BEST WAY TO KNOW A BINARY OPTION SCAM

BEST WAY TO KNOW A BINARY OPTION SCAM

 If you are new to binary trade you have to see this HERE

Binary options scam can be avoided if the right information is provided at the right time. As we all know you can’t trust anyone completely with your money, Elderly men usually say “what you know won’t kill you”.

Most people often ask this question; is binary options trade a scam?

Binary options are legitimate and viable financial investment and most binary options brokers are honest and reliable. Many fake sites or brokers are attempting to destroy the good reputation of well established binary brokers. Before signing up make sure to review the blacklist, and also don’t forget to visit Binaryoptionswatchdog for a clear and complete information about binary brokers both scam and the legit ones.

·        

           - Check if the broker is regulated and by who.

·                Use Google to search for scam report.

·         Check broker’s responds.

·         Join chart rooms, blogs and forums

·         Be sure of the terms and conditions

·         Manipulation of the underlying asset upon the expiry time.

Check if the brokers is regulated and by who.

Most top binary options brokers are regulated by CySEC, BDF, AMF, FCA, ASIC, BaFin

Each country has its own financial regulator who is responsible for regulating binary brokers, stock brokers, forex dealers, and commodity exchanges.

Most scam brokers may advertise that they are regulated by a specific countries regulatory agency, that is the responsibility of the trader to investigate and check it out.  And another thing you should check out is if the license of the broker is still valid.

You can do that by checking the link HERE

Use Google to search for scam report:

I always say that the best teacher anyone can get is the internet whatever someone is looking for has already be posted on the internet, recorded and analyzed by another person.

In  this our present generation were everybody make use of the internet for various things including researching and keeping records of information, The internet should be the first place you go for any question about anything.

Once you just Google a question on binary options scam result from different post relating to your question will be display for you to make a pick on the option that best fit your  question .

Check broker’s responds:  

Good and trusted brokers always respond to their clients emails and messages whenever the client ask a question concerning anything at all, you know why because they are not afraid of anything and have nothing to hide.

The moment you notice a broker taking too long to answer your question for more than once you should have a rethink about that broker, that should tell you that the broker does not care about their client which is one of the characteristics of a scam broker.

Brokers who are not scam treat and takes their client highly, because their client is their money, the reason for this statement is that whenever a client makes a trade the brokers have a percentage that is been awarded to them, knowing that you are their percentage they will do everything to make you fill comfortable and remain in their trading platform in long term.

Join chart rooms, blogs and forums: 

It is very essential  or should I say very important for a binary option trader to have one or two blogs, forums or chart rooms where he visit once in a while to get the latest update and news about the market and the latest way other traders are trading, and to see the different strategies which they use.

You will find a whole lot of blogs and forums about binary options trade you could use to keep yourself updated with information. This won’t take more than 20minute of your time a day.

Be sure of the terms and conditions: 

The terms and condition of anything be it a blog, a site, a business and lot more is an aspect that 70% would never care to see or take a look at.

This is where the scam brokers hide behind to do evil, if you go though the terms and condition of a broker you will know if they are scammers who want your money and if you will be able to work with the conditions they provided.

Scam brokers often change the terms and conditions relating the payout form their platform and if you enter into form of trading without looking carefully at the conditions of the broker you may be required to triple your initial deposit before you could make any withdraw, and this you know it is not a proper thing for anyone who want to see you make money with this trade.

Manipulation of the underlying asset upon the expiry time

Any broker who does this is a scam, no argument about it.  What they do is to suspend your entering by 30-60seconds after you trade count-down-time has count to zero. They will display something like expiring, getting result or processing and with this they will add 30-60seconds to the time your entering was supposed to have expired, giving enough time for the trade to go against you.

So whenever you notice a broker with this behavior you better run because that is a very good sign that the broker will stop at no cost to make sure you lose all your money and will even want you to deposit and keep trading with them.

Hopefully with this little step u will be able to identify a scam broker when you see one and please help tell the young traders about this, to help them know if the broker they are trading with is a scam. This am sure will help bring to stop the activities of the scam brokers.

THE UNFAILING 60SECONDS STRATEGY

                                                THE UNFAILING 60SECONDS STRATEGY

Note: this method works for 30seconds and 60seconds perfectly well.

