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They are basically investment advice from our esteemed financial experts which often yield significant profits because we only share with our readers those signals which we believe to have the highest probability of success. Apart from binary options trading signals, BinaryOptionsTrading-Review. com will also supply you with the latest news from the financial world, so that you are always aware of the most important events. We also pay close attention to non-European markets, especially those belonging to the United States, Canada and Australia, so if you happen to come from one of those regions we can still be very much helpful to you. Keep in mind that these markets may have different rules from the ones in the EU and some of the brokers may not even be available to traders from different continents which makes information we provide that much more valuable. You can learn all about these differences through our articles and here, once again, we have to emphasize our website’s great design which will allow you to quickly find your way through a huge amount of data we have in store for you. Occasionally, we will also provide you with links to other helpful websites containing definitions and explanations of various financial terms and expressions. Hopefully, this will help you learn everything you need to know about binary options much faster if you are still a beginner, but it can also provide some good suggestions where to look for new trading strategies if you are a more experienced trader. In any case, our goal is to provide you with the best imaginable support and to help you extract as much profit as you can from your trades. To be successful in this line of work, patience and research are of vital importance. Here at BinaryOptionsTrading-Review. com, our goal is to help you save valuable time when you are looking for information about a particular broker. We take all the risks this kind of trading entails so you don’t have to. With the right approach, binary options trading can become a significant source of income for anyone because of its high returns on your investments and very attractive bonuses some brokers have been known to offer.


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Check out the cover on Faber & Faber’s edition (UK). “One bright moonlit night, as one of the sons of the farmer who lived at LLwyn On in Nant y Bettws was going to pay his addresses to a girl at Clogwyn y Gwin, he beheld the Tylwyth Teg enjoying themselves in full swing on a meadow close to Cwellyn Lake. He approached them, and little by little he was led on by the enchanting sweetness of their music and the liveliness of their playing until he had got within their circle. Soon some kind of spell passed over him, so that he lost his knowledge of the place, and found himself in a country, the most beautiful he had ever seen, where everybody spent his time in mirth and rejoicing. He had been there seven years, and yet it seemed to him but a night’s dream but a faint recollection come to his mind of the business on which he had left home, and he felt a longing to see his beloved one. So he went and asked permission to return home, which was granted him, together with a host of attendants to lead him to his country and, suddenly, he found himself, as if waking from a dream, on the bank where he had seen the fair family amusing themselves. He turned towards home, but there he found everything changed: his parents were dead, his brothers could not recognize him, and his sweetheart was married to another man. In consequence of such changes he died broken-hearted in less than a week after coming back.” –As told to John Rhys, author of Celtic Folklore, Welsh & Manx, Volume One (1901) ForexSocialSignals (ITM ) ForexSocialSignals (ITM ) Review. ForexSocialSignals also known as ITM Financial is a company that give to their users one of the best and Forex Signals. ITM Financial have technology to applied on data collected from the social networks such as most famous Google+, Twitter and Facebook. They automatically analyzing the data from these social networks and calculate what is the mood of traders (who like to sell or buy currency pairs for example EURUSD). They give to their users good signals with High-Probability Entry and Exit Trade points.


It is very important to know what is going on at the forex market, so this company will give all of this information. This world is a full of forex signal providers, but many of them do not have stable results. Nobody can have 100% profit from every single orders at the market, but ITM Financial now providing to their forex traders accurate information and their analysis are almost perfect. Additionally, ITM Financial service also provide to all of their members very educational Forex trading course with tutorials, specifically made by mostly experienced ITM Forex Analysts. In this course you will find one of the best and stable forex trading strategies. With them, you can guarantee successful trading of the forex market, you must know how to stable your risk and management of your orders to have more profits than losses. You can find their performance history of the orders by MonthYearCurrency Pair. With ITM Financial you can catch 300+ Pips at the forex market per day. All you need is to get access in their website. In the Money Signals Review. Welcome Bonus. Screenshots. ITM Signals is a binary option trading signal provider founded by a team of expert traders in 2014.


