Price Action Trading For Binary Options in IQ Option or Olymp Trade or Binomo - #binarypriceaction

 As the words suggest Price[space]Action, the term has to be broken down to understand the definition practically. In simple words, Definition of Price: is the value of a stock or currency or asset at the moment. Just like today's gold, silver, or USD value with respect to any other currency. Definition of Action: is the movement of this price to a higher or lower value depending on supply or demand (in terms of stock) or increase or decrease in the economy (in terms of currency). The term 'price action' also includes a factor of time which basically is not visible by name but has to be considered to predict the direction of the price. That's why price action is the movement of an asset's price to a higher or lower direction within a given time period. The time period could be 1 Sec to 1 Year. While you read these lines, the price in a live chart under a 1-sec time frame would have moved up and down 20 or 30 times. Yes, this is how fast price moves when you see it

 Answer:  As far as my research on this topic, any outcome that you predict on pure chance, gut feel, and luck without any previous knowledge or understanding of the process is considered gambling. This also includes ignoring the risk and danger involved in the prediction. For now, let's leave online trading, let's just see an example of practical life. If a person invests in a business without knowing the risk to reward ratio, market needs, previous experience, then the person is gambling is what you should know. All that glitters is not gold similarly if a business works for many does not mean it will also work for a person who doesn't know A or B about that business. Let's come back to online forex trading. You need to understand the risk involved in it. like any business has profit, loss, risk, and reward involved in it, Forex, stock, or any online trading also involves profit, loss, risk, and reward it. This way if you see there are 4 types of traders in the field