60 seconds binary option trade is a new and simplified way of trading binary options, which enables you to get result within (1) one minute or 60seconds as it is mostly called.

From statistic 70% of traders trading binary option are using the 60seconds trade range, not because it is the safest range to trade but because everyone like to make income and profit in a short span of time.

So many trades have gone underground trying to look for the best way to trade binary options and make maximum profit in 60seconds.

Before I ever started trading binary options I took a whole year going through and studying many strategies, reading post online, downloading E-books and watching a whole wild collection of binary options videos on youtube.

After that when I finally thought I was fit and ready to trade binary options, within my first month of trading I still don’t understand WHY I LOST MY FIRST BINARY OPTIONS TRADE DEPOSIT.  Going back to my portfolio I found out the reason for that and I made a post about it. You should try to check it out.

 NOW TO THE TRADING FULLY

Go to your trading broker and let’s kick the ball, if you have not yet signup you can use any of the TOP 10 BINARY BROKERS introduced here, sure they are well rated by trading pros in the feed so you don’t have to worry, you can trust them. 

After that make your first deposit and if your deposit is large enough you will get a demo account activated for you to practice with for so hours some could even be activated for some days. It will be very good to trade with a demo account before using your hard earned money on some you are not very sure on how it works.

Most people are looking for place where they can get binary options demo account most at-times they end up depositing hug sum of money to their brokers just to get the demo account activated, and within two day the demo account will be inactive, and they will be tempted to trade with real money and they will end up losing all they have deposited.

DO YOU KNOW YOU CAN GET A FREE FULL TIME LIVE DEMO ACCOUNT THAT WILL NOT BE DISABLED?  

        Most people don’t know that it is possible to have a free no deposit and life time demo account, I stumbled upon this some time ago and it really worked. You can try it yourself www.MFXoptions.com Nice thing about this brokers is that they offers unlimited demo account giving you the opportunity to practice any strategy you fill like.

they have a friendly trading platform.

Now to trade with this strategy you have to be selective, selective in the sense that you don’t have to trade ever asset (stock, commodity, currency) available.

Look very carefully for an asset that fluctuate very often, the EUR/USD is one of the common asset that have this behavior, it is said to be best for this strategy. Most times others asset fluctuate very well as the EUR/USD dose, so have to check often.

 As you can clearly see the EUR/USD is not fluctuating in the way it will favor us, what i advise is to look for another asset that will be good to trade with.

So you can see the way this asset (EUR/AUD) fluctuate very well.

We will take the EUR/USD as our case study because it is most likely to do this:

 RULES YOU SHOULD USE FOR THIS STRATEGY TO WORK:

RULE1: Study the chart for a minute or two

RULE2: Look at the performance of the asset for the last hour or two, to see if the it’s fluctuation is very     clear.

RULE3: Now take note of the highs and lows of the asset for a minute or so, by looking at the charts and the decimal number at the right.

Those are the master mind behind this strategy:

HOW TO IMPLEMENT THEM!!!

FIRSTLY: Select the asset that has a very high fluctuating rate, the EUR/USD is a good one, I also advise you check out for any available one.

SECONDLY: Work with rule one, study the chart for a minute or two.

THEN: Implement rule two, look at the fluctuating performance of the asset  for the past one hour or two, if you are okay with it go to rule three.

NOW RULE3: this is a very strong part of the rule, looking at the highs and the lows of the asset for a minute or so, by looking at the chart and the decimal number of the asset.

Your focus should be on the movement of the chart; once you notice that the movement has gone down to the lowest level it has gone for the past hour or 30minute depending on the graph timing you are using, and it starts to come up a little or the number starts to increase, at once what you should do is to click the CALL button which is the up button.

And if you notice the chart has gone up a lot to the highest level it has gone for the past hour or 30minute depending on the graph timing you are using, and it starts to come down a little or the number starts to decrease, at once what you should do is to click the PUT button which is the down button.

The faster you do this the more accurate your result will be, this strategy works very well and almost every time. My rating for this strategy is 70%.

