The 10 Best Binary Options Books to Learn Trading

Specialist books on binary options are increasingly in demand as the investment and trading world becomes more aware of these nimble and limited risk instruments. Until recently, theoretical and academic work on the instrument focused on barrier and exotic options.

Now, with the availability of binary options books, the less experienced market participant can get a decent handle on these simple and easy-to-use instruments, which in turn is increasing interest in the binary platforms that offer them. Furthermore, as the market develops, a greater understanding of these instruments will be required as the savvy client demands greater education, bringing binary options books themselves further into the limelight.

The following is a selection of the top ten specialist binary options books currently available. Hamish Raw will be releasing ‘Exotic Binary Options’, the sequel to the very popular ‘Binary Options: Fixed Odds Financial Bets’.

The 10 Best Binary Options Books 
to learn 

Most important facts about Binary Options books to learn trading:

  • Specialist binary options books are increasingly popular as they offer both novice and experienced traders valuable insights.
  • Earlier focus was on academic perspectives like barrier and exotic options, but now the books are more practical and user-friendly.
  • Books cover various aspects from basic bets to advanced strategies, catering to both end-users and market-makers.
  • Hamish Raw and others are contributing to the literature, making complex topics accessible to a wider audience.

What makes a great binary options book?

The author’s credentials and experience in the field can serve as an indicator of the quality of a good binary options book. But that’s not all – a good binary options book doesn’t just scratch the surface, it dives deep. It offers not only theoretical knowledge, but also practical strategies that traders can implement. You can tell a bad binary options book from a good one simply by looking at the content presented. It should be well structured, starting with the basics and gradually moving on to more advanced topics, making it easier for the reader to follow along. The author must convey the knowledge in a competent and practical way.

Real-world examples and case studies can add immense value by providing context and making the material relatable. After all, you are the one who will have to apply the knowledge. In addition, a good binary options book will often include interviews or insights from industry experts to provide a well-rounded perspective on the market. This is how you recognize a good binary options book. Here we will show you some of the best ones in the market.

How to best use the knowledge from the binary options books

When you buy a book on binary options, you should not only read it, but also think about how you can put the knowledge it contains to use. But how does that work? After reading a binary options book, the next step is to put that knowledge into practice. Start by identifying the key strategies or insights that resonate with you. Write it all down and compare it to your previous knowledge. If you have new insights, it is time to put them into practice.

Then use a demo account to test these strategies in a risk-free environment. This will help you understand how different variables can affect your trading decisions. Keep a trading journal to record what works, what doesn’t and why. Over time, you’ll be able to refine your strategies and make more informed decisions. If there are exercises or quizzes in the book, make sure you do them; they’re designed to deepen your understanding. And don’t hesitate to revisit the book; even experienced traders find it beneficial to revisit the basics and refresh their knowledge.

Binary Options Book #1 – Binary Options by Hamish Raw


Binary options are the latest products to hit financial markets. From 5 minute FTSE100 bets offered by online bookmakers, longer duration FTSE100 bets traded on online betting exchanges plus binary bets offered by spread betting companies, all are offering the same instrument as the CBOT’s binary option on the Fed Funds rate. Hitherto, the largest single marketplace for binary options has been Lloyd’s of London where they are known as insurance contracts, while the sports enthusiast is unwittingly buying a binary option every time he takes a price from a sportsbook or bookmaker on this horse or that soccer team.

This book takes the same fixed odds to bet and illustrates how they operate in the financial marketplace.”Binary Options” initially outlines regular bets and explains the rationale defining some basic winning and losing bets. A deeper analysis follows in which the author examines how the value of a bet is dependent on the passing of time, the volatility of the underlying instrument plus the price of the underlying instrument.

More advanced bets are introduced with the reader then being shown when and how to profitably use binaries in various market conditions, followed by techniques in how to hedge the position entered into. The same format for regular bets is then followed when discussing one-touch bets.

