Chose why i am binary options
In this article I will try to show the main theory on entries, which time frame to look at and how long must be the duration. Figure 1 You double your initial deposit on the win and lose everything if wrong.
What Are Binary Options Themselves
There are some methods for protection. You can set Pending option to start in predefine time. You can start immediate Option but it will start in 2 seconds delay so be careful with this. So this are the basics which I suppose everybody well know.
The main idea of using Binary option is to catch the good opportunity. It is similar to trading - you buy Call the low price support and sell PUT the high price resistance.
And usually as in trading the high price can become higher broken resistance and the same goes to low price broken support. You chose why i am binary options use indicators the same way you use them in trading. Presently this are the Currency pairs available for trading Figure 3 Figure 3 and I hope soon there will be more.
There are also some stocks but they are still not available.
I think that soon they also will become part of the Binary Options team The reality in Binary Options When you start trading Binary Options in demo and just for test things are very simple.
You think that you can build fortune just in 1 day.
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But the problem is that the market is totally unpredictable. And after the first wins you start a series of permanent loses because you have fall in the trap of overconfidence. There are different brokers who provide Binary options.
The Concept of dukascopy is again similar to trading - you have a spread and the strike price must overtake the spread and even tie is a lose. So you must adapt to this concept.
First of all I am watching carefully the economic news. The best time for entry is when there is big volatility.
Everything depends on the traders inner filling. Will the market continue its bullishness if in bullish trend or it will reverse There are 4 types of Binary Options which I categorize. Demo on which nothing matters 2.
Demo where you can win a prize in the Dukascopy contest 3. Live Binary Options Method of trading depends which one you are using On 1 you don't hesitate for a second in the entry just hitting the button no matter how big is the Margin, Equity or whatever just to test what will happen.
On 3 it depends how much you want to risk.
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I am risking only a little part of my Equity because this is long term contest On 4 hm. I don't know you must chose it for your self after testing 1 to 3 The most difficult part is to chose the duration of your option.
Most often I am trading on 1 minute duration but my Best wins where on 15 minutes duration in which I achieved my maximum of 22 for 1 day on the Dukascopy Binary Options contest. There are some additional tricks and I will try to give examples from my trading with Binary Options in future article.
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As Final thoughts I will say that Binary Options is relatively risky. The rewards are big and fast but the loses are faster so you must be very careful. Good luck Since you are not logged in, we don't know your spoken language, but assume it is English Please, option for top manager in or choose another language to translate from the list.