Try looking at this images to test what you have read so far if you can really apply it.  don't forget to apply for a free DEMO account no deposit at www.MFXoptions.com .

look for the best asset; if the EUR/USD is not good at the moment do not trade

look for another asset with a good trend

study the movement of the graph for a minute or two

watch it's highs and lows.

Remember you will not always win all your trade, but with a careful application of this strategy you are likely you win 70%-80% of your trade any time any day.

That is it, try to apply this strategy strictly, and let me know how your trade went. Hope to hear from you, do not forget to drop a comment on your view about the post.

Wish you successful trading days ahead.

DO NOT LOSE YOUR FIRST BINARY OPTIONS DEPOSIT

YOU MUST NOT LOST YOUR FIRST BINARY OPTIONS DEPOSIT

If you are new to binary options trading and you don’t want to follow the way professionals’ trade in binary options then YOU MUST LOSE YOUR FIRST BINARY OPTIONS DEPOSIT.

I started binary options trade after a year of studying different strategies from professionals in the feed; I downloaded many E-books, read blog posts and website, watch and download youtube videos close to 100.

At a time the filling was go to go came to me, so I made my first deposit, under a month I lost all that I have deposited and was left with nothing in my trading to trade with.

The reason was not that I was not prepped; as a mater of fact i was fully prepped I spent over a year on different strategies I got from e-books and videos, but still lost everything because I was trying out so many strategies and was looking for the one to perfect on. 

Many factors contributed to my lost, I letter got to know during a preview to my portfolio.

The first thing I notice was that I never get to have a “constant trading amount”

I also noticed greed,

Fair,

I never set constant budgeted amount for my daily trade,

And my initial deposit was very low, low enough to get me out.

 Constant trading amount

For a trader to make it with binary options trade he has to be consistent with his trading amount, he should have a fix daily trading amount, with this it will be difficult for a trader o loss beyond control, another very important thing is that a trader should never I any case trade with over 2% - 5% of his trading account balance. 

Slow and steady wins the race, if a trader tries to use more than 5% of his trading account balance, he should know that he or she is ready to lose that percentage he has traded with.

                        “Life is like a teacher the more you live the more you learn”

Your trading account balance is your life in the trading word, if your balance runs out there is no way you can be useful in the trading and in that case you are dead. Knowing this and taking your account balance as your life will help you minimize your risk taking when it comes to trading with you account balance. Money management helps traders to spend money in this system wisely.

Let’s say you made a deposit of $1000 into your new account. And our rule is “never trade with over 2% - 5% of you account balance. Here is the maths…………..

You will notice that 2% of 1000 will not cost you any damage if the result tunes out to be a lost. Using 2% simply means that you are having 50 chance or should I say tune to trade with your deposit of a $1000, and also using 5% means that you are having 20 chance to trade before you account will read $0.0 while using 10% means that you have 10 times only to trade.

As you can see, the more you trade the better your experience, and the more money in the bank. So I will repeat “do not use more than 2%-5% of your account balance for any trade”.

Fair

Fair they say is the greatest enemy to success, if you fair not to fall you will fair to climb meaning you failed be default.

As a new trader fair will almost want to rule over you and take the spirit of a man in you, some time when you find a good clear trend that you should trade on fair will not let you do so, because you will not want to lose your funds. Which means you failed that trade by default.

Greed

It is very natural for a new binary options trader to be greedy at the first place but your ability to be able to control and get over this is what makes you a good trader in the nearest future.

It happened to me as well when I newly started, whenever I lost a trade I will get greedy and want to get my lost back with some interest on it or if I noticed I am getting a lot of wins the spirit will arise and I will double my trading amount, most times I do that without calculating and that really tuned the beauty of my account into a monster with just a couple of trade, and I ever regret being greedy at first but at that time it was already late.

Low funding

 This is the problem most traders who say binary options trade is a scam mostly have, they never really deposit as if they were ready to trade, most people deposit as if they want to put the system to test and if they lose their deposit they will just conclude that the system is a scam.

It is very difficult for a trader who deposited a reasonable amount of money to lose all his trade without finding the real system good for him to get back all he has lost.

The higher your deposit the more chances you have to trade and get used with the system. Make your deposit high and trade with the smallest amount you can.

