Your Binary Options Trading Strategy Should Let Go of These Myths

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Your Binary Options Trading Strategy Should Let Go of These Myths

Binary Options Trading Strategy & Ideas

Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don’t know how to use it optimally.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don’t know how to use it optimally.

Re: BINARY OPTIONS TRADING STRATEGY & IDEAS

Dear Friends,
We all are small traders and this site is helping for all new traders like me. Mr. Mladen, Mr. Tools, Mr. Mtiwana, etcc. are the good heart team to help us.
This page is mainly for the IDEAS, EXPERIMENTS of Stratgey for “BINARY OPTION TRADING”. Also expecting EXPERT TRADERS and CODERS are also in this forum can helps the new traders and share their experience.

Myths about binary options trading

The popularization and widespread development of private online trading resulted in the emergence of a network of myths associated with trading in the financial market and, in particular, with binary options. The Internet is a free information space, so the birth of false opinions is widespread here. Against this background, many potential investors find it difficult to understand what is real and what is fiction. Today we offer you to understand several basic myths of binary trading, which will undoubtedly help you to assess the potential of this area of ​​financial detail.

The first myth: binary options is a scam!

The bulk of non-professional traders and all sorts of home-grown “experts” say that binary contracts that are offered on the network are an illegal tool aimed at divorcing users for money. Such statements cause serious reputational harm to binary options and become an obstacle to the path of potentially successful traders. Of course, losing money here is real and, probably, this is the reason for the negative opinion of traders, but on what do they not lose money? Deception is present in all spheres of human activity. If you understand the facts, it becomes more and more clear and understandable.

First, binary options are a legal instrument of financial online trading, which is used by many brokers and financial institutions to make a profit. Yes, the binary option algorithm raises some questions: it uses a fairly primitive method of generating revenue in the form of a standard betting bet that is exactly limited in time:

But this does not mean that this tool must be attributed to gaming. No, this is a format of an exchange contract, adapted for the work of online investors.

Secondly, binary options are regulated by a huge number of state institutions that oversee not only this type of contracts. It turns out that “experts” do not quite understand what they are talking about and mislead the bulk of traders.

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  • Binomo
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Summing up the subtotals, binary options are not a divorce, but a way of making a profit in the financial market, which can lead to high results.

The second myth – all brokers deceive customers!

The problem of loss of investment funds grew along with the popularity of the trading tool. As soon as investors paid attention to binary options as a way of quick enrichment to the market, scammers came out as well, who tried to make money on frivolous market players and newcomers who did not understand anything in trading yet. This is quite natural, because large-scale finance attracts unscrupulous elements! But today there are few platforms where they engage in frank deception and this is facilitated by the activity of market regulators and the growing experience of traders of binary options.

To this myth does not become your sad reality, it is enough to choose the right trading partner to work in the market. Here are a few simple and affordable recommendations:

– We choose a company with a marketing license, preferably a national regulator
– We work with brokers who provide a professional and technically functional trading terminal
– When choosing a partner, we are guided by broker ratings and reviews in the network

A simple example is the brokers from our TOP 3, which today are considered the safest and professional trading platforms for options. These operators of the market offer high-quality trade services for partners, safety of investments of clients, provided with regulators, occupy high positions in specialized ratings and have an excellent professional reputation. Cooperating with these brokers, you will not run into problems and will work in the most comfortable conditions.

Hence the conclusion: deception on broker platforms up to a certain point was a reality, but with the introduction of market regulation and the professional growth of traders, deception in option trading becomes a myth and an extremely rare occurrence!

Myth three: binary options – it’s difficult!

Perhaps, this is the only myth of binary trading, which has the right to life. Indeed, option trading is not an easy task, despite advertisements and various professional recommendations. Trade in binary contracts is connected with forecasting movements of quotations of financial assets, and no matter how simple the option is, it is the definition of market trends that is the main problem! In addition, in trading options are purely statistical risks that lead to a loss of funds. Against this background, we can say that trading options is difficult! But this can only speak non-professionals. Specialists and experienced investors know how to make trading stably profitable and simple occupation.