ITM Signals provides several trading signals per day on its dashboard where traders are allowed to view the trading activity of the expert traders. As such, the signals that traders receive are basically the live trading activity of ITM Signals’ expert traders. ITM Signals is a binary option trading signal service provided by 6 traders. Each trader trades from their own system. The expiry periods common with trades executed by these traders include: 60 seconds, 5 minutes, 15 minutes and 30-60minutes. ITM Signals have Live Trading Sessions which follow the following schedule: 8:30AM to 11:30AM EST – 2 experts trading 5minute and 60second expiry. 1PM to 2:30PM EST – One expert trading the 5minute expiry, and sometimes two experts trading the 5 minutes and 15 minutes expiry. 8:30PM to 10PM EST – Two experts trading 5minute to 15minute expiry. There is also another expert who sends signals at any time of the day via SMS and Email. Therefore, just in case you don’t have time to join any of the three main trading session you can still rely on the SMS and Email alerts from the unscheduled expert all one price.


ITM Signals is quite affordable for many traders. The elite membership service goes for just $129.95 per month, and traders can expect to recoup that investment easily if they manage a decent win-rate with a daily investment of $300-$500. Daily Live Trading Room: this is exactly what is discussed in the trading session above. This is a very important feature for traders who tend to have doubt on whether or not the signals sent to them are genuine. Here, the position taken by the expert is what is sent as a signal. ITM Trading Systems: The signals sent to traders are generated by different systems that the expert traders use to pick their trades, which mean that the expert traders are not just picking trades for the sake of sending signals, but rather in conjunction to what the systems generate. Education Webinar Videos (Elite & Free): While it is good to have these signals as a beginner, you cannot always rely on them to give you profits 100%. Therefore education webinars and videos can play a crucial part towards making traders experts in binary option trading. 1 on 1 Coaching: Traders can also request for 1-on-1 coaching from the experts at a fee. It’s not stated how much this costs but it is something unique because traders can then learn to trade on their own quicker. Skype Support & Assistance: This is very important because traders can be sure that their needs will be attended to in case of technical issues and things like that. Elite Membership Content (Includes E-Books & Premium Indicators): For elite members, traders can also receive trading eBooks and premium indicators to aid in their trading experience and activity. Access to chat with 3 Professional Traders: Again, this is an important feature because you can always consult widely before coming up with your next trade.


This also ensures that you receive more trading tips at a time. Daily SMS & Email Long-Term Trade Alerts: This is what makes sure that traders never miss a trade, especially the long term trade types as per the signals generated. ITM Signals costs about $130 per months, which may not be the cheapest in terms of signal service providers. However, given the list of features available once subscribed to the service, this looks incredibly cheap for traders. ITM Signals does not just care about sending you trading signals as the only service this provider has also developed several trading tools (charts, webinars, videos and eBooks) to help traders become better in binary option trading. ITM Signals are generated 247. This is particularly important because whenever, and wherever you are in the world, you can always count on this service sending you a couple of signals to trade. On average, ITM signals sends generates about 20 signals per day for its subscribers. Some traders appear to receive about 6-12 signals per day though judging by these few testimonials. At ITM signals, there is no need to download and install software in order to capitalize on the provider’s signals. All that traders need to do is subscribe and then they begin receiving signals. It’s a simple task for any trader who claims to be a technological novice. ITM Signals does offer a 30-day free trial period, which is crucial for traders who prefer to try out first before paying.


It is also a wise move to do so and thus highly recommended. ITM Signals providers claim to have a win-rate of 78%. This would be marvelous for any binary options trader, but as at the moment, there is no proof of result to back up the claim. In addition, past achievement does not necessarily reflect what a trader would get after using the service, and as such traders should always use caution when subscribing to such services. ITM Signals appears to be a relatively new service in the market, with their history seemingly dating back to 2014, which means that the aspect of tried and proven by others is relatively low compared to other veteran signal providers who have been in the market since early 2010s. The bottom line is that ITM signals, just like other signal providers claims to have magnificent success-rate, but until this is proven, traders must always be prepared for anything possible including recording a win-rate lower than the advertised rate of 78%. Prospective ITM Signals users can contact support by adding “itmsignals”, “mrs-mendez”, or “itmsignals. tomer” without the quotations to their skype contacts. Trading Courses: Signals and AutoTrading. About Us & Partnerships: Copyright Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice. You should also read our learning materials and risk warnings. Disclaimer of liability: The website owner shall not be responsible for and disclaims all liability for any loss, liability, damage (whether direct, indirect or consequential), personal injury or expense of any nature whatsoever which may be suffered by you or any third party (including your company), as a result of or which may be attributable, directly or indirectly, to your access and use of the website, any information contained on the website. Download our Binary Options Indicator with an 83% Win-Rate Now! Free Trading Systems.