I exposed a broker that offer unlimited free demo account you don’t have to deposit dime.

Daily target

 This is the hardest thing to do on trading, have a target when you know that you can just knock the door at any time and it will be open to you, most time whenever I set a target and I reached it, I often gets tempted to keep trading, hoping I will make some more money and my account will keep growing.

Most times thing will tune out to work against me and the only way to keep the little which I profited is to quite trade for the day.

 If you finally get to overcome these fillings you will then be trading like robots, like we all know robot are not the best for this trade, if we can use their mind the we can be better than them.

WITH THIS SIMPLE TOOLS HOPE YOU WILL HAVE SOMETHING TO LOOK OUT FOR IN YOUR SYSTEM OF TRADING.

I look forward to receiving your comment on this post.

For now do have a wonderful trade.

How to trade binary option

                  BINARY OPTIONS TRADE
                     What is binary options?

Hearing the word "binary", what comes to your mind? sure its ZEROS and ONES , it call also be called digital options  and "option" is a selective decision to be made between two or more given object. Yes that is absolutely right, a decision that either YES or NO.

Trading have been simplified to a level where you only have two option to make one decision. Welcome to binary option trade a simplified form of trade that allows you to make money by just a simply choice. Since 2009 binary option trade have been making waves to all part of the word, and today i can say that in every 100 person in a country 2persons are binary options traders.

In binary option trade asset like a stock, commodity, index and currency are what we trade on, an investor doesn't purchase the asset - he is merely predicting the direction that the price of the underlying asset moves.

Just as we have cleared that binary option dillies with predicting the direction of the movement of an asset, How then can we know what direction binary option trade is going?

 

From here we can see that binary option trade is going towards only two direction which is up and down,

So to trade in binary option you have to decide if you asset (stock, commodity, index or currency) is going to go up or its going to go down.

Now that you have know what binary trade is all about its time to go straight to how it work and how you can make money with it.

It will be very bed if anyone tells you about binary option and omit one very important thing......RISK WARNING

RISK WARNING

Trading binary option caries a very high level of risk and can result to the lost of your investment, As such binary option may not be appropriate for you, you should not invest money you cannot afford to lose. before you decide to trade you should carefully consider your investment objectives,level of experience and risk appetite.

WHAT TO TRADE 

Like i earlier mentioned in binary trade we trade asset, asset like stock, commodity, index or currency. we don't purchase these item we only predict the direction they are likely to go, either up or down. lets list a couple of these asset to trade.

Currencies

EUR/GBP             EUR/JPY                 EUR/CAD                 EUR/CHF

GBP/JPY              GBP/CAD               GBP/CHF                  CAD/JPY

CHF/JPY             USD/CAD               CAD/CHF     

    This is also known as the currencies exchange rate for various countries.

Commodities:

 Gold, Silver, Wheat, Coffee, Oil, Sugar, Platinum

Stocks:

 City (US), Apple (US), Gazprom (Russia), BP (British Petroleum), Google (US), SberBank (Russia), Coca Cola(US).

Indices (Indexes):

 DOW (US), S&P 500 (US), NASDAQ (US), DAX (Germany), CAC (France), FTSE 100 (U.K).

Where do we trade

The company  that offers the platform for binary trade is what we call brokers their are many brokers and some of these brokers are scam. look here for Top 10 binary options brokers.

As we all know before you can begin a trade you must first deposit, most brokers have their initial deposit amount to $250 while some initial deposit is $200.

ITS TIME TO CREATE AND FUND

Now that we have known all we have to know its time to create and fund our account, use any of the i earlier mention or you can pick from either of these Regulated binary options brokers.

Creating and funding of your account will not take more than 15minutes.

LETS TRADE

In  your trading platform there are various of ways to trade, 

1. Binary Option

2. Long Term  

3. Sixty Seconds   

4. One Touch

Binary option

As it is, it is a 15minute trade were your decision on a particular trade will made known either won or lost, most platform better still brokers rage the timing from 15-60minutes which is enough time for your trade to be a win if it is well calculated.

This have been the safest way to make money from binary trade ever since it came into existence. here is a pictorial view of binary option.

