- Money management
- Trading binary options strategies
- Never invest more than 5% to 10% MAX of your balance on a single trade.
- Set up win loss ratio for yourself eg: set it to win 5 trades a day if you have a winning streak of 5 you stop for the day vice versa with your losses.You have to employ discipline and this is proven to work long term, don't chase the money, be smart.
- Set up winning ratio; If your winning percentage drops below 80% then you stop for the day.
- Set up daily profits/loss ratio; Once you reached $100 profit you stop or $50 loss you stop for the day.
Trading Binary Options strategies (technical analysis)
5 minute to 15 minute Easy Binary Options strategy
- Choose indicators on Chart tool, SMA (simple moving average is the average price of an asset over a select time period).
- Select SMA Set period (days avg) to 3.
- Select another SMA and set period to 10.
- Choose correct time frame(5-15min) and a currency pair.
- SMA line that's set at a period 3 is our signal indication.
- Once this SMA (3) line crosses SMA (10) line we then place our trade in the direction SMA (3) line goes.
- So when SMA 3 crosses through SMA 10 in a downward direction we place our PUT trade to expire in 5 to 15min, once opposite of that happens we place our CALL trade for same expiry time. Usually Resulting in a 76-79% (ITM) in.the.money.
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Remember guys we base our posts on our own experience we filter out the crap and only recommend the best to you, we have been around the block so we aim to save you the trouble and provide you with the truth.
All the best...
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