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This binary method… Parabolic Sar Stochastic and ITM. Parabolic stochastic and ITM is a trend-momentum method for trading intraday and scalping in the financial markets good also for binary options highlow. Time frame 1min or higher. Markets: Forex,… RSI Extreme System is a price action trend-reversal system for intraday trading. This system can also be applied to trading with binary options highlow. The main feature of this system is to… One Touch method Bollinger Bands. This is a trading system based on the bollinger bands and Zig Zag. But it can also be considered a price action forex system. This Binary options . One Touch method Bollinger… Copyright 2017 Trader Binary | All Rights Reserved | Powered by Binary Options | Contact Us. Copyright Risk warning: Trading in financial instruments carries a high level of risk to your capital with the possibility of losing more than your initial investment. Trading in financial instruments may not be suitable for all investors, and is only intended for people over 18. Please ensure that you are fully aware of the risks involved and, if necessary, seek independent financial advice.


You should also read our learning materials and risk warnings. Service Review: ITM Signals. Summary: This signals service offers traders the opportunity to trade like their professionals. Today I’m reviewing a signal service that’s claiming a winning percentage of over 76%, ITM Signals . There are three different membership types, and ways to take advantage of different expiry times as well as, trading sessions. It’s unknown who the developers of this service is, but they were founded May 29th, 2014, and can be contacted via email helpdesk@itmsignals. com. They focus on 5 minute, 15 minute and hourly expiry times, and provide trading systems and education as well for all of their members. For all signal service reviews go here . The ITM Signals group claims to be a group of binary options experts that offer “the most precise and accurate signals.


” They offer 1 on 1 coaching sessions, and videos to help explain their trading approach. Their trading software works with MetaTrader 4 to send you mobile, and email alerts whenever a signal comes available. These signals are generated by daily trading sessions available in Skype from 5-8PM, and 8-11PM EST, Monday to Thursday. In these sessions they look to send 5 to 10 trade alerts, and will also give you access to the template and system they currently use so that you can use the method whenever you like. There are quite a few promises on this page, so I’m going to simplify and show traders what they receive when they sign up for ITM Signals. Daily Trading Session (Sydney & Tokyo). Long term signals for 1 hour and 4 hour expiry times that can be sent via twitter or SMS. Access to the ITM Trend Signal System that sends reversal and trend signals through MT4. Different membership packages. There are two different membership types, the Bronze, and the Silver.


There is also an option to get a free month of their services if you signup and deposit with one of their recommended brokerages. The bronze package is $79.95 per month and provides access to the Skype Trading Room. The silver package, at $99.95 per month provides access to the trading room and the ITM Trend Signal System. I’ve only been able to find one other review of the ITM Signals service, and it is not positive. This website has 15 negative reviews, and 1 positive, which is not a favorable position. This review isn’t the be all, end all, but I feel that II have to show every side of the story, and so that is what I’m doing. My first impression of the ITM Signals service was positive, but there’s quite a bit more I need to see before I can sign up. First of all, the service has been on the market for over 2 years, and they still don’t have a track record of trades. With each Skype trading session, they should be keep track of all the trades so we can see them. This type of transparency would go a very long way in promoting their signals. Second, for a service that has no proof, it is expensive at either $80 or $100 a month. Lastly, the negative reviews have impacted my judgement some, but I don’t want to condemn this service without knowing more.


I’m keeping an open mind, so leave a comment with your feedback and let me know what you think. Need more help? Email me here . I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders. No related posts found! One Response to Service Review: ITM Signals. Worst ever Scam which has been on the planet, don’t even think to join SCAM. Leave a Reply Cancel reply.


