Don't just trade binary options, live them.

Would Notorious BIG rap about binary options trading?

Aside from all the math and algorithms that go into the making of binary options, there is also the aspect of understanding the world and economics and how news factors into everything. I often trade binary options on www.optionsclick.com and have found that if you understand the markets of the assets of binary options then it is possible to make educated guesses and have more profitable trades. A lot of Japanese traders have been able to make a strong profit by using USD/JPY binary options since they are very familiar with their own currency market and how it is being shaped because of corrections and injections by the government to compensate for the Fukushima nuclear disaster and its economical and radioactive fallout. I would recommend that the first step in trading is to familiarize yourself with Frequently Asked Questions to Trade Binary Options - and then learn a bit about the assets and what is actually happening when you trade. 

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.

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.

The Black-Scholes Flaw

Maze of Binary Options Choices

The Black-Scholes Valuation formula is unique in it's regard to how it calculates binary options for trading. It has several assumptions that are programed into the model and there-in lies the problem. One of the primary assumptions for the Black-Scholes model for trading binary options is that there is access to risk-free capital. For many years this simply meant that gov't bonds were needed to secure risk free lending for this portion of the formula. As of around August 2011, the US credit rating was lowered from AAA to AA+ - this lowering of the credit rating effect binary options in that now rather than borrowing at a risk free interest rate, they have to pay the higher interest rate of less-safe bonds. The trading of binary options goes on and functions as usual, but rather than using US bonds, they are using German, or European instruments.

Binary Options Trading Art - Maze of Fun Funnel

Fun Funnel Maze - Binary Trading Artwork

Maze of a funnel system, sort of like a pinched bulls eye. Made this while at the same time trading binary options online and utilizing my creative abilities to remain calm during busy trading periods. I think this little tip is one of the best ways to improve your game while trading binary options

A few people I have recommended this to have come back to me with questions about what to draw and how to better draw. While I do have some tips on that matter, they are missing the point. Its best to just draw what you enjoy so that you can remove some focus from the binary options trading, but don't over focus on the drawing as it can serve as too much of a distraction when you look at it that way.

Thanks to this source for the binary options trading art