Archive | Binary Option Trading

Why I Do Not Provide Binary Signal?

I have been receiving emails from readers asking me why I do not provide any binary option signal service and therefore I will like to take this opportunity to tell you guys why I do not provide such a service.

If you are a student of my binary option mastery course, you will understand why I can’t provide such a service.

In fact, for all binary trades, the entry of the trade can only be confirmed at the final few seconds. Even when I notify you at the final few seconds of the trade that it is a valid trade, by the time you see the signal and enter it, you will be late for the trade and the outcome will be different.

That is precisely why I dare to say that all the binary signal service in the market are mostly generating random signals for their users.

Some of you may argue that those signals service may be giving out the signal based on the trend. If they find that the trend is down, they will then give you the signal to enter LOW trade.

However from my personal trading experience, I can tell you for sure that you will lost money if you simply enter trades based on the trend of the market.

Unlike forex trading where the trend is your friend, the trend does not help you in binary trading at all. This is because each trade only last for 2 or 5 minutes and therefore the trend is not able to make any effect on the trade.

I believe that some of you may have heard of your broker/course telling you to enter consecutive trades in a certain direction. This is just a way to help you wipe out your account and not grow your account.

Even when the price is in a downtrend, you will not see all the candles showing RED candle. There are sometimes consecutive BLUE candles that could hit your account hard if you use this technique.

I have received an email from one of my blog readers sharing with me the technique taught by his broker. What they are using is the Martingale techniques where you will double your trade size if you encounter a losing trade until you make a winning trade. In the end, his $20,000 account was wiped out. Similarly, they are trading based on the trend.

Therefore I will like to take this opportunity to warn all of you guys here not to believe in those binary robot or binary signals service as these are the works of marketers.

The only way you can make consistent profits in trading binary option is through trading it yourself with a set of reliable strategies.

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Can You Trade Forex & Binary Together?

Personally I am a forex and binary trader. I started forex trading in 2009 and binary trading at 2012. In fact, I have been making consistent profits in my forex trading since 2009 and what really entice me to go into binary option in 2012 are the following

1) Ease of Trade – After studying this mode of trading currency, I find out that binary option is very simple and it is its simplicity that leads new traders to think that they can easily make money from it even without a proper strategy on hand.

This is the number one reason why most new traders got their account wiped out in binary trading. They think that this is a get rich quick scheme as there are only 2 outcome for binary trade. UP or DOWN?

Therefore they rely on guessing the direction of the market to enter their trades and in the end they usually got their account wiped out.

For binary trading, you do not need to worry where to place your stop loss and where to take the profit like what you did in forex trading. As long as the price is 0.1 pip in our favor by the end of the option, you will make money.

Trust me, binary option is like any sort of trading which is profitable and proper. Therefore stop treating it like a get rich quick scheme and you will start to make profit from it.

2) Duration of Trade – I must say that binary option is the easiest way anyone can scalp the currency market. As a forex trader since 2009, I have been scalping EURUSD, GBPUSD, USDJPY and GBPJPY on my forex account for a long time. Since I get to know about binary option, I find that scalping the currency on binary platform is much much more easier than forex platform and best of all very quick and effective.

Each binary trade takes about 2 or 5 minutes depending on which option you take.

3) Requires Same Effort – The reason why I ask my forex students to trade binary as well is because you do not need to spend additional time to trade binary option.

As you need to look at the chart when trading forex, if you see a binary trading opportunity occurring, you can then enter the binary trade and then continue to wait for your forex trade to come.

Therefore to me, binary option helps me to increase my income as I have 2 trading income sources now.

I will like to use this post to warn all of you out there never to believe in those binary robot or binary signal or those automatic binary software as these are the works of marketers who just want to make money out of us traders.

I have students and readers who had lost a lot of money with these stuffs.

Trust me, the only way you can make money from trading is to trade it yourself as no one is more concerned about your money more than you.

 

 

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Can People With No Experience In Trading Make Money With Binary Option

I have been receiving emails from readers who are totally new to trading asking me whether they can make money from trading binary option after taking my Binary Option Mastery course.

Therefore I will like to use this post to answer this question as I believe that there are a lot of you guys out there who are having the same question.

