OptionBit Digital Trading Tutorial
OptionBit Digital Trading TutorialJune 11, 2012
The following post is a step-by-step trading guide or tutorial designed to do the following things:
1. Explain, in the most simple and easy to understand way how to register an account with OptionBit, one of the more well-known and recommended online binary options brokers.
2. How to enter the cashier, make a deposit using a credit card, making a wire transfer or via Western union (OptionBit is currently working towards integrating an ewallet and paypal solution) depending on how you would prefer making your purchase and receiving your bonus or educational allowance.
3. How to select the underlying asset, it could be currencies, commodities, stock, or indices and make your first trade online.
First of all, simply click here and enter your details to start the registration process.
Secondly, enter the cashier section of the trading software and proceed to make a deposit using any one of the offered payment methods as described here.
Finally, on the upper menu you have digital, touch, or range options. Simply click on digital and proceed to select what you want to trade. Let’s say you want to trade currencies EUR/USD.
Simply click that option on the scroll down menu (notice the expiry time, and payout).
Then proceed to select call or put (above or below). For educational tools on how to develop binary options trading strategies simply refer to our strategy section. Then click on call or put, and choose the amount you want to invest (let’s say $1,000). Immediately you will see the estimated ROI which can be up to 81%. Make sure to check the rates at the top and compare it to other brokers.
Once you click the submit button your investment is made and depending on the expiry date or time you will see the outcome. The 60 second option is the one that gives my colleagues the most kick. It really doesn’t exist when looking at the more traditional options brokers, but its just one of many trading tools the Cyprus-based binary options brokers have that you can’t get anywhere else.
Options brokers like AnyOption, Tradesmater, Traderush, or OptionsClick (see reviews on right panel) will offer you unique proprietary tools like a demo account or options calculator designed to give you parameters such as the strike price, interest rate, implied volatility, and dividend yield. Some of them will also give you the Delta, Gamma, Theta, Vega, and Rho based on the options price. If this seems like Chinese to you simply click here and check out our glossary.
All of these tools can be found at right here in the strategies and guide sections of binary options reports. Also the in-depth reviews and analysis we have will provide you with a unique snapshot of the various binary options brokers, and how their trader rooms perform under pressure.
All of this information was put together by a professional team of seasoned Wall Street veterans designed to do one thing only – enable you not only to make money trading binary options online, but also do it in a way which will create a long, steady, and sustainable form of income based on our collective 60 of accumulated knowledge and experience, our growth models, and statistical analysis of stock and trading patterns.
If you want to start trading now simply click here and start making money today.