Hello, everyone! I’m Mia. I’ve been in the online investment sphere for a some time now. I consider myself quite up to speed. So, I’m about to share with you some basic notions about binary options trading. So keep reading!
About 3 years ago, I had a financial troubles because of my inner calling to be an artist. I found them very hard to deal with. I was constantly looking to break free from the lifestyle I was leading in those days and then that day came when I decided to enter the online trading world. At first, the experience was really bad. I lost some quite big sums of earnings. I felt lost.
But as I gained more experience, I started to enjoy trading. I got into binary options investing and today I can proudly say that I have achieved the financial freedom that I was looking for. I have enough savings to finance my artistic endeavors as well as to allow myself a little bit of pampering. An exhibition or two, some clay projects. Not to mention a vacation here, some new stuff for the flat, there. And art everywhere, of course. That’s my biggest passion.
Another hobby of mine is writing. That’s why I started this blog.
So if you are reading this, it means you are also looking for the best trading solution. Let’s take a look at binary options trading, how to make excellent profit with it wisely and in detail.
The Idea Behind Binary Options
Binary options trading involves the trading of price fluctuations in the financial market. As a trader, you have to decide whether the price will go up or down within a specified time frame. These are the so-called put and call options. If your prediction is correct, you will gain some fixed monetary amount and if you are wrong, then you will lose the amount that you have invested on that trade. This is the exact thing that makes this type of trading so appealing. You can never squander more than you were willing to bet in the first place.
Trading binary options is very simple because there are only two ways to predict the movement of the asset price. It will either increase the value or it will go down. When compared with traditional options, binary options are much different. They come with different payouts and risks. The investment process is also different and so is the liquidity structure of the market.
What Is A Binary Options Broker?
In the world of binary options trading, the broker plays an important role. The broker holds the funds of the traders and they are also responsible for handing deposits and withdrawals and providing traders with a platform through which trades can be executed. A binary options broker also provides signals and offers trading solutions that can be beneficial for traders. Today, there are a number of reliable and reputable binary options brokers on the market. But, you must also keep in mind that the financial market is also flooded with scam brokers. This is the reason, you must be cautious and careful when it comes to choosing a broker.
When it comes to choosing a binary options broker, there are a number of things that you must look at. You must take the time to research each broker and choose one that you can trust. First of all, you must find out whether the broker is licensed or not. If they hold licenses from a regulatory authority such as CySEC, it means that they are trustworthy. You must also take a look at their trading platform, trading instruments, types of trading options they have, the range of assets you can trade and other special features that can enhance your profitability.
If you manage to open a trading account with a reputable broker, you will have a safe and secure trading experience.
What Is A Computer Trading Algorithm And Why Is It So Important?
Most binary options trading solutions have specific programming algorithms. Their creators take great pride in them. You’ll know this if you take the time and play a promotional video from a particular system that you’ve chosen. They usually provide extensive information about the computer codes. The algorithm is the heart and soul of the binary options signals. The quicker and well-written they are, the better the quality and efficiency of the signals is.
So, thanks to it the binary option robot gathers data and mouses for market patterns that repeat themselves. When it identifies some – it alerts the trader so he can place the bets. This is the most basic way in which an investment bot works.
salut_adminGood programming means that the software can instantly process millions, even billions, of bytes of information. It is able to analyze events in the quarter of a second after they happen. Since technological developments, political crisis or terrorist attacks, for example, have an effect on the lives of all of us, it is only logical that they do so too in the trading sphere as well.
To put in simpler words – this means that global occurrences affects the prices of stocks, currencies and assets. So a binary options robot with a good algorithm will suggest you only the most likely ones to up or down. It can also review charts and figures. Also, analyze them.
Traders should keep an eagle eye and inform themselves thoroughly about this basic but stellar feature of the financial systems. So that, you have a fairer chance of profiting.
Why Choose A Regulated Binary Options Broker?