Click on the stars to add your rating , thanks! Latest Comments. John Kane on Broker Review: ZedOption Lance on Broker Review: ZedOption John Kane on Expert Review: Binary method izzy on Expert Review: Binary method Alex on Expert Review: Binary method. Expert Review: Binary method September 27th | by John Kane Broker Review: Exoptions December 6th | by John Kane November 2017 Binary Options Income Report December 5th | by John Kane Broker Review: PerfecTrades November 28th | by John Kane Broker Review: Race Option November 24th | by John Kane Broker Review: ZedOption November 21st | by John Kane. In order to maintain the utmost transparency I now provide a monthly report on my trading figures: Binary Options Education. Learn lessons and trade better here: Expert Review: Binary method September 27th | by John Kane Broker Review: Exoptions December 6th | by John Kane November 2017 Binary Options Income Report December 5th | by John Kane. Trading binary options is a life long hobby turned career for me. Now my focus is on keeping the community honest. I am an avid user of binary options software so I understand how to diagnose and provide valuable insight. There are many dishonorable binary product developers on the internet, I have made it my duty to point you in the winning direction. Our newly released Binary Today podcast is now available, check out the latest episodes here: How to Succeed with Binary Options Trading in Germany. Welcome to the largest expert guide to binary options and binary trading online. BinaryOptions. net has educated traders globally since 2011 and all our articles are written by professionals who make a living in the finance industry.


We have close to a thousand articles and reviews to guide you to be a more profitable trader no matter what your current experience level is. If you wish to discuss trading or brokers with other traders, we also have the world’s largest forum with over 20 000 members and lots of daily activity. Read on to get started trading today! Top Brokers in Germany. What is a Binary Option and How Do You Make Money? A binary option is a fast and extremely simple financial product which allows investors to bet on whether the price of an asset will go up or down in the future, for example the stock price of Google, the USDGBP exchange rate, or the price of gold. The time span can be as little as 60 seconds, making it possible to trade hundreds of times per day. Before you place a trade you know exactly how much you stand to gain if your prediction is correct, usually 70-95% – if you bet $100 you will receive $170 – $195 on a successful trade. This makes risk management and trading decisions much more simple. The outcome is always a Yes or No answer – you either win it all or you lose it all – hence it being a “ binary ” option. To get started trading you first need a broker account. Pick one from the recommended brokers list, where only brokers that have shown themselves to be trustworthy are included. The top broker has been selected as the best choice for most traders.


If you are completely new to binary options you can open a “demo account” with most brokers, to try out their platform and see what it’s like to trade before you deposit real money. Introduction Video – How to Trade Binary Options. These videos will introduce you to the concept of binary options and how trading works. If you want to know even more details, please read this whole page and follow the links to all the more in-depth articles. Binary trading does not have to be complicated, but as with any topic you can educate yourself to be an expert and perfect your skills. The most common type of binary option is the simple “UpDown” trade. There are however, different types of option. The one common factor, is that the outcome will have a “binary” result (Yes or No). Here are some of the types available: UpDown or HighLow – The basic and most common binary option. Will a price finish higher or lower than the current price a the time of expiry. InOut, Range or Boundary – This option sets a “high” figure and “low” figure. Traders predict whether the price will finish within, or outside, of these levels (or ‘boundaries’).


TouchNo Touch – These have set levels, higher or lower than the current price. The trader has to predict whether the actual price will ‘touch’ those levels at any point between the time of the trade an expiry. Note with a touch option, that the trade can close before the expiry time – if the price level is touched before the option expires, then the “Touch” option will payout immediately, regardless of whether the price moves away from the touch level afterwards. Ladder – These options behave like a normal UpDown trade, but rather than using the current strike price, the ladder will have preset price levels (‘laddered’ progressively up or down).These can often be some way from the current strike price. As these options generally need a significant price move, payouts will often go beyond 100% – but both sides of the trade may not be available. How to Trade – Step by Step Guide. Below is a step by step guide to placing a binary trade: Choose a broker – Use our broker reviews and comparison tools to find the best binary trading site for you. Select the asset or market to trade – Assets lists are huge, and cover Commodities, Stocks, Forex or Indices. The price of oil, or the Apple stock price, for example.


