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[Music] so you heard about forex but you have no idea what binary options are im about to change your life so binary options is an all-or-nothing style of forex trading where literally youre only looking to place either buy or sell thats it super simple now why i prefer binary options over regular metatrader for style trading is because with binaries you control the exact risk that you put into each trade and its also time based so for example this was a two minute trade that i placed for a cell which means that i believe that the market is going to drop within the next two minutes if im correct well then i just made five bucks in two minutes if im not well then i just lose my money and there you go got my initial investment and my profit back nine dollars two minutes