The 4 best Binary Options books for learn trading.
Specialist binary options books are becoming increasingly in demand as the investing and online casino trading world is becoming more and more aware of these dextrous and limited risk instruments. Until recently theoretical and academic work concentrated on the instrument in terms of barrier options and exotic options.
Now binary options books are available enabling the less experienced market operator to get a decent handle on these simple and easy-to-use instruments which in turn is increasing the interest in the platforms offering them. Furthermore, as the market develops a greater understanding of these instruments will be required as the savvy customer demands greater education bringing binary options books themselves further into the limelight.
The following selection is the four specialist binary options books available at present. Hamish Raw, within the next few months, sports betting will be bringing out ‘Exotic Binary Options’, the sequel to the very popular ‘Binary Options: Fixed Odds Financial Bets’.
What you will read in this Post.
Binary Options Book #1 – Binary Options by Hamish Raw.
Binary options are the latest products to hit financial markets. From 5 minute FTSE100 bets offered by online bookmakers, longer duration FTSE100 bets traded on online betting exchanges plus binary bets offered by spread betting companies, all are offering the same instrument as the CBOT’s binary option on the Fed Funds rate. Hitherto, sports betting the largest single marketplace for binary options has been Lloyd’s of London where they are known as insurance contracts, while the sports enthusiast is unwittingly buying a binary option every time he takes a price from a sportsbook or bookmaker on this horse or that soccer team.
This book takes the same fixed odds to bet and illustrates how they operate in the financial marketplace."Binary Options" initially outlines regular bets and explains the rationale defining some basic winning and losing bets. A deeper analysis follows in which the author examines how the value of a bet is dependent on the passing of time, the volatility of the underlying instrument plus the price of the underlying instrument.
More advanced bets are introduced with the reader then being shown when and how to profitably use binaries in various market conditions, followed by techniques in how to hedge the position entered into. The same format for regular bets is then followed when discussing one-touch bets.
In this first in-depth analysis of binary options, Hamish Raw has ambitiously catered for both the end-user and online casino the market-maker. Diagrams are to be found in abundance throughout this book in order to graphically illustrate the author’s points.
Binary Options Books #2 – Binary Betting by John Piper.
The world of betting is changing dramatically – say hello to Binary Betting.
In recent years betting on sporting events and the trading of financial markets have been moving closer to each other, and binary bets are the result of this convergence. Binary bets combine the attractions of sports betting with the flexibility of the financial markets.
Binary bets allow punters to:
Bet on hundreds of different sporting and financial markets Close out bets before the event takes place Profit from spectacular price moves Bet in unusual and unexpected ways – experienced traders will love this.
This is the first book on binary betting and sports betting explains in simple language what binary bets are, how to trade them profitably and how to reduce risk. Within the book, there are many real-life examples of binary betting trades and minute-by-minute analysis of binary price behavior. In addition, the book includes inside tips from an experienced trader who uses binary bets in his trading day in and day out – discover the bet that pays out even when you get it totally wrong!
Find out what makes binary betting the fastest growing area of betting and why traders are switching to the new exciting world of binary bets.