Binary options how to really make money. Risk management in order not to lose money

Binary options how to really make money.  Risk management in order not to lose money
Binary options how to really make money. Risk management in order not to lose money

Think it's a catchy headline - just words? For starters, here's a little fact: at the beginning of 2017, I set a record, my record for profit in January was $ 19,600, which I had already managed to cash out.

By the summer, my earnings totaled more than 156 thousand dollars. For the whole summer I went on a cruise, so I will rarely answer questions, and I temporarily do not give personal consultations. But you can quite figure it out without me.

Now let's get acquainted. My name is Dmitry Nikolaevich Savenkov. I am a co-author of a financial portal site, but I have also been working in the field of trading and investments for more than ten years, which at the moment is my main source of income. Over the past few years, income has allowed me to live without financial worries, because the level of my income corresponds to that of a high-level entrepreneur, but at the same time being employed in trading leaves much more personal time.

My personal conclusion: Only trading allows you to earn sufficient financial resources, and at the same time not to attract anyone, not to share with anyone and not to depend on anyone.

How did I start

For the first time, I was lucky to hear about the possibilities of earning money in the financial market at the beginning of the 2000s. Here, unlike business, you can be independent from changing legislation, suppliers, competitors 'intrigues and partners' failures. My interest in this way of making money smoothly turned into a hobby, and then ...

I cannot say that the process of my formation went smoothly and painlessly - after big ups, there were often also downs, and long successful periods sometimes met with several unsuccessful deals. But these are things of bygone days - over time, the proper experience came to me, and with it the stability of income.

When I withdrew from brokers' accounts for three months in a row 3000-5000 $, for the first time I realized that I want to do this all my life. Passion has become a full-fledged job.

How it works I tried to explain briefly on this infographic:

I will say right away: In a good scenario, the income of a good option trader can reach several tens of thousands of dollars, but in this case it will be necessary to adhere to the correct line of behavior, which I will also tell you about. Freebies don't exist!

School for a novice investor and a tool for earning

Binary options in the form in which they exist now appeared relatively recently. Financial companies position this service as an alternative way to generate income, and compete with classic forex brokers offering their clients direct access to the international financial market.

What are Binary Options?

Rates of national currencies, shares of international companies and prices of various goods tend not to stand in one place, but rise and fall depending on the level of supply and demand.

A good example of this is the oil price that fell in two years, or the rise in the price of gold due to the unstable world economy. It is on such fluctuations that brokers of binary options offer to make money - if their client guesses with the direction of the asset price movement, and buys an option in the direction of its movement, then he makes a profit. If he guesses wrong, the funds invested in the deal go away.

What is the difference between making money on binary options from working in the Forex market?

Binary options are much easier for a novice trader than mastering the international financial market. At the same time, they can serve as a good starting point for starting a career as a real professional who can act both independently and representing the interests of any financial company.

I recommend working with binary options as the most direct and understandable way to work professionally in the financial market. However, it is options that can become the main way of making money, since they allow you to get high profits without making large initial investments.

At first glance, making a successful transaction to buy a binary option looks very simple:

  • Stage 1 - determination of the trading asset with the highest profitability;
  • Stage 2 - determining the possible movement of the price level of this asset;
  • Stage 3 - timing of the deal;
  • Stage 4 - buying an option in the direction of the expected price movement;
  • Stage 5 - receiving net profit by the client.

In terms of the ratio of the possible earned profit to the funds spent, options are ahead of all other methods of legal earnings, since with a successful outcome of each transaction, the client can receive up to 90% of the net profit.

But it should be remembered that a trader can make money on binary options consistently and constantly only if the following points are completed:

  1. Obtaining proper theoretical training regarding trading strategies, indicators and the impact on asset prices of global economic events.
  2. Passing a long period of practical trading.
  3. Study of the psychological processes accompanying real money trading.

That being said, you should be careful - choosing the wrong broker can negate all your efforts. Below I will tell you more about the best options broker in more detail and describe all the advantages and disadvantages.

Recommendations for choosing an options brokerage company

I cooperate and personally work for a long time with Olymp Trade. It is licensed, it makes withdrawal of profits on a large scale without any problems and allows its clients to earn money, ensuring proper transparency of each transaction.

Olymp Trade

An international broker that is very popular among novice traders, but most of the professionals use its services.

