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When I first began trading Options back in October of 2010, there were only a handful of brokers at the time.
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One thing you quickly learn if you spend any time reading books about trading, is that the path to becoming an accomplished trader is littered with scams.
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They give chance to people with zero experience to join the trading world.
Introduction to Options - CBOE
The strike price may be set by reference to the spot price (market price) of the underlying security or commodity on the day an option is taken out, or it may be fixed at a discount or at a premium.
Binary option risk management:
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