Binary options – Tips For The Advanced

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Binary options – Tips For The Advanced

1) What exactly is a trading strategy?

A detailed explanation of how the strategy works, see: BINARY OPTIONS STRATEGY.

Trading strategy is mostly( I mean at least on our web) used for trading and following the certain rules. We always use a program Meta Trader 4. Another strategy, that has proved itself is a signal strategy. Thanks to this one, I’ve started to gain a proper interest and study binary options in depth.

2) But what is the Meta Trader 4?

Meta Trader 4 is a program that you’ll download into your PC. It’ll help you a great deal with decision-making and implementing profitable binary options trades. How to download and install Meta Trader can be found in these articles: What is MT4 and How to install Meta Trader 4.

More on meta trader here: Meta Trader 4 Show

3) Where can I found these strategies?

Strategies on our website can be found here: Binary options strategy. I am constantly trying to add new once, even though I’ve been a little stuck lately. Anyway, you can look forward to another strategy soon.

I also sometimes share a strategy on our website or in articles. If you’ll find another strategy online, do not hesitate to send them to my email and I can then share it publicity for all of us or you can add it yourself in the forums! ��

4) Is there something else then these easy strategies?

When this (little) earning strategies haven’t been enough and they haven’t been absolutely tip-top, I’ve always wanted something more than blindly follow some indicators that you can’t even trust completely, when you have no idea how exactly they work. Yes. The thing I was hoping for and how most of the binary options traders earn their money is called price action.

It is a type of a trade based on price fluctuation. Unlike a technical analysis, price action trader doesn’t use indicators.

An example of price action trading is a trend trading.

Once in a while ( I try as often as possible) I write articles on precisely this type of a trade. Anyway, I use price action myself, so I share my observations with you and also how you can become a profitable trader like me. You can find them here: price action/ technical analysis articles.

5) And what strategy is the best?

The best strategy should include both fundamental and technical analysis. It shouldn’t rely completely on indicators, but also on the human factor and also on everything you’ve learned so far.

6) Can I really earn something?

You bet. People often say that it’s a nonsense. This is absolutely not true. I can assure you that people who don’t believe on binary options and its profits either tried to trade and weren’t successful or they are the negative critics and their cup is always half empty.

However, we know that the cup can also be half-full, at the same time and we look at the world objectively. Tell me one reason why we should not earn anything with binary options.

Binary Options – Tips for the advanced traders

On our web xbinop We focus not only on the novice traders, but also on all those of you, who have been interested in options, for quite a while. I am sure you focus only on the most profitable strategy and that’s why this site has been created. Here, you’ll find out:

1) Something more about Price Action

There has been a lot said about price actions and we all already know that they’re, for all the advanced traders, the best way, to encounter the way to enter a trade. But do you also know what types there are? How to look for a way to enter a trade? What are trend lines, fibonacci lines, internal and external trends and many more. These are things that every binary options trader should know.

You can learn a lot about them in our articles, right here: technical analysis show

2) What are indicators?

You may wonder why, once, I say that there are excellent strategies using indicators and than I say that price action, where there are no indicators, are much better. The truth is that indicators are often inaccurate. On the other hand you can often use them to enter a trade and actually win a trade with them, because they are very easy to use, suitable for beginners trading on demo. It’ll help them get some kind of feeling.

There are also a lot of indicators, that we use not for their help to enter a trade, but rather for their simplicity and clarity. I’ve written about some of them here: important indicators.

3) Literature worth reading

Literature and Education are the most important things in this game. There is no doubt about it. But what books do I read? Let’s have a look at the list.

  • Long-Term Secrets to Short-Term Trading – Larry Williams
  • How to Make Money in Stocks – William O’Neil

All these book are available online and you can buy them cheaper in auctions or maybe rent them in your library for a fraction of the price of the new book.

4) Brokers for different types of options

I am sure you already know, there are a lot of different types of binary options. I am going to put down a list of best brokers for each type of options and will also tell you why.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

>Short-term options(60 seconds, 90 seconds, 120 seconds) – StockPair. Their response is amazing. The moment the countdown ticks a zero, the option expires. This is not very common and usually you have to wait 2-5seconds. Additionally, if right before your click the price changes even for couple of pips( bigger fluctuation), the application will ask you, whether you’d still like to buy the option.

