The New World Of Binary Option Trading
When you save something on a computer, it saves it to a file. The information inside that file may be in one of many different formats. The file name extension, which is the part of the name after the last period in the file name, usually indicates which format is used inside the file.For example, Microsoft Word stores files with a.doc extension. Most files that you see on a computer, or that are attached in an email, with a.doc extension can be used by any Microsoft Word program on most any computer. It could also be used by any program that understands the format used by Microsoft Word such as Open Office.Another example would be a file that you save using Microsoft Excel. These files usually have an.xls extension. Any program that understands the Microsoft Excel format can read and understand those files. Programs that use these specific file types must understand the format of these files before they can make sense of them.In other words, If someone writes me a message in secret code, it's hard to understand that message until they give me the key to break the code. Programs that understand Excel or Word know the 'key' to break the code.
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Microsoft Word, Microsoft Excel and many other programs store the files in a binary format. I won't go into detail of what this means, but basically, if you were to look at the contents of a binary file without using a program that can understand the 'code' used for that file, it would look like gibberish. Binary format usually breaks the contents of the files into machine language, 1's and 0's, so that the computer understands it.Text Editors store their contents in human readable form. It uses characters just like you and I are used to seeing. If you were to look at the contents of a text file, you would be able to read it assuming it's in English or another Human language that you understand.Text Editors, by themselves, do not allow you to format any of the text. In other words, you can't bold a line or change the font size or change the font color or add pictures or anything like that. You can only have text - letters, numbers, special characters such as commas, periods, exclamation points, etc. You can also have spaces, tabs and line feeds or carriage returns (what you get when you hit the 'enter' or 'return' key on your keyboard).
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