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Virtual Trading For Binary Options
Virtual trading is a way of trading binary options risk-free. If used correctly, it can help you test yourself and your strategy, and develop a profitable trading style almost risk-free. This articles explains how virtual trading can help you become a successful binary options trader and how you can get started.
In detail, this article answers these questions:
- What Is Virtual Trading?
- Why Should I Use Virtual Trading?
- Where Can I Get The Best Virtual Trading Environment?
With this knowledge, you will immediately be able to improve your binary options trading with virtual trading.
What Is Virtual Trading?
Virtual trading means trading binary options in a virtual environment. Instead of investing real money, you trade with play money. Everything else is the exact same as with regular trading. You get the same tools, the same features, and the same trading style.
The only difference between regular trading and virtual trading is that regular trading has consequences while virtual trading happens in a simulated environment. All the price, assets, and binary options types are real, but the profits or losses that you make with them are not. You are more or less playing a game based on the real world instead of investing for real.
There are two basic forms of virtual trading. They are:
Virtual Trading, Type 1: Demo accounts
Demo accounts are accounts that offer you the same functions as a regular trading account. They offer you the same features as a regular trading account, the same binary option types, and the same assets.
The big difference between a demo account and regular trading accounts is that demo accounts allow you to trade with play money instead of real money. When you get a new demo account, there will be a certain amount of play money waiting for you. The exact amount varies from broker to broker.
In this environment, you can trade just like you would with a real account, but you are free from any risk. You can try anything you like, but you will not lose a single Cent. You get the real prices and market movements, and any decision that you make based on them will seem completely real.
If you want, you can use your demo account like a game. The only difference is that if you are good at binary options trading, you can turn the game into reality and earn money. Demo accounts are a great way for people who have never tried binary options to see if they have what it takes to succeed in this environment.
Virtual Trading, Type 2: Paper Trading
Paper trading is the original form of virtual trading. It is somewhat outdated, but we wanted to mention it at this point as an alternative to demo accounts. If a demo account is impossible to get for you, you can always fall back on paper trading.
As the name indicates, paper trading happens entirely on paper. Instead of investing in a real binary option, you monitor the market until you find a situation in which you would invest based on your strategy. Note the details of the trade – the asset, the expiry, the investment, and the payout. Now wait until you option would expire and note whether you would have won or lost the trade. Also calculate the profit or the loss you would have made.
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After a while, take a look at your notes, and calculate whether you would have made a profit on the whole.
This type of virtual trading is ideal for traders who are unable to use a demo account for some reason. If you can use a demo account, however, there is no reason to fall back on paper trading. A demo account can automatically do many of the things that you have do by hand with paper trading, which is why it is the superior alternative in 99 percent of all cases.
Why Should I Use Virtual Trading?
Now you might ask why should use virtual trading. After all, the point of financial investments is making money. When you trade with play money instead of real money, this is impossible. Nonetheless, there are plenty of good reasons why every trader should use virtual trading. Let’s take a closer look at these reasons.
There are three main reason for using virtual trading. They are:
- Test a broker,
- Develop a strategy,
- Test modifications to your strategy.
Each of these advantages applies to brokers at a specific stage of their career. Let’s take a closer look at each of these advantages.
Reason #1: Test A Broker
Binary options brokers are like cars. They all promise to be the best and most reliable. The only of knowing which of them live up to their promises is testing them. Virtual trading is the equivalent of a test drive.
Just like cars, the differences between brokers are often small and difficult to pinpoint. Some brokers just feel more comfortable than others. This difference is highly subjective, and the only way of knowing which broker is right for you is testing a few brokers with their demos.
Additionally, all brokers offer different payouts in different market situations. It is impossible to say which broker offers the best payouts for your strategy. Some traders do better with one broker, other traders do better with another. Once again, the only way of knowing which broker is best for you is virtual trading.