>High / Low option (5 minutes – 60 minutes) – Stockpair. Stockpair has a beautifully arranged platform. In addition, maybe this broker is the only one that offers you exact expiration times. Other brokers will give the expiration times up front( for example 12:45), so your option can expire in 7 or 22 minutes. It’s never the same.

> Long-term options (hours, days) – TopOption. Topoption offers a nice percentage of earnings plus the possibility to re-sell the option. If you see that you might lose the option and you’ll realize it on time, you have the possibility to re-sell it and get a payback of the part of the purchased price. If the options is currently profitable and you are afraid that it might turn the other way, you can also re-sell it and collect a little profit.

> Touch / No Touch option (short-term) – TopOption Beautiful function of a short-term Touch/No Touch options that is offered by a TopOption. I haven’t seen a shorter one then couple of hours, anywhere else. In TopOption it’s for instance an hour or half an hour ��

5) We already know a lot

Do you think you can’t learn anything new from me? Do you think you know stuff that you haven’t found on this website?

Feel free to share it with us. Let’s help each other out and built a community, where people will share tips and tricks, so we can all get better. I am sure,I won’t be the only grateful one.

5 simple Binary Options Tips & Tricks

What is the key to success with Binary Options? – On this page, I will show you the best and simplest Tips & Tricks for trading Binary Options. That is a piece of advice for beginners or advanced traders. With more than 5 years of experience in trading, I know what I am talking about. It is always the same mistakes why traders lose their money to the markets.

It is important to go through all the steps and techniques on this website because only one mistake can cost you a lot of money:

1. Know the risk of trading (Risk management)

If you start trading you have to risk money on the stock exchange in order to make a profit. Most of the time this fact is misunderstood and traders care less about the risk. Binary Options are very risky to trade because you can lose the invested amount of money. That means you have to have a higher hit rate than 50% to make a profit over a long time horizon.

Sometimes there are loss stikes for beginners or advanced traders. It always can happen to you because the market is different and flexible in his price movements. Sometimes you lose more than 10 trades in a row. That’s why you need sensible money management.

Sensible money management means long-term success.

Money Management:

It is important to use your funds wisely. That means that you should protect your account against loss strikes. Most traders risk too much money of their account balance and then they wonder why they start trading irrational and with emotions. It is harder to lose 100% of the account balance than 10%. Sensible money management means that you only risk 1% of the account balance per trade.

Example: You got an account with the balance of 10.000$. Risk of 1% is 100$ investment in each trade. That allows you to lose more than 10 trades in a row and so it is easier to accept the loss.

Also, you should always use the same amount of money for your invest (percent of account balance). Professional traders know this fact and they are growing their accounts continuously and not in huge steps.

2. Start investing with a small amount of money

Nowadays you can start trading with a small amount of money like 10$. In my opinion, you should start with a small deposit like 50$ or less. After you feel comfortable and do a profit with the small account balance you can invest more money. It is important to stack up risk if you trade well and profitable. You never should do it the way around. That can be very bad for your hard earned money.

  • How much money do you want to fund into your account?

That is another question for traders. As mentioned before I always start with a very small amount in a new trading account. After I gained some profit I feel comfortable and able to invest more funds into my account.

3. Choose a regulated Binary Options Broker

Another tip to improve your results is to choose a regulated Binary Options Broker. It is much safer for your funds. This is the shocking truth! Unregulated brokers sometimes scam their clients. That is what should be avoided by this tip. I personally cannot trust an unregulated company that´s why I created the comparison below. In the table, you will find regulated brokers for trading Binary Options. The funds are safe with them and you will get your payout directly.

Best Platform
Highest Yield
Best Support

Broker: Review: Regulation: Yield: Advantages: Open Account:
1. IQ Option (5 / 5)
Read Review
CySEC (EU) up to 100%+
2. Olymp Trade (4.8 / 5)
Read Review IFC 92%+

Huge diversity
High Yield 92%
Bonus Program 3. Expert Option (4.8 / 5)
Read Review VFSC, FMRRC 90%+

Good Platform
Account Types
Good Education

4. Develop a strategy and trading rules

Trading without a plan is not a good idea. Every professional trader got his own strategy. From my experience, it is not a good idea to copy a strategy for 100% too. First of all, you should practice trading in the demo account for getting new experience in the markets. In addition, you can learn strategies and get higher knowledge through the education center of the broker or the internet.

On my site “Binary Options Strategy” you can learn about my best method to trade the markets. It is important to get a trading routine by strict rules. It should be lite a system which is working correctly. In conclusion, there are a lot of good working strategies on the internet but most traders do not follow the rules exactly. It is very hard to trade the exact rules for a human.

