Welcome to Binary Options University!huge gains in a short period of time
How Can We Help?
need to be right in your predictions
select which direction you think it will gominimum of or per trade
Types of Options
there are two main types
This creates an illusion of simplicity
practice trading in real time
helps eliminate the learning curve
This is more than enough time to figure outExperience is something that you need to accumulate over time
Preparing For Your First Trade
a good money management systemTrading strategies can take months
Small movement of only a 1/10th of a pip
quality of their outcome is superior
you are risking is a tool
Selecting a Broker
which broker or brokers to use
More Than One Site
more than one brokerhave web based platforms
bonuses added to your trading accountstandard bonus amount is about 100 percent
trade 30 times the bonus amount
Conclusion: What Works Best For You
emotions start to come into playyou want to be as rational as possible
you can be very profitable
Watch video about learn binaryComputer Networking Tutorial - 22 - How Binary Code Works
Understanding Binary Code
Binary code is the language that computers communicate with and use to process information. Our human ability to communicate with others is done in a number of ways, through letters, numbers, symbols, signs, and sounds. In other words, we use our senses to communicate with others. However, a computers ability to communicate and relate information is done in a much different way - through 0s and 1s - this method of communication or computer language is whats known as binary code. To understand it you must first understand how it all works, so keep on reading and start learning and see if you can decipher the hidden code in the example below.
How binary code works
Binary code works by representing content (letters, symbols, colors) in a form that computers can understand. This is done by breaking the content down into a numeric system of two digits 0 and 1. To accomplish this, computers use electrical impulses switching OFF and ON to represent these two digit numbers. This can be better understood by understanding how a computer chip works.
A computer chip is made of millions of transistors that act as switches much like a light bulb in your home. If you want light you move the switch to ON to allow electricity to flow through the light bulb thus giving you light, but if you switch back to OFF the light goes away because the electrical signal is interrupted. The switching behavior from a computer chip is similar in the sense that it can only understand two results, ON and OFF. These results correspond well with the two digits numeric system of 1 and 0 best described as binary (1 representing ON and 0 representing OFF).
Every command that we give to computers is interpreted in binary language (0s and 1s), and everything that computers display back to us is display in a way that we can comprehend. For example the binary numbers for the letters A, B, and C are as follow: 01000001 = A; 01000010 = B; and 01000011 = C.
Here is another example: 01010101 01101110 01100100 01100101 01110010 01110011 01110100 01100001 01101110 01100100 01101001 01101110 01100111 00100000 01000010 01101001 01101110 01100001 01110010 01111001 00100000 01000011 01101111 01100100 01100101.
Understanding Binary Code
As you can imagine, we dont use 0s and 1s in our human language as a method of communication. It would take us forever to express ourselves. Computers on the other hand do this in seconds. The faster the computer hardware is, the faster it can perform this binary way of communication.
More information about learn binary
When 8 bits are grouped together, it is then known as a byte. And bytes are what computers use to represent various characters such as those you see on your keyboard.
For example, when a computer needs to represent a number or a letter in the alphabet, it will group 8 bits together to make a single byte. Remember: a bit can only be a 1 or a 0, so a group of eight 1's and 0's will be a single byte.
each item in the above sequences are a single bit different than the previous one
This is true for any Binary sequence. Whether it be numbers, upper case letters, lower case letters or any other alpha-numeric sequence. The caveat here is that you have to read the binary from right to left. Now do you see the pattern? If not, hover your mouse over the table and the pattern will highlight for you.
One final note before moving on... you may be wondering what the number 10 would be in the next sequence of Binary? Here's a hint: the number 10 will be a combination of two bytes (2 bytes = 16 bits, i.e., 16 1's & 0's).