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Forex Market Time
The market tends to assume that all PDs are close to the statistical average of past outcomes unless a definitive corporate action, such as a merger or acquisition, is in the works. If you follow the market or the particulars of certain stocks, industries or commodities, you may not agree with that. From time to time you may have a different view of the likelihood of certain events and therefore how prices may evolve. This tool gives you the facility to illustrate, to graphically express that view and to trade on that view. If you do not have an opinion of the PD as being different than the market's then you should not do a trade because any trade you do has a zero expected profit (less transaction costs) under the market's PD. The sum of each possible outcome (profit or loss in each interval) multiplied by its associated probability is the statistically Expected Profit and under the market's PD, it equals zero for any trade. You can pick any actual trade and calculate the expected profit to prove that to yourself. Thus, any time you do a trade with an expectation of profit, you are taking a bet that the market's PD is wrong and yours is right. This is true whether you are aware of it or not, so you may as well be aware of what you are doing and sharpen your skills with this tool.
* Amount to be credited to account in case of successful trade
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What is unique about binary options trading is that investors can take fixed odds bets on the direction of the market, unlike any other product on the market. What this means is you know exactly how much money you risk and how much money you will make if you made the right prediction. As these trades have short durations of a few days or few hours, positions are closed very fast and you know the result very soon.
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