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One hour from now the option contract expires (closes) and the contract is graded as a win or a loss, or in the money / out of the money. Gold goes up to 1613, you predicted correctly. You get your 100 back and a return.
The auto trading programs we have reviewed in this article will automatically generate trade signals and use them to place trades on the various assets in the market. The entire process requires minimal input on the part of the trader; hence making profiting in the.
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However, if the price of EUR/USD drops down to say 1.29 instead, the trader will have lost his initial investment of 100. Note that it does not matter whether the price of EUR/USD skyrocketed up to 1.40 or flash crashed below 1.00, both the profit.
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if it is your first time it would be prudent to start small with 100 until you get a feel of the market. Choosing the direction is binary options spread betting an assets value will take is all you need to do in this type of trading.i go into far more detail about how to learn using 10p a point in this free guide - How to Learn to Spread Bet is binary options spread betting and Prosper.
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