Can A Beginner Make Money With Binary Options?

Binary options trading is often done by beginners, but can a beginner really make money doing it? The easy answer that many want to hear, of course, is that sure they can.

Beginners think that all a trader needs to do is go on one hot streak!

New traders often say to themselves: “just ten wins in a row and all of a sudden I will be a new trading mogul”. People looking for quick money think, that they can quit while they are ahead on a hot streak and go home richer than they could possibly imagine.

(Join Here to make $100 Daily Trading Binary Options)

The truth is that you need a strategy and discipline to make successful trades on the long term. You should start by picking a legit broker first.

If you are just starting out with trading, then this is the perfect guide for you to start making money with binary options trading.

Here is our #1 Rated Broker

How To Get Started With Binary Options Trading

Unfortunately binary options trading was banned in most countries but there are many more assets that you can trade: stocks, commodities, bitcoin, indices and more. There are many safe and regulated brokers.

To open an Account simple follow this steps:

1.     Step1: Sign up with www.binary.com

2.     Step2: Make a first deposit

3.     Step3: Start trading using trading signals

Binary.com is the most trusted trading platform at the moment. They are regulated and they have a stellar reputation in the industry. The minimum deposit is only $10 which is perfect for beginners.

How Beginners Can Make Money

Even with so many ways to mess up, beginners to binary option trading can make money if they work hard and follow a system. The key to binary options trading is to control risk. As a result, a trader can never lose too much money on any particular trade. Hypothetically, a trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money, a trader only needs to be correct on about 60% of trades of the trades that they take. This means that of the trades that a beginner with absolutely no edge (an edge is something giving a trader a better than random chance to make money) would take, they need to figure out how to turn about 20% of them into winning trades.

Binary Options – How Much Can You Make?: This is not a simple question. There are certainly traders who make a living with binary options. You could make thousands of dollars every month. However the best is if you start with lower expectations. Making hundreds of dollars steadily is a good way to start.

Here are possible ways that any beginner can easily do this:

1.     Use a signalling service. While most are not are not going to give a trader a significantly better than random chance of making money, they still should tilt the odds into the trader’s favor. This is all any trader can ask for. There are paid services out there such as elite trader, but even a free service from a site like barchart can give you the edge you need.

2.     Learn to use technical indicators. Technical trading involves using strictly price action (price charts) to predict future movements. There are a lot of indicators out there, but some of the most common ones involve using moving averages. Examples of popular indicators are MACD, relative strength index, and bollinger bands. If you can find an indicator that works well for the security you are trading you can gain the edge you need in order to turn some of your would be losing trades into winners.

3.     Trade stocks before trading binary options. Stock trading is less volatile for a trader’s account than binary option trading as long as the trader does not use leverage and sticks to securities priced over $5. If you can figure out how to be correct on more than 50% of your stock trades, you can take what you learn and apply it to binary options to multiply your earnings power.

4.     Track your performance in each binary option security. Most people will be better at trading some stocks or commodities or currency pair than they are at others. The simplified reason for this is that each particular symbol will move differently than the others because each one has its own characteristics and traders involved in moving the price. If you find a handful of option trades that you are consistently profitable in, stick with what works and increase your size. You don’t need to waste your time and money on unprofitable trading.

5.     Buy the right option length for your trading style. Some trading styles will work better over very short term trades, and some will work better over trades held for a long time. Know your style and the appropriate length option you should buy. A value investor for instance would not be sensitive to price changes over a 1 minute option, but may be correct on a super high percentage of trades over a 6 month period.

(Join Here to make $100 Daily Trading Binary Options)

 JOIN OUR BROKER HERE: www.binary.com 

Secrets Revealed: Profit Binary Rise / Fall Random Index 100 Tricks

For beginner traders who are just trying binaries, you may already know about the rise / fall game, but here I will give you a few tricks that can help you find profit. The following are the ways: (Before you start, Open your Acct here:  www.binary.com )

1. Open the Random Index 100 with Two Windows (Martingale Technique)

• The first window is Stake $ 1 with a duration of 30 seconds
• The second window is Stake $ 2 with a duration of 15 seconds

2. Open the Trading View Platform

Open the Trading View that has been provided by the binary (can be seen at the bottom), then open the Random Index 100 chart. Then select the Candlestick type chart with a 1 minute timeframe. After that, add the Bolingger Band (BB) and Moving Average (MA) indicators with the following criteria:

(Join Here to make $100 Daily Trading Binary Options)

• BB (2, 2)
• MA (13, close, 0)
• MA (3, close, 0)

The above indicator can help see the trend, if the MA 3 intersects with the MA 13, it will be seen that the fast trend will rise or fall. While the BB 20 indicator is used to see the movement of the candlestick whether it will be more than the resistance / support line then the trend will end or add to the length. For the center line BB indicates if the candlestick will be sideways (flat).

3. Open the Webtrader Platform

Open the webtrader platform at the bottom, then select Random Index 100 with a time period of 1 tick and setting the Line Dot type chart. Then add an indicator like in the trading view namely:

• BB (2, 2)
• Simple MA (13, close, 0)
• Simple MA (3, close, 0)

Pay attention to the picture above, how to see the above indicator as in the trading view platform but here we use to see the tick movement. This indicator can help determine the tick movement whether to go down or up.


