The simplicity of binary options trading has opened up the world of online trading too many people who only a few years ago would have never ever considered themselves as financial traders. It is now possible with no financial or trading experience to begin trading with just a few clicks on a keyboard. However it’s not a sure fired way of making money and there are plenty of risks involved, however with a few basic binary options trading strategies it is possible to minimise your risks and in doing so increase your chances for successful trading. In the world of financial trading and in particular binary options trading there are many financial assets that are available to trade. A simple binary options trading strategy will focus on one asset in particular. If you are already knowledgeable about a particular asset then work with that or if not you can gather as much information as you can about this single asset, its past trends and patterns, economic implications and what external factors can affect the price. Overtime you will start to understand in more detail the reasons behind the movements in price. This will put you in a good position to be able to evaluate and predict the markets. This combined with the call and put options can be a profitable scenario.