Long term 

It is a trade that takes over a day or so for your decision on a particular trade to be approved a won or lost. long term is the oldest style of trading and only a few trades use this method, as most people need to make their profit with the speed of light.

Sixty seconds 

This is the recently most trusted and fastest way of trading binary option (the sixty seconds) most people love to make profit very fast, 70% of traders who trade binary trade allover the globe uses this timing to bring in money.

One touch

With the Touch type options expire in-the-money if the price of the asset touches a predetermined barrier by the time of expiration. Price barriers can be higher or lower than the current price of the asset when the option is purchased. Binary brokers also offer variations on Touch, including “Touch Up” and “Touch Down”.

One torch offer the highest out-put rate of 200%-500%  in any trade that tends to be a success

Advantages and disadvantages to consider when trading Binary Options

Advantages

Risk control - With binary options the return on initial investment is fixed From the beginning, thus the amount of possible profit or loss is well known. Which means that you'll never lose more than what you expected and can determine your risk as completely as is possible. There's a limit on how much could be earned or lost in one trade. Because the rate of return is relatively high, and trade times are short, in the long run the fixed rate of a binary option can be a big advantage.

Low investment amounts – Binary brokers have low investment minimums, thus allowing you to start with small amounts. With most brokers you can start trading with as low as $20. If you are familiar with stock market trading, you probably know that you need a decent amount of preliminary investment capital, brokers, commissions, etc. Thus the possibility to begin trading with just $20 as well as the flexibility to pick your investment amount is certainly an advantages.

Short-time trading (daily, hourly) – With binary options you decide what the expiry time of the option will be. If you are a fan of long-time investments, you can choose “end of the week” and “end of the month” expiry times. However, most traders would prefer shorter time frames.

Online trading – Binary options are traded on online platforms and therefore you don't need any software downloads. Trading is available from anywhere, all you need is a computer and internet access. You simply enter your login and password and get straight to your personal profile page and start trading.

Simplicity - Trading Binary options is very simple and straightforward, all you need to do is decide which of the two directions the asset will move, up or down.

Disadvantages

The main disadvantage of trading binary options is the level of "fee" that is paid to the broker, it is relatively higher than in other investment areas. Fee? What fee? well, it's not exactly a fee, it's more of a 'spread'. The brokers' "fee" is embedded in the business model of a binary options brokerage. 

You buy the options contracts from the broker, if you win, the broker will pay you out about 71% to 85%. If the contract expires “out of the money”, some brokers will refund a small percentage of the principal. The broker gets the difference between the sum that they keep on a losing trade and the amount they pay out on a winning trade.

Binary Trading Risk Management
Your first concern when trading binary options should not risk too much money on any given trade. Unfortunately, many traders start trading binaries without thinking about the risk that they are taking - only about the potential rewards.
If you want to succeed in binary trading you must take into consideration the maximum percentage of the total trading money that you should risk in any one trade. Actually, your ability to limit your losses is equally as critical (or even more critical) as your success in managing winning trades.
The goal of practicing a good binary options money management is to minimize risk and increase payouts. 

For starters here are 3 quick tips:

First, Trading binary options is fun and exciting and money can be made; but you must also keep in mind that like with any other options trading there is the risk of losing. Hence, binary options trading rule number one: do not trade with money you can't afford to lose.
Second, Never borrow money while trading, trade only with your own money.
And third, set and stick to a budget. Write it on your forehead if you have to, but no matter what, when you hit that number, quit trading for the day.
Good money management calls for adopting a conservative investment strategy that means that you should never risk your entire capital.

When you enter a trade (no matter how great it may be), always ensure to only invest conservatively. By conservative I mean that you should not use more than 5% of your capital on any single trade. Binary options trading like any other stock investing is not a sure thing, there is always a risk factor involved. A conservative investment strategy helps you to conserve your money when things go wrong.

Binary options trading offers a lot of choices to the trader. A good money management strategy requires diversification. The volatility that accompanies trading currency pairs is much distinct from say trading commodities as well as stocks. Obviously, the payouts may vary depending on the asset which is selected. As the saying goes, never put all your eggs in the same basket.
Losses in a trade should be accepted on a positive note. The effects of a trade that goes against you are able to impact the future or successive trade decisions. Expecting losses whilst investing, whether it is Forex trading or binary options can assist traders in
identifying the areas which may happen to be unnoticed. Losses needs to be seen as a stepping stone instead of having it affect you.