Select the expiry time – Options can expire anywhere between 30 seconds up to a year. Set the size of the trade – Remember 100% of the investment is at risk Click Call Put or Buy Sell – Will the asset value rise or fall? Some broker label buttons differently. Check and confirm the trade – Many brokers give traders a chance to ensure the details are correct before confirming the trade. No trader will be more successful than his or her broker is honest. Trading in binary options is still not regulated well enough to be considered an established investment alternative, and so there are plenty of dishonest operators trying to take advantage of naive traders. Note! Don’t EVER trade with a broker or use a service that’s on our blacklist and scams page, stick with the ones we recommend here on the site. Here are some shortcuts to pages that can help you determine which broker is right for you: Compare all brokers – if you want to compare the features and offers of all recommended brokers. Bonuses and Offers – if you want to make sure you get extra money to trade with, or other promotions and offers. Low minimum deposit brokers – if you want to trade for real without having to deposit large sums of money. Demo Accounts – if you want to try a trading platform “for real” without depositing money at all. Halal Brokers – if you are one of the growing number of Muslim traders.


The number and diversity of assets you can trade varies from broker to broker. Most brokers provide options on popular assets such as major forex pairs including the EURUSD, USDJPY and GBPUSD, as well as major stock indices such as the FTSE, S&P 500 or Dow Jones Industrial. Commodities including gold, silver, oil are also generally offered. Individual stocks and equities are also tradable through many binary brokers. Not every stock will be available though, but generally you can choose from about 25 to 100 popular stocks, such as Google and Apple. These lists are growing all the time as demand dictates. The asset lists are always listed clearly on every trading platform, and most brokers make their full asset lists available on their website. Full asset list information is also available within our reviews. The expiry time is the point at which a trade is closed and settled. The only exception is where a ‘Touch’ option has hit a preset level prior to expiry.


The expiry for any given trade can range from 30 seconds, up to a year. While binaries initially started with very short expiries, demand has ensured there is now a broad range of expiry times available. Some brokers even give traders the flexibility to set their own specific expiry time. Expiries are generally grouped into three categories: Short Term Turbo – These are normally classed as any expiry under 5 minutes Normal – These would range from 5 minutes, up to ‘end of day’ expiries which expire when the local market for that asset closes. Long term – Any expiry beyond the end of the day would be considered long term. The longest expiry might be 12 months. While slow to react to binary options initially, regulators around the world are now starting to regulate the industry and make their presence felt. The major regulators currently include: Financial Conduct Authority ( ) – UK regulator Cyprus Securities and Exchange Commission ( ) – Cyprus Regulator, often ‘passported’ throughout the EU, under MiFID Commodity Futures Trading Commission ( CFTC ) – US regulator. There are also regulators operating in Malta and the Isle of Man. Many other authorities are now taking a keen a interest in binaries specifically, notably in Europe where domestic regulators are keen to bolster the regulation. Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear warning sign for potential new customers. Strategies and Guides. We have a lot of detailed guides and method articles for both general education and specialized trading techniques. Below are a few to get you started if you want to learn the basic before you start trading.


From Martingale to Rainbow, you can find plenty more on the method page. Signals and Other Services. For further reading on signals and reviews of different services go to the signals page. If you are totally new to the trading scene then watch this great video by Professor Shiller of Yale University who introduces the main ideas of options: Education for beginners: How to Set Up a Trade. The ability to trade the different types of binary options can be achieved by understanding certain concepts such as strike price or price barrier, and expiration date. All trades have dates at which they expire. When the trade expires, the behaviour of the price action according to the type selected will determine if it’s in profit (in the money) or in a loss position (out-of-the-money). In addition, the price targets are key levels that the trader sets as benchmarks to determine outcomes. We will see the application of price targets when we explain the different types. There are three types of trades. Each of these has different variations. These are: Let us take them one after the other.


Also called the UpDown binary trade, the essence is to predict if the market price of the asset will end up higher or lower than the strike price (the selected target price) before the expiration. If the trader expects the price to go up (the “Up” or “High” trade), he purchases a call option. If he expects the price to head downwards (“Low” or “Down”), he purchases a put option. Expiry times can be as low as 5 minutes. Please note: some brokers classify UpDown as a different types, where a trader purchases a call option if he expects the price to rise beyond the current price, or purchases a put option if he expects the price to fall below current prices. You may see this as a RiseFall type on some trading platforms. The InOut type, also called the “tunnel trade” or the “boundary trade”, is used to trade price consolidations (“in”) and breakouts (“out”). How does it work? First, the trader sets two price targets to form a price range. He then purchases an option to predict if the price will stay within the price rangetunnel until expiration (In) or if the price will breakout of the price range in either direction (Out). The best way to use the tunnel binaries is to use the pivot points of the asset. If you are familiar with pivot points in forex, then you should be able to trade this type.


