NICOSIA, CYPRUS, October 30, 2010 (Press-News.org) Tradologic has launched new and advanced trading tools. These tools allow traders to close their options and take profit, cut their losses on their options, or to rollover their option expiry to the next time period.
By offering these new tools the users are able to take advantage of market volatility and their knowledge of finance markets. These tools cement TradoLogic in its position as the leading binary option provider.
Trading tools
Stop losses - A trader can execute this when he believes that his option is not performing as he expected and will not mature in the direction he predicted. For example, if a trader bought a one hour Call option and after 50 minutes he sees that the price of the underlying has decreased steadily, he could 'Close Now' to stop his losses.
Take profit - A trader does this when he believes that his option will not continue to perform as it has been doing so, and is poised to change direction. For example, if a trader bought a one hour Call option which is in the money with 10 minutes left to expiry, but is losing value rapidly, he can select to close the option early to ensure that he receives profit.
Roll Over / Extend - OptionBit's unique Roll Over feature enables traders to extend the expiration date of an option so that they can give an option a greater chance to expire in-the-money. For example, if a trader purchased a one hour Put option and ten minutes before the time of expiration the price of the underlying asset has still not decreased as anticipated, for a small premium the trader may extend the time of expiration to give the option the opportunity to be in-the-money
About Tradologic:
Tradologic is the world's leading binary options trading platform provider, offering innovative solutions to the financial trading industry. The company success is based on its commitment to excellence through full collaboration and goal-oriented interaction with her partners.
Tradologic offers its customers with a complete solution that includes: risk management, real-time financial data, storage servers, clearing, support, sales, and customer retention. During its years of operation the company has gained experience and knowledge in the developing and promising industry of binary options.
Tradologic CEO: "As the leading platform provider it is important for us to provide our white label partners with the most professional and effective tools for their traders. Our strong abilities allow us to keep expending and to look for new partnership world wide"
Copyright 2008-2010 TradoLogic Binary Options Trading Platform. All rights reserved.
Website: http://www.tradologic.com
Tradologic, the Leading Binary Option Platform Provider, has Launched New and Advanced Trading Tools
Tradologic, has launched new and advanced trading tools. The tools allow traders to close their options and take profit, cut their losses on their options, or to rollover their option expiry to the next time period.
2010-10-30
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[Press-News.org] Tradologic, the Leading Binary Option Platform Provider, has Launched New and Advanced Trading ToolsTradologic, has launched new and advanced trading tools. The tools allow traders to close their options and take profit, cut their losses on their options, or to rollover their option expiry to the next time period.