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Knowledgebase: Binary options terms
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Long term
Posted by Lydia .A on 09 December 2015 05:42 PM
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Long Term Binary Option is ideal for experienced traders who prefer to put their market knowledge to good use to trade at a wider time frame. By taking into consideration the macroeconomic data and basic fundamental indicators, traders can have their positions open up to 1 year.
Long Term Options involve predicting whether the market will rise or fall within a specified time. The trading process is exactly the same for both Binary and Long Term options:
The difference of Long Term and Binary Options is that expiry time of assets for Long term Options is not on the same day.
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