Binary Trading: Profitable strategies for binary betting

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Harriman House Limited, Apr 6, 2009 - Business & Economics - 272 pages
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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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Contents

Biography
vii
Preface
ix
Introduction
xiii
A Day in the Life of a FTSE Binaries Trader
3
Trading Strategies
15
The Key Bets
29
Shorting FTSE with BetOnMarketscom
49
Trading the News with Binaries
61
System Testing
169
The Psychology of Trading the Binaries
181
Binary Betting Rules
191
The Beginning
201
Directory of Binary Betting Companies
207
Futures Options and Binary Bets
211
Answers to Exercises
215
The 5 Point Trading System
219

Trading the Waves with Binaries
73
Trading the Spikes
91
Trading Failures the Mind of the Market and Trendlines
101
How Many Brains do you Think you Have?
117
Statistics and Probability
129
Developing a Trading System
145
Stops and Limits
225
Market Profile and Minus Development
231
LunchTime Trader and JPT
245
Index
249
Copyright

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About the author (2009)

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.

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