Olymp Trade has many strengths regarding the trading process:

  • intuitive and simple working platform;
  • a large selection of trading assets;
  • loyalty to the client, in case of disputable situations;
  • a small starting threshold - even the most impoverished student can become a client of Olymp Trade;
  • The company pays a lot of attention to training novice traders - in addition to the extensive program presented on the official website, the broker constantly conducts webinars, which are interesting even for experienced traders to participate in.

As well as good trading conditions:

  • the minimum deposit for opening an account with a company is 350 rubles;
  • the minimum amount for a transaction is 30 rubles;
  • the maximum possible profit from the transaction - 90%;
  • deposit and withdrawal of funds is possible both with the help of cards and electronic wallets without commission;
  • the possibility of technical analysis and connection of indicators directly on the trading platform;
  • weekly analytics and recommendations for traders, economic calendar and trading signals. Training for beginners.

Register directly through this form or follow the banner below:

Working with this broker also has several interesting differences from competitors: thanks to the system of risk-free trades, you can buy binary options without investing in real money, in addition, the Olymp Trade platform allows you to cancel unprofitable trades, so that even a novice trader can trade with profit.

For those who are just exploring the possibilities of making money in the financial markets, I recommend using the Olymp Trade platform, as it is more loyal to a novice trader.

The last point is actually quite important, since professional trading takes a lot of time and work on mobile devices allows you to combine it with other activities. Moreover, the broker allows not only to make transactions on the mobile versions of their platforms, but also to use the economic calendar, technical analysis, and main indicators.

The company is licensed, which means that you are insured against any fraudulent and non-trading risks. When registering, you may be given a no deposit bonus. Brokers also provide clients with the opportunity to work from mobile devices on both Android and iOS.

Olymp Trade Certificate:


Click to enlarge the Olymp Trade certificate

We can say that the company provides everything necessary for any of their clients to become a truly successful and earning trader.

Step-by-step instructions for getting started in the financial market

And now, as promised, a step-by-step instruction on how to make money on binary options for a beginner:

  1. Register with Olymp Trade using the form above or banner.
  2. You have been working on a demo account for a month using any trading system (I will list the simplest, "working" and profitable ones), along the way studying all the available theory of options trading.
  3. If, when working on a demo account, you manage to close 6 out of 10 deals in a plus, you can safely switch to a real account in the first week, working at low rates.
  4. Increase the size of the trade gradually, when working with options, I increased the size of the bet by 10% every 20-30 trades, provided that they brought me a profit. If 30 trades brought a loss, I kept or even reduced the size of the working rate.
  5. After a year of such painstaking and thoughtful work, you can relax a little - you have gained the necessary experience and can consider yourself a trader.

Friends, I have made many mistakes and slipped on this path, and for a very long time I went to financial independence and freedom. To avoid repeating my mistakes, check out these guidelines:

  1. If you decide to try your hand at trading options, immediately discard all thoughts of get rich quick and profit. Treat it like an experiment - will it work or not? This approach will allow you to avoid unnecessary haste and associated mistakes.
  2. For the first month, work only on a demo account, enter all the results of trading in a notebook designated for this, the so-called "trader's diary". How to manage it and why it is so important, I will tell you a little later.
  3. If the results of work on a demo account suit you, and there were no obvious failures, you should switch to a real account as soon as possible, since it is on this account that the psychological aspects of trading are included in the game. On a live account, work with a minimum bet.
  4. Study the entire theory of binary options trading and work in the Forex market. Not one or two books about trading you have read will make you a professional - try to use the full range of available information. Complete training programs with the listed brokers, participate in all of their webinars. As soon as you start to feel savvy about trading, double your vigilance and caution in trading. Because self-confidence is one of the main enemies of a novice trader. Be prepared for the learning process to be an integral part of successful trading.
  5. A beginner trader should understand that success is determined not by the chosen trading strategy, but by the correct approach and risk control (the so-called risk management), as well as full control of emotions when trading.

Stick to these points, and trading binary options can be a full-fledged way of earning for you.

What do I want to convey?

It is possible to make money on binary options, and the amounts, moreover, are very decent. But it is not as easy as it is positioned on some resources. Do not believe the fairy tales that it is worth putting money to a broker - and the profit will fall on you, like from a cornucopia, and all dreams will come true at once. To achieve even a small result, you still have to work.