Create a checklist for your trading routine, I will give you an example:

  • Check out the market news
  • Which time is it?
  • Which markets are open?
  • Where was the open of the markets?
  • Are there any support and resistance prices in the market today?

Development of a trading strategy

Personally, I got strict rules for entering the market. My “false breakout strategy” allows me to trade only on certain levels in the market. I am searching for highs and lows and wait for the break. That’s all that I am doing. Very simple and clean. But it is hard to follow the rules every time because the market always moves and maybe gives you other opportunities to trade. I try to ignore the other opportunities for better results of my strategy.

5. Do not do overtrade

This is the last tip for trading successful Binary Options. Overtrading is one of the most common mistakes of beginners. Especially for a short-term day trader, it is difficult to do not overtrade. That means to trade a high volume in a lot of different trades. In my opinion, you should make a rule that you do not trade more than a certain amount in one hour. The problem is the concentration of human consciousness.

In addition, it is important to take breaks from trading to get a recap and relax for some time. Short-term trading is one of the hardest methods to trade the markets. The price always moves very fast from the one end of the chart to the other end. I recommend to trade a maximum of 1 hour and then do a break for 10 minutes. Do not become addicted to the markets. Often it will blow up your account if you do not trade rationally.

  • Just spend one hour by trading the markets
  • Do a break after it
  • Start again for one hour
  • There should be a daily time limit and trade limit

How to win Binary Options every time?

Did you ever ask this question to yourself? From my experience, it is impossible to win every trade. The best traders got a hit rate of more than 70%. They also got lose trades or strikes. It is all about the probability to win in the markets. The probability cannot be 100% because there are other humans who react to the markets. You can not make a forecast for 100% about to a human reaction.

Another possibility to get knowledge about the hit rate of your strategy is to do research and analyze bar by bar the last price movements. Do it by yourself and you will find out that there is not the same price movement occurring every time. In addition, you should never trust somebody who says that he always win Binary Options.

In conclusion, the key to success is practicing trading and get more knowledge about the markets. The best way to practice is a free demo account with virtual money. It is simulating the real money trading and you trade without any risk. After you learned a proven strategy the way is open to earn a lot of money.

What are the best trades for beginners?

Binary Options is a flexible financial product. You can customize the trade like you want before you click the call or put button. But what are the best options for beginners?

From my experience, I recommend for beginners to do not do short-term trading like 30 or 60-second trades. It is a way too fast for beginners. All in all, it is easier to use higher timeframe because you got more time to react to the markets. Beginners are too slow for watching 30 or 60-second charts. Furthermore, beginners should trade the most traded assets by their broker because they give them the highest profit of 80-95%.

  • Avoid 30 – 60-second trades
  • Trade the most traded assets by your broker

Beginners should avoid short-term trading

Review of the Binary Options Tips and Tricks

On this website, I showed you different techniques to improve your trading results with Binary Options. You will get more profitable trades if you follow my tips and tricks. In conclusion, there are a lot of different mistakes traders make. Often they do not know what they are doing and then they wonder why they lose a huge amount of money.

As mentioned before knowledge is the key to success. That’s why I created this page for you.

  • Risk Management
  • Start with a small amount
  • Regulated Broker
  • Strategy and rules
  • Overtrading

The tips complete each other. Every bad trader starts with wrong risk management. Stop increase the risk if you are losing. Professional traders increase the risk if they are winning. It makes no sense to risk more money in a losing strike. It will make the losing strike even bigger. On the other side, you should increase the risk in a winning strike. Start with a small amount of money for your first trades. If you do it well and feel comfortable with the platform, you can increase the risk. You will gain more and more self-confidence after you won some trades in a row. That allows you to trade better and accurately.

The most beginners ask: which is the best Broker for Binary Options? – I recommend using a regulated broker like IQ Option, Olymp Trade or Expert Option. Check out the upper table and create a free demo account or read the big reviews of the brokers on my website. It is important for me to use a regulated broker because I cannot trust unregulated one. I want to be safe by investing money and not get scammed.

The last 2 tips are supporting each other. By using a professional strategy you will not overtrade in the markets. Strict rules and knowledge is the key to success with Binary Options. I hope you enjoyed this page and you will make less losing trades.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
    BINOMO

    Trustful broker.

Binary Options Trading School
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