In our broker list, we have listed the best brokers on the market right now. All of these brokers are trustworthy, government regulated, and completely trustworthy. But we are unable to tell you which of these brokers is best for you. You will do well with all of them, but if you want to make the best decision possible, you have to test them for yourself.
Reason #2: Develop Your Strategy
Once you have found a broker you like, you have to develop a profitable strategy. Just like all newcomers to any field, you are highly unlikely to get things perfectly right with your first try. You are probably going to make a few rookie mistakes and do a few things that lose you trades. The consequences of these lost trades can be severe and could possible ruin you – unless you make them in the risk-free environment of virtual trading.
A demo account allows you to trade just like you would with a real account but avoid the consequences. Since newcomers face mostly negative consequences due to inexperience, a demo account is the ideal tool for them.
We recommend that all newcomers start their career with a demo account. Trade just like you would with a real account, and check your account balance on a weekly basis. Did you earn or lose money this week? If you lost money, why? What can you do to improve?
Ask yourself these questions until you make a profit. Keep trying new things and improving your strategy, and you will eventually develop a strategy of which you know that it makes you money.
Once you were able to turn a profit three or four weeks in a row, it is probably time to switch to real-money trading. Since you are already familiar with your broker and your strategy, you should be able to turn a profit right from the start.
Reason #3: Test Modifications To Your Strategy
Once you created a profitable strategy, you have two goals:
- Make sure that your strategy remains profitable, and
- Improve the profitability of your strategy.
These two reasons are why you have to keep testing modifications to your strategy. Unfortunately, you never know whether modifications will actually improve the quality of your trading or reduce it. Even when they seem like a sure thing, there is always a chance that your changes ruin your entire strategy and, as a result, could possibly ruin you.
This is why you want to test changes in a risk-free environment before you apply them to your real-money trading. Virtual trading offers you the perfect environment for this test.
There are two ways in which you can use your virtual trading to test modifications to your strategy:
- Trade your new and your old strategy simultaneously, the new strategy with your demo account and the old strategy with your regular account. After a while, you can compare the results. If your new strategy has made you a bigger profit than your old one, you know that the changes were good. This way of testing gets you the most accurate results because you test both strategies in the exact same market environment. It also requires the most attention to detail. Especially if you are using a complex strategy, it might be impossible to execute it twice at the same time. Remember: you have to avoid mistakes due to being overwhelmed, or you distort the results of your test.
- Test your new strategy with your demo account while pausing your real-money trading. After a while, compare the results of your virtual trading to the results of your real-money trading that you had before. This way of testing is much easier to execute, but it creates slightly less accurate results. Nonetheless, as long as you execute a high enough number of virtual trades with your new strategy, you should get a good result.
We recommend that every trader should use a demo account to try modifications to their strategy. Even if you have traded well for 30 years, seeing the market from a different perspective can only help.
Many successful traders dedicate a fixed time of the year to testing new things. For example, you could pause your real trading for one month of the year and try new things, or you could take a few days each month for virtual trading.
How To Start
Almost all binary options brokers now offer demo accounts. To get the best virtual environment, we recommend newcomers to try IQ Option.
IQ Option provides the invaluable advantage of a deposit-free demo. Some brokers offer their demos as features of their regular accounts. You have to get a regular trading account to get the demo, and getting a regular trading account requires you to deposit money. This means you have to deposit money with a broker in order to test it.
These demos are free, too. If you don’t like the broker, you can simply withdraw your money and be done with it. But why deposit money with a broker if you are unsure whether you want to trade with it?
The IQ Option demo is completely deposit-free. You can sign up for the demo by simply logging in with your Facebook account, your Google account, or your email. This is the easiest start you can get to binary options, and it is the way things should be.
Additionally, IQ Option is the highest-rated broker based on customer satisfaction in our broker top list. You get high payouts, great assets, and great binary options types. The deposit-free demo allows you to test the best broker out there completely hassle-free.
If you can have the best thing for free, why would you test anything else?
