Monday, April 22, 2019
Strategy to Make More Money through Binary Option Trading
You certainly want to know how to get money, not only through one binary option trading transaction that you do online, but continuous and continuous profits. With this in mind, we invite you to see further the guidelines on this page that provide various unique ways that have been proven successful by many binary options players.
You certainly realize that there is always a risk when you decide to start trading binary options online. But if you really understand what risks you will face, as well as prepare a disciplined and planned trading strategy, then you will get various profits both in the short and long term.
How much money can I make through Binary Trading Options?
We find that many binary option players protect their binary option transactions from the very first time they join and enter the world of binary options trading, they protect their initial transactions by registering on many trading sites and utilizing the initial registration bonus on each of these trading sites that enables them make transactions that are opposite of the previous transaction with the bonus money. This is done to ensure that they continue to get profits regardless of where the commodity value moves.
Is there a smart way to use bonuses from the binary option site?
As we explained above, the smartest way to take advantage of a bonus from a binary option trading site is to take a bonus from another site, then make two opposite side transactions on your trading assets through two different brokerage sites. This will guarantee that one of these transactions will give you profit, and the money you use to make the transaction comes from the bonus you get and not your money, so you will definitely make a profit.
What is the best way to reduce banking costs in trading binary options?
It often happens, you have to pay a large amount of banking fees when you make a deposit to your account and when you want to withdraw your profits from a binary option trading site, on that basis, you need to understand what costs you must pay if you make a deposit or withdrawal of your profit money.
One of the most effective methods is to make a deposit through a debit card, the deposited money will be taken directly from your credit card account and directly into your trading account, plus when you want to withdraw your profit, the money will be transferred directly to your credit card , and usually the bank takes several days to verify the transfer that enters your account.
Avoid and never use the services of a money transfer company such as moneyGram or Western Union to make a deposit to your online trading account, because the cost that you will pay will be very large, and it will take a long time for your account deposit process to complete.
Online wallet or electronic wallet is the most recommended method because many people still don't have a credit card. Using an online wallet can instantly deposit into your trading account at a low cost. Today many online trading sites accept payments through PayPal, Skrill and Neteller and you can also withdraw your profits into your online wallet whenever you want.
How do I lock in the profits that I have made even though the transaction time is not finished?
You must wait for the active period of your binary options transaction to determine whether your transaction is profitable or detrimental to you, and you may be the type of person who must have certainty that the transaction you make must generate profit when your trading commodity value reaches a certain value. On that basis we introduce you to the option of early exit.
When you have made a binary option transaction, and the value of your transaction asset reaches a number that gives you profit if you continue to be at that level when the active period of the transaction ends, then you are given the option to be able to do early exit. When you decide for early exit, you can end the transaction at that time and you will certainly get a profit. However, your profits will decrease because there are costs that must be incurred to be able to use early exit, you must be aware of this.
Another way for you to get a definite profit when your trading commodity value reaches a certain number is to use the One Touch option. When the value of your trading commodity reaches a certain level, your transaction is guaranteed to be profitable, even though the value of your trading commodity will change again or again. So make sure you find out whether your trading transaction can use the One Touch option.