I would also like to say about the choice of the timeframe. It may seem to novice traders that the shorter the trade execution time, the higher the chance of guessing the direction of the trend and making a profit. Everything is exactly the opposite - the longer the expiration period for work you choose, the more chances that your predictions will be correct. For the initial stage, I recommend working on candlestick charts with a timeframe of at least 30 minutes-1 hour, buying options for three hours or more. In this case, you will make no more than 2 transactions per day, which will force you to treat them with due seriousness.

The more responsible you are about trading, the more profit it will bring for you!

And one more thing: in binary options it is impossible to be too careful - it is better not to make a single transaction in a day than one, and it will be unprofitable.

Strategies for beginners

Let's consider the optimal trading strategies for novice traders so that you know how to trade binary options.

In this material, I physically cannot list all the strategies that can be used in work. But pay attention to the following simple systems for trading:

This strategy uses the simplest indicator that can be found on the Olymp Trade and Binex trading platform - the moving average (SMA). This situation is shown on the screen of the trading platform.


Click to enlarge

How to make money: I often use the 50 moving average period in my trading, and I make a deal to decrease the price of an asset (buy a put option) when the indicator crosses the chart, when the moving average crosses the chart from the bottom up and is above it.

A pair of standard STOCHASTIC OSCILLATOR indicators with settings 21-9-9 and 9-3-3 is used. Trades are executed when the lines of the “fast” stochastic are crossed, the option is bought in the direction of the movement of the “slow” stochastic.


Click to enlarge

Video instructions for working with this indicator:

I use these two strategies all the time; a medium volatility market is a condition for their profitable operation. In addition, as a filter of false signals, I use classic price action strategy figures and technical analysis figures.

Is it realistic to make money on binary options by working with these strategies? These are the simplest of the systems, but they allow you to keep at least a breakeven, under conditions of a rapidly changing market, and make good profits, with an average volatility of the world market. The only condition for their successful implementation is the experience you have gained personally in real trading.

Trading psychology and a trader's diary

I left the most important and significant for the completion of the material - it is the understanding of psychological processes and the influence of emotions on trading that makes it profitable. You can choose the most up-to-date and accurate of the existing trading systems, read forecasts of leading market analysts, carry out correct technical analysis, but at the same time miss the mark when buying an option. Studying the psychology of trading teaches a person to understand the constant risk in this profession and to fully accept it.

There are three main negative emotions that affect trading - greed, fear and excitement. Once you manage to eliminate them, the work will become stable, and you can be called an experienced and successful trader. In this case, options trading becomes automatic - I saw a trading situation, bought an option, made a profit. Everything is exactly as described in the cheap advertising articles about the "best binary options". A bad deal will not unsettle you, and will not lead to a string of failures due to a swayed emotional balance.

A few words about the trader's diary and why it is so needed. The trading platform of any broker records all the trades made by the trader, so beginners rarely keep a diary of trades. However, it is he who helps to collect the statistics necessary to set up your trading system. What is such a diary?

Each trader can lead it differently. I am using the following scheme:

The more data on your work you write into such a table, the faster you can identify common factors for your successful deals, and understand what unites your failures.

Results of the material. What Are Binary Options Really?

Binary options trading is not a magic wand that will make you rich in a matter of days and weeks, and it is not like casino roulette. Working with them is rather a serious way of earning money, which can easily compete with any business in terms of its net profitability, since it does not involve the cost of renting premises, purchasing and depreciating equipment, or wages of employees. Everything that you earn in the financial market will be exclusively your personal income.

The whole truth about binary options is that in order to achieve even small results, you need to make a little effort - to go through theoretical and practical training, choose a trading system that is suitable for your vision of the market and defeat the main enemy - your own emotions.

Since you are reading this article now, it means you have heard out of your ears from friends, acquaintances, on billboards or from an obtrusive banner on the Internet about the possibility of earning extra money on binary options. And for some, this additional income is several times higher than your monthly one. Naturally, you have a question - what is earnings on binary options?

Let's look at it in order. First, we want to bring you down to earth. It is possible and quite realistic to make big money on binary options, only for this you need to do a lot of work. Don't count on easy money that will fall on your head on the very first day of trading. People have been learning to trade for years, you are no exception.

