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Description of Binary Trading

Over the last few years, the world of betting has changed dramatically thanks to the convergence of betting on sporting events and the trading of financial markets. A new type of betting has emerged which has become the fastest growing area of betting today - binary bets.

John Piper's 'Binary Betting' is the definitive guide to getting started with binary betting. Now he has written a second book for more experienced traders that takes binary betting to a new level.

'Binary Trading' assumes that you already know the basics and will show you in detail how and why:

- you need never use a stop again
- you can get the market totally wrong and still make money
- you can look forward to news items and trade them with impunity

Whatever your current trading strategy, you should consider how binaries could fit into your trading plan and make you money. This detailed and comprehensive book from an experienced trader will tell you just that whilst giving an inside look at the exciting world of binary bets.

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Title Information

ISBN:

9781905641710

Pages:

272 pages

Format:

Paperback

Product Code:

257314

Publisher:

Harriman House

Published:

06/04/2009

Edition:

1st Edition

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About John Piper

John Piper has been involved with markets since his early twenties. In the late 1980s he started to trade options full time and did so right through the Crash of 1987 - an experience that stands him in good stead for markets today.

For over a decade he has been the editor of The Technical Trader, the leading newsletter in the UK for those who trade futures and options markets worldwide. His articles bring a fine edge of analysis to markets and how they work.

He trades full time, making consistent profits, and now manages money for selected clients at Berkeley Futures Ltd. He lives in the Surrey hills but frequently trades from more exotic locations.

Contents of Binary Trading

Biography
Preface
Introduction

Part I - Essentials
1. A Day in the Life of a FTSE Binaries Trader
2. Trading Strategies
3. The Key Bets

Part II - Strategies
4. Shorting FTSE with BetonMarkets.com
5. Trading the News with Binaries
6. Trading the Waves with Binaries
7. Trading the Spikes
8. Trading Failures, the Mind of the Market, and Trendlines

Part III - You and Your System
9. How Many Brains do you Think you Have?
10. Statistics & Probability
11. Developing a Trading System
12. System Testing
13. The Psychology of Trading the Binaries
14. Binary Betting Rules
15. The Beginning

Appendices
I Directory of Binary Betting Companies
II Futures, Options and Binary Bets
III Answers to Exercises
IV The 5 Point Trading System
V Stops and Limits
VI Market Profile and Minus Development
VII Lunchtime Trader and JPT

Index