Many people are mistaken in thinking that a market has to rise for you to make money. In fact a market doesn’t even have to fall either. With Binary Options you can profit from a wide range of different outcomes in price movements which will allow you to take advantage of a number of different outcomes in the markets.
Often referred to as ‘short’ trading , this particular approach means that you can make equally high profits if price are moving up, down or sideways. This is particularly useful when there are no strong trends prevalent in markets to push prices higher. It also means for example, as suggested here that you can trade around the clock, taking advantage of markets at any time of the day.
When markets are neither rising or falling you will need to make use of the Boundary trade. This contract is available in binary options and will allow you to profit from range bound moves. Here is how it works. You select an upper level and a lower level on the chart. Once selected you can choose to profit if the price stays inside or moves outside of this range.
The two options are known as finishing ‘inside’ or ‘outside’ of the range. Both can pay high profits if you know exactly when to make use of them. For volatile markets you will want to specify that the price ends outside of the range to take advantage of the more violent price moves that will be experienced.