How to win on binary options: step by step instructions

To win on binary options, it is not enough just to register your personal account or even study the features of the trading platform. Any business always starts with a thought, so in order to play, and most importantly, earn on binary options, you should be aware that this is not entertainment at all. This is a job that requires desire, certain knowledge, patience and prudence.

What you need for successful trading

Has anyone won on binary options? Of course, you can not only earn extra money, but also make trading your main way of earning.

It is difficult to imagine fruitful work without developing your own trading tactics and trading strategies. What strategy should a newcomer adhere to, who is still not fully versed in the theory of this issue, does not know the terminology well, but is already dreaming of getting something from working in the stock market?

Now there are many trading methods, but which of these many will really help and give an income? How to win on binary options constantly? There are automatic bots for trading, how effective are they?

How to play binary options and win

Where to start a beginner trader? Is it possible to win on binary options? For starters, it’s worth understanding that it’s really possible to win on binary options. And this may well become a steady income. How to win on binary options? Here are some tips for newbies in the stock market:

1. Treat trading like a job. You have a lot to do, learn a large amount of theoretical information. Learning the basics will take a lot of time, but during this time you will realize how profitable to engage in trading.
2. Choose a platform for working with the mind. There are many false companies, so if you choose an organization at random, then the probability of getting into scammers is very high. What factors should be considered when choosing a broker? Firstly, you need to read reviews about this company. And only real reviews from real people who collaborated with her. Secondly, you need to find out how much the company exists in the market. Thirdly, pay attention to the structure that governs the selected organization.
3. Create your own working method. Market strategy is a major factor in profitable trading. That is why it should fully correspond to you and be tailored to your trading principle. This principle will be much more effective than that taken from other traders.

Secrets of a Successful Strategy

Is it possible to win on binary options? Of course, all the more often the matter is not at all about natural intuition and intuition, but at the right strategy. What is a successful strategy:

1. You must choose the right analysis tools and study the exit points.
2. Know the rules of money management.
3. Understand human psychology.

Once again, we highlight what is necessary to win on binary options:

1. To constantly improve and not rely on luck alone.
2. Choose the right broker, analyze, switch to another platform if necessary.
3. Make profitable deals, adhering to your strategy.

Profit Methodology

The price on the market is constantly on the move, how to win, given the ever-changing direction of prices? Let's see how to win in the binary options "Olymp Trade" (Olymp Trade):

1. First, we focus on a volatile trading instrument with optimal rewards. The EUR / USD currency pair is perfect, which will allow you to get a return on Olymp Trade of about 85-90%.For optimality, the price chart should be switched to a 1m timeframe so that each candle corresponds to 1 minute.
2. Now we select the trend movement, this can be done through indicators, for example using the Exponential Moving Average. An indicator is a graphical result of your calculation that helps determine a trading signal.
3. In order to receive income on binary options using this indicator, transactions should be made during the daytime in Moscow, when European markets are also operating. You can find out exactly about this in the section of the company "Schedule of trading sessions." Here are the most common trading sessions: The European session opens at 9 am and closes at 17:00 Moscow time. The American trading session is open from 15.00 to 21:00 Moscow time.
4. How to win on binary options 60 seconds? After analysis, you can conclude a trail on the following conditions: instrument - currency EUR / USD; position movement - up or down (towards the tilt of the EMA); option price - at least $ 1; expiration time - 1 minute after purchasing the option; the return on the asset is 85%.

Trading Instructions on Binary Options

Perhaps it will be better for beginners to trade at night, when popular trading sessions end and the market becomes relatively calm, the price in such conditions rotates in a narrow range. After active sessions, the most sought after players leave. So what needs to be done? Here is the instruction:

• open the chart when the stock market has become calm;
• choose a pair of EUR / USD (or any other);
• Now we determine the range, look in which segment the price was today;
• a pair of parallel lines should form on the chart;
• we expect when new highs and lows appear on the chart, creating the price range we need;
• it is on this basis that a decision must be made on the completion of a transaction;
• as soon as the price touches the lower mark on the chart and runs up, you need to buy an option; if the price touched the upper mark and went down - to sell.

This tactic is best used at short intervals of 10-15 minutes, with this timing you can make 4-7 exits to the market.

Binary Option Revenue Arithmetic

Most likely, the price growth in the direction of the trend will continue, which will allow you to win on binary options in 60 seconds in the amount of about $ 0.90 (with a rate of one dollar). After receiving the income, you again need to look at the live chart, assess the slope of the EMA and think about whether to buy the binary option again or wait for a more pronounced trend in the market.

There are times when the market changes its direction dramatically, and the trader receives losses, then after the option is closed, you need to buy a new one, but at a price of $ 2. The time to expiration and the terms of the contract do not change. Now the probability of winning has become more, you can get about $ 3.7, which is enough to pay off past failure and generate new income. This is one of the trading strategies.

What to do if the deposit goes to minus

And if the second position failed? Does this mean that nothing else will come of it?

Once again, to win on binary options is real, for this you need only time and certain skills. If the second bet has failed, you should buy a third option with the same rates, but for $ 5. Remember, if the price went down, it means a quick turn in the direction of increasing. This method of increasing to an average price will recapture your waste and get a net income.

This method is used not only on binary options, but also on many other trading floors. This strategy will allow you to make a profit already at the beginning of your working path.

Pros of binary options

In conclusion, I would like to answer a question that worries many newcomers to this field: "Which is better - Forex or options?" In terms of functionality, they are really similar, anyone can earn money here, for this it’s only worth getting acquainted with the theory.So what are the benefits of a binary option:

• in fact, the trading process here comes down to pressing a couple of buttons, which greatly facilitates the work process;
• after a couple of days of fruitful work on options, the principle of its work becomes automatically understandable, while other platforms are able to pamper with not very pleasant surprises;
• options do not greatly affect the trading budget;
• here it is only necessary to open positions, it is not required to close them, which significantly saves time.

Recall, if you want to consistently win in the binary options market, then you should not play a guessing game, you must immediately set yourself up for serious work and prepare for it according to one of the strategies. Experienced people in this matter go further, having mastered several methods at once, apply them together for a greater result in trading.