First of all, I understand that a lot of you guys are looking for way to make extra income to supplement your current day job income.

In fact, a portion of readers on my blog have tried to make extra income via creating an online business. Sad to say that majority of them did not make a single cent even after paying so much for courses and software that can help them to build a website.

The problem with most courses in the market be it on make money online or trading is that they tend to create a hype in their ads to lure you into joining their course.

Setting up a website can be very simple but the tough part is how to get people into your website and do you really have the knowledge to answer your readers question.

Frankly speaking, trading is in fact the best way to make extra income online as you do not have to worry about how to build a website, where to get the traffic and how to answer people’s question.

You simply have to be able to interpret the chart and enter a trade when the opportunity comes. You do not have to worry about whether the market is in recession or not as you can trade both direction of the market.

To me, this is a recession free career. I have been trading forex since 2009 after the Lehman brother issue and I make a decent income every month when the rest of the world are suffering from the recession.

That is why I decide to come up with this blog and course to help other people out there to prepare themselves for the next round of recession before it hits us.

Do note that trading binary option is not a get rich quick scheme. It requires your effort to learn and practice what you have learned in order to be able to make consistent income from it.

Now back to the question on whether someone with no experience can make money from trading binary after taking my course.

The answer is YES. Binary option trading is very simple if you have a reliable strategy on hand. Unlike forex trading where you need to know where to place your stop loss and target profits, binary option dun have to worry about this.

You just need to follow the exact steps I teach in the course and you will be able to execute the trade exactly like me.

The only different between you and me is your hesitation time. For me, I have been using the strategies for years and I have absolute trust in them. Therefore when I execute a trade, I trade like a computer. I enter the trade without hesitation.

For new trader or trader who had just learn my strategy, you will hesitant and enter the trade late at time which could cost you losses sometimes when the market movement is mild.

Therefore I emphasize a lot of practicing. It is through practicing that you build your confidence in the strategies which in turn allows you to enter a trade without any hesitation once the setup is right.

For people with no experience at all, you will still be able to understand my teaching as I have made them as layman as possible. In fact, a lot of my students here are new to binary trading and they are doing well after taking my course.

So if you have any question regarding trading, please feel free to contact me via the “Contact Me” button at the top of this website.

For those of you who are interested to learn the exact strategies that I am using to trade everyday, please click on the link below for more information about my course.

Click Here To Find Out About My Course

 

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Problems With Binary Option Brokers

This post is a consolidation of the feedback from readers of my blog about the binary option brokers that have used before. In this post, I will not disclosed the broker’s name.

No matter whether you are trading stocks, forex or binary option, you will need to have a reliable broker that you can trust. For me, there are 2 things that I am very particular about when choosing my forex broker and binary option broker.

Continue Reading

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How I Stay Profitable Everyday Even When I Had a Losing Trade

In trading, you can’t be winning 100% of the time and therefore there will be times where you will have a losing trade.

However there is one technique that I have been using for trading binary option that allows me to stay profitable everyday in trading. Some of you may not believe it but I can’t force you to believe it as everyone has the freedom to believe in what they believe.

In the Binary Option Mastery Course, I actually teach all the student a way to recoup back their previous losses which is shown in this live trade video today. In fact, it is pretty ironic at times when I am recording my live trade video.

One side of me wanted the trade to turn out to be a losing trade as people are constantly asking me why most of the live trades video here in this blog are winning trades. In fact, I have written a blog post to answer the question.

http://binaryoptiontraining.org/why-most-of-the-live-trade-videos-on-this-blog-are-winning-trades/

Another side of me always wanted all my trades to be profitable as this is real money at stake.

In this video, you can see how I can stay profitable at the end of the day even when I had a losing trade.

Below is another live trade video that I have recorded using the Recoup Losses Techniques that is taught in my Binary Option Mastery Course.

http://binaryoptiontraining.org/live-binary-trade-on-30th-march-2015-using-recoup-losses-techniques/

For those of you who are still struggling in your trading, it is time to end it. You can consider my Binary Option Mastery Course where it will teach you everything I use in my trading.

In addition, I am going to take the risk off you by giving you a 120% refund policy as long as you can find a fake winning trade on my performance report.

This is to show you how confident I am about the report and If I am able to make money constantly since 2012, I dun see why you can’t.

