Trading Binary Options to Simplify Trading Financial Markets When it comes to trading, there are many asset classes to trade. These include stocks, bonds, options, futures, commodities, foreign exchange (forex), and others. There are also many ways to enter trades. You can buy or sell stocks, or call and put options on them. With foreign exchange trading, you can buy it at spot, get a futures contract, or an option on futures.

Doing it all from a single account is not that common. For example, a typical online broker will offer its clients an opportunity to trade stocks and options. But not foreign exchange and commodities. On the other hand, a forex broker will not offer stock trading.

In addition, applying various ways to enter trades (such as options, spot trades, futures) can be complicated. But, What if traders were able to only concentrate on guessing the direction of a trend (either up or down)?

And what if they could trade many kinds of financial assets from a single account? Wouldn’t that be simpler? Of course it would. This is where the binary options brokers such as iCoption enter the picture.

Introduction to Binary Options

There are only two ways to bet on binary options. You can either Buy (Call option) or Sell (Put option). If the option closes above a pre-specified level, and you placed a Buy order, you win. Otherwise you lose.

On the other hand, if you placed a Sell order and the option closes below a pre-specified level, you win. Or lose if the opposite happens. (When you actually sell, you don’t need to own an asset. It is simply a short sale without the need to borrow that asset as with short selling stocks. )
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Negative Effects of Raising Minimum WageRaising the minimum wage isn’t always the best course of action for the American economy as a whole. The recent push to raise the minimum wage to $15 per hour has many negative effects that few people take into consideration. There are effects of raising minimum wage.

There are many negative effects of raising minimum wage in the United States.

Does the minimum wage need to increase? Maybe it does. Does it need to more than double, jumping to $15 per hour across the country? Probably not – I think that it’s a bad idea. There are negative effects of raising minimum wage too much and too fast.

Here are a few things to consider why jumping from the current national minimum wage of $7.25 to $15 per hour isn’t a good idea.

Fewer Jobs Are Created With Higher Minimum Wages

One of the negative effects of raising minimum wage is that fewer jobs are created. 

Many employers will choose to hire fewer employees than they would have done. If the federal minimum wage more than doubles to $15 per hour, many employers may be forced to hire one person instead of two for job openings. They will be forced to simply do without the additional help. Now one person will cost as much as two with a $15 minimum wage.

A higher minimum wage will also increase the costs of items that the average American buys. Do you think that the price of your McDonald’s Big Mac will remain the same if the fast food chain has to pay double for its labor costs?

We will start to see the cost of a lot of items in the country rise. It will bring about an across the board rise of inflation as a result too.
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Lies You Tell Yourself About Your Net Worth

I’ve been critical of J Money’s monthly net worth updates for years now. Every month, he keeps us up-to-date on his net worth increases on his popular personal finance blog, Budgets Are Sexy. It makes me depressed about my own lack of large numbers when it comes to my net worth. Don’t get me wrong. […]

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How to Improve Your Binary Options Trading

Trading binary options often gets a bad name because of how many people try to paint it as an easy means for making lots of money. However, the truth is learning how to trade options takes a lot of time and discipline. Once you get the hang of it you’ll see that the world of […]

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Buy A Certified iPad From Gazelle This Christmas

The holidays may be over a month away, but hopefully you have already starting to think about what gifts you’re going to give your family and friends this year. Well if you’re in need of some inspiration, what about an iPad? You may start thinking that an iPad seems like a mighty expensive gift, but it […]

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