Therefore, be patient and persistent to go through all the stages of becoming a trader. But the end result will not disappoint you!
What is earning on binary options? It's really easy at first glance. You need to guess UP or DOWN the price for a certain period of time will go and press one of the two buttons. You guessed it - a profit of up to 90% of the amount of your bet is in your pocket. That is, if you bet $ 1,000, you earned $ 900 in less than a minute!

This is what the terminal of any binary options broker looks like. Of course, each of them tries to make their platform special, but as a rule, they differ only in design and in the list of trading assets and indicators presented in the program.

In short, all earnings from binary options can be combined in 4 steps:

  1. Open a Live chart or a window of your trading terminal with a broker.
  2. You make a forecast regarding the future dynamics of a currency pair (stocks, indices or commodities) yourself, using indicators, graphical analysis, free signals on the Internet, etc.
  3. You place a bet, for example, 100 rubles, then set the expiration time (the expiration date of your deal) - this is the time after which the price, in your opinion, will be higher / lower than the starting one.
  4. If your prediction turned out to be correct, then at the end of 15 minutes you will receive your well-deserved earnings.

In order for your earnings on binary options to become stable, you need to achieve a result of 70% of successful transactions for a certain period (week, month). You will not be able to trade binary options every day for profit, as the market is unpredictable and chaotic. The main thing is that after a specific period, your net profit exceeds the drawdown.

It is almost impossible to achieve this at the initial stages - there is not enough knowledge and experience. For novice traders, the first goal is to master trading and improve a trading strategy on a demo account, trying to break even.

The truth about binary options - earnings or scam?

In fact, this is a completely logical question that all novice traders ask themselves. There are a lot of conflicting opinions on the Internet now. Some say that this is pure divorce and not true, others prove their thousands of account statements with screenshots.

People were divided into two camps - opponents and supporters. Opponents trumpet in all forums that the entire binary options industry is scammers, while supporters defend this type of earnings. The first argument is that making money on binary options is very similar to playing in a casino.

It is worth agreeing here, when making bets, inexperienced gamblers really experience the excitement. And any losing trade is tempting to re-enter the market in order to win back. But binary options is not a casino! If anyone assures you otherwise, then most likely this is a loser trader who bet only on luck without using technical and graphical analysis.

Making money on binary options is a whole science that will have to be comprehended throughout a trader's career.

Therefore, do not believe such pitiful cries from losers on the forums that binary options is a scam and fraud. They have not been able to succeed in trading, and they blame everyone except themselves for this, although in fact it is they who are to blame, because they did not devote enough time to training and practice.

What is the difference?

In a casino, everything depends on chance, fortune, coincidence of circumstances. Everything in the market lends itself to patterns that you can easily learn to predict when you study technical analysis. Any event on the world stage, any macroeconomic report can affect a currency pair or the price of oil. Therefore, having studied also fundamental analysis, you can practically see the market through and through.

Another proof of the legality of the binary options industry is brokers. Leading companies have been in the industry for two decades! Think for yourself, could they have been able to deceive people and steal money under their noses for 20 years? Right! Of course, there are fraudulent companies that lure customers onto their platform with numerous beautiful tricks in the form of bonuses, and then run away with the customers' money.

That is why you need to be more careful in choosing a broker, because half of your success depends on him.

Do not believe those people who write that they earned $ 1000 in one day from a minimum deposit of $ 10. This is pure divorce. As a rule, after that they offer to buy from them the very strategy by which they earn such huge money. Now think for yourself - would you sell your strategy to a complete stranger for $ 100-200, which is indicated in the price tag of this "genius" of trading? Of course not!

In the binary options industry, it is important to learn to distinguish between what is a scam and where is the truth. Do not get fooled by bright banners about a 100% indicator, about a win-win options trading strategy, about large no deposit bonuses.

There is no Holy Grail, even professional traders from Wall Street are wrong, what can we say about us. You should not be fooled by large bonuses, such as "top up your account with $ 100 and you will get another $ 200 as a gift." In order to withdraw such a bonus in the future, you need to make a trading turnover that is at least 20 times your $ 100 .. And where does this kind of money come from for beginners ...

How to learn how to make money on binary options?