To do this, you need a few simple things that can be characterized by such a list:

– Market evaluation strategy. A set of forecasting tools, options for processing options.

– Financial discipline. This is necessary to curb the excitement of the trader and reduce trading risks in the trading process

– Psychological stability. To follow the first two recommendations, the investor needs to be calm and balanced, and most importantly – to clearly assess their potential in a specific market situation

Binary options are a simple way of earning money, but only for experienced and professional investors. However, this does not mean that a beginner can not succeed here: if you follow the rules of trading and work on the strategy, the financial result is a regularity, and not an exception!

“General Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.”

5 Most Common Trading Strategies You Need to Know

The number of existing trading strategies is enormous. Some of them work perfectly, while the others demonstrate lackluster performance. Today we are taking a closer look at 5 popular strategies that you should know and think about giving them a try. Chances are, you will find a strategy that fits your personal trading style.

Momentum Trading

The momentum strategy is easy to understand (but not always easy to implement) — when following it, traders wait for the asset to demonstrate rapid movement and then open the deal . The move can be in either direction, as you can open both long and short positions.

Both technical and fundamental factors can trigger massive price movements and should, therefore, be watched closely by the trader. In case of publicly traded companies, earnings reports and major news are the type of events you are looking for, as both have the potential to change stock prices by a lot. For currencies and cryptocurrencies, technical factors are just as important. Strong upward and downward trends can start with no fundamental explanation.

In order to protect yourself from sizable losses you may want to use stop-loss orders. Should the price move in the opposite direction, the deal will close automatically, helping you better manage your risks.

Scalping Strategy

Several small wins can be just as good as one major victory . When trading in accordance with this strategy, traders set buy and sell thresholds before they open the deal and watch the price of the asset move in the desired direction. When using the scalping strategy, deals can be as short as a few seconds. Scalpers should be prepared to act fast and make financially-important decisions in an instant. It is worth saying that due to extremely short timeframes, there is no place for fundamental analysis in scalping.

Pullback Trading Strategy

Here is what pullback traders usually do: they find an asset (a company stock or an ETF) with an established positive trend and wait for it to move in the opposite direction. Notice that it should be a short-lived retracement, not an emerging negative trend. You might consider opening a long position when the retracement is about to die out and the price action can be expected to go up once again. The same can be done on a negative trend. You might wait for a downward trend to demonstrate limited upward movement (again, not a full-fledged) and might consider opening a short position when the price is at its local maximum.

Breakout Trading

Do you remember support and resistance levels ? This strategy aims to put them to good use. Usually when the asset price reaches a certain threshold that it is unable to surpass (called the resistance), it will retrace back and trade at lower levels. However, as many technical experts believe, when the asset price goes above the resistance level, it can be expected to continue its upward rally . Notice that sometimes the price action can move above and below the resistance level freely and this strategy won’t work.

News Trading

Probably the most promising strategy for those interested in fundamental analysis . We all know that major news and events are critically important in the world of trading. Almost any asset, be it a national currency, a cryptocurrency, a stock or a commodity, can be moved by a major economic/political event. Good news tends to move the asset price higher, bad news — lower. If everything is that simple, what’s so complicated about news trading? Predicting the news before it hits the market and making a correct forecast is hard. Sometimes markets behave illogically, and overall positive news triggers a price decrease. So, you have to be prepared for that.

Whatever the strategy you choose, there are several things to remember. No strategy is fail proof , all of them will demonstrate negative results from time to time. Consider trying several strategies, finding the one that suits you and mastering it . Several losing deals in a row do not mean that the strategy doesn’t work. It probably means that you’ve experienced a losing streak. By constantly switching between the strategies you decrease your chances of success. At the same time, don’t be afraid to quit a certain strategy should it really stop working for you.

NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.

GENERAL RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
87% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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