The Pros and Cons of Binary Options [Aonori School - Mr. K]
This is Mr. K from Aonori School. Last time, I first explained what binary options are, considering the essence of binary options. This time, I would like to discuss the advantages and disadvantages of binary options.
Table of Contents
1. The three major advantages of binary
2. Compare profit rates with FX
3. Loss is always fixed
4. Knowledge of FX can be applied to binary as well
5. Points to be careful about in binary
6. Fees are relatively expensive compared with FX
7. Trading system is still in development
8. Proof by results — performance disclosed!
● Character count: 3590 characters (including headings)
● Images: 4
※ This article is a re-edited version of an article from FX攻略.com, July 2016 issue
The Three Major Advantages of Binary
I believe binary options have the following three major advantages.
① Consistent profit regardless of market conditions
② Loss can be limited
③ Ability to improve win rate
Now, let's explain these three advantages one by one.