Trading Basics
Binary Bet
A binary bet offers a win or loss outcome, nothing in between.
Binary options are now banned in the EU.
Other Trading Basics
ASX 200
A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Controlled Risk Bet
A trade where the maximum downside is predefined, usually with a guaranteed stop-loss order.
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