This type is predicated on the price action touching a price barrier or not. A “Touch” option is a type where the trader purchases a contract that will deliver profit if the market price of the asset purchased touches the set target price at least once before expiry. If the price action does not touch the price target (the strike price) before expiry, the trade will end up as a loss. A “No Touch” is the exact opposite of the Touch. Here you are betting on the price action of the underlying asset not touching the strike price before the expiration. There are variations of this type where we have the Double Touch and Double No Touch. Here the trader can set two price targets and purchase a contract that bets on the price touching both targets before expiration (Double Touch) or not touching both targets before expiration (Double No Touch). Normally you would only employ the Double Touch trade when there is intense market volatility and prices are expected to take out several price levels. Some brokers offer all three types, while others offer two, and there are those that offer only one variety. In addition, some brokers also put restrictions on how expiration dates are set.


In order to get the best of the different types, traders are advised to shop around for brokers who will give them maximum flexibility in terms of types and expiration times that can be set. Trading via your mobile has been made very easy as all major brokers provide fully developed mobile trading apps. Most trading platforms have been designed with mobile device users in mind. So the mobile version will be very similar, if not the same, as the full web version. Brokers will cater for both iOS and Android devices, and produce versions for each. Downloads are quick, and traders can sign up via the mobile site as well. Our reviews contain more detail about each brokers mobile app, but most are fully aware that this is a growing area of trading. Traders want to react immediately to news events and market updates, so brokers provide the tools for clients to trade wherever they are. What Does Binary Options Mean? “Binary options” means, put very simply, a trade where the outcome is a ‘binary’ YesNo answer. These options pay a fixed amount if they win (known as “in the money”), but the entire investment is lost, if the binary trade loses. So, in short, they are a form of fixed return financial options. How Does a Stock Trade Work?


Steps to trade a stock via a binary option Select the stock or equity. Identify the desired expiry time (The time the option will end). Enter the size of the trade or investment Decide if the value will rise or fall and place a put or call. The steps above will be the same at every single broker. More layers of complexity can be added, but when trading equities the simple UpDown trade type remains the most popular. Put and Call Options. Call and Put are simply the terms given to buying or selling an option. If a trader thinks the underlying price will go up in value, they can open a call. But where they expect the price to go down, they can place a put trade. Different trading platforms label their trading buttons different, some even switch between BuySell and CallPut. Others drop the phrases put and call altogether.


Almost every trading platform will make it absolutely clear which direction a trader is opening an option in. Are Binary Options a Scam? As a financial investment tool they in themselves not a scam, but there are brokers, trading robots and signal providers that are untrustworthy and dishonest. The point is not to write off the concept of binary options, based solely on a handful of dishonest brokers. The image of these financial instruments has suffered as a result of these operators, but regulators are slowly starting to prosecute and fine the offenders and the industry is being cleaned up. Our forum is a great place to raise awareness of any wrongdoing. These simple checks can help anyone avoid the scams: Marketing promising huge returns . This is clear warning sign. Binaries are a high risk high reward tool – they are not a “make money online” scheme and should not be sold as such. Operators making such claims are very likely to be untrustworthy. Know the broker . Some operators will ‘funnel’ new customer to a broker they partner with, so the person has no idea who their account is with. A trader should know the broker they are going to trade with! These funnels often fall into the “get rich quick” marketing discussed earlier. Cold Calls .


Professional brokers will not make cold calls – they do not market themselves in that way. Cold calls will often be from unregulated brokers interested only in getting an initial deposit. Proceed extremely carefully if joining a company that got in contact this way. This would include email contact as well – any form of contact out of the blue. Terms and Conditions . When taking a bonus or offer, read the full terms and conditions. Some will include locking in an initial deposit (in addition to the bonus funds) until a high volume of trades have been made. The first deposit is the trader’s cash – legitimate brokers would not claim it as theirs before any trading. Some brokers also offer the option of cancelling a bonus if it does not fit the needs of the trader. Do not let anyone trade for you . Avoid allowing any “account manager” to trade for you. There is a clear conflict of interest, but these employees of the broker will encourage traders to make large deposits, and take greater risks .


