setting limits also ties in directly with trading psychology. Maintaining your discipline in the face of opportune and adverse trading conditions will enable you to stay more consistent and ride the waves. Getting overly confident with winning trades or completely befuddled with losing ones, will only leave you with extremes, which is no way to create sustainable profits over the long run. Maintaining your composure and taking the middle road is a proven way to properly handle any situation, particularly if it’s a high-risk one.