Profitable strategy for binary options first income. Binary Options - Simplified Way of Trading
As of today, I am selling my first manual binary trading strategy. I have three more, which I will soon list for sale. Live Binary Trading Example 1: Note: you are not required to execute multiple binary trades. It is possible to do, but not required in anyway.
Click here to see more of my trade history images : What is binary option trading? BO [binary-options] is a special kind of financial instrument. It allows traders to invest money in speculative currency trading. Are you wondering why people call it financial betting?
Make Money with Binary Options Trading
Well, BO is surely a financial instrument, but truth of the matter is, brokers execute no real trades in the inter-bank, or with any market maker. Binary trading is much simpler than forex trading.
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With forex brokers, you can actually trade currencies in the inter-bank, though you need much bigger investment to do that. Binary options are an alternative to forex trading and it helps you limit your losses.
What is the Best Binary Options Broker? Binary options trading hinges on a simple question — will the underlying asset be above or below a certain price at a specified time? If so, you can make substantial profits with one of the most straightforward financial instruments to trade. But what exactly are binary options, and what are their benefits and drawbacks?
Instead of losing huge amount of money, BO limits your profit and loss on a per trade bases. In BO trading, you simply choose the direction in which you think a currency pair is going. In forex trading, you have to use a trading platform such as MetaTrader 4. Many forex brokers also have their own web-based platforms.
Simplified Way of Trading
You can open a trade by buying or selling a currency pair; you can use Stop-Loss and Take-Profit features to trade effectively. Unfortunately, not many traders trade successfully in forex.
Binary trading is simple and easy to understand. However, you still need a working strategy to make profits. If you leave things to pure-guessing, then you are going to lose all your money to your binary broker. You need to find a system that works i. What is a binary option contract? A BO contract is simply a trade that you open with a binary option broker. Each contract, or trade, has a fixed expiry time. If it moves in the direction you predicted, then you win the trade.
Note that the asset price has to not just move but also stay above or below the rate at which you opened the trade. A trade can also end much easier to make money in a tie if the opening and closing rate of the asset is same at expiry-time. If you use a good system, you can earn good profits in this business.
What percentage of winning [in-the-money] trades is profitable?
This winning percentage will only keep your account profitable strategy for binary options first income positive. Your winning ratio should be at least ; for every three losing trades, you need to win seven trades to recovery the loss and make some profit. But why buy my strategy when you can get free ones online?
Yes, you can get your hands on many BO indicator- based trading strategies on internet. However, do you really think someone is going to publish a real money generating system online for every trader to see?
Even if someone does that, how long can such strategy work before it runs out of gas?
If we have to sum up everything said so far, it would add to saying: every binary options trader tries to forecast the future direction of currencies, stocks or commodities it is a matter of personal choice, but more on that topic later. Explained in its simplest form, everything is about going up or down, and if you want to become a winning trader, you will have to be able to predict the prices direction of movement.
I am going to show you few binary strategies now; these are available online free of cost. Remember, these strategies have nothing to do with my strategy; these ones are available online free of cost.
You can easily find them on internet. It is a small software traders use [mainly] in forex trading, but some brokers also allow binary trading using a special MT4 terminal. Installing and using Profitable strategy for binary options first income platform is easy; use Google to find details about it.
You can get a demo account with any forex broker, like Oanda. Download their MT4 platform and install it, then use the demo account to login. You should also learn how to read currency charts, specifically candlestick charts.
You can easily learn to read candlestick charts. After you install a MT4 platform, add all major currency charts to the main screen. Select 15 minutes period and change [if needed] the chart to show candlesticks instead of line-chart. You can easily analyze currency charts to find channels, or trends. Here is how the channel-surfing strategy works. As you can see, this chart is showing a channel going downwards.
Point A, B, and C are showing some interesting things. This is pure speculation and there is no guarantee that this is what is going to happen next. Look at the following image; it shows where the price moved next: What kind of success rate can you get with this strategy?
As I mentioned before, this strategy is a freely distributed on the internet, so do not expect high success rate.
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My personal profitable strategy for binary options first income is that you try this strategy in a demo BO account and see for yourself what success rate it enables you to achieve.
You cannot rely on profitable strategy for binary options first income charts and some lines. There are many things that influence the currency market and they can change trends in few seconds.
Price of currencies pairs, especially ones with USD in them, can move up or down sharply. It is wise to ignore, or not trust, any signal you get from channel-surfing strategy. When you are using this strategy to execute trades, my suggestion is to opt for longer trade duration.
Choose at cue ball bitcoin 45 minutes or longer trade expiry time.
Simplified Market-Reversal strategy Look at the following image: It is showing you few 15 minutes candlesticks; I want to focus your attention on only three of them namely A, B, and C.
Candlestick marked as A is showing a sharp pips move. After such a sharp move, you can expect a small market-reversal or correction. The reversal is not big and it does not last for a long time.
It [candlestick marked as B] tries to move up but fails. It only moves a bit higher than the previous candlestick. Look at the following image: When you get conformation from the second candlestick, you can go ahead and start a PUT, or down, trade.
The tricky part is what expiry-time to choose.
How to Succeed with Binary Options Trading 2021
Usually, 5 to 20 minutes expiry time yields the best results. This market reversal strategy does work but definitely not all the time. There are many reasons why an asset price can jump; you cannot possibly win every time there is a big sharp price change in a currency pair.
The basic idea is to trade immediately after a big news comes out or some market moving event takes place. As I have mentioned before, forex market is very sensitive to economic and political events.
For instance, when report of US unemployment rate comes out, the currency market becomes volatile; this is how the market reacts most of the time.
3 Best Binary Options Trading Strategies – winning 60 sec 80% ITM system
Anyway, the news market-reversal strategy dictates that you monitor the market just before a big news announcement is pending release. You need to watch the pairs that this event is going to affect the most. Focus on the pair that moves up or down the most. You can choose an expiry-time between 5 and 15 minutes.
The logic behind this strategy is that there will be some degree of retracement after the initial sharp move. The price temporarily moves in the opposite direction of the prevailing trend.
The reason behind this system is that a huge selling pressure is often followed by some buying period and vice versa. See this strategy in action in the following image: You are welcome profitable strategy for binary options first income use this strategy, but I suggest to first use it in a demo account.
Practice it and see what ITM you can achieve. If you find this strategy profitable, then by all means, start trading in a real binary trading account. Recovery Strategy This strategy is less about trading and more about recovering your loss. Assume that you execute a CALL trade with 30 minutes expiry time, but the asset moves hundreds of pips against you!
After few minutes, your position in the trade is bad and your chances of winning it are grim. The logic in this strategy is to start a second trade and select same expiry-time so that both trades end at the same time.
More importantly, you must choose the same direction that you chose in the first trade. I will try to explain it by showing you this strategy in action. These two candlesticks are showing a sharp move in a currency pair. This is when you can use the recovery strategy; you do that by executing another CALL trade at point B. Remember that the second trade must expiry at the same time as the first one does.
Sometimes this strategy amazes you; do you know why? Well, because sometimes on expiry time, you win both trades! Check the following image to see where the price moved next: 5.