Think you know which direction the Dow Jones is headed? Start Trading!

GlobalOption provides users with a wide variety of asset categories to trade with. Binary options trading through indices like the Dow Jones Industrial Average (also known as the Dow 30) is an effective method for your binary options strategy.

The Dow Jones is a stock market index that consists of 30 of the largest Heavy industry companies. This includes a number of organizations from the U.S. industrial sector. The Dow Jones is said to be heavily influenced by political events as these events often have a sizeable effect on industrial firms.

Founded in 1896, the Dow Jones was created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is recognized as one of the most popular global indices for trading purposes and acts as a gauge of performance in the U.S. economy.

GlobalOption users can trade the Dow 30 through its binary options platform. Since the Dow is an index of 30 companies, it provides a pulse on how a sector is performing in a given geography, in this case the United States. Depending on how the industrial sector is performing in the U.S. the Dow will react accordingly.

The advantages to executing a binary options trade with the Dow Jones asset category is that its performance is widely publicized in the online and traditional media. This access to information will prove useful for investors and assist them in taking a view on if the index will rise (through a CALL option) or fall (through a PUT option). Once a user identifies how the Dow 30 is tracking, they can then make a bid on the GlobalOption platform.

After this first step, users can select to trade with the Dow by going to the Indices tab and selecting the Dow from the list of assets.

The next and final step is for users to identify if the price of the asset will rise (through a CALL option) or decline (through a PUT option). By conducting research on the Dow 30 in the first step of the process, users should have a clear idea of the best choice for trading with their binary options.

Since binary options work on trading times of hours to days, investors can quickly assess if their trading strategy is an effective one. Depending on the expiration time of the asset, fine tuning of the binary options trading strategy can be done quickly so results can be experienced shortly thereafter.

As the Dow moves with the overall market, a prediction can be taken by the investor that can lead to significant returns. Take the time today to place a bid on the Dow and experience the results first-hand.