Binary Trading Strategies

Binary Trading Strategies

It is important to have Binary Option Trading Strategies in place before you actually start trading your live account because without one you will almost definitely loose you whole trading account.

This being said there is NO one strategy that fits all, as we all have different ways of trading, some traders like to trade volatile markets, some follow trends , some trade pull backs etc. etc. so finding what fits you, may take a little bit of time, hence using a Demo Account is important.

I use the “Meta Trader 4” platform ( this can be downloaded separately to your brokers platform ) to analyse trading patterns and use my trade indicators, once a likely ” trade set up ” appears I switch to my Brokers platform and enter the trade. I actually have my Brokers platform open on my IPad or mobile phone as this is quicker than jumping from screen to screen¬† and you want to get trades on as quick as possible, The Meta Trader 4 platform is open on my laptop or desktop computer. The reason for this is although Meta Trader 4 can be down loaded onto¬† smart phones, pads and tablets, many indicators can only be imported onto a laptop or desktop.

It is important to have a Trading Strategy in place before you actually start trading your live account because without one you will almost definitely loose you whole trading account.

This being said there is NO one Trading Strategy that fits all, as we all have different ways of trading, some traders like to trade volatile markets, some follow trends , some trade pull backs etc. etc. so finding what fits you, may take a little bit of time, hence using a Demo Account is important.

 

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