For those of you who will like to see exactly how I trade everyday, please click on the link below to see how you can gain FREE access to my Live Trading Room

Click Here For My Live Trading Room

 

For those of you who are interested to learn the exact strategies that I am using to trade everyday, please click on the link below for more information about my course.

Click Here To Find Out About My Course

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Why Most of The Live Trade Videos On This Blog Are Winning Trades

The purpose of this post is to answer the above question which is asked by one of the readers of this blog.

In fact, I believe some of you are also wondering why most of the videos here in my blog are showcasing winning trades and some of you might think that I only show you the winning trades and omit the losing trades. Continue Reading

Posted in Binary Option Strategy, Binary Option TradingComments Off on Why Most of The Live Trade Videos On This Blog Are Winning Trades

The Best Way To Scalp The Forex Market

If you have been following my blog, you will know that I am a binary and forex trader. If you are a student of my Binary Option Mastery Course, you will know that I do trade the EURUSD for binary option.

To me, it is equivalent to scalping the EURUSD as I trade the 2 minutes and 5 minutes option. The difference here is that I do not have to need to know whether the price will hit my target profit or not as I will make money when the price is 1 pip in my favor.

The strategy that I have formulated in my Binary Option Mastery course comes from the concept of scalping the EURUSD and it really works and I have been making consistent income with them since 2012.

Most readers of my forex blog wanted to learn how to scalp the forex market as they want to enter and exit a trade fast. The key to profitable forex trading lies in the risk reward ratio and most scalping strategy have a risk reward of less than 1.

Just in case some of you do not know what risk reward is, let me spend sometime to explain it to you.

For example, you enter a trade and you place your stop loss at 15 pips and target profit at 30 pips, you will have a risk reward of 1:2 for that trade which means that one win can withstand 2 losses.

However in scalping, you usually set your stop loss at 15 pips and target profit at most at 15 pips which gives you a risk reward of 1:1 or sometime less than that.

Most importantly, you will only make money when the price hits your target profit in the end. Therefore I am not a fan of scalping in forex trading.

However I find that it is very easy to scalp the forex market on binary option platform as I will make money as long as the price is 1 pip in my favor.

For example, if I analyzed that the EURUSD is going to move up in the next 5 minutes, I will enter a 5 minutes HIGH option. When the price ended up 1 pip higher than the time I enter the trade, I will make a profit.

To me, this is a very easy way to scalp the forex market and that is also why I became a binary option trader as well.

For those of you who are a fan of scalping the forex market, you can explore my blog here and watch those live trade videos that I have recorded for readers here.

Click Here To Watch Those Live Trades Videos

You will see how I make money from scalping the forex market.

If you are still struggling in your trading, you can take a look at this blog post that I have written to show you how to formulate your own binary option strategy.

Click Here To Formulate Your Own Strategy

 

 

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Alternate Way To Trade Stocks

If you are a stocks trader, most of the time you are going to make money when the stocks are going up. However there is another way you can trade stocks and make money even when they goes down.

The good thing about this method of trading is that the maximum amount you risk per trade is the amount you trade. You will never run into debts as you can only trade the cash money you have in the account.

Unlike stocks trading where you have to hold the stocks for sometime, this method of trading stocks allows you to take profits within 15 minutes or even a day.

Stocks1

For example, if my analysis tells me that Amazon is going to move down, I will enter a LOW option for Amazon and I can decide the time for the option to expire.

If the price is 1 cent below the price I enter the trade, I will make a profits according to the percentage payout.

stocks2

For the example above, you can see that option for Amazon pays 73% and if I enter a $500 trade, I will make a profit of $365 if the price is 1 cent below my entry. What can be easier than this method of making money.

In fact, you are not restricted to trading stocks only when you are trading binary option. You can trade currencies, indices and commodities as well in binary option.

Indices1

Commo1

Currency1

However you must have a good strategy in order to be able to make consistent profits from trading binary option. For me, I am a currency trader and when I decide to trade binary option as well, I started to develop my own strategy for the EURUSD.

If you take a look at my live trade video, you will see that I trade the EURUSD only for binary option.

If you are interested to find out more about the profits I made from trading binary option, you can click ont he link below for more information.

