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Which one of the following two offers is more appealing to you?

Making a 70% return on an easy to understand, short time investment;

Joining a coin-tossing game in which when you loose you pay 1 euro and when you win you gain 70 cents.

Most people take the first offer and stay away from the second one. And yet … they are basically the same! Welcome to the wonderful dual world of Binary Options! You can play binary options merely for entertainment and have great fun.You might even win a lot of money, provided that you get lucky and do not stay long, just like in Vegas… Or, you can trade binary options for fun and profit. This is what this book is about: it is a practical step-by-step guide that shows you how to trade systematically, how to identify profitable trading strategies, and how to select and use a sound money management system. In short, how to have fun and make money!; Trading Binary Options for Fun and Profit: A Guide for Speculators; walks you through what you need to know and do to trade binary options profitably. Since this it is not a work of fiction you will not be shown the magic formula that will make you rich in the blink of an eye. Rather you will gain the fundamental knowledge and tools needed to become a successful trader. You will learn to develop your own strategies for trading binary options profitably. Actually, a lot of what is covered here is easily adaptable to other types of trading such as the stock and Forex markets and even to sports betting. That said you do not need to have any prior knowledge of binary options, trading or math. Just start reading at the beginning and proceed sequentially. All what you will need to know is clearly spelled out. If you happen to have previous knowledge of a topic you can proceed directly to the next one without losing context. However if you are in doubt it is better to read through. This book is fluff free so it won’t waste your time. Trading Binary Options for Fun and Profit: A Guide for Speculators; starts by defining what a binary option is and how it works, the main types of trades available and the criteria you may want to consider when selecting a binary options broker. Then it proceeds to explain why using trading strategies makes sense and where you can find ideas to create or adapt them. Ultimately you will want to know if your trading strategy makes money so it also shows you how to calculate the magic number that tells it all: its Expectancy. Since trading strategies are built upon technical indicators a very brief overview of Technical Analysis follows and some very common indicators are presented. Next explains the MetaTrader platform and shows you how it can serve as your own cost-free research assistant and trading signal provider. It then goes over the details of developing and improving a trading strategy using Excel and Expert Advisors (no programming knowledge needed). Money Management comes next: you will get to know several systems and in the process learn how easy it is to do a Monte Carlo simulation to test them (or to test anything else). The book ends with an overview of the complete methodology and leaves you with some final trading suggestions. Finally, in the Appendixes you will find several resources that are made available for free to the buyers of this book:

• Six spreadsheets containing templates for the Martingale, Paroli, D’Alembert, Fibonacci, Percentage of Bankroll and Kelly money management systems;
• Examples of trading strategies that backtested with winning percentages above 60%;
• An Expert Advisor that pops-out an alert window and plays a sound on MetaTrader each time a new trade is opened.

• Sales Rank: #1514832 in Books
• Published on: 2013-10-24
• Original language: English
• Number of items: 1
• Dimensions: 9.00" h x .35" w x 6.00" l, .45 pounds
• Binding: Paperback
• 146 pages

About the Author
Jos� Manuel Moreira Batista is a private trader and investor and manages private concerns. He started trading circa 2 BC and was lucky (gee... savvy would sound so much better) enough to sell all his positions before that fateful Monday in October 1987. He has held executive positions in several corporations - some still standing - and taught courses in Finance, Accounting and Real Estate. Of all places he lives in Cascais - Portugal, the Land of the Rising Tax. He can sometimes be reached at morbat.com.

Most helpful customer reviews

15 of 16 people found the following review helpful.
This book will pay itself if you read it.
By Steven Holt
Lately, I've been looking for a way to invest my money in some profitable ways. I didn't want to just put my money in the bank and get a 1 percent return that would barely make any money. I also didn't want to just waste my money on gambling and get rich quick schemes that never deliver. I heard about binary options and I decided that I should do some research on the subject. Although there is a lot of information on the internet on binary options....most of it is confusing for beginners or just incorrect information. I looked around for a book on Amazon and decided on this book.

This book is comprehensive and assumes you know NOTHING about binary options. The book takes you from the core fundamentals and principles of binary option trading all the way to the more advanced types of trading strategies. The wealth of information was exactly what I was looking for and for that reason I gave this book 5 stars.

The examples of developing a trading strategy were incredibly valuable. The large amount of examples of strategies helped me a lot when I started trying out trading.

It's important to realize that this book does not contain any "magic tricks" for making riches. This book will give you realistic skills that you can use to make some money. Overall, I'm happy that I invested the time and money to read this book.

7 of 7 people found the following review helpful.
A Must Read - You Learn How To Make Profit in Binary Trading!
By bookreader
This book " the trading Binary Options For Fun And Profit" gives the reader the necessary skills and practical knowledge needed to make a trading decisions. Jose Manuel Moreira Batista, the author walks you through what you need to know about trading binary options in order to make more profit. For a new beginner such as yours truly, this book helped me to understand all about trading. The fear i had about trading was fade away after reading it

The author reveals how much one can invest in trading. He presents some brokers to trade binary option. The author explains why some prediction may affect trading decisions and which trading tactic helps you to gain more money. He also explains when is the correct trading conditions, so that you don't lose money. The author also warns us not to jump into trading right after hearing news about political movements, oil ups and downs' pricing or anything that gives you an impression to trade right away and make more money. Mr. Batista teaches a reader which systems are better and which may not bring in profit.
I recommend this book to all who wish to trade and make money. A good read!

7 of 8 people found the following review helpful.
360 Degree Guide for Trading Binary Options
By John
This book really covers quite a bit of ground, and it does so in an easy to understand way. I enjoy speculating in the markets for fun, but I've been burned before, so I decided to get my boots back on and do more research and homework before heading out into the trenches again.

One reason I enjoyed this book is because the author breaks down complicated market terminology into easy to understand paragraphs. The book offers a full course of information of trading Binary options, from trading systems, to developing a strategy, understanding technical indicators, using the best computer platforms, and providing tips on money management.

It's extremely helpful that this guide is in Kindle eBook form because I can use the search function to quickly pull up information when time is of the essence. The $9.99 spent on this book might not only make you money in the markets, but also save you from losing, which is just as important. All in all though, his main approach is about having fun with trading, and being responsible. Well written guide. Recommended.

See all 19 customer reviews...

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