4. Display

             After the 1-3 trick has been opened, then make a display like the following picture:

5. Execution

         If all of the above methods have been done, now is the time for us to discuss how to execute Rise / Fall.

• First, we notice the movement of the Candlestick in Trading View, do the execution when the new candlestick is formed after 5 (five) movements occur. Choose Higher / Rise if the candlestick is green, or choose Lower / Fall if the candlestick is red.

• Second, we see a Webtrader. If the tick shows up / down according to the green / red color of the candlestick in Trading View, then do the Higher / Lower execution according to the Candlestick match on the Trading View and Tick on the Webtrader.

• Third, the martingale technique. If we have carried out an execution on the First Window with a $ 1 stake of 20 seconds duration, then we will immediately execute the Second Window with a $ 2 stake of 15 seconds in duration. 

• Example: Execute Higher / Rise in the first window, but it turns out the tick goes down, then execute Lower / Fall in the second window. Vice versa. This method proved effective and accurate to get profit by doing compound techniques so that Loss in the first window can be covered by Profit in the second window.

(Join Here to make $100 Daily Trading Binary Options)

        That is one trick to get profit on binaries easily, but to achieve profit it takes patience and good self-control. All right, until here, the rise / fall random index 100 trick, hopefully useful for you binary traders. Greetings Profit!

JOIN OUR BEST BROKER HERE: www.binary.com 

5 Best Binary Option Strategies That Can Be Done

Did you know that forex trading through Binary Options is easier to do compared to forex spots. This is because you only need to select "Call" when predicting rising prices and "Put" if the price will go down. As a trader, you don't need to calculate lots and spreads before entering trading. Even so, you still need to know price movements and have to do analysis and make a strategy so you can get the desired profit. 

OPEN YOUR FREE ACCOUNT HERE: www.binary.com

There are lots of trading binary options that can be done, ranging from those based on expiry time to applying certain indicators. In addition there are also several strategies that follow the direction of prices such as the trend and sideways trading and rely on candle patterns such as pin bars and inside bars.

The question is what kind of strategy is the best?

Answering this question depends on each trader. This is because each strategy has its own strengths and weaknesses. One of the best ways you can choose the best type of strategy is to take what is the most understood strategy.

For example if you are a trader who is aggressive and responsive to price changes, then you can take a short-term strategy like a 1-minute trading binary option.

There are many strategies in binary options that you can do. Here are 5 binary options strategies that you can try to do.

1. Trend Strategy

You must recognize that price trends will bring invaluable potential. In the forex market or binary options, trends are considered the most ideal conditions for entering the market. Although binary options do not take into account the large price movements in considering profits, opening a position when the price is trending is preferred.

The above can occur because the existing trends can make it easier for you to analyze price movements. If the trend continues, you can easily take a more convincing position.

Because of the above advantages, many trend strategies are chosen by binary option traders who are beginners or who already have experience. One indicator used in this strategy is MA and Trend Line.

In general, a trader who follows a trend will look for a forwarding signal, while a trader who likes to go against the flow will look for a reversal signal.

2. Pin Bar Strategy

In implementing this strategy traders will rely on pin bars, because pin bars are one reversal signal that many traders can trust. The appearance of pin bars is always considered important either as a main indicator or just a confirmation.

You can use a longer pin bar axis as a guide to predict where prices will move. For example a pin bar that has a long axis located at the bottom of the candle is called a Bullish Pin Bar.

If the Pin Bar above occurs after a Bearish Candle, then the pattern can be a sign that the price will turn bullish. OPEN YOUR FREE ACCOUNT HERE: www.binary.com

3. Hedging Strategy

This strategy is a strategy that you should consider in trading binary options. In Binary Options, the use of hedging strategies is more flexible, because Binary Options do not prohibit traders from placing opposite options on an instrument at the same time. With this convenience, you can maximize hedging opportunities better.

The main purpose of using hedging is to anticipate losses from options. So when you have the "Call" option that will expire in 5 minutes, but the price is still moving in a bearish position, then you can open a new "Put" option to compensate for the potential loss from the first position.

Before implementing this strategy, it helps you understand well the risk of hedging first. Although it looks very effective to do, if the users of hedging are not optimal in using the strategy, it could be that the losses will increase.

4. Risk Reversal Strategy

This strategy is very similar to the hedging strategy, where this strategy is a method that is run by opening 2 options "Call" and "Put" at the same time. The difference is this strategy is not to minimize risk but also to make new profits.

If you have a good understanding of how to do hedging, then you will not have trouble trying a risk reversal strategy. Not too much difference when you will implement this strategy.

The trick is, you only need to place a different amount of capital in the 2 options that are opened. The largest capital must be placed in a position that you think can be most successful.

Thus, even if one position ends at a loss, there are still positions that can bring you profits.


5. Straddle strategy

This strategy is still closely related to the placement of the "Call" and "Put" options simultaneously. In this strategy there is an emphasis on price conditions and ways of analysis that can help you to find potential levels when entering a position.