Of course, there is still a chance that IQ Option is not the right broker for you. In this case, you should continue testing other brokers. But it can’t hurt to start with the best bet first.
Today, the most relevant form of virtual trading is a demo account. Demo accounts allow you to trade all features of a broker completely risk-free, which is the right environment to test yourself, the broker, and create a successful strategy.
If you are still looking for the right broker for your virtual trading, we recommend taking a look at our broker list.
Virtual Binary Options Trading Accounts
Binary options trading is all about making the right decisions at the right time. You can make a lot of money in seconds, but you should be careful when investing your own money. One of the best ways to test your binary options strategies is by opening a virtual binary options trading account, also called demo account.
Why Open a Binary Options Demo Account
As the name says already, this type of trading account gives you the possibility to use a binary platform 100% free and unlike live accounts, here you don’t need to make a real money deposit. With a Virtual Binary Account you get virtual money (also called play money). You can use this money to make any type of trade and you won’t risk your own money this way. Of couse, if you win, it will still be virtual money, so no real money reward will come from virtual money binary options trading. The real deal is still the real money trading, which you can only experience if you make a deposit.
Advantages of Binary Options Virtual Money
Using a demo account is recommended especially to new users, who are not familiar with this type of trading yet, but advanced users can also try if, to get more accustomed to a new binary options platform. This is a risk free way to find out if you like the broker and what features it offers. You can read hundreds of reviews and article about a broker, but you will be able to decide which broker is best for you, if you see for yourself how it works.
What is the Goal of Demo Accounts
The goal of these virtual money accounts is to build a stable and strong trading strategy. You can try out any crazy binary strategy that you find on the internet and try it for yourself without risking money.
Most users don’t even know that there are only a few popular binary options trading platforms like Spotoption. Lets say you are interested in joining a broker that does not offer a demo account. You could do some research and find out what platform that broker is using and find another broker that users the same platform but also offers a virtual account. This way you will have the most features in the demo account even though that is a completely different broker.
Get a Demo Account if you Make a Deposit
Not all binary options demo accounts are the same.There are the types of virtual accounts that the binary options brokers offer:
- No demo accounts: There are many brokers that simply don’t offer any kind of demo accounts.
- Demo accounts that are unlimited: Some brokers allow you to just sign up and open a virtual account to trade with fake money, no deposit required. These accounts are unlimited, which means that you can use it forever, without limitation.
- Demo accounts after making a deposit: There are few brokers, where you can only access your deposit account only after making a first deposit. Don’t worry, because by testing the demo account your deposited money will be untouched. You can only use the real money in your live account and there is also a workaround if you just want a demo account but you don’t actually want to trade with real money: you can make a deposit, decline any welcome deposit bonus, and make a withdraw later.
- Demo accounts with a time restriction: Mainly forex brokers use these kinds of accounts. These accounts work for a limited time, a period which should be enough to decide if you like the broker or not.
What decline a deposit bonus? These “welcome bonuses” come with restrictions, and you won’t be able to withdraw your money, only after meeting certain conditions like making x amount of trades.
Welcome bonuses are only good if you are 100% that you will stick to that broker, and you plan to take trading seriously and trade frequently.
Why do some of the brokers not have a demo account
It’s all about the money. The free demo accounts do cost the brokers money. Even though the heavy lifting is done my computers, it still isn’t free for them. The brokers are there to make money and virtual account are an extra expense, which means that it’s not worth it to most brokers to offer demo accounts.
Which Binary Options Brokers offer Free Demo Accounts
Banc De Binary: This is one of the biggest names in the binary options industry. Banc De Binary offers a free virtual platform. Just contact the support team and they will set it up for you.
24Option: This is the most popular binary options broker. 24Option requires you to make an initial deposit of $250 or more in order to get a demo account there.
CTOption: The best US broker to offer a demo account is CToption. Try out their risk free, free of charge account.
Which Demo Account Should I Pick
Why not all of them? They are free, you have nothing to lose. If you really want to try only one of them, then go for the Banc De Binary account. You don’t have to make a deposit and your account is set up within minutes.
