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It is impossible to keep your losers smaller or equal to winners trading intra-day binary options. These are facts. You need to think harder to stay ahead in this market. Trader must go against the odds and design a binary options trading strategy than generates more winners then losers to compensate for the unfavourable pay-outs. If the trader is able to generate more wins than losses with the average loser being less or equal to the average winner, it is definitely a recipe for a financial independence.
It is a statistically sound approach and it is sustainable in the long run. Apart from the points above, the trader should consider other variables like trading times, asset class, brokers etc. It is important to get all variables tested before deciding to use them. Profitable binary options trading strategies combine only the most efficient choices. This is the technique I developed trading binary options.
This is the technique I want to share with you today. Back in I started to experiment with strategy and different expiry options. I tried every time frame offered by the broker. On the top of that I had to account for human mistakes, missed trades, losing streaks and loss of confidence and more. You can close End of Day binary option before it expires getting back some premium on losing positions.
In this scenario, my losers are getting closer to my winners and I shift the odds in my favour. I manged to keep my losers as big as my winners and my accuracy was outstanding. You can close your positions up to 15min before the exchange closes. The closing time varies between the brokers. Please check opening hours before you start trading. I managed to retain a long term average accuracy of the system with 11 winning positions against only 5 losses. The average loss also met expectations and stayed well below the pay-out amount.
My trading account grew astonishing The average loser amount remained within expectations and stayed below the average winning payout. Trading was performed in the live environment applying strict money management techniques. Recorded 17 winnings and one loss. From 08th July to 30th July I recorded 14 consecutive winning positions.
It is needless to say, this is outstanding result and all time achievement. All signals allowed a decent amount of time to fill the positions and provided an easy opportunity to trade. Had 9 trading days with no signals and 3 of the trades did not fill due to fast moving prices. I placed a total of 19 trades. Recorded 14 winning positions and incurred 5 losing trades. This is slightly above the long term average. This was due to higher than normal volatility during the US session.
So now you know how to shift the odds to your advantage. I developed a few things about the strategy to trade these specific options. I used to place only one trade per day between 3 — 5pm gmt and I let it expire if it was in money or I closed it if I knew it was going to expire out of money.
I was right on balance and got better with my judgment over time. The binary options are priced based on time and volatility. More volatility in the price action causes the premium to disappear. It is important to avoid high volatility day when using this strategy. As less is going on the market, as more profitable the strategy gets.
I believe you are a professional trader and you could try any of your own methods. There are many trading techniques to apply but if you like to get this trading method together with MT4 indicators and templates. You will not succeed in the long run. But if trading binaries suits your personality, you can still enjoy it, but please lower your risk and.
Well I do… but now I use it rather to hedge my cash positions in FX. This is now part of a bigger trading approach I take. I can generate less profits from trading FX but I take less risk. I like to trade less and keep my winning positions for longer. I suppose my risk appetite is changing with my age. I would really appreciate if you could share it with fellows traders. I hope this will help them to beat the game in the long run. Stay humble!
T Course C. T Indicator Blog Members Area. I will also share with you something very extraordinary. Harrison obviously knows nothing about binary options trading. Has anybody bothered to examine his article? It makes no sense at all. Imagine that you put your money on call and the price goes down before your put order.
You have no chance in saving that with a second bet. To use this strategy the first bet has to be in the green until you place your second bet, which I doubt will be statistically profitable. How come both options end up in the money if I choose to place both call and put options that end at the same time in one currency?
Obviously, I will always lose one of the two options. After 15 min CMP is 1. Both the options are ITM. As a trader you need to be able to look at any point in a chart and be able to analyse what its doing, where the major structures are, support resistance, trendlines, macro patterns, changes in polarity. You should also know a lot more about your indicators than just when they are signaling up or down, you need to know what makes them that way and the correlating market psychology behind each one of these signals.
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