Scams in the binary options trading industry are on the rise and this is the reason it is essential to choose your broker carefully. The broker that you open a trading account with must be regulated. The reason is that a regulated broker will always protect your savings and will never co-mingle their own funds with the funds of their customers. They will ensure that traders have a safe experience. When it comes to making withdrawals, the process with regulated brokers is pretty smooth. They will ensure that you get your profits.
Untrustworthy brokers will empty what you have put in your trading account in the blink of an eye. Then they will disappear into thin air as if they never existed. You should always try and report these hoaxes whenever you stumble onto them. Make screen shots, alert other users and spread the word. Crooks like that should never go unpunished.
But it’s not very easy to find and prosecute them. They literary adopt false personalities or steal the identities of respected broker. So that, all the blame can fall onto innocent people.
Brokers that are regulated are more reputable than those that are unregulated. Your funds will always be safe with them even if they go bankrupt. Depending on the country and region that brokers operate in, there are different authorities that regulate them. One of the most popular regulators is the Cyprus Securities and Exchange Commission which in short is also known as CySEC. This regulatory authority provides licenses to those brokers who offer their services to trades in the EU member countries. You can find more about it here.
Similarly, ASIC in another regulatory body that licenses brokers in Australia. There are a number of other authorities that regulate broker depending on the country they operate in.
If a broker is regulated, you can safely trade with them. A regulated broker will always adhere to the rules of their regulatory authorities and they will ensure the safety of your funds and your personal information.
This is one of the more negative aspects of binary options trading. You should always be alert and weary of scammers trying to get a hold of your hard-earned cash.
What Is A Binary Options Robot?
A binary options robot is a software system that has been designed to help traders execute trades. Traders can enjoy numerous benefits when they opt for a binary options robot. Basically, a robot monitors the financial market independently and looks for trading opportunities which helps traders save time on research. The introduction of robots has made trading easier and more convenient. Now, traders don’t have to undertake the hectic task of analyzing the markets. They are able to save hours of their time when they allow a robot to perform trading tasks on their behalf. When a robot has been set on auto trading mood, it will make its own predictions and when the opportunity is right it will also execute trades.
You can easily link your trading account to a binary options robot. Once you have done that successfully and have added funds to your account, you have to input your directions and the robot will start trading. As a trader, you have to determine how much you want to invest per trade, what assets you want to trade and what is the trading limit for the day.
Manual trading options are also available with most of the binary options robot. This means you can use the robot to generate signals for you and then you use the signals and decide if you want to place the trade or not. In manual trading, the robot will not trade on your behalf. You will be in total control of the trades being performed, but you must keep in mind that timing is very important and you must act on time to get the most benefit from the software.
Who Are The People Behind These Trading Bots?
In the best case scenario a team of expert financiers gather together to figure out which are the best ways people can make earnings with. The team also needs excellent programmers to create a fast and multi-functional algorithm. The people behind binary options trading solutions should live and breathe financial news, market trends and movements, increases and decreases. Making a proper investment bot requires knowledge, skills and hard work above everything else.
Of course, we have to mention also the abundance of binary options online hoaxes. Some of their founders are actually quite clever and intelligent people. But they use these traits only in order to achieve underground, subversive and clandestine goals.
There are tons of examples concerning this practice. People placing or to put it in more explicit words – misplacing their trust in these binary options trading scams. There are two directions in which a situation like this can develop. Either they never place a winning trade. Or, all of a sudden, the system vanishes from existence. Investors never hear from them again.
Sometimes they re-emerge under different names. You can recognize them from a distance because they rarely have the decency to change testimonials’ pictures and those of the creators. Which are also fake or stolen most of the time.
How To Find The Best Binary Option Robot?
One can never be too sure when dealing with this type of trading software. It is best to always keep an open mind and never hesitate to test new products that come out. The best binary option robot is very hard to find. But I am sure that it has several distinct features in common. First, they have all the necessary and required stamps of approval and certificates. And this is visible on their official website’s landing pages. Second, performing a research on it should only confirm what the creators have stated. Specific features must offer users something different than other binary robot software.
