As gold has skyrocketed in value and now dances at a price-per-ounce that reminds us of the year of the French revolution, we are now moving more into the field of owning oil and holding on to it for several months at a time or even longer. Binary options traders now trade oil like they would gold, specifically because its price is loosely connected to work events which give binary trading a slight advantage in predictability and hence profitability.
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| Binary Trader Art |
"We haven't seen binary options trading of oil on this volume in nearly, well, never..." said Peter Green, a trading consultant based in South Carolina, "Aside from fueling our cars and houses, it now looks like oil is also fueling our speculation economy"
According to another source that declined to give her name, binary options trading and oil mix very well because of the volatility of the market combined with the markets dance on the coat-trails of political events. This provides a stable and predictable investment model that many binary options traders are able to take advantage of.
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