Start off slow and scale up - this has a significant role particularly for beginner traders. Certainly do not fall for the emotions and commit your entire amounts right away on one trade. Investing in small amounts continually helps you to take a self-disciplined approach. The majority of binary options brokers allow for a minimum trade sum between $10 and $30. Use this advantage and be sure to trade with patience.
Do not expect to make gains with binary options trading as soon as you made your first deposit. No matter if you commit $100 or $3000 the exact same key facts apply. Trade in small amounts until you have the sense of the assets that you're trading. This can gradually build your self-confidence levels and helps to automatically be aware of the indicators and be able to prepare your investing strategy and ultimately help reduce the losses. One of the important things that specifies successful traders has to do with using a good money management strategy.

The above strategy has now became something of an accepted mainstream investment theory and is an ideal method on which to found your own binary options money management strategy.
As we mentioned before the money management strategy that we recommend is using no more than 5% of your entire budget in any one trade. The idea behind this approach is to achieve optimum growth while minimizing the risk. Simply put, the biggest downfall to producing good results in binary options derives from the risks involving losing. Therefore if you are able to reduce these risks, you'll have a far better chance of making money with your account to come.
Now how would this work in the real world? Let us have a look at an example: beginning capital $1000, Thus 5% will amount to $50 per binary contract placed in your account. With a typical binary options broker this could equal 5% risked for a possible 3.5% return, supposing a 70% pay out. While this might appear low to some binary investors, keep in mind that this method concentrates on risk reduction and capital generation as a way to maximize long-term growth potential.
By adopting this approach you can take a 'hit' on your account and still endure a chain of losses. Actually you can tolerate a run of 20 losing trades prior to your balance hit zero.
There is a fine line between gambling and trading. To 'gamble' is to take a high risk with limited chance of achieving your expected pay out. To 'trade' is to take a calculated risk which will nevertheless provide you with a good return as well as keep you in the game for the long run.
Not only will pursuing this kind of strategy truly enable you to improve your outcomes, it will as well help your mental well being. When starting any type of trading you shouldn't be in a position in which you are sweating on a contract winning.
Aiming and sticking with a strategy which offers successful money management does not just make sure you are not kept up at nighttime; 

It will as well make sure that a loss will not signal the end of your investing career.6. What You Need to Succeed in Binary Options
Binaries are simple to trade but don’t make the mistake of thinking that they are easy to make money with. There are many websites that tell you differently. They make you think that you just have to sign up for an account, start trading and ...voila, become a successful trader. Well, life is not that easy.
 

Like in many other areas, you need a solid knowledge before you get started. Hopefully you'll get some of it here in this guide. Be aware, though, that just reading this guide will not automatically make you an instant millionaire. You’ll learn a lot of facts and strategies about binary trading, but in order to make the most out of this guide and become the trader you want to be, you’ll have to adapt the ideas that you’re about to learn to what you already know.
For starters you need to learn how to read the charts. Charts are your main weapon in winning the Binary Options wars - ...well, maybe I'm a bit melodramatic here. But seriously, charts are a vital resource for a serious binary trader, actually any valid strategy involves reading and analyzing charts.

Basically, the charts allow you to predict the future course of an asset by finding patterns in its past price movements, and after all this what we need to win a binary trade.
Don't be intimidated by the charts, actually they are not that hard to read and understand. Strategies that are based on reading and analyzing charts are part of the technical analysis area.

Technical analysis follows a straightforward set of rules freely available on scores of websites. Happily, the simplest rules in charting tend to be the most reliable. In a later chapter we will go over several strategies that you can apply in your trades.
The most basic form of technical analysis would be to look for support and resistance levels that markets have struggled to break through in the past. Charts in this way works best in moderately volatile markets. Technical analysis is also useful in identifying trending assets.
 