Auto binary robots usually possess peculiar programming codes. The sole core of the solutions is the algorithm. Without it even the best binary trading software will be unable to perform its main purpose – to send accurate signals to the online investors who are using it. So, it is of utmost importance to check via search engines what the user satisfaction rate is.
If it is high, then you won’t have to worry about the binary trading system you are utilizing. But if you happen to find out that there is an abundance of negative feedback, better opt for another one. No point in wasting your precious time on scams.
The sphere of auto trading software is a complex one. One has to search a lot in order to find just the right answer to his needs.
Another thing which investors are advised to do is do an investigation if the users’ testimonials displayed on some landing pages are trustworthy. Some founders of binary option trading software go as far as to steal people’s photos from their personal social media profiles and blogs. This is done in order to lure in innocent traders.
Everyone should watch out for these signs. They can provide you with legitimate proof whether a binary robot software is legit or a scam.
Using binary trading software can be tricky. But when you stumble onto just the right one, you will have the ability to achieve what you always desired.
You can read the reviews that are featured on this blog for further information and tips on how to recognize between the fraud and the prime binary options trading solutions. Almost every one includes thorough investigation of particular systems. But let’s mention a couple of them here:
- Stamps-of-Approval: These are the utmost important thing when it comes to trading binary options. They are the proof of authenticity that you can rely on. It marks the thin red line between the legit and hoax system. Never commence to sign up with a program that doesn’t have one. It means that most likely you will never see your renumeration again. It would be best if among the certified organizations you find the name of CySec. It is an official institution in Cyprus that regulates financial brokers.
- Interface: The way in which a certain binary options platform chooses to advertise itself is essential. This is not a 100% guarantee that the software is legit, but usually the more monetary amounts was put into the interface of the robot and its website – the more superior the platform is. The promotional clip that the company behind the bot shot is also of significance. If it has more special and visual effects, as well as luxurious and fancy stuff – it is worth investing.
- Broker’s Fee: It is normal for the broker to want a small amount of your profits in case he placed a winning trade in your name. Don’t be surprised by this. After all, he won you profits. It’s only normal for him go get his small piece of the pie. The usual fee that is considered acceptable is between 5% and 15%. Anything above this rate is ripping your skin off along with your wallet. Keep in mind that some brokers offer their services for free the first time you use them.
- Verifying the Statements: The world wide web opened a lot of doors in front of humanity. It brought them closer together. It gave them the ability to share thoughts, ideas and memories. It also gave them the ability to write and claim anything they imagine. Thank God, it also gave birth to the search engines. So, try and verify all the info that binary options trading systems state. Some of them are a pure work of fiction.
- Online Support: This one is also not always a must. But it’s usually a sign that a robot is reliable. Not to mention that its creators respect the people who are giving their savings – the investors. It’s also very pleasing to know that you can turn to someone experienced for an advise or clarification of something. The best binary options software offer support in several different languages.
- Initial Deposit: It’s not a very ace indication when the amount required to start trading exceeds the $ 250 – $ 350 frame. C’mon, users have probably invested a ton more than this all the times that they’ve traded using a particular software. Especially, if it was genuine and consistently generated them profits. So any initial deposit exceeding $ 350 is a total no-no.
Enjoy Reading And Always Keep An Open Mind
Don’t forget that in the complicated and somewhat kaleidoscopic sphere of trading binary options you’ll experience the diversity of finances to the fullest. Never let it scare you. Profits could be made, even extensive ones. This is not an impossible task. You just have to be susceptible and always ready to try something new.
Also, acknowledge the fact that there will be times when things won’t be painted in very bright colour. The key to success is not in failing and giving up. It lies in the fact that you have to pick yourself up and look for other solutions. Make wise and educated decisions and execute them with the help of a lot of back-up information and precision of judgments.
I sincerely hope that you find my reviews and articles helpful. Feel free to comment, ask questions and don’t forget that pro-active learning is the best type of learning.
Last but not least – no matter how serious the subject – have fun while trading. Life’s too short to be cold sober all the time!