We all have a toolkit bag that we carry with us for our jobs and hobbies. You've learned to knit because you took lessons and watched someone who was a pro. Maybe you've even learned some short cuts about knitting that have really helped you. So, too, if you're a binary options trader, it's a no-brainer that you should have tools in your toolkit to help you do better in the trading process. Two tools that you certainly don't want to be without are the black-scholes method and the geometric brownian motion. These formulas allow you to more closely predict what the price of gold will do in the next 24 hours, or how the price of a stock will fair. And with binary options, what it means is that it helps you to predict whether you should make your investment for a price to go up or down; to be in a range or outside of it.

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