Even when offered by legitimate sellers, binary options trading is a high risk investment where you can not difficult lose all that you invest. Check the list of capital markets services licence holders and the list of licensed commodity brokers to find out which entities are regulated in Singapore. Encouraged by initial profits and promises made by the platform staff about financial advice, more bonuses and attractive rewards, most of the investors found it difficult to stop at one small investment and will put in more money. Investments which promise high returns usually come with high risks. In reality, binary options are speculative and risky, and many online platforms offering binary options trading are fraudulent, police said. THINKING OF TRYING BINARY OPTIONS TRADING? Be wary of third party reviews, endorsements or success stories of binary option providers. Traders try to predict whether the price of the underlying asset will be above or below a specified price at a specified point in time. In these cases, the investors either lost all their money or could not withdraw the balances in their accounts. Police warned that binary options trading is attractive as it sounds simple and the option providers or platforms often promise high, quick and safe returns.
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You want to go to the next place you multiply by 10 again. The base two system often called the binary system is the basis of all modern computing. You only have one symbol right over here. Another day goes by, then it rained. One it takes a long time to write down. But you might say well how do we actually think in terms of binary? Zero or one 64s. You can almost view this as a base one system.
One bundle of one. Okay, I think I have a general sense of that. These 10 digits, these are our 10 symbols that we use in the base 10 system. Then we can move to the left of that. Then we can go two to the sixth. Well probably because we have 10 fingers.
So, this is the ones place. Well, how long has it been since we last rained. This is two to the fifth. Plus four, one four. It takes up a lot of space, and then later if someone wants to read the number they have to sit here and count. This literally means one, one. Or most of us have 10 fingers. This is just another representation. We can call that, multiply by two again, or two to the six is 64. So we can still call that the ones place.
We have zero 16s, zero eights. Everytime we go to the left, just like we multiplied by 10 here. So we could call that the twos place, and I can even write it out if I want. This is called the decimal system. We can move to the left of that. This means you have one 128 plus one 64, plus one 32, plus no 16s, plus no eights, plus one four, plus one two, plus one one.
What would this be? Obviously we could keep going on and on and on and on and on. That would be two to the first power. To just give us a little bit of a reminder how we use them imagine the number 231. It turns out that this number in decimal can be represented as 11100111 in binary. So this is the 10s place. And so what we do is when you use your calculator or whatever you might be operating in base 10, but underlying everything it is doing the operations in binary. And to solve this human beings have invented number systems. The number system that most of us are familiar with is the base 10 number system. So they would call this one, two, three, four, five, six, seven.
But very quickly you start to realize that this is a pretty bulky way of representing numbers. This right over here, this is two to the fourth. Then another day goes by. This is in the 10s place. Now another day goes by. Then we can go over here. So, all the way on the right two to the zero power is still one. Twos place instead of the 10s place. Notice, this is one 128. And 100 is the same thing as 10 to the second power. This would be two to the seventh.
And in binary you have two symbols. Then it would take up, possibly, a whole page and even when you counted you might make a mistake. This is two 100s plus three 10s plus one. And I can keep going. But what if we went to something slightly more complex, a base two system. And this two here, this two here is in the 100s place. Obviously every language in the world has different names for these. Then I could keep going.
On or an off state. You have zero and you have one. So, it was very natural to think in terms of bundles of 10 or to have 10 symbols. Instead of this space being the 10 to the second or the 100s place, it will be the two to the second, or the fours place. What does this represent? This place all the way to the right, this is the ones place. This is the ones place. To me, this kind of opened my mind to the power of even our decimal system. You get the 100s place.
So this literally means three 10s. Another day goes by. So, this represent two 100s. So this is the 64s place. That would be the 128s place. So you can see that these are going to be the same thing. Often called the decimal, the decimal number system. We could call that the 16s place. Well this would be two to the third, or the eights place. We could call this the 32s place.
That is the power of the base 10 system. So, you might be curious now.
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