Best Binary Option Robots
The binary option robots have helped thousands of people to invest more efficiently. In this page, I will go through the main features of the option robots, and tell why both novice and experienced investors can benefit from using them. I will reveal the ten best tips (that every investor should use) for making more money with a automated trading software. In addition, I will also answer to the most frequently asked questions and share my own experiences with the best binary option robots. If you want to take advantage of an opportunity to earn money with best binary option brokers by trading at home, please follow my instructions and see how great the results will be.
Our professional traders are here to help you free of charge, if you give them an opportunity to do so, you will be completely satisfied with the results. See from below what kind of result some of our traders have achieved with the binary option robot.
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How to Make Money with Binary Option Robot
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Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire. You can check loan opportunities from sites like lainaanetist.com if you don’t have own money to invest
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
Guide to Make Profits (The Real Robot introduction video)
Binary Option Robots – The Stats
- $350 per hour (The amount usually charged for investment advice by our main author Michael Allen. However, he will describe his best tips and strategies free of charge on this website.)
- 72% (Of the visitors of this website have registered at least one binary option robot after their first visit.)
- 92% (Of these visitors are very pleased with the robot and would happily recommend it to their friends.)
- 6 (Job offers that our main author Michael Allen has received from major Wall Street firms over the last year. However, he has instead chosen to start writing articles on this website.)
- 95% (Of the visitors of this website thought that investing is difficult before they started using the binary option robots.)
- 86% (Of the same visitors now think that investing is easy or very easy, considering they already tried the robot.)
- 96% (Of these visitors – who have not used the robot after their first visit, but registered it afterwards – are confident that they lost money because they hesitated to start using the robots immediately.)
Claim your free robot and learn how a passive income stream enables you to make money while you sleep!*
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With this excellent software, you have the opportunity to earn money at home*, in ways that you never thought was possible. Please read our systematic instructions below and begin your journey to a more prosperous life today.
TABLE OF CONTENT
- Binary option robotintroduction and demo video
- Ten tips for making more money with binary options trading
- Where to start? Recommended reading
- More in-depth look (the reasons why you should use trading software)
- Testimonials and success stories
Binary Option Robot – an in-depth examination
What are they?
A Binary Option Robot is a wonderful piece of software, which is unique to Binary Option trading. It essentially monitors the market, using complicated mathematical processes to assess the potential fluctuations in commodity prices. Thus, it offers users the opportunity to dramatically increase their earnings, if used correctly, making it a vital new addition to any successful trader’s arsenal.
We are proud of the service that we provide and will only recommend Binary Option Robots, which are trustworthy and reliable. In our reviews, we will go through the pros and cons of all the best automated applications on the market, ensuring that you can make an informed decision on their merits. Meaning, that you can quickly find the right Binary Option Robot for you.
How do they work?
- Binary Option Robots are simply a set of pre-programmed algorithms designed to make an investor as much money as possible.
- They use the same principle as high frequency trading, used by some of the biggest and most successful investment banks in the world.
- They are new technology, meaning that if you begin now, you will have an advantage over the competition.
- You can set Binary Option Robots to buy and sell according to predetermined parameters. For example, if gold falls to a certain price then your robot will buy it.
- You can program it to do business when you do not have time to do it yourself.
- You can program it to trade all the time for you, freeing you up to spend more time on the things that matter!
Binary Option Robots and Trading Reviews 2020
Best and the most comprehensive trading software, binary option broker and signal reviews you can find from the web. We go through, pick and choose the best and the most trustworthy trading sites. Also, read our warnings and scam investigation reviews and avoid getting scammed. All this is 100% free!
Where to start? The most popular articles and pages:
- IQ Option Review.(The best binary option broker site.)