Click Here For My Income Report

 

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Peek Into My Live Binary Option Account

In this post, I am going to show you a video of my live binary option account so that you can see the various features of the broker I am using and please watch this video to the end as I was lucky enough to see a trading opportunity for my KB5 strategy during the recording of this video. Continue Reading

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My Binary Option Experience

Actually I was introduced to binary option by one of my friends after a few years of trading forex full time. After listening to his explanation about how binary option can work hand in hand with my current trading, I decided to find out more about it. In the end, I got into it and now I am making a consistent income with it. However things did not start off smoothly for me when I get in touch with binary option trading as I am pretty new to it.

Using my experience in forex trading, it took me close to 6 months to slowly fine tuned 3 binary option strategies that allows me to make a consistent income till today. But first of all, let me tell you more about binary option just in case you are new to it.

So What is Binary Option

If you have trade options before, you will have some understanding on how it works. However if you do not have any experience with options like me, this is not rocket science.

What you do in a binary option is to either decide whether the currency pair you are interested in is going to rise or fall within the next 60 sec, 2 minutes or even 5 minutes depending on your own preference. If you think that it is going to rise, you will choose a CALL (HIGH) option. If you think that it is going to fall, you will choose a PUT (LOW) option.

Let says that you have enter a CALL option and the currency that you trade on ends up with one pip higher than your entry, you will make a profit based on the percentage given. Do note that different currency pair has different payout.

For example:

You can see the picture below; the EURUSD pair is having a payout of 75%. If you enter $200 to purchase a CALL (HIGH) option as you believe that the price will rise above the current level for the next hour and indeed it ends up higher. You will make a profit of

75% of $200 = $150 and your total payout will be $350

Blog1

Is Binary Option Suitable For Beginner

In fact, the binary option suits both the new traders who has no experience as well as those experienced trader. As a experienced currency trader myself, I will do an analysis on my chart and I will use the binary option together with my trading.

For example, I saw a valid trend line break on the hourly chart and I decided to enter a LONG trade. After I have placed my stop loss and target profit, I will go to my binary option account to choose a CALL (HIGH) option.

If it is a valid trend line break on the hourly chart, it will always move above the trend line for the next hour before it may comes back to retest the level.

At the end of an hour, even if the price has not hit my target profit on my forex platform. I will still make money from the CALL (HIGH) option that I have purchased as there is no target profit with the CALL (HIGH) option, as long as the price is higher than my entry level, it will make a payout.

With the profit made, I am now able to cover the trade even if the price came back to stop me out.

Advantages of Binary Option

No Stop Loss – I understand that new traders tend to have problem with the placement of stop loss. With binary option, you do not have to worry about placing stop loss as your loss is being fixed to a certain amount. From the picture below, you can see that there is a “Out of the money” statement and that is the amount you will get back if you are wrong in predicting the direction of the market.

No Target Profit – Unlike normal trading where you have to worry about your target profit. With binary option, there is no target profit. As long as the price close one pip higher than your entry, you will make money if you enter a CALL (HIGH) option.

Good Payout – Although the payout is not as high as what you will get from your normal trading which can sometime vary from 1:2 or 1:3. It is considered a good payout as you will make 73% profit even when the market closes one to two pips in your favor.

Higher Probability of Winning – In the case of normal trading, we will only make money when the price moves and reaches our target profit. Let says that I enter a trade and place a target profit at 100 pips, even if the price moves to 90 pips, we will not make any money.

However if we enter a CALL option and the price ended with 5 pips higher than our entry, we will still be making money.

Personally I will recommend anyone who are interested in trading to learn how to trade binary option as it is very easy to learn. However you must have a good strategy on hand in order to make consistent profits from it. You can never make any consistent income simply by guessing in binary option trading as it will be equivalent to gambling in a casino.

I have written a blog post to share with you Effective Binary Option Indicators that you can use to trade everyday. I understand that there are a lot of you guys who are trading without a proper strategy on hand and this is very risky.

Click Here To Learn About Those Indicators

 

 

 

 

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How Binary Option Complements Stocks and Forex Trading

Some of you here in this blog are stocks or forex trader and are just trying to explore how you can make additional money with trading binary option. Therefore I will like to take this opportunity to share with you how binary option can complement stocks and forex trading as I myself is a forex trader.