If the first part of the article disappoints you, and you are upset and desperate. I want to assure you that it is really possible to become a successful trader. Now we will look at how to do this step by step.

So, your career starts from this point. Carefully study all the ratings, read reviews on the forums, find out all the trading conditions that the broker offers. Be sure to check for licenses from regulators - if they are not there, then most likely you will not get your money back, and the broker will disappear after a year. Better yet, go through the points from the article ""

Now all companies have a demo account. Thanks to it, you can test the trading platform, see all the analysis tools that are available in the program, make sure that there is or is not slippage.

Take a close look at the financial aspects:

  • the size of the minimum deposit and the rate (whether you can afford them);
  • methods of replenishment and withdrawal of funds (are there any among them that are available to you).

Once you have decided on a binary options broker, register and fund your trading account.

2. Learning to trade binary options.

A successful trader learns throughout his or her career. Start small - training courses that are present with every self-respecting broker. There are also many webinars on the Internet, both paid and free. They are more designed for practice, and this is the most important thing in options trading.

In your free time, read the literature on technical and fundamental analysis, study chart patterns and practice finding them on a live chart, comprehend basic patterns from candlestick analysis, and so on.

Trading is a huge science, and if you decide to make money on binary options as your main income, you will have to work hard. The market doesn't like lazy lazy people!

3. Trading plan and strategy.

In order to consistently make money on binary options, you must have your own trading strategy. You can take it from a large list of ready-made ones on the Internet, or create your own, which will satisfy all the features of your character and trading style.

You should write down a trading plan for yourself, in which you clearly describe the maximum amount of allowable loss per day, a reasonable profit target, after which you can complete the trade and go on a well-deserved rest. And also, the trading time, currency pairs, trading sessions allowed for your strategy. In general, everything from which you should in no case depart under any circumstances.

If you open a terminal, assess the market situation, and understand that the current market situation does not correspond to your strategy, then it is better to postpone trading until tomorrow.

Remember - the market will always give you an opportunity to earn money!

Always keep your emotions to yourself, they are your biggest enemy in trading. Emotions give rise to envy, greed, excitement, despair, which entails a desire to win back. You will eventually drain your deposit. This has already been tested on millions of newbies. The main thing is to learn from their mistakes.

Discipline and perseverance are your true friends. Be cold-blooded, treat both losses and gains the same. Understand that trading is exactly the same tedious job as your office. You also sit at computers for a long time, analyzing the market using indicators, chart patterns and news bulletins.

And the sooner you understand this and get rid of the desire to surf the ocean on your own yacht with a laptop in hand, the sooner you will achieve success.

Be patient, not everything will work out right away. And one more important point - always set yourself realistic and achievable goals. Don't try to make a million overnight, you can never do that. And if you fail to achieve such goals, you will simply be disappointed in yourself, after which you will begin to enter into losing trades, which will eventually lead to a drain on your deposit and disappointment in making money on binary options.

Well, the last important point in the formation of your successful career as a binary options trader is money management.

The golden rule of money management - never bet more than 3-5% at a time from the amount of your deposit. This will protect you from its early drain. There are people who prefer to hit the jackpot and put all their money on the line. As a result, they all merge them in a split second and are left with nothing.

When you deposit funds into a trading account, mentally say goodbye to them. Withdraw only profit from them, now this is your trading turnover, which you should increase as your profit grows. But never shoot.

Summarize

Making money on binary options is quite accessible to each of us; it is possible to learn trading from scratch. The most important thing is to follow all the points described in the article. And then success in the market will not be long in coming!

And this time I will tell you how to make money on binary options for a beginner. But let's start with another question - is it possible to make money here at all? It is certainly possible to make money, but for this you need to fulfill a number of conditions and prepare for the work ahead. If you take a new occupation lightly, then, most likely, you will drain your deposit. However, do not think that the preparation will be difficult, in fact, you should follow only a few rules and spend your time studying all the necessary information.

Many traders followed this path, did everything to their best, and now they can proudly show screenshots of their earnings, which are posted in almost every article of mine. If you want to join them - read this article to the end and follow all my recommendations. First of all, I recommend watching a video about one simple strategy, as well as registering with a broker:

What is the reason for the loss?

