Best strategy in binary option trading | Top 10 strategies
A candlestick chart can alert traders to whether buyers or sellers are currently “winning the argument” in terms of the market of a particular asset. Utilising a candlestick chart along with several technical indicators can push your trading strategy to the next level.
Take advantage of the information offered on to get a better understanding of trading binary options and forex trading .
Open a binary options chart on your trading platform. Most have candlesticks selected by default. They are the long and short rectangles of varying lengths with little lines which extend from the tops and bottoms. The lines are like “wicks.”
If you believe it will be, you buy the binary option. If think gold will be below $1,250 at 1:30 ., then you sell this binary option.
It is advisable not to bet more than 5% of one’s capital in one position. Thus, if you have € 1000 on your binary option account, it is not advisable to bet more than € 50 in a single transaction. In the same token, it is not advisable to bet on a too large number of instruments that are correlated in the same direction. For example, it is not advisable to bet simultaneously on the fall of the EUR / USD, EUR / GBP, EUR / CAD, EUR / JPY, EUR / CHF … etc. In this case, you understand that a single jump upwards of the Euro currency (EUR) could jeopardize all your positions.
General Risk Warning: Trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to Binary Options or (b) any direct, indirect, special, consequential or incidental damages whatsoever.
Binary options are “all-or-nothing” in design. You either win or lose. There is no middle ground. Binary means 1 or 2. One or the other.
The contacts used are non-leveraged. This means that both the potential payout and liability on each contract is known up front. This means you know exactly what you stand to win and the limit of your liability if things don’t work out as expected.
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