Traders should not let anyone trade on their behalf. Which Are The Best Trading Strategies? Binary trading strategies are unique to each trade. We have a method section, and there are ideas that traders can experiment with. Technical analysis is of use to some traders, combined with charts and price action research. Money management is essential to ensure risk management is applied to all trading. Different styles will suit different traders and strategies will also evolve and change. There is no single “best” method. Traders need to ask questions of their investing aims and risk appetite and then learn what works for them. Are Binary Options Gambling? This will depend entirely on the habits of the trader. With no method or research, then any investment is going to win or lose based only on luck. Conversely, a trader making a well researched trade will ensure they have done all they can to avoid relying on good fortune. Binary options can be used to gamble, but they can also be used to make trades based on value and expected profits.


So the answer to the question will come down to the trader. Advantages of Binary Trading. The world is filled with a plethora of financial markets, and advances in technology has made it possible for each of these markets to be accessible to the average Joe who has an internet connection and a computer or mobile device. As such, there may be some confusion as to what financial market to participate in. Forex has caught a lot of attention because the promises seen on the sales pages of forex brokers and vendors seem to point to it as a way of easy money. However, because this market has some peculiarities which traders must be thoroughly at home with, many unprepared traders have seen themselves at the wrong end of the market. This is where binary options come to the rescue with its unique set of advantages over other forms of market trading. Minimal Financial Risk. If you have traded forex or its more volatile cousins, crude oil or spot metals such as gold or silver, you will have probably learnt one thing: these markets carry a lot of risk and it is very easy to be blown off the market. Too many parameters affect trade outcomes that traders have to battle with. Things like leverage and margin, news events, slippages and price re-quotes, etc can all affect a trade negatively. This is why trading the currency and commodities markets is a risky venture.


The situation is different in binary options trading. There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes. This reduces the risk in binary option trading to the barest minimum. Unlike what obtains in other markets, many brokers return a fraction of the amount used in purchasing contracts when the trade is a losing one. The binary options market allows traders to trade financial instruments spread across the currency and commodity markets as well as indices and bonds. This flexibility is unparalleled, and gives traders with the knowledge of how to trade these markets, a one-stop shop to trade all these instruments. A binary trade outcome is based on just one parameter: direction. The trader is essentially betting on whether a financial asset will end up in a particular direction. In addition, the trader is at liberty to determine when the trade ends, by setting an expiry date. This gives a trade that initially started badly the opportunity to end well. This is not the case with other markets. For example, control of losses can only be achieved using a stop loss. Otherwise, a trader has to endure a drawdown if a trade takes an adverse turn in order to give it room to turn profitable. The simple point being made here is that in binary options, the trader has less to worry about than if he were to trade other markets.


Greater Control of Trades. Traders have better control of trades in binaries. For example, if a trader wants to buy a contract, he knows in advance, what he stands to gain and what he will lose if the trade is out-of-the-money. This is not the case with other markets. For example, when a trader sets a pending order in the forex market to trade a high-impact news event, there is no assurance that his trade will be filled at the entry price or that a losing trade will be closed out at the exit stop loss. The payouts per trade are usually higher in binaries than with other forms of trading. Some brokers offer payouts of up to 80% on a trade. This is achievable without jeopardising the account. In other markets, such payouts can only occur if a trader disregards all rules of money management and exposes a large amount of trading capital to the market, hoping for one big payout (which never occurs in most cases). In order to trade the highly volatile forex or commodities markets, a trader has to have a reasonable amount of money as trading capital.


For instance, trading gold, a commodity with an intra-day volatility of up to 10,000 pips in times of high volatility, requires trading capital in tens of thousands of dollars. This restricts the access of everyday people to such markets. However, binary options has much lower entry requirements, as some brokers allow people to start trading with as low as $10. Disadvantages of Binary Trading. Reduced Trading Odds for Sure-Banker Trades. The payouts for binary options trades are drastically reduced when the odds for that trade succeeding are very high. While it is true that some trades offer as much as 85% payouts per trade, such high payouts are possible only when a trade is made with the expiry date set at some distance away from the date of the trade. Of course in such situations, the trades are more unpredictable. Lack of Good Trading Tools. Some brokers do not offer truly helpful trading tools such as charts and features for technical analysis to their clients. Experienced traders can get around this by sourcing for these tools elsewhere inexperienced traders who are new to the market are not as fortunate.