In this first in-depth analysis of binary options, Hamish Raw has ambitiously catered for both the end-user and the market-maker. Diagrams are to be found in abundance throughout this book in order to graphically illustrate the author’s points.

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Binary Options Book #2 – Binary Betting by John Piper


The world of betting is changing dramatically – say hello to Binary Betting.

In recent years betting on sporting events and the trading of financial markets have been moving closer to each other, and binary bets are the result of this convergence. Binary bets combine the attractions of sports betting with the flexibility of the financial markets.

Binary bets allow punters to:

  • Bet on hundreds of different sporting and financial markets
  • Close out bets before the event takes place
  • Profit from spectacular price moves
  • Bet in unusual and unexpected ways – experienced traders will love this

This is the first book on binary betting and explains in simple language what binary bets are, how to trade them profitably and how to reduce risk. Within the book, there are many real-life examples of binary betting trades and minute-by-minute analysis of binary price behavior. In addition, the book includes inside tips from an experienced trader who uses binary bets in his trading day in and day out – discover the bet that pays out even when you get it totally wrong!

Find out what makes binary betting the fastest growing area of betting and why traders are switching to the new exciting world of binary bets.

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Binary Options Book #3 – Trading Binary Options by Abe Cofnas


An essential guide to the fast-growing area of binary options.

Long the province of professional traders, binary options are now offered to retail investors through the North American Derivative Exchange (Nadex) and a growing group of online binary options brokerages. Now, with this new book, author Abe Cofnas explains how independent traders and investors can use binary options to speculate on price movements and global events.

The great appeal of binary options is that they are less complex than conventional options and provide a simple method to trade based on an opinion of where the market is headed over a certain period of time. Engaging and informative, this reliable guide reveals how binary options work, what are the best binary options trading strategies, and when to use them.

Identifies the various markets in which binaries are available Offers insights on how binary options allow for opportunities to speculate on the direction of a market and receive a substantial payout Provides suggestions as to which markets provide the best liquidity and lowest trade execution expenses

As the first book solely devoted to this topic, Binary Options will provide retail traders with an authoritative guide to trading this exciting new market.

Binary Options Book #4 – Binary Options Winning Formula: Make Consistent Wins Every Time by Jerry Mans


Binary Options Winning Formula (BOWF) is a systematic and methodical approach to trade Binary Options.

BOWF equips the trader with top-notch binary options tools and knowledge allowing him to conquer this new market and make Return on Investment (ROI) in the range of 185% every single month. Trading is an investment and should be treated as a business in order to succeed. Have you tried binary options have you heard about a lot of hype out there? “double your money in no time…” “make money in less than 1 hour…” all this is true.

Binary options are definitely the new thing in town but like everything new, you need to learn about it and this is now available for you through binary options winning formula makes consistent wins using a simple formula is this realistic? The author of this book has done consistently lot of money using the formula of success. Binary options winning formula (bowf) the pertinent ROI reaches 80-90% per month even if only half of your trades are wins. This system is unique for trading all binary options types the one-touch, above/below, boundary, and so it goes on. You’ve got the link, make your own mind up!

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Binary Options Book #5 – The Binary Options Book Of Knowledge: Everything I Wish I Had Known Before I Started Trading by Christopher Carlson

Book Cover of The Binary Options Book Of Knowledge - Everything I Wish I Had Known Before I Started Trading by Christopher Carlson

Christopher Carlson’s book serves as an essential guide for newcomers to binary options. It covers a range of topics, from focusing on specific currency pairs to identifying the best times for trading. The book aims to equip traders with the skills they need to start their trading journey on the right foot, offering a blend of theoretical knowledge and practical strategies.

Binary Options Book #6 – Binary Options: The Beginner’s Guide to Trade and Profit by Edward Dorsey

Book cover of Binary options the beginners guice to trade and profit by edward dorsey

Don’t judge a book by its cover – this adage is especially true of this example. Edward Dorsey provides a comprehensive introduction to the world of binary options. The book goes beyond the basics, offering strategies and risk management techniques that are invaluable to traders. Dorsey even delves into how global events can affect the price of financial assets and their corresponding binary options, making this a must-read for anyone looking to gain an edge in binary options trading.