Another simple way of using charts is to look at moving averages, such as the average price over 10 days. The idea is that this gives you a better representation of what the price is doing over a longer period of time.
Another simple pattern is based on the so-called relative strength index (RSI). This highlights situations where a market is overbought or oversold and warns of a potential reversal in the trend. The RSI is the total points gained on up days, divided by the total points lost and gained, multiplied by 100.
Now that you are convicted in the necessity of charts the question is where can you get them. Well, there are a lot of online charts services and software, to find them simply run an online search for "real time charts" or "charts software".
Effective charting service packages help you access the market data in real-time; this information is shown in a number of ways, which will help you in performing your trades.

Finding the “right” charting service is definitely a personal choice - it could be compared to selecting the right car. What another trader prefers could be not the same as what you select, and the other way round. That is the reason why it may be necessary for you to properly examine a list of features - with both pros and cons - prior to making the decision on a charting service.
In essence you must have a list of criteria, and you have to compare the available charting services using that list. Make your selection based on the results. Listed below are requirements you should consider:
 

Real-Time Data - You want a reliable system that will provide real-time information immediately. This particular feature by itself will leave out many of the options available, because a lot of online packages will have some kind of delay. With regards to binary trading you obviously can’t afford to face a delay.
 

Market Data Coverage - Look at markets which are included in the charting service. The majority of programs include the major U.S. markets, but if you have to have other global markets, like Asian or European markets, then you definitely have to make sure that data is available in real-time.
 

Variety of Indicators - Based on your own personal requirements, you may be interested in a diverse variety of indicators and charting methods, such as bar charts, point-and-figure charting, or Japanese candlesticks. Additionally, find out if the charting service can show basic indicators like MACD, RSI, and Moving Averages easily (I will explain all these later). If you’re serious about technical analysis, ensure that you can easily program your own indicators or modify the existing ones to your desires without having too much trouble.
 

Reasonably competitive Rates - You will need a charting service that won't cost you all of your money before you even get into your first trade. It’s necessary to shop around. Nonetheless, locating a competitive price is not to mean that the provider’s service is the cheapest. You need to be cautious with this one - the old saying “you get what you pay for” certainly does apply with regards to trading. Consider your choices. You seldom want cheap trading service that gives you next to nothing, however, you probably don’t need the most expensive service with options you won’t make use of - either. And make sure that the company you choose will allow time to test out how the service really works. Should you be not comfortable with using it, you should be able to ask for a refund.
 

User Friendly Platform - You need to have a system that you can use easily, not one that needs a degree as a computer engineer. You’ll need a system that lets you back-test strategies and program customized indicators and trading systems without a lot of difficulty.
Reputable Company - Pick a reputable provider which has a recognized reputation online for its platform and data feed. And obviously, select a provider which has superb customer service.
I hope at this point you have a much better notion of what sort of charting service can best meet your needs. Keep in mind, effective charting application is actually what will give you the velocity and ability to perform fast trades in response to breaking news. Over time, you may want to move on to more sophisticated services as you become more skilled in the investing universe.

 How Much Money You Need to Start Trading
Naturally, you will need capital to trade. Nevertheless you’ve likewise heard this warning more than once: “Don’t trade with money that you can’t afford to lose.” You may think this is simply the conventional warning that each pro inside the investing field needs to use. But it is certainly not. It is a lot more.
There is more to trading than simply using a strategy. A trader’s two major enemies are fear and greed. This is very often the case. That is why controlling your feelings is extremely important to your trading.
 

It is extremely important not to place excessive strain on yourself or your trading performance. And to maintain the stress down, you most likely should not quit your day job just yet. Prior to being a skilled binary trader, your trading should be consistent, and your gains ought to be nearly foreseeable. Provide yourself some time to prove that you have what it takes to trade for a living.
 

Regarding the sum of money you really need, that depends on you. Possessing too much money in your trading account could be equally as harmful as having too little. If you have $100,000 in your trading account and only risk $100 per trade, you may think of your losses as ‘peanuts.’ Even though we have to learn to accept losses as part of the business, we have to still by no means consider them as ‘peanuts!’ There is a balance. You need to find it.
You must fund your account properly - not too much and not too little. And be ready for a period of time where you might not generate a lot of money with it. As with everything, there exists a learning process when it comes to trading.
Numerous newbie traders believe they ought to trade all of their savings. This is obviously a dangerous belief. In order to find out the amount of money you should trade with, you must first identify just how much you can actually afford to lose, and what your financial goals are.