- Binary Options Trading Guide (Everything you could ever want to know about binary option trading. Most comprehensive free trading guide on the web)
- Binary Option Robot Review (Scam investigation and review – How to distinguish good software from a scam)
- Option Robot Automated Trading Software(What is the Option Robot? deeper look and review)
- Automated Binary (New excellent auto trading software)
- Best Binary Options Brokers and Trading Platforms(Are you from The USA and don’t know which brokers will accept you as a client? Or are you from Europe and want to know the best regulated brokers? Find all these answers from this page)
- Binary Options Trading Signals (What are binary option signals? Which brokers have the best signals? Find out everything you have ever wanted to know about binary trading signals from this article)
- 24 Option Review(Extremely trustworthy broker site, official partner of Juventus soccer team)
- Copyop Review(A new social trading platform; check out how much you can earn with it, including my top-secret methods.)
- Binary Options Money Management(If you do not follow these guidelines, you will probably lose all your money, so this is a very important article for all binary options investors.)
What is a Binary Option Robot?
Binary Option Robots are ingenious pieces of software, which monitor the market, looking for potential investment opportunities.
They use complex mathematical procedures to analyse, and then alert you to potential fluctuations in the value of tradable commodities.
Put simply: they are computer programs designed to make the user of them money!
Who Should Use a Binary Software?
- The short answer, is anyone and everyone!
- Investors who are frustrated because, for whatever reason, their investments are not showing as much profit as they would like.
- Trailblazers who are interested in the latest technology and want to be one step ahead of the competition.
- Investors who are already making money by trading binary option, but would like to increase their profits even further.
- People who are new to investing and want to use the best possible tools and methods.
- People, who are scared to invest money based on their own instincts and would like to use a trustworthy computerized system.
Binary Options Success Stories
“I had never invested even in shares before I tried the option robot, so I did not have much prior expectations at all. After using it for almost a year, I’m really pleased with the results. With the help of the robot, I have earned significant sums of money, which is a huge help for paying living costs for me and my children.”
Deidra L. 31 years old, Housewife from San Antonio Texas, USA.*
“I’ve had extra money for a couple of years now, and I have thought to start investing, but really haven’t had enough time to study the right methods. But when I found the option robot, I realized that I actually might not need to study at all. The robot does the work for me and makes even reasonable good returns on the side.”
Otis G. 24 years old, Professional Poker Player from Las Vegas Nevada, USA*
“Managing my store takes me 14 hours a day, six days a week. So I want to use a little free time I have with my friends and relatives. But at the same time, I have always been interested in new technology and opportunities to earn money on areas that most people have not discovered yet; so when I found the robot I did not hesitate to try it. And afterwards I must say that I am really pleased that I had the courage; the results have been incredibly good”
Gerard K. 52 years old, Shop Owner from London, UK.*
“As an experienced investor I was a bit skeptical about the option robot’s capabilities at the beginning. But a few months after using it, I have to admit that I was wrong, as it has become an invaluable help. I recommend fully using the binary option robot for beginners and also for more experienced investors who want to have better results and more free time.”
Jacob S. 42 years old, Stock Trader from Chicago Illinois, USA.*
Trading software takes advantages of pre-programmed algorithms to give optimal results to the investor. It uses the very same principle that huge investment banks use in their High-Frequency Trading. The greatest difference is that highly skilled professionals have not yet found out the whole potential of binary option robot trading, so as an early entry, you have a great opportunity to benefit of this tool before everyone else discovers out how effective it is.
The binary options robot has a number of uses. You can program it to do business according to predetermined parameters or you can program it to do business when you do not have time to do it yourself. You can even leave all work to it, freeing your schedule to concentrate on what is most important in your life.
Making money has never been simpler. Firstly, you should make yourself a little groundwork, as studying what are the most important things for a successful binary option investor. After that, you can practically leave everything to carry out for the robot.
Best settings for our three recommended Binary Option Robots!
1) Redeem the Binary Option Robot free or charge by clicking on the button below.
2) Register to the service
3) Select a broker
4) Deposit money, start trading with the automatic Binary Option Robot, and enjoy trading even as you are tucked up in bed, fast asleep!
