{"id":14490,"date":"2017-01-16T11:14:12","date_gmt":"2017-01-16T11:14:12","guid":{"rendered":"http:\/\/www.binaryoptions.net\/?page_id=14490"},"modified":"2025-12-02T19:06:18","modified_gmt":"2025-12-02T19:06:18","slug":"binary-options-books","status":"publish","type":"page","link":"https:\/\/www.binaryoptions.net\/books","title":{"rendered":"Binary Options Books"},"content":{"rendered":"<p>From knowing how to read signals through to coming up with your very own strategy, even the most experienced traders can benefit from some outside input from time to time. While the best binary options brokers tend to offer hints and tips and dummy accounts for you to hone your skills, they\u2019re not the only source of insight available.<\/p>\n<p>Many of us resolve to \u2018read more\u2019 at various stages of our lives. So why not put that to practical use and settle down with a good binary options trading book? With this in mind, here\u2019s some suggested reading\u2026<\/p>\n<h2>Suggested Reading<\/h2>\n<h3><a href=\"https:\/\/www.amazon.co.uk\/Binary-Options-Unmasked-Anna-Coulling\/dp\/1507585640\/ref=sr_1_2?s=books&amp;ie=UTF8&amp;qid=1484000484&amp;sr=1-2&amp;keywords=binary+options+trading\" rel=\"nofollow\">Binary Options Unmasked<\/a> &#8211; Anna Coulling<\/h3>\n<p>For anyone still tentatively exploring binary options platforms and still trying to make up their mind, this book is worth close attention.<\/p>\n<p>\u201c<em>Is binary options trading for me?<\/em>\u201d: it\u2019s a simple enough question, but with so much inaccurate information and \u2018too good to be true\u2019 assertions about the risks associated with this form of trading out there, it can be a tough one to answer.<\/p>\n<p>Written from a critical yet open-minded perspective, Coulling\u2019s book seeks to give a \u201c<em>balanced and considered view<\/em>\u201d of the market. It gives introductory advice on how to use these instruments and outlines some basic trading strategies. The book is also particularly strong on describing the \u201c<em>traps for the unwary<\/em>\u201d: the various tricks used by a handful of unscrupulous companies to lure novice traders on false pretences.<\/p>\n<p>The view is that binary options in themselves are perfectly valid trading instruments &#8211; but they can also be surefire ways to lose money quickly when approached in the wrong way. This book can help you stay on the right track.<\/p>\n<h3><a href=\"https:\/\/www.amazon.co.uk\/d\/cka\/Binary-Options-Fixed-Odds-Financial-Hamish-Raw\/1905641532\" rel=\"nofollow\">Binary Options: Fixed Odds Financial Bets<\/a> &#8211; Hamish Raw<\/h3>\n<p>This book has been around almost as long as the binary options as a trading instrument itself, yet it remains one of the clearest explanations of how binaries work in practice.<\/p>\n<p>For the author, the simplicity of binaries is one of their greatest strengths; right from the outset, he is keen to point out that anyone who bets on the likes of the Grand National or Kentucky Derby is taking out a binary option, albeit in a different name &#8211; that of a fixed odds bet. In theory therefore, binaries offer an accessible way to put market knowledge to work &#8211; in what ought to be a limited risk environment.<\/p>\n<p>Using this as a starting point, he goes on to explore the range of \u2018bets\u2019 that can be placed and the significance of time, volatility and price (the &#8216;greeks&#8217;) in driving the value of that bet.<\/p>\n<p>Far from dismissing the fact that binary options are, in effect, a form of gambling, this book is refreshing in that it embraces the language of betting to explain &#8211; in a relatively simple way &#8211; how this financial instrument works in real life.<\/p>\n<p><img loading='lazy'  decoding=\"async\" class=\"img-responsive aligncenter wp-image-14496 \" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/fixed-odds-Hamish-raw-min-300x185.png\" alt=\"fixed odds hamish raw\" width=\"340\" height=\"211\" srcset=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/fixed-odds-Hamish-raw-min-300x185.png 300w, https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/fixed-odds-Hamish-raw-min.png 594w\" sizes=\"(max-width: 340px) 100vw, 340px\" \/><\/p>\n<h3><a href=\"https:\/\/www.amazon.co.uk\/Generate-Daily-Income-Financial-Market-x\/dp\/148283863X\/ref=pd_sim_14_4?_encoding=UTF8&amp;psc=1&amp;refRID=WF6HQB76DV53VYCPR0BS\" rel=\"nofollow\">Generate Daily Income from Financial Markets: a beginner\u2019s complete blueprint of trading binary options<\/a> &#8211; Sid Bhattacharjee<\/h3>\n<p>Aimed at newcomers, this book provides a personal and pragmatic overview of binary options as a trading instrument.<br \/>\nIt provides information on the various markets available and also includes insight on how to get into the right frame of mind for trading. Particularly worth paying attention to is a \u201c<em>4 week plan of action<\/em>\u201d for new traders. It gives tips on choosing a platform, starting off with a trial run, before graduating to trades with real cash.