Binary Options Book #7 – Binary Options: Powerful Strategies To Dominate Binary Options by Jordan Sykes

Jordan Sykes offers a balanced approach to binary options trading. The book serves as a treasure trove of trading techniques and strategies that can help traders of all levels. From the basics to advanced strategies, this book provides a holistic view of the binary options market.

Binary Options Book #8 – Conquer 60 Second Binary Options Trading: A High Probability Technical Blueprint for Success by Matt Duffield

Book cover of Conquer 60 Second Binary Options Trading A High Probability Technical Blueprint for Success

Matt Duffield’s book zeroes in on a 60-second trading strategy for binary options, designed to capitalize on high-probability trading setups. This guide employs a mechanical approach to minimize emotional interference, using three key technical indicators to identify opportunities that offer consistent and reliable income. Packed with charts and real-world examples, it’s an essential read for intermediate to advanced traders aiming to refine their trading strategies for quick, consistent gains.

Binary Options Book #9 – Binary Options Unmasked: The good, the bad, and the downright dangerous!

Book cover of Binary Options Unmasked The good, the bad, and the downright dangerous

Anna Coulling’s book aims to reveal the true nature of the binary options market. It dispels myths and misconceptions, providing deep insights into market analysis. The book is designed to offer a rational perspective on how to get the most out of binary options trading.

Binary Options Book #10 – Beat Binary Options: Winning Financial Betting Strategies for Today’s Markets by Drew Kasch

Drew Kasch’s book is designed for intermediate to advanced traders. It focuses on helping traders gain a psychological edge in the binary options market. The book covers a range of strategies, each explained in simple terms and backed up with real-world examples. Kasch’s approach is practical, offering step-by-step techniques to help traders understand market trends and make profitable bets.

Some Frequently Asked Questions (FAQs) about books for learn trading:

Why are binary options books becoming popular?

They offer practical insights and strategies, making them valuable resources for both new and experienced traders.

What kind of topics do books about binary options cover?

Books about binary options cover everything from a basic understanding of betting to advanced trading strategies and risk management. Furthermore, they cover the different types of assets that can be traded using binary options, such as stocks, commodities, currencies and indices. The readers will get insights – both technical and fundamental – as well as tips on interpreting news events that may affect asset prices.

Are binary options books only for professional traders?

No, they cater to both novice and experienced traders, offering a range of topics suitable for all levels.

Do binary options books replace the need for a broker or trading software?

No, they are complementary resources that enhance understanding and strategy but don’t replace trading platforms. Books on binary options serve as educational tools to help you understand the market, its mechanics, and various trading strategies. They can give you the theoretical knowledge needed to approach binary options trading with confidence. However, they do not replace the functional role that a broker or trading software plays in executing trades.

Who are some notable authors in the field of binary options books?

Hamish Raw is one such author, known for making complex topics accessible through his books like ‘Binary Options: Fixed Odds Financial Bets’. Alex Nekritin is another reputable author in this space, who has written works such as ‘Binary Options: Strategies for Directional and Volatility Trading.’ His books often focus on strategies for successfully trading binary options and are geared towards both novice and experienced traders.

About the author

Percival Knight
I have been an experienced Binary Options trader for more than ten years. Mainly, I trade 60-second trades at a very high hit rate. My favorite strategies is by using candlesticks and fake-breakouts

Write a comment

  • Rogeria


    Bonjour Monsieur Witzel

    Je voudrais savoir si vous donnez des cours pour les options binaires.
    J’étudie seule et je ne trouve pas assez de contenu sur internet , pouvez vous me conseiller un livre à un cours? Merci de votre aide.
    Rogeria Teixeira