How to trade in binary options pop ups
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Find the markets that fit your strategy. Different traders choose trades in different ways: Whatever your approach, you can easily select a market and choose an expiration and time frame. Nadex has binary options with expirations from five minutes to one week. A binary option is based on the question: Will this market be above this line at this time? If your answer is yes, you buy the option. If no, you sell. To decide on that answer, you bring your skills of analysis and your intuition.
What price levels are significant? What range will the market cover? What is the prevailing trend? The Nadex platform helps you decide, with robust charting and technical analysis tools, popular indicators, and drawing tools. Our powerful ladder charts, with buy and sell buttons aligned with the strike prices, let you place orders direct from the chart.
The order ticket makes placing trades simple and safe. Click on the contract and strike price, or the buy or sell button on the chart, and an order ticket will pop up. The ticket shows the live bid and offer prices, which change as the market moves.
Click buy if you think the option will be above the strike price at expiration, sell if you think it will be at or below the strike. The matching bid or offer price will be auto-filled. You can adjust the price and pick the number of contracts. Once the trade looks the way you want, click Place Order. Your order will be filled when another exchange member not Nadex takes the other side , and you will have an open position.
You have two ways to close your open position: The choice is yours.