We need to start by identifying just how much of your savings need to stay in your savings account. It is very important to always keep three to six months of living expenses in an easily accessible savings account, therefore set that money apart, and don’t trade it! You must never trade money that you could need immediately. The rest of the sum of money will probably be what you currently have to trade with.
Have a look at the amount of money you can presently afford to trade. You rarely want other parts of your life to suffer when you tie your money up in a trade, so ensure that you consider what these savings were originally for.
 

Next, figure out how much you can contribute to your trading activities in the future. In case you are presently employed, you will continue to receive an income, and you can plan to make use of a part of that income to build your investment portfolio over time.
Two more important things to keep in mind: most brokers require a minimum deposit of $100 to $200, so this sets a minimum initial amount that you need to start trading with. This does not mean that you will be risking the whole amount in one trade, as discussed previously try to restrict each trade to no more than 5% of your account size.
Another subject that needs to be considered is your risk tolerance. Everyone has a risk tolerance which should not be overlooked.
 

Identifying one’s risk tolerance requires a number of different factors. To begin with, you should know what amount of cash you have to invest, and what your investment and financial goals are.
As an illustration, if you plan on retiring in ten years, and you haven’t saved a single penny yet, you are getting to have to have a higher risk tolerance, simply because you’ll have to do some aggressive trading to be able to achieve your financial target. On the other side of the coin, if you’re in your early twenties and you wish to begin investing for your retirement, your risk tolerance could be lower. You are able to afford to observe your money grow gradually with time.
 

Understand, naturally, that your need for a higher risk tolerance or your need for a low risk tolerance have no bearing on how you feel about risk. Once again, there exists a lot in identifying your tolerance. For example, if you entered a trade, and you see that trade go against you, what would you do? Let’s say you are hit with a $1000 loss. Would you keep on trading, or would you call it off for the day? If you have a low tolerance for risk, you would want to stop trading for the day. If you have a high tolerance, you would keep on trading.
 

This kind of decision is not depending on what your financial goals are. This tolerance is based on how you feel about your money. And, naturally, your account size plays a vital role in determining your risk tolerance. In case you have a $2,000 account, then a $1,000 loss will make you nervous, as you are shedding 50% of your investment capital.
But if your trading account size is $100,000, and you are faced with a $1,000 loss, then you might be more calm, as it is just 1% of your account. As you’ll learn, emotions are a very important element in trading; for that reason, it’s important to take the time to figure out your risk tolerance.10.

 A Few Trading Tips you should keep in mind
1. Before implementing any strategy you must check for any related news events. why? because news events may interfere with your strategy and distort the outcome that you are expecting. Bad news may cause an uptrend to swing down and good news may cause a downtrend to swing up. Before implementing any trade simply run an online search to make sure there are no adverse news events expected.
 

2. Different parts of the day coincide with different amounts of volatility in the market. For example, the afternoon, when no major announcements are expected, will be associated with less volatility than the morning hours. Thus, trade volatility (Range Out) before noon and stability (Range In) afternoon.
 

3. You can expect the market to get volatile and make large swings right after major market announcements such as interest rate announcements by the fed and job reports.
 

4. Trading stocks times is subject to the opening hours of the relevant stock exchanges. Obtain a table with the trading hours of the various world bourses.
 

5. Have a trading plan and a strategy and always stick to them.
 

6. Take time to improve your technical analysis knowledge, this will help you to sharpen your strategies.
 

7. Control your emotions and never trade when you are tired or drunk, this may lead to irrational behavior and losses. Always trade while you are relaxed and focused.
 

8. For trades with expiration times shorter than one day use 5 minute charts to establish your entry points.
 

9. While trading, your main concern should be limiting risk and protecting your capital. Develop a money management plan and stick to it, always!
 

10.Define your entry points. This is a part of developing and following your trading plan. Don't trade without having a trading plan.

Hope with this, i have been able to introduce binary options trading, i will be making a  posting on the best brokers, those with the lowest investment rate and lowest deposit rate as-well.please don't forget to drop your comment and any question, hope to hear from you. 

THANKS