I will not be cunning, not everyone makes money on the options exchange, although theoretically everyone can make money. The thing is that some newbies are unconscious about trading, go to the exchange unprepared and, of course, lose money. But this is not the fault of the stock exchange, brokers or anyone else, the trader himself is to blame, because he had the opportunity to earn, which he did not use. Agree, if you come to a new job unprepared, then you will fail, so are options.

The main mistake of beginners is the lack of a trading strategy, and some do not even have a basic understanding of the exchange. Of course, deliberate trading under such circumstances does not work, a person just starts trying to guess, starts playing in a casino, and in a casino, as many know, people lose more money than they earn. But the fact is that binary options are not a casino, and it is quite possible to make money here, moreover, for an ordinary person, but before that, a beginner must prepare, study a trading strategy and choose a reliable broker.

  1. Before trying to do anything at all related to trading and currency exchanges, you should get basic knowledge, because we cannot read before we learn the alphabet. Lacking fundamental information, most of the articles on trading will pass you by because of complex terms and principles that are still incomprehensible. But do not be alarmed, now you no longer have to go through the entire Internet in search of useful information, as I had to do. Knowing the problems of beginners, which are the same both five ago and now, I created, in which I simply and in detail set out everything that a person would need to properly assimilate the material written by experienced traders. I confess that at one time I studied all this for about a month, and you have the opportunity to master the base in less than an hour.

  1. I wouldn’t believe it myself, but it’s a fact: most of all in my articles I say that people should trade according to a strategy, and most of all my readers do not follow this rule. Guys, is it really that difficult? The strategies shown in the table below are not simple, they are elementary, you just need to take the trouble, devote a couple of hours of your time and thoroughly study 3-4 steps of trading, and then apply all this on the exchange. This is the only way to make a profit, otherwise you won't make money on binary options.

The best binary options strategies for beginners!

Strategy By trend Against the trend By selection scale Signals By news Martingale
Difficulty level (1-10) 2 4 3 1 4 1
Recommended deposit 200$+ 250$+ 200$+ 150$+ 300$+ 500$+
Analysis type Technical Technical Psychological Technical Fundamental Technical
Accuracy (number of profitable trades from the total number) 7/10 8/10 7/10 7,5/10 9/10 5/10
Profitability (% of the initial deposit per month) 50% 65% 55% 50% 60% 55%

Why do you need a strategy? The thing is that without a strategy, the options exchange turns into a casino, because you start guessing the direction of the chart, and by strategy you can analyze the market. For beginners, the analysis is quite simple, it boils down to a banal definition of a trend and entering the market at the right time, but, nevertheless, this must be done in order to receive your 50-60% profit per month. Otherwise, I don't see any reason to go to the stock exchange at all, go to a casino, at least get pleasure there, but the effect is still the same.

  1. The third part of the answer to the question "How to make money on binary options for a beginner?" consists in choosing a reliable broker who will fulfill their duties honestly and provide good trading conditions. Personally, I advise four companies to choose from, with which I have traded personally and in whose decency I am completely confident.

The best binary options brokers!

At the moment I trade mainly with a broker, because I think its platform is the most convenient for most strategies. I recommend watching his video review:

  1. If you want to make a lot of money quickly, open trading accounts for at least $ 250, or even more. The thing is that a decent deposit opens up new opportunities. You can use and trade without risk, or apply, which increase the profitability of any TS up to 300%. Agree, more than convincing arguments? Perhaps now this money seems a lot to you, but think about this: on average, a professional is able to double his deposit in less than a month. Suppose you are not a professional, you will make stupid mistakes, you are out of luck. But even under such circumstances, with the use of overclocking and averaging, you will calmly earn about 65% per month. Open an account for $ 300, in a month there will be $ 500, and in a month - all $ 850.

