Monday, October 31, 2011

Basic drawings by a binary options trading artist

Alternating Gradient Pyramid - Binary Options Art
One of the side perks of being a binary options trader (aside from the money) is that you have a magical sweet spot of about 20-30 minutes during each trade where you need to be near the computer, but not actively on it. The ideal scenario during this time is to simply draw it away.

These following images where created by a person in the throws of binary options trading. Some of the imagery is rather bizarre and not really related to binary options trading, or perhaps it is.
Brain Synapses Of A Binary Options Trader.

One aspect that many people don't realize, artist have a hard time getting started on their works, and also continuing it till completion. By involving art in the process of binary options trading, no only is the artist trading binary options better, they are also drawing more, which evolves any artist to be better. Rather than focusing on their lack of recent artistic activity and lamenting the days when they could trade, instead they are exercising their artist skills while making good use of their time.

Sunday, October 2, 2011

Down to the basics - binary option basics

I know that I have spent much time blogging here with tips and quips for trading binary options in a better and more uniform fashion, but I have gotten some letters from readers recently that show me that perhaps I need to explain what binary options are in greater detail, before I get into the nitty gritty of how to squeeze out more profits.

Binary options are trades which are made using the Black-Scholes formula and they basically let you invest on a very "Yes, No or Not Sure" type of decision making basis. For example on a high/low binary option, you have the choice if an asset will go up or down at the closing time 15 minute away, or you can simply not place any position. This binary aspect of the trading is what makes these options so unique. To properly learn how to trade binary options, you should just create an account and place bets of small money till you fully understand how the system works.