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If they believe that the price of the asset will move up from the moment of entry until the time of the expiry of the option, they can choose a Call option. On the contrary, if they believe that the price will fall, they can.
If you arent the patient kind then you may even opt for 60-second trade although our experts encourage this type of trading only for more experienced traders. Once you authorize a trade the period of the contract cannot be changed. Common Types of Binary Options.
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If you have 100 in your account, your broker might not let you make 2 trades, but if they do, this is what you should be doing. This will ensure that your losses are always individually manageable. There are a lot of binary options brokers.
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