<\/p>\n<h3><a href=\"https:\/\/www.amazon.co.uk\/Candlestick-Charting-Dummies-Russell-Rhoads\/dp\/0470178086\/ref=pd_sim_14_5?_encoding=UTF8&amp;psc=1&amp;refRID=WF6HQB76DV53VYCPR0BS\" rel=\"nofollow\">Candlestick Charting For Dummies<\/a> Russell Rhoads<\/h3>\n<p>If you have ever needed a quick, no-nonsense overview of a complicated area, there\u2018s a good chance that you\u2019ve reached for a For <strong>Dummies<\/strong> books in the past. With simple prose broken down into bite-size chunks and plenty of diagrams, this series of instructional manuals rarely disappoints.<\/p>\n<p>Helpfully, the series includes a number of titles of interest to traders, including <em>Technical Analysis For Dummies<\/em> and <em>Currency Trading For Dummies<\/em>. This volume, dedicated solely to candlestick charting, is a good read for anyone who might be struggling to get to grips with this particular area of analysis.<\/p>\n<p>Candlesticks are information-dense, highly useful means of identifying trends, providing traders with details of opening and closing prices, highs and lows and overall range &#8211; often over very short timeframes. They are a valuable part of any trader\u2019s toolkit &#8211; including binary options traders.<\/p>\n<p>This guide demonstrates how candlestick charts are constructed and how to interpret them. It shows how to identify bullish and bearish markets, how to avoid false signals and how to combine candlesticks with a range of other indicators.<\/p>\n<p><img loading='lazy'  decoding=\"async\" class=\"img-responsive aligncenter wp-image-14495 \" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/candlestick-sharts-for-dummies-min-300x188.png\" alt=\"candlestick charts for dummies\" width=\"379\" height=\"237\" srcset=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/candlestick-sharts-for-dummies-min-300x188.png 300w, https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2017\/01\/candlestick-sharts-for-dummies-min.png 550w\" sizes=\"(max-width: 379px) 100vw, 379px\" \/><\/p>\n<h3><a href=\"https:\/\/www.amazon.co.uk\/d\/Books\/Understanding-Company-News-Interpret-Announcements\/1906659222\/ref=sr_1_fkmr0_1?s=books&amp;ie=UTF8&amp;qid=1484001088&amp;sr=1-1-fkmr0&amp;keywords=how+to+interpret+financial+markets\" rel=\"nofollow\">Understanding Company News: How to Interpret Stock Market Announcements<\/a> &#8211; Rodney Hobson<\/h3>\n<p>It\u2019s common for the best binary options trading platforms to offer alerts services, whereby market news is delivered straight to users\u2019 smartphones. Frequently, this includes news relating to specific companies, such as annual results, share buying activity and profit announcements.<\/p>\n<p>For anyone who is still unfamiliar with how markets and companies work, it\u2019s easy to dismiss this type of data as \u2018noise\u2019. Yet quarterly reports and various other company news can act as valuable binary options trading signals; not least because stronger or weaker than expected numbers from big companies can in themselves trigger significant drops or gains in share prices.<\/p>\n<p>So how do you begin to make sense of your stock market news feed? This volume provides a thorough grounding. Although the emphasis is on UK companies listed on the London Stock Exchange, the broad principles explained are useful if you are taking a position on companies elsewhere in the world.<\/p>\n<p>There\u2019s some good background info on how, when and why companies are required to divulge certain information. It also gives you an overview on all of the routine statements companies are expected to issue, explaining all associated jargon. Crucially, the book shows you what type of announcements are likely to affect the share price &#8211; and in which direction.<\/p>\n<p>And finally, a further tip for reading around the topic of binary options: avoid anything which purports to be a surefire way to get rich quick. Make it a resolution to get to grips with your chosen market; it will serve you much better in the long-run.<\/p>\n<div class=\"brokers\">\r\n        <div class=\"ctawarning\"><i>Your capital is at risk. Never trade with more money than you can afford to lose.<\/i><\/div>\r\n    <div class=\"disclosure\"><a href=\"https:\/\/www.binaryoptions.net\/about-us\/advertising-disclosure\" target=\"_blank\">Advertising Disclosure<\/a><\/div>\r\n    <div class=\"table-wrapper\">\r\n    <table>\r\n                <thead>\r\n        <tr>\r\n            <th><\/th>\r\n            <th class=\"left\" rel=\"main\">Broker<\/th>\r\n                                                            <th>Min Deposit<\/th>\r\n                        <th>Expiry Times<\/th>\r\n                                    <th><\/th>\r\n        <\/tr>\r\n        <\/thead>\r\n        <tbody>\r\n\r\n        \r\n        \r\n                                    <tr>\r\n                <td>\r\n                    <div class='clickable' onclick=\"window.open('\/go\/pocket','_blank');ga('send', 'event', 'alink', 'toplist', 'pocket option');\"><img loading='lazy'  decoding=\"async\" width=\"150\" height=\"50\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2021\/08\/pocket-option-logo-150x50.