1) Redeem the Automated Binary free or charge by clicking on the button below
2) Register to the service
3) Select a broker and make a deposit
4) Set your trade size
5) Mix and match indicators to refine signals
6) Target multiple currencies at the same time
After you have money in your trading account, please follow these steps:
1) Choose the daily stop-loss limit if you like.
2) Choose the trade amount
3) Choose the amount of maximum daily trades.
4) Choose the assets you want to trade (for example: DOW, GOLD and EUR/GBP; I prefer currencies, but the best setting always depends on the prevailing market conditions)
5) Choose daily, weekly and/or monthly expiry times
6) If you have a VIP, you can choose to use VIPsignals.
7) Put active trading on, and the robot will be ready to go!
The Real Robot VIP Preview Video
Why Use a Binary Option Robot?
By trading with a Binary Option Robot, you can make trades that are impossible for human beings!
The robot is able to make an unlimited number of rapid trades with its calculation power. Those kinds of trades are impossible for human beings to carry out manually. In the stock markets, short-term trades are almost completely dominated by high frequency trading, which is very similar to what a binary option robot does. Those who were the first to take advantage of high frequency trading are currently all very rich people because they were the first ones to enter the market.
They allow you to focus on opportunities to make a huge profit, while you let the robot take care of day-to-day trades that will bring you smaller returns!
They remove emotion, which means that you won’t make any more losses because of emotional mistakes.
Binary Option Robots do not have emotions, meaning they don’t chase losses or make bad trades!
Even the best brokers will tell you that losses affect them mentally. Everyone loses money sometimes, but the difference between true winners and losers is how they are able tohandle those losses. When you use the binary option robot, you know that there are no emotional factors in play; it is always at the top of its game.
Who Can Benefit From Using This Kind Of Application?
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Amateurs: Who have not invested in binary options in the past, and want to start making good profitable investments.*
Experts: Who do not have time to take advantage of all possible opportunities.
Eager learners: Who always want to learn something new and interesting.
Frustrated investors: Who have attempted binary option investing, but have always failed in the past because of emotional factors.
Pioneers: Who are not afraid to show the way and to be at the forefront when one of a kind opportunities show up.
FAQ: Binary Options Software
Do I Need Any Prior Knowledge About Binary Option or Investing to Use a Robot?
How Quickly Can I Begin to Earn Money?
Does the Robot Really Earn Me Money Without Me Having to Do Anything?
Why Did the Robot’s Developers Make It Public Instead of Earning Money for Themselves?
If the Robots Are So Great, Why Are They Free?
Why Do Brokers Allow Auto-Trading Software on Their Websites If They Earn Money?
Is it Possible to Lose Money Even If I Use a Binary Option Robot as an Aid for my Investments?
Why Are There No Bigger Amounts of Professional Investors Using Binary Option Robots?
In the Market, There Seems to Be A Few Types of Binary Option Robots. How Do I Know What Is the Best One for Me?
I Believe That the Robot Is a Hoax and It Gives Intentionally Losing Advice.
Interpretation of day trading charts can be difficult even for experienced traders. Now you can fully outsource this complex task to a binary option robot to handle.
CLICK TO ENLARGE IMAGE
What Are Binary Option Robots?
Are your trading results being not as per the expected lines? Do you feel trading is only for experts? Or do you believe that binary trading is the hardest thing to learn? If your answer to any of the above question is “Yes”, then please read on, this article will assist you in solving all of these.
The binary ancillary services have come a long way along with the rise of the binary options trading. One such ancillary service which has taken the binary trading market by storm is the automated software services. This software is programmed to provide you signals (it helps you time the market) regarding which assets to buy, when to buy or when to sell. The growth of signal service provider has also attracted some fly-by-night operators, whose only aim is to run away with your hard earned money.
Hence, we will discuss various parameters of signal services, how they operate, how can you benefit from them, and the most important how to distinguish between the genuine and the scam-artists.
