Make money online -Anatomy of a trade

This section is for those of you who are new to binary trading .In simple terms a binary is a true or false statement.For example Facebook shares might be selling  at $45 or more at 1pm on Monday .This statement will either be a true or false statement .

So let's say you bought a binary contract for Facebook shares >45 at 1pm Monday and the share price at 1pm is 45.03 , your statement is true and therefore your binary contract wins money .Below is a snapshot of a real binary contract with a true ending for a foreign currency pair traded on the nadex platform.

NADEX Your Position has settled Your position in the US 500 (Dec) >1802.1 (3PM) contract was settled on Tue Dec 10 15:00:03 EST 2013.

The details of your settled position are shown below for your reference: Settlement Details: Contract: US 500 (Dec) >1802.1 (3PM) Quantity: 1 Expiration Value: 1803.950 Payout Amount: $100

 Your positions and account balance have been updated accordingly. If you have any questions, please contact Customer Service at 1-877-77-NADEX. Best Regards, The Nadex Team Phone: 1-877-77-NADEX (877-776-2339) Email: customerservice@nadex.com Website: www.nadex.com For more information go to www.nadex.com .

There are a few tutorial videos to walk you through on how to place a trade at Nadex.com