  1. Another important tip - never stop there, improve yourself and your strategy to get even more profit. Of course, most professionals stop at some point when they have earned enough from their point of view, but self-improvement is necessary not only for the sake of money, but also for oneself. I boast a little: I personally trade at the moment with an average profit of 60-70% per month, this is enough for me, but if I wish, I can double the deposit in a few days, and I like it. It is quite possible that, having earned start-up capital on the exchange, you will go into business or engage in professional investments, and all the experience gained during trading will certainly be useful. Many modern American oligarchs began their careers with the stock exchange, rising from the bottom, and then went into big business. It is quite possible that some of you will succeed as well.
  1. Now you can choose any of the trading strategies I have proposed for beginners, but then, over time, try to create your own, more professional, complex and profitable one. No, of course, you can make money like that, but, as for me, it's just a shame for a professional not to have his own work. Now it may seem to you that you will not be able to, that you will not succeed, but the exchange changes a person, and changes for the better. Believe me, in 2 years you will not recognize the previous version of yourself, you will not be able to understand how you did not think of real ideas before. I tell you this from my own experience now, so you can believe it.
  1. If you want to quickly gain experience - communicate with other traders, share your best practices and learn from your colleagues. Trading is not a highly competitive business for you. Here, if someone begins to earn more, your income will not change, and communication is always useful, especially with smart people, new ideas are born, new goals and plans appear. Also, when you reach the level of a professional, share your experience with others, as I am doing now, because the more you help others, the more will come back to you in return. At least that's how it should be in human society.

Where to get information?

As I already said, before, in search of useful information, you would have had to sort through literally bit by bit all the garbage on the Internet, but now, when the PAMM-Trade project has been launched, you can find everything you need on this site. In the tables in the course of this article, you could choose a trading strategy and a broker, read my other articles devoted to a variety of points and subtleties of trading, if you do not have enough motivation, study the success stories of my students in the corresponding section. At the moment, when I write these lines, the site already has almost everything a beginner needs, but if some point is not covered, ask questions in the comments to any article and, if the question was interesting, wait for a new article on your problem.

To the end!

So, how to make money on binary options for a beginner? I think the answer is clear - follow all the tips written above. If you do everything right, you will definitely achieve success, I do not know a single person who has not been able to earn money by following all these recommendations. The only thing - do not be lazy, because now, at the very minute as you finish reading the last lines of this article, your future is being decided. Will you beggar for a meager salary, work "for an uncle" and not be able to afford what you want, or will you succeed and, like me and my students, will become wealthy and respected people? But we have a free country, and I cannot tell you how to live, so the choice, as always, is only yours!

Yours sincerely, Victor Samoilov!

Trading Strategies: TOP 5 Best! Effectiveness has been tested by Bintrader! + Tips from an expert on their application!

Before starting a trade, a trader must decide on a trading strategy. Trade…

Modern technologies have allowed anyone who wants to try themselves as a trader, providing an opportunity to trade on binary options. Many users want to understand how to make money on binary options while minimizing possible risks. There are many strategies and all sorts of rules that help traders predict the movement of the trend, but without a good broker, their chances of success are drastically reduced. Novice traders should try their hand at trading binary options with the support of broker Bintrader, who does not refuse advice even to absolute beginners.

How to start making money now? Just 3 steps!

Step 1. You need to register with a reliable broker by the link >>>

After filling in all the fields, a personal account will be allocated for successful trading! The interface is convenient for both a beginner and a specialist!

Step 2. Choose the most interesting trading strategy for yourself!

Beginners should not choose strategies that involve the use of several indicators, as they can easily get confused when analyzing them. Therefore, it is worth considering the option of simple, proven methods, which we will dwell on in more detail a little later. You can find a complete list of strategies in the ""

Step 3. Replenish the deposit and start trading!

Why is Bintrader recommended for beginners? because the platform gives you the opportunity to start trading from just $ 10! This is a normal amount to decide on a "risky" business and quite enough to start making money on it!

"Is it possible to make money on binary options?" - why don't you still believe ?!

Binary Options - These two words haunt many Internet users. For some it is a reliable, stable form of earnings, for others it is a scam that deprived them of their hard earned money. First, you need to understand one important detail. Binary options are a virtual analogue of the stock exchange, which allows any user to place bets on the increase or decrease in the rate of any type of securities and make money on this.

Quite often, while looking for an answer to the question: "Is it possible to make money on binary options?", You can find angry reviews of novice traders on the Internet, who "drained" their entire deposit in an instant. Indeed, the principle of binary options "all - or nothing" has not been canceled. When buying an option, a trader should be aware that his forecast may turn out to be incorrect, which will lead to a loss of money. But if he wins, he will receive super profit.

Luck plays an important role here, but it's worth remembering about strict rules, discipline, and composure. The main enemy of binaries is excitement. Even people without special education or experience in trading on the stock exchange, who strictly followed the rules of the strategy, became successful traders. Believe me, only a few who trade on the ordinary stock exchange become millionaires, so why should everyone make money on binary options. After all, a similar system works here.