In general, the robots are the machine capable of handling complex actions. In the binary world, the robots are nothing but an algorithm which can be customized to trade for you. These robots have very intuitive user-interface which makes them easy to use and customize.
These robots are capable of evaluating complex technical parameters to give you the most probable winning trade ideas. Also, they can be customized to assess the data in real-time and trade on behalf of you. Such software comes with free and pro editions, wherein the pro-edition has several features which are not present in the free edition.
How Does a Option Robot Work?
Binary software is not a magic wand, rather it isa set of algorithms which uses various bits of data points to provide you with accurate signals. Generally, it assesses various well-known technical indicators of a particular asset and then provides
buying or selling signals based on that assessment.They are designed to work at a lightning speed so that data can be evaluated in real-time and that the subsequent signals reach the customers as quickly as possible. It evaluates the price history of an asset which allows them to indicate patterns based on past behaviour.
It is impossible for any trading process to be 100 percent automated. However, the automated software falls within the vicinity of 100 percent automated. Though it requires you to feed a few parameters like the amount you want to invest per trade among others, once these parameters are fed into the system it takes care of the rest, doing things like identifying the opportunity, placing the order, and executing the trade.
The Option Robot
Why Option Robot?
We are delighted to recommend the option robot, from the wide-range of options that are available in the binary market. This recommendation is not made on gut instinct and there are numerous reasons, why we believe in the binary robot:
- It is a well-established name, in the binary options field.
- It is genuinely automated, and you do not have to sit tethered to a computer screen all day long.
- It is customer centered, providing a sleek, professional experience, where you will feel like the software is working for you.
- The option robot allows you to select your favorite binary broker from their affiliated list, and also, allows you to customize the parameters to suit your requirements.
Daily stop-loss parameter – This allows you to set your daily trading limit, which means that you can never invest more than a pre-determined amount in a single day.
Trade amount parameter – This amazing feature, allows you to set your investment amount for each trade, ranging from anywhere to $1, to $25, ensuring that you do not risk too much.
Max trades parameter: This parameter allows you to set a maximum number of trades to be executed by the option robot in 24 hours. The selection available is 1, 3, 5, 10, and all. For example, if you have set $ 100 as daily stop loss limit and $ 10 as the per trade amount, then if you select all option, then the binary robot will stop executing trade after it has reached $ 100 limit.
- The option robot takes into consideration several technical indicators to provide the accurate opportunities. It takes into account MACD, Stochastics, RSI, Trends, Williams, among others.
- It is associated with some of the best names in the binary trading arena, including:StockPair, 24 Option, Binary Tilt, Empire Option, BD Swiss, Markets Trading, among others.
Both from our own research and the industry buzz, which surrounds the Option Robot, we are delighted to recommend, that our readers use it.
How Much Does The Option Robot Cost?
One of the best things about the Option Robot is that it is totally free at the moment! To sign up with them you only have to follow few simple steps to begin using their services:
- The robot cannot trade on its own, you are required to go through generic form filling with the option robot, and then select an affiliated broker to get started.
- Next, you have to deposit the required minimum amount in the account and set few parameters to set the ball rolling.
- Once you have a secure and reliable internet connection, and you have set the requisite parameters in the option robot, you just have to relax and enjoy, watching your money grow.
- The option robot will immediately start trading on your behalf, even if you are a new to binary trading, the automated software will start making winning trades in no-time.
What Are the Benefits ofa Binary Option Robot?
The option robot offers several distinct advantages over its peers, which include:
What Does This Mean To You?
On an average, successful traders winning ratio is 60 percent, meaning they make profits in 6 out of 10 trades. The success rate of binary option robot averages at over 80percent, meaning it makes 8 winning trade out of 10.
The following table will give you an idea about the difference made by binary option robot if the payouts on winning trade are 80 percent.