This is changing for the better though, as operators mature and become aware of the need for these tools to attract traders. Limitations on Risk Management. Unlike in forex where traders can get accounts that allow them to trade mini - and micro-lots on small account sizes, many binary option brokers set a trading floor minimum amounts which a trader can trade in the market. This makes it easier to lose too much capital when trading binaries. As an illustration, a forex broker may allow you to open an account with $200 and trade micro-lots, which allows a trader to expose only acceptable amounts of his capital to the market. However, you will be hard put finding many binary brokers that will allow you to trade below $50, even with a $200 account. In this situation, four losing trades will blow the account. Cost of Losing Trades. Unlike in other markets where the riskreward ratio can be controlled and set to give an edge to winning trades, the odds of binary options tilt the risk-reward ratio in favour of losing trades. In other words, traders lose more money when their trades end as losses than they can gain when their trades end up as profits. It is estimated that for every 70% profit that end up in profits, the corresponding loss of the same trade if it ends in a loss is 85%. The implication of this is that for a trader to break even, the winning percentage has to be at least 55%. It will therefore take a trader winning 6 trades out of ten to get into profit, but only 4 trades out of ten to end up in the red. When trading a market like the forex or commodities market, it is possible to close a trade with minimal losses and open another profitable one, if a repeat analysis of the trade reveals the first trade to have been a mistake. This scenario cannot be replicated in binary options – the moment a trader has placed a trade, the value of his equity in the trade drops to reflect the trade commissions taken off by the broker.


The payout on the reverse trade is fixed and cannot be used to cover the loss from the wrong trade. Spot Forex vs Binary Trading. These are two different alternatives, traded with two different psychologies, but both can make sense as investment tools. One is more TIME centric and the other is more PRICE centric. They both work in timeprice but the focus you will find from one to the other is an interesting split. Spot forex traders might overlook time as a factor in their trading which is a very very big mistake. The successful binary trader has a more balanced view of timeprice, which simply makes him a more well rounded trader. Binaries by their nature force one to exit a position within a given time frame win or lose which instills a greater focus on discipline and risk management. In forex trading this lack of discipline is the #1 cause for failure to most traders as they will simply hold losing positions for longer periods of time and cut winning positions in shorter periods of time. In binary options that is not possible as time expires your trade ends win or lose. Below are some examples of how this works. Above is a trade made on the EURUSD buying in an under 10 minute window of price and time.


As a binary trader this focus will naturally make you better than the below example, where a spot forex trader who focuses on price while ignoring the time element ends up in trouble. This psychology of being able to focus on limits and the dual axis will aid you in becoming a better trader overall. The very advantage of spot trading is its very same failure – the expansion of profits exponentially from 1 point in price. This is to say that if you enter a position that you believe will increase in value and the price does not increase yet accelerates to the downside, the normal tendency for most spot traders is to wait it out or worse add to the losing positions as they figure it will come back. The acceleration in time to the opposite desired direction causes most spot traders to be trapped in unfavourable positions, all because they do not plan time into their reasoning, and this leads to a complete lack of trading discipline. The nature of binary options force one to have a more complete mindset of trading off both Y = Price Range and X = Time Range as limits are applied. They will simply make you a better overall trader from the start . Conversely on the flip side, they by their nature require a greater win rate as each bet means a 70-90% gain vs a 100% loss . So your win rate needs to be on average 54%-58% to break even. This imbalance causes many traders to overtrade or revenge trade which is just as bad as holdingadding to losing positions as a spot forex trader.


To successfully trade you need to practice money management and emotional control. In conclusion, when starting out as a trader, binaries might offer a better foundation to learn trading . The simple reasoning is that the focus on TIMEPRICE combined is like looking both ways when crossing the street. The average spot forex trader only looks at price, which means he is only looking in one direction before crossing the street. Learning to trade taking both time and price into consideration should aid in making one a much overall trader.

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