Jump to content
  • 0

Digital 100's


Guest novice0001

Question

Guest novice0001
Posted

Hi

 I'm very new to trading Digital 100's and would like to know if there is any info anywhere explaining how the whole process works. "How price is taken" and "selling early" etc? Thanks in advance.

2 answers to this question

Recommended Posts

Posted

Hi novice0001

 

I'm not sure if there is any info anywhere explaining the whole process.  There used to be some examples when they were called binaries - the IG website had some trade examples.  

The selling early that you quote would mean that you can sell them any time up to the expiry (or the lockout before expiry - normally 1min for 20min digital 100's or 10mins for the end of day ASX digital 100's).  So if you get in and think you've made a dud trade, you can close it out and minimize your expected loss.  Or vice versa, you can take profits before expiry.  

 

It sort of helps if you have a feel for options. The digital 100's were once called binary options - so a type of options contract - and they are priced using a similar method (quite complex maths).  But the standard elements of an option are still there for the digital 100 - time decay, an expiry time and price.

 

In my opinion, you need to first be able to understand the market you're trading (for me the ASX200).  If you have a good feel for how the price moves for it - then you can fit a digital 100 to any condition at almost any time to trade it.  

 

People here on the forum should be helpful if you need further explanation on how the whole process for digital 100's work anyway. Cheers.

Guest novice0001
Posted

Hi

Thanks very much for reply, your info is very helpful

Archived

This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • The recent market dip in $BTC has sparked discussions around whale activity, likely trapping traders before the next significant move upward. Such corrections are common and often serve to reset liquidity, paving the way for stronger gains. With Bitcoin dominance still below 59%, altcoins are seeing opportunities to reclaim ground and potentially exceed previous levels. It's crucial to zoom out and appreciate the long-term growth, as small setbacks often lead to substantial leaps forward. Meanwhile, the much-anticipated $4EVER token is set to debut on BingX with the following schedule: Deposit Time: 2024-12-10, 07:00 (UTC+0) Trading Time: 2024-12-12, 09:00 (UTC+0) Withdrawal Time: 2024-12-13, 09:00 (UTC+0) Don't miss the massive listing carnival pool featuring the 4EVER/USDT trading pair. As always, DYOR before trading.
    • Tezos (XTZ) is expected to recover and reach around $2 by  2024. By 2030 the price of Tezos might surge to as high as $4.70, driven by adoption and technological advancements.   Tezos is a groundbreaking blockchain platform that emphasizes decentralized governance and continuous protocol upgrades. Its native token, XTZ, is essential for staking, voting on protocol changes, and rewarding developers who contribute to its ecosystem, ensuring the platform remains adaptable and future-proof. Furthermore, Tezos was a trailblazer in adopting the liquid proof-of-stake (LPoS) consensus mechanism, offering enhanced flexibility and efficiency in network staking.   For a more detailed analysis of Tezos' future price movements and what might be ahead, check out the comprehensive Tezos price prediction article. Overview   Trading Views Tezos has seen a sharp upward movement leading into December, reaching highs close to $1.80. However, there has been a significant pullback over the last few days, with the price currently hovering around $1.40, indicating a correction after the recent rally. The price is testing support around the $1.40 mark, which could act as a potential floor if the price consolidates here. If this support level holds, we could see the price stabilize or start moving upward again, especially if market sentiment shifts back positively. Renowned crypto trader believes Tezos (XTZ) is primed for a breakout, with $2 on the horizon and $4 potentially closer than most anticipate – a move that could take many by surprise! Is Tezos (XTZ) a Good Long-Term Investment? Tezos could be a promising long-term investment, particularly during its current dip, with significant growth potential once the market enters a bull phase. The platform’s support for decentralized finance (DeFi), decentralized applications (dApps), and NFTs positions it as a valuable asset in the evolving blockchain space. However, it's essential to stay informed and base investment decisions on thorough research and analysis. What do you think about Tezos’ future? Is target achievable soon?
    • Few days ago, i made a price prediction analysis on $BGB that the token has the potential to hit above $5 this month. I just check and the token is currently trading above $3.25 and showing signs that it could continue it bullish trend and probably hit $5 in this December.  The exchange have continue to introduce many use  case for the token and if there could add BGB to every Poolx and give holders opportunity to stake the token then we could see above $5 
×
×
  • Create New...
us