Basically, this strategy will focus on support and resistance as price barriers that define the "Call" and "Put" areas. Overbought and Oversold levels on the Oscillator indicator you can use as a potential area. 

OPEN YOUR FREE ACCOUNT HERE: www.binary.com

Forex Trading Tools That Every FX Trader Must Have

Trading in the foreign exchange market can be quite challenging for both novice and seasoned traders. This is why all forex traders with any level of success will augment their decision-making skills by using a number of FX trading tools. These tools can help traders facilitate and determine profitable entry and exit points. 

Forex trading tools can either be paid for by subscribing to a service, or are offered free of charge by a forex broker, a trading platform provider, or as in the case of an economic calendar, by a significant number of websites.

Free Online Trading Tools
Some of the most useful and popular tools for traders are fundamental analysis tools that can be accessed by anyone online, such as economic news calendars. Since the foreign exchange market reflects the relative values of currencies according to the present economic conditions in each country of origin, interest rate differentials and market expectations in the forex market can have an important impact on exchange rate levels. CLICK Here to Join Our Free Broker: www.binary.com
Economic News Calendar Tool
One of the most useful and popular tools for the forex trader is the economic news calendar. This list provides traders with the future market consensus, as well as previously released outcomes, for key economic data and relevant geopolitical events. It also usually lists the timing of central bank policy statements, monetary policymaker speeches and elections.
This important forex trading tool is of special interest to fundamental analysts.

The Currency Correlation Tool
Because the foreign exchange market is made up of multiple pairs of currencies, known and calculable correlations exist between currencies, which can be positive or negative, with correlations typically being more prominent in some pairs than in others.
For example, the Swiss Franc generally has a positive correlation with the Euro. Therefore, USD/CHF will have a negative or inverse correlation to EUR/USD most of the time, which means that those two currency pairs will typically move in opposite directions.
Forex Trading Platforms like MetaTrader 4
MetaTrader 4 truly has no equal as one of the most popular online forex trading platforms. This comprehensive forex trading platform has a number of features that are indispensable for the serious forex trader.
Conclusion
Most of the trading tools examined in this article can be freely obtained online, some of them via forex brokers and news outlet websites, while others can be downloaded from a developer’s website like MetaTrader 4.Trading consistently and profitability in the forex market can be a challenging endeavor, and the fact remains that most retail traders tend to lose money in the market.
Nevertheless, with a comprehensive trading plan, the proper forex trading tools, and sufficient knowledge of the currency market, your chances of success as a forex trader can be significantly improved. CLICK Here to Join Our Free Broker: www.binary.com

What is a Binary Option and How Do You Make Money?

A binary option is a fast and extremely simple financial instrument which allows investors to speculate on whether the price of an asset will go up or down in the future, for example the stock price of Google, the price of Bitcoin, the USD/GBP 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 across any global market. CLICK Here to Join Our Free Broker: www.binary.com

Before you place a trade you know exactly how much you stand to gain if your prediction is correct, usually 70-95% – if you invest $100 you will receive a credit of $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. The risk and reward is known in advance and this structured payoff is one of the attractions.

Exchange traded binaries are also now available, meaning traders are not trading against the broker.

To get started trading you first need a regulated broker account (or licensed). Pick one from the recommended brokers list, which is Binary.com. 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.
CLICK Here to Join Our Free Broker: www.binary.com

Changing my Money Attitude

For many years I’ve been under the typical money mindset that I reckon 80 to 90 percent of people live to…

Get a job, work hard, pay your pension and wait until you’re 65+ to retire.

I now think that’s pretty crap advice! 

This sort of advice led me down a sensible career route of engineering over something I possibly could have been more passionate about, like art. Don’t get me wrong, at the time I had a passion for engineering and a drive to learn more about it… and it has led me to a successful career as an engineering specialist earning a “reasonable” wage.

I say reasonable, because at one point I couldn’t have dreamed of earning the money I do now.

But that’s not enough anymore.

My career doesn’t fill me with passion. My creativity is stunned and my work doesn’t count to anything that matters to me.

What’s more is I have to work the hours decided by someone else, I’m on call at times which prevents me fully enjoying my free time and the days in the job are long, dirty and I’m hidden from the beauty the world has to offer.

So, over the last few years, I’ve shifted my mindset and realised the possibilities in life of feeling fulfilled! 

(Join Here to make $100 Daily Trading Binary Options)

What stops me quitting my job then and going for this fulfilled lifestyle? 

Money!

Money has become such a needed asset these days to do almost anything. It’s an exchange of value. So if I want to travel, I need money to exchange for transport and accommodation.

Money is the reason why so many of us work and stay in work until retirement…

I’m aiming to break that through this journey of generating financial wealth, through businesses, trading and investing.

I’m educating myself through books, courses and mentors to learn from those who’ve already attained wealth and I’m sharing my journey here.

I know it’s not going to be easy. I need to step out my comfort zone, be disciplined and really put myself out there.

I’d love you to follow my journey and hopefully I can help you learn something to so you can also achieve your dreams!

(Join Here to make $100 Daily Trading Binary Options)