Let's think. Why do people start to trade on the financial market, and in particular binary options? Why are they so eager to become a trader? The answer is simple and logical: and to make a profit. This is the main explanation for the fact that binary options are becoming every day more and more popular.
If you successfully apply the strategy and to follow some rules, you can make a binary options a lot of money. And I am often asked: How much can you earn on binary options? The unequivocal and exhaustive answer I have. Everything depends on the initial investment and several other factors. But today let's talk about it.
I can give an example of a few mega successful traders who have amassed himself a multimillion condition, engaged in option trading. There are not many more, as the Forex market. But this is only because the binary options are a relatively recent. But thanks to its user-friendliness and adaptability are more suitable beginners.
Earlier I wrote about success women traders. And now we can mention Billionaire Warren BuffettWho early in his career he was trading indices and stocks. And I started to deposit in 100 $. Agree, it is impressive. Of course, this example does not mean that all traders will earn at least a million. But to achieve stable earnings and everyone can. Everything is in the hands of the man himself.
After analyzing the stories of successful traders, I can say that the success in the options market also depends on the internal qualities. What are the qualities you need to develop in themselves?
- patience and ability to wait. Personally, I do not open on 30-40 options daily. I do not get the point of it. I'd rather invest in 7-10 transactions, but they will be the best entry point and bring me a guaranteed income;
- Cold calculation. The market does not forgive gambling and reckless behavior. You must be guided by logic and reasonable expectations;
- interest in the financial markets and the willingness to learn. These traders are versed in the tools option trading, technical analysis study, do not wait long for them to make a prediction and help to make;
- the ability to take risks intelligently. Trading on the financial markets is always associated with certain risks that clever traders tend to reduce to increase their profits. Do not be afraid of temporary setbacks. Indeed, in general, we can get over the profit that will exceed the income derived from employment.
With what should start every novice trader? Here are my recommendations:
- You need to learn, to develop their knowledge and skills with respect to trade on Binary options. Be sure to learn graphics, Analyze, practice. To avoid risks in the beginning you can use the learning Demo accountsOr choose a broker that provides a Minimum investment in the transaction, beginning with 1$;
- Pick optimum strategy. Each strategy has its profit margin as a percentage. For example trading strategy on the news has 85% profitability. This means that having a deposit of 100 $, after a month you can earn extra 85 $. And with 1000 $ -, respectively 850 $ profit.
- Remember! The most important landmark and your strategy - not just seek to earn a lot. It is necessary to consistently earn. And for this you need to study the profession of trader. Then the success was not long in coming.
Trading advisors for binary options There are two types:
1. An automatic Binary Options Robot. In this mode, the program itself performs all operations, based on a certain algorithm. But it is important to correctly configure this advisor, limiting access to funds. It should be laid down by the minimum and maximum amount of the transaction, as well as the maximum amount of investment, which will be available to the robot.
2. Semi-automatic robot Binary Options. Mega popular choice among traders. After all, one head is good - but two is even better! Shopping Advisor only analyzes the market using indicators and algorithms, and then sends a signal to the trader. With the signal can agree to open their own option, but you can refuse the deal and pass, if a trader in doubt.
As you can see, Trading Robots They can really help, but require constant monitoring. These trading advisers are paid. Therefore, I advise you to contact the developers and clarify all the questions. My site in the review of each advisor or signaling system provides a link to the site developer.
Listen to my advice. Learn, practice and, of course, multiply their deposits!