Building an investment portfolio in binary trading is one of the more important aspects of your money-making strategy. Since binary options are very much a real-time financial derivative, identifying and taking advantage of momentary market situations is the essence of the profitability.
That is why the asset list composition is so important when analyzing what broker to choose. Some binary companies allure clients with long lists of assets which, ultimately, cannot give the flexibility to earn consistently. Others will have a rather limited amount of options to select from, yet the mix will be perfect for your needs.
Where do the TradeRush binary options stand in this equation? Understand their asset list with our in-depth explanation.
Building a binary asset list
When companies choose the assets that will become a part of their lists, the initial concern involves marketing and business efficiency. As a company that offers online trading to virtually anyone around the globe, being able to provide continual service is key.
Thinks of it as owning a store: would you rather be able to sell only 5 days a week, 8 hours a day; or practically 7 days a week, 24 hours a day?
In their attempt to satisfy clients from all over the world, binary options companies, including TradeRush or Cedar Finance, are concerned primarily in offering a basket of options that will allow traders to invest at all times.
TradeRush from Mecca to Japan
The list of TradeRush binary options makes more sense when we look at the languages in which this site is available? How are these related? We explain:
One asset type that is frequently seen in trading platforms are indexes and even stocks related to Middle Eastern countries such as Qatar or Saudi Arabia. The reason for the inclusions of these indexes is not so much their appeal as investment instruments, but rather that these markets are open on Sundays.
Sunday is a regular week day in most Muslim countries, and therefore their financial markets, stock exchanges and businesses are open on this day. It allows TradeRush and other binary brokers to offer traders in the USA and Europe the opportunity of trading live during the weekend.
Yet this is not enough. After all, stock markets are only open from 9 to 5. That is why assets from diverse time zones are offered as well. From Australia, to Hong Kong, to Japan, and throughout Europe and North America, brokers make sure to have access to an open market somewhere in the world, were assets are being quoted, and therefore binary options can be purchased. In that way, the traders always have an active option on the trading platform.
TradeRush Asset List
The TradeRush list is very much oriented that way. It has just about enough of everything to allow the company to offer trades around the clock. As a result, there are some tips you could use if you choose this binary options broker:
Binary predictions are all about oscillations. It is always easier to prognosticate the outcome of a trade when the market is sharply inclined in one direction. Therefore, the existence of certain volatile markets does help.
Small market stock exchanges, such as the ones from Arab countries, for example, tend to be much more volatile. This has pros and cons, of course, but if you learn the trends of these markets properly, you could benefit of their tendency to sway sharply.
For example, the Saudi stock exchange index, Tadawul, is known for having relatively sharp ups an downs, plus you benefit from it being open on Sundays. You can check out how it has fared using the Bloomberg charts.
Another strategy that can be used is opting for currency pairings between a very large and strong market, such as the US dollar, and a much smaller and dependent market, such as the Kiwi dollar. This again allows you to benefit from the oscillations that small market currencies experience in comparison to the three main economy powerhouses: USA, Europe and Japan.
TradeRush Binary Options Summary
The TradeRush asset list has mostly everything you need to create a reasonable portfolio. Nonetheless, the logic behind the list is related to creating a 24/7 experience for traders, rather than presenting them with a uniform basket of assets.
As a result, it is up to the traders to find the niche options that can bring the most consistent profit and provide a source for easier predictions. Many times, juxtaposing bigger markets against smaller ones is a method that will show clear trends to be explored.
Make sure to learn more about the shortcomings of this broker, as well as about financial assets and online trading. This will improve your chances of success and reduce the risks.