Wednesday, April 15, 2015

Binary Options Trading – Discretionary Income



Binary options trading gets better only when you get hold of financial vocabulary to express financial feelings.  In the end, the movement of market price direction is the expression of the spending pattern of the public.  Individuals will be able to take care of the rest of the activities of living only after fulfilling their basic requirements like in food, shelter, and clothing.  It is about the money they have for spending either for investment purposes, for future savings, or for personal desires.  Necessities come first.  The money left after requirements of life are fulfilled is what makes the discretionary income.

Typical household or individual expenditure includes rentals, electricity bills, water bills, utility bills, groceries, health care bills, educational bills, insurance, festivals and event expenditures and more.  It is only after these needs are secured, can the individual move on to the next level of enterprise and entrepreneurship.  However, the interesting thing is that without being an entrepreneur or worker of some kind it will be impossible for someone to meet up with the bills meant for living.  Wondering what binary options trading has to do with this, it is here the entire understanding lies, the pulses and sentiments  of a major percentage of the trading population is driven by the needs of life.  The desire based life is a second factor and traders need to understand this.
And, majority of the population is not armed with natural financial strength unless supported by credit.  So, the interesting thing about the economy is that credit enters in to the basic survival status of human beings.  When it comes to repaying credit people can do so, when they are able to sell the product or services they are equipped with.  Trapped in credit, people would not be willing to give away products and services for free because personal skill is the only credit worthiness of an individual.  Practically activities are the major value additions in the economy, when there is no activity there is no sale! So, as people trading in binary options trading, it helps to touch base with the reality of the fact that money should be paid for survival, at least for enough to survive.  And, this means you should keep track of the discretional income numbers to understand the directional indicators for binary options trading.