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"pocket option logo 150x50\" \/><\/div>\r\n                <\/td>\r\n                <td class=\"review\" data-label=\"Review\">\r\n                    <a href=\"https:\/\/www.binaryoptions.net\/pocket-option\" title=\"Pocket Option Review\">Pocket Option<\/a>\r\n                <\/td>\r\n                                                                            <td data-label=\"Minimum Deposit\">$5<\/td>\r\n                                <td data-label=\"Expiry Times\">3 seconds - 1 month<\/td>\r\n                                                <td class=\"join\">\r\n                                        <span onclick=\"window.open('\/go\/pocket','_blank');ga('send', 'event', 'alink', 'toplist', 'pocket option');\">&raquo; 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Visit<\/span>\r\n                                    <\/td>\r\n            <\/tr>\r\n\r\n        \r\n                                    <tr>\r\n                <td>\r\n                    <div class='clickable' onclick=\"window.open('\/go\/closeoption','_blank');ga('send', 'event', 'alink', 'toplist', 'closeoption');\"><img loading='lazy'  decoding=\"async\" width=\"150\" height=\"50\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2023\/03\/closeoption-150x50-2.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" \/><\/div>\r\n                <\/td>\r\n                <td class=\"review\" data-label=\"Review\">\r\n                    <a href=\"https:\/\/www.binaryoptions.net\/closeoption\" title=\"CloseOption Review\">CloseOption<\/a>\r\n                <\/td>\r\n                                                                            <td data-label=\"Minimum Deposit\">$5<\/td>\r\n                                <td data-label=\"Expiry Times\">30 seconds - 1 month<\/td>\r\n                                                <td class=\"join\">\r\n                                        <span onclick=\"window.open('\/go\/closeoption','_blank');ga('send', 'event', 'alink', 'toplist', 'closeoption');\">&raquo; Visit<\/span>\r\n                                    <\/td>\r\n            <\/tr>\r\n\r\n        \r\n                <\/tbody>\r\n    <\/table>\r\n    <\/div>\r\n        <div style=\"margin-top:10px;text-align: center;font-size:.9em;\">Learn <a href=\"https:\/\/www.binaryoptions.net\/about-us\/methodology\">how we test binary options brokers<\/a> and why you can trust our rankings<\/div>\r\n    <div style=\"margin-top:15px;text-align: center\"><a href=\"https:\/\/www.binaryoptions.net\/brokers\/\" title=\"Best Binary Options Brokers List\">Best Binary Options Brokers<\/a><\/div>\r\n\r\n                <div class=\"fixed\" id=\"brokers-fixed\">\r\n            <span>Top Broker<\/span>\r\n            <a href=\"https:\/\/www.binaryoptions.net\/pocket-option\" title=\"Pocket Option Review\"><img loading='lazy'  decoding=\"async\" width=\"150\" height=\"50\" src=\"https:\/\/www.binaryoptions.net\/wp-content\/uploads\/2021\/08\/pocket-option-logo-150x50.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"pocket option logo 150x50\" \/><\/a>\r\n            <span class=\"goto\" onclick=\"window.open('\/go\/pocket','_blank');ga('send', 'event', 'alink', 'toplist-fixed', 'pocket option');\">Visit<\/span>\r\n            <aside class=\"ctawarning\" style=\"flex: 0 0 100%;\"><i>Your capital is at risk. Never trade with more money than you can afford to lose.<\/i><\/aside>\r\n        <\/div>\r\n        <script>\r\n            window.addEventListener('scroll', function() {\r\n                const bfd = document.getElementById('brokers-fixed');\r\n                if (window.scrollY >= 800) {\r\n                    bfd.style.display = 'flex';\r\n                } else {\r\n                    bfd.style.display = 'none';\r\n                }\r\n            });\r\n        <\/script>\r\n        <\/div>\r\n    \n","protected":false},"excerpt":{"rendered":"<p>From knowing how to read signals through to coming up with your very own strategy, even the most experienced traders can benefit from some outside input from time to time. While the best binary options brokers tend to offer hints and tips and dummy accounts for you to hone your skills, they\u2019re not the only [&hellip;]<\/p>\n","protected":false},"author":2141,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/pages\/14490"}],"collection":[{"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/users\/2141"}],"replies":[{"embeddable":true,"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/comments?post=14490"}],"version-history":[{"count":3,"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/pages\/14490\/revisions"}],"predecessor-version":[{"id":23293,"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/pages\/14490\/revisions\/23293"}],"wp:attachment":[{"href":"https:\/\/www.binaryoptions.net\/wp-json\/wp\/v2\/media?parent=14490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}