Personally, I am a forex trader and I started trading forex full time since 2009. I was introduced to binary option by a friend a few years later and the reason why I got into binary option as well is it can actually complement my forex trading.

For example, when I am trading EURUSD on the forex platform and my strategy tells me to enter a BUY trade which means that the price is going to move up. As it takes time for the price to hit my target profit on my forex platform, I will also enter a CALL (HIGH) option on EURUSD on the 5 minutes chart.

Since binary option does not have a target profit, I will make money even if the price is 1 pip in my favor after 5 minutes. Similarly if you are a stock trader and you enter a BUY trade for BARCLAYS. You can also enter a CALL (HIGH) option on BARCLAYS and if the price is UP in your favor after 5 minutes, you have locked in a profit.

The money that I have made from the binary trade can be used to cover the forex trade if it ended up losing in the end as the price reverses and this is exactly how I use binary option to complement my own forex trading.

You can definitely use binary option as an additional income if you are a stocks, currency or commodities trader since you have already analyzed the market movement.

Binary option is a great way to make fast profits as each trade expires in 60 seconds to 5 minutes time depending on which type you trade.

I hope that you understand what I am explaining here and do look out for more posts by me here in this blog.

If there is anything you wish to know about binary option, do feel free to drop me an email using the contact form.

I have written a blog post to share with you Effective Binary Option Indicators that you can use to trade everyday. I understand that there are a lot of you guys who are trading without a proper strategy on hand and this is very risky.

Click Here To Learn About Those Indicators

 

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Can Anyone Really Make Money With Trading Binary Option

I bet that most of you must have heard of binary option trading but I doubt most of you did not actually make money from it in the past. The problem with most binary trader is that they tend to treat it as a gamble and not a trading platform.

Most binary trader does not have a strategy that produces genuinely good winning percentage which is actually the key to profitable binary trading. Unlike forex trading where you can have a good risk reward ratio in each trade, binary option trading has risk reward of less than 1 which means that you have to win more trades in order to be profitable.

The reason why I decided to write this blog post is to share with you guys an email that I have received from one of my binary option student & forex street university student.

The advantages of binary option trading is that it gives us quick profit and do not need us to worry about where to place your stop loss or target profit. It is a great tool to complement those of you who are trading currency and that are why I go into it initially.

With my forex experience, I started to try out several strategies for binary option and slowly fine tune it to make more winning trades than losing trades.

In about 6 month’s time, I started to make consistent income from trading binary option and this income has now became my source of income for my family expenses. This allows me to keep my forex account intact so that I can grow the money in it.

Personally forex trading is a good way to grow wealth while binary option trading is a good way to make money to pay your bills. Therefore let me share with you 2 tips on how to stay profitable in trading binary option.

1) Good Winning Percentage In order to make good profits from trading binary option, your strategy must have a good winning percentage. In fact, your strategy must have at least 70% accuracy in order for you to be able to make profits in binary trading every month.

For example, if you trade 50 trades and there are 35 winning trades and 15 losing trades, below is what you will make if you trade $200 per trade with 80% payout per winning trade.

35 x $160 = $5,600

15 x -$200 = -$3,000

Total Winning will be $2,600

2) Stay Focus One major problem of most binary traders is they tend to trade a lot of currency pairs at one go and this is one of the main reason for their losses. Therefore if you are currently trading binary option, I will suggest that you stick to one currency pair. For me, I only trade the EURUSD for the binary option and that is also one of the reasons why I manage to make profits from trading binary option.

The above are 2 tips that I want to offer to you guys.

For those of you who are still struggling in your binary option trading, you can take a look at my Binary Option Mastery Course that comes with a 120% refund policy

Click Here For More Information About Binary Option Mastery

promotion

As most of the readers of this blog signed up for the broker I am using, they have contacted me to make this promotion available to everyone here in this blog.

For anyone who sign up and made a deposit with the broker I am using, you will get to receive a FULL VERSION of my Binary Option Mastery Course. Do note that you have to sign up via the link below so that they know you are a reader of my blog.

Once you sign up and made a deposit, please email me at [email protected] so that I can give you access to the course.

Click Here To Sign Up And Get Your Copy of My Course

 

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