The table clearly shows that on a total investment of $ 1000, a successful trader with a winning ratio of 60 percent makes only $ 80 making his or her ROI (Return On Investment) of only 8 percent, whereas, if he or she utilizes the services of the option robot, his or her winnings jumps to whopping $ 440 on the same investment of $ 1000, making an ROI of whopping 44 percent.
The data also shows that by using the services of the binary option robot, the successful trader can increase his or profitability by 4.5 times or 450 percentages. This is for the successful trader, but if it is a novice trader the winning ratio and the return on investment goes to a different level altogether, as the services can be used by novice as well as a seasoned investor.
So, it is clear that the services of the binary option robot have a great potential to change the fortunes of any trader type.
Binary Option Robot Income Chart
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Who Can Benefit From The Binary Option Robot?
Now, as you know that there are some definite and unique benefits in utilizing the services of the binary option robot, you may want to whether is it a right fit for you or not? The following text discusses the usefulness of the binary option robot for a variety of traders.
New traders: The binary option robot comes with an intuitive and user-friendly interface which makes it very easy for anyone to use it for the success. The website also has a very robust customer support system and customer support staff, who are always eager to assist any customer with setting up the platform or for any query he or she might have. Our website also provides comprehensive knowledge material for you to grasp and understand the basics of the binary option robot. Further, we would recommend you to at least gain a basic knowledge about how the binary trading works and that’s it. So even if you are a new to binary trading, the binary option robot will assist you by providing precise signals to purchase a call or a put option on a variety of assets, and in no time you would be on a success path.
Generally, you required to gain lots of fundamental and technical know-how before trading any financial instruments, but with the option robot, you should rest assured that you will get prompt and precise signals all the time. Hence, I can say that you don’t require to go through the learning curve as in other financial instruments, and you’re learning curve will be shortened with the software.
Seasoned Traders: The successful traders can also get an assistance from the binary option robot for analyzing the technical. It has been observed that many of the successful binary traders use 3 or more technical parameters to make their decisions, whereas, the binary option robot takes into account more than 7 parameters to conclude. This makes it a perfect partner for a successful trader as it saves the time and energy of a trader, at the same time, it provides more accurate results to further strengthen the success rate of the seasoned binary trader.
Busy Investor/trader: Many of the trader works from 9 to 5, and they are unable to commit enough time to trading because of their various commitments. Also, some of the traders are managing multiple things at a time, like family, friends, jobs, studies, etc. All of these demands your considerable time, and even if you prefer to trade and make money, you have no time to commit to the trading activity. The above issue of no-time is resolved by the option robot, as you just have to open an account, select a broker, make a deposit, and set few parameters, and the rest will be taken care by the automated software which will execute the trade on your customized parameters. That way, the trading will not require your time at the same, you will be executing trades as much as you would like to.
The option robot will work on behalf of you to generate an income stream while you will be busy watching your favorite sports, or movie or indulging into a family vacation.
Institutional Investor / Trader: This class of investors is well informed about what they want to do and how they want to know. They are also aware that which asset to trade for generating profits. For this traders, the binary option robot can act as a helping hand which allows them to place trades on several assets simultaneously so that they never miss an opportunity to generate profit in one underlying while they were busy placing a trade on another winning opportunity.
Day/week / month trader: The day trader prefers to trade on daily expiry and execute trades on several assets, the weekly trader prefers to buy or sell the asset and hold the position for a week while for the monthly trader the prefer expiry is a month or more.
This can be very exhaustive as one has to sit in front of the monitor and evaluate several parameters to place the trade. The binary option robot can replace the entire trading techniques of the short-term day trader or weekly trader or a long-term monthly trader, as it allows you to select expiry for a day, week, and month.
Generally, you required to gain lots of fundamental and technical know-how before trading any financial instruments, but with the option robot, you should rest assured that you will get prompt and precise signals all the time. Hence, I can say that you don’t require to go through the learning curve as in other financial instruments, and you’re learning curve will be shortened with the software.Best Binary Options Brokers 2020:
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