You must have heard about the Non-Farm Payroll Release (NFP) Report that is released every month. The market often react violently to the release of the NFP Report especially when the released figures are different from the expected figures. Many traders love to trade this NFP Report. It can be highly profitable. You can use binary options to trade the NFP Release.
One hour binary options expire in one hour. You guess the direction of the market, take position with the BO contract and wait for the rest of the hour. Suppose, your market direction guess was wrong, you only lose the premium that you paid for the options. But on the other hand, suppose you had bet on the right market direction, you make as much as 75% by the end of one hour. Not, bad, huh!
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You can not only trade currencies with Binary Options, you can also trade stocks, stock indices and commodities with these binary options. You just make a guess and then wait for the market to react. Within one hour you make as high as 75% and in case you made a wrong bet you lose only the premium.
You can take position with a Put BO or a Call BO as the case maybe. Whatever, trading currencies, stocks, indexes or commodities with Binary Options can be highly profitable. Suppose, you trade four different currency pairs with these BOs and your bet on all the four pair comes true, you make a cool 300% return in just a matter of one hour.
Binary Options trading is like the loophole that has been opened up. Not many people know about them.