to a new trader to comprehend. With the exception of deciding whether the option will rise or fall, there isn't much guesswork involved. The trading of binary options is a relatively recent development. Since 2008, when they were made available over-the-counter, thousands of regular people have been able to trade them online and profit.

How do binary options work? These are also known as fixed return options, all-or-nothing options, and digital options. There are just two outcomes available with this sort of trade option: either the buyer receives a predetermined payout or nothing at all. The word "binary" also describes the notion that an owner need merely forecast whether the value of the option will increase or decrease.

The understanding of binary options is much simpler for the average newbie trader. With the exception of deciding whether the option will rise or fall, there isn't much guesswork involved. The prospective gain or loss is known and fixed. There is no risk of a buyer losing a lot of money. The initial investment itself is the only possible loss up to a certain point.

How then do you begin using binary options? Indeed, here is some information provided to us on 3 binary options method sites ranked in the order of earnings achieved within one week. Fortunately, there are some really outstanding technique sites out there to assist you start earning from binary options very quickly.

Number 1        www.60secondprofits.com by Keith Jones  

 
60 second profits is a strategy that has been created by ex-London Stock Broker turned independent trader Keith Jones.   He first hit the scene with his “Lazy Day Trader” method in 2011 that caught the eye of thousands of people that now trade regularly from home.  However Keith really pulled out the stops with his 60 second profits system in 2012 when he capitalized on a recent addition of 60 second options trading that was being offered by just 1 platform.

The first thing that immediately strikes you about his system is that it’s 100% free which is always a good thing.   But amazingly, you can start trading with just $5, and leverage this amount up to in excess of $7k a week according to the claims on his site.  Enter the site and you will be incredibly impressed as how effective his system is.   Not only does he have nearly half an hour of video explaining and demonstrating how the strategy works, but he has also accurately described the strategy in bite size sections so that it’s incredibly easy to get started, and more importantly get earning.   Keith claims that in 5 days of trading (Monday to Friday as trading is closed at weekends) you are able to leverage a grand total of $7291.50 by following his strategy to the letter.

Top Marks for this System at 5/5

Go to www.60secondprofits.com to check it out.

Number 2             www.GlobalMoney24.net by John Day

Global Money 24 takes a really great approach to trading binary options.   They factor in a method known as “Graphic Trend Analysis” which is where you study real time MetaGraphs to determine which assets you need to trade on.   Essentially you are using real time information from the global stock exchange and following trends that head in either an upward or downward direction.

The site features a video introduction on binary options as well as demonstrating how to use the tools they provide to start trading.  Results have shown quite a bit of success with this particular system, however the earnings were well under what some achieved with 60 second profits.   Just $3,213 in 5 days in this instance.

A good runner up, getting a 4/5

Go to www.globalmoney24.net to check it out.

Number 3               www.FreeBinaryOptionSystem.com by Earnest Daley

More of a joint second rather than a third place for the aptly named FreeBinaryOptionSystem.com.   Mr. Daley’s system for trading binary options centers around following the traders choice, and making several consistent trades to produce a profit.  Results provided show this system generated $3201, so really on a par with global money.

This strategy also gets a 4/5

Go to www.thebinaryoptionstrategy.com to check it out.

Binary Options trading certainly has its place in the world of investing and is certainly something to evaluate when you want to know how to make money online.  As with any investing your particular results may vary from those described above and remember you always invest at your own risk.