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Don’t play without a software for signals. Ever.
This is an excellent article on how to identify the trends while trading with the Binary Options!
Banc de Binary is an excellent broker and surely one of the most used. Join it here!
I found this article by Forbes: http://www.forbes.com/sites/investor/2010/07/27/dont-gamble-on-binary-options/
This is your common “binary options scam” article. And I immediately started thinking that people who first venture into this world must really have a tough time sorting their mind out. All this bad information surely doesn’t help.
Binary Options is not gambling, it is trading. It isn’t true that you have 50 – 50 of chances: you have equal chances to win and lose only if you play without a strategy. There is a reason if only few people earn serious money with the binary options: only few people make the necessary arrangements to win.
Reach out for techniques, strategies and softwares to help you along the way. You will find plenty of them on this website.
When I first got into Binary Options, I just traded 60 seconds. It can be fun and adrenalin-inducing… if you do it wrong.
60 Seconds options trade is one of the fastest ways to make profits with the binary options. However, money can be lost just as quickly. The main advantage is that you can essentially trade as much as you want and take advantage of any short-term opportunities you may see. You can trade multiple assets and have multiple trades on at one time, all expiring within a very short timeframe.
However, like I said, you could also lose a lot. “Over-trading” is common among new traders who want to try to catch every market move. This is what I used to do.
Never like in this case, having a proper software will dramatically increase your odds of winning. If you go around making random predictions based on your feeling, you will lose.
There are tons of softwares around but this one looks like a great option: cheap and effective!
This Power Bot automatizes the process of looking at graphics and predict the next trend. These signals softwares are an essential part of trading and certainly part of the arsenal of anybody who is serious about Binary Options Trading.