How to Trade Binary Options

My first comment right out of the box is: "Dana DeCecco, where have you been all my (trading) life?!!" Reading (and re-reading) this amazing little less-is-more e-booklet was a breath of fresh air and an inspiring wake up call to a bloke like me, who, despite nearing my 3rd anniversary as a Nadex member has yet to graduate out of trading mediocrity/ merely breaking even, or worse. Dana shows a lot of blunt tough love to those of us who over-engineer our trading system(s), thinking our over-engineering will lead to the Holy Grail, because as he argues, there is no Holy Grail, and he's damn right. There isn't. Dana is also the first author-mentor who has succeeded in teaching me -- a math/ geometry/ graphs phobic -- basic technical analysis, and converting me to such from my long (unsuccessful) reliance on subjective fundamental analysis. Note that years ago I tried to digest Abe Cofnas' $45+ Wiley-published book on the same subject. No disrespect to Abe -- he's a Futures Magazine, forex and binary options icon -- but even as a very educated guy (I have a graduate degree from U.C. Berkeley and am an analyst-writer in a law firm as my day job), Abe's book was too professorial and didn't reach me. Dana's book does reach me. He's like the salty minces-no-words bartender who you tell your troubles to and he gives you superior advice than any M.D. psychiatrist could ever give. Finally, before I sound too worshipful of Dana/ the book, I will say it has a few minor flaws. There are a few typos/ grammatical errors, but far less than I've seen in other e-books. There also are a few places where the book strays to principles (such as margin rules or stop losses) that only govern trading leveraged spot forex, straight futures, or traditional options, but there's not a caveat that such are inapplicable to binary options (but, in the majority of places Dana does clearly distinguish the former four instruments' similarities and differences). That said, my next step now is to read and then re-read all of Dana's other trading e-books and view his YouTube instructional videos. I'm on a trading moratorium and hiatus until I internalize all his teachings. Dana: Merry Christmas & Happy New Year to you and your family, and thanks for your e-book (a true holiday gift)! --Mark

GOOD BOOK ! LIKE THE STYLE OF TRADING

Great information on how to approach trading binary options.I highly recommend this book for people thinking about trading binary options.