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I Have Funded My Betonmarket Account How Do I Start Trading? - Business - Nairaland

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I Have Funded My Betonmarket Account How Do I Start Trading? by mcsunny03yahoocom(m): 11:49am On Jul 19, 2012
My dear forumites i just funded my betonmarket account some few days back but i don't know when is the right time to place bet.can the bom gurus in the house help pls.
Re: I Have Funded My Betonmarket Account How Do I Start Trading? by Manweysabi(m): 12:57pm On Jul 19, 2012
mcsunny03@yahoo.com:
My dear forumites i just funded my betonmarket account some few days back but i don't know when is the right time to place bet.can the bom gurus in the house help pls.
you can start from here https://www.nairaland.com/986949/betonmarket-alerts-season-4
Re: I Have Funded My Betonmarket Account How Do I Start Trading? by 123gist(m): 12:38pm On May 16, 2013
donjoe1: here is the detail on how to go about it, the materials focus on "how" on betonmarkets.com, here is the elementory: What Is Fixed Odds Trading/binary option?
Fixed odds trading is essentially speculation on the outcome of an asset's future price movement. You don’t actually own the physical asset but you place a trade to take advantage of its predicted price movement.
For example, if you think that the Euro will fall against the dollar over the next two weeks, you could place a trade to profit from the move. Or you might think that the Sterling against the US Dollar will not touch $1.70 over the next 15 days. Again, you could place a trade on this outcome.
Firstly, you check the odds (or percentage return) that the broker is offering for your desired price level, bet type and selected time frame. Then, if you are happy with the return being offered, you place the trade. If your prediction proves to be right at the end of your selected time frame, you receive your profits. Maybe you traded to make a 25% return from this movement, maybe 40%, 100%, 300% or even more!
On expiry, profits are instantly credited to your account and can be withdrawn or used for your next trading opportunity. The configurable time frame for your trade means you can simply ‘dip’ into the markets as and when an opportunity arises. This allows you to profit from short term movements without being committed to holding an asset if the market turns against you.
Limited Risks
People who are familiar with Fixed Odds prefer to know, from the outset, exactly how much they can profit from each trade AND how much they can lose should a trade go against them.
When you place a Fixed Odds trade, your liability (i.e. what you could potentially lose) is fixed from the outset. This is because your maximum loss is limited to the stake you place on a trade. Similarly, you also know your potential profit at the outset. This is the amount you choose to win, minus the cost of the bet. The benefit here is that you can determine whether you are comfortable with the risk on a trade prior to actually placing it. Known risk! The exact return will, of course, vary and is dependent on the odds (the return percentage) you took at the time of placing the trade.
Knowing both your profit and loss prior to entering a market, allows you to make a calculated decision on the merits of a trade. If you don’t feel comfortable with the risk to reward ratio then you simply don’t place it! As a result, risk management on your account becomes much easier.
start up capital
Varies from broker to brokers but the platform i use accept as little as $10
and allow you to place your order for as little as $1 per trade
ADVANTAGE OVER FOREX TRADING
you can not loose more than you stake per trade.
for initial deposit of $10 you can place upto ten order but you cannot try that with forex trading.
visit the blog for detail
http://forexandbinaryoption..com
or
mail me fxnaija@ymail.com for the full copy of the book for free

please help me i dint have any idea on betonmarket or even forex and to tell you the truth am so much interested in learning it dont knw if you can help me compel a simplified e-book on betonmarket. i dont even knw how to fund my account just hem me please my mail is 123gist@gmail.com

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