The indisputable advantages of binary options are that any Internet user has a chance to try to earn money as a trader, working at a personal computer. Real professionals do not ask the question: "Is it possible to make money on binary options?"

A kind of capital turnover occurs on binary options. Winnings are paid at the expense of the losers, with the broker providing the opportunity to trade earning the percentage due to him. Whether you are among the winners or losers depends only on yourself. Let's take a look at the most important rules and strategies that will help a beginner figure out how to make money on binary options.

TOP - 4 best strategies for making money on binary options with a small deposit!

Let's take a look at the recommendations of experienced binary options, whose simple methods will show you how to make money for a beginner on binary options. Very often, beginners have no idea how to make money on binary options, so the strategies should be as simple as possible so that the beginner has time to follow the situation in the stock market.

The most informative is the Japanese candlestick chart, which shows in detail the price movement for the selected period of time. The body of the Japanese candlestick shows the price range at the beginning and the end of trading, and the shadows inform how much the price has risen or decreased over a given time.

Strategy "Casino Principle" - go for broke and earn!

A person who does not understand binary options at all can also earn money using the Martingale method, known to casino gamblers. This method is almost a win-win, but it requires a fairly large deposit, since after each unsuccessful bet, the next bet must be doubled. If you have $ 500 on your account, then you can risk using this strategy. This method shows good results in the presence of an upward or downward trend. If there is a sideways trend, then the trader runs the risk of completely dumping his entire deposit.

Since the profitability of binary options is on average 180%, the Matringale method has undergone some changes, so for the return on investment, each subsequent transaction amount after an unsuccessful purchase of options should be multiplied by a factor of 2.5. For example, there is an uptrend, you are betting on an upward trend (in USD):

  • 1 - the bet is losing;
  • 3 - the bet loses;
  • 8 - loss;
  • 20 - again failure;
  • 50 - failure follows you;
  • 125 - it seems that luck has turned away from you;
  • 313 is a long-awaited win.

With an average profitability of 80%, the last bet will fund your account with $ 563. The total of the seven bets is $ 520. Thus, the net profit will be $ 43. Not bad, considering the fact that the timeframe for these options can be 60 seconds. That is, in 7 minutes you can earn $ 43. Now you know how to make money on binary options with a sufficient amount of money in the account.

But not everyone has the opportunity to deposit $ 520 into the account, and even constantly risk all the money, because the nerves are not iron. And if the seventh bet turns out to be a losing one, then an additional $ 783 will be required, and this is a rather large amount for a beginner.

Strategy "Pinocchio" or "Pinocchio"

Among stock traders it is known under the name "Pinocchio", in binary options it is usually called "Pinocchio". This method of earning money is quite simple and effective, the main thing is to recognize the "Buratino's nose" in time. Many beginners who want to learn how to make money on binary options successfully use Pinocchio in trading, since this method does not require studying additional indicators, it is enough to have a Japanese candlestick chart with the ability to switch the timeframe.

If you see a candlestick with a short body and a long upper shadow appearing on an uptrend, then this is a clear signal that the trend will change to a downtrend. Quite the opposite happens when a short candlestick with a long lower shadow appears against the background of a downtrend, it can be assumed that the trend will change to an upward one. Trades must be entered into after the next candle appears, which will confirm the trend reversal.

The main rule of "Pinocchio" states that at least five candles should appear on the chart during the opening of a deal. According to statistics, with the correct definition of the signal according to the Buratino strategy, about 85% of transactions ended successfully.

Trend reversal strategy

It should be understood that the cost of an option is directly related to the demand for it. When the price drops to the minimum limit, exchange traders begin to actively buy, while demand gives rise to an increase in price. When the maximum price of lots is reached, traders rush to sell, and the difference in value is their hard earned profit. It follows from the above that the price cannot fall or rise for an infinitely long time, therefore, at a certain moment, a trend reversal must occur. These trend reversals formed the basis of this binary options strategy.

Let's take a closer look at how to make money on binary options using Trend Reversal. If “bullish” candlesticks are observed on the chart for a long time, then we can expect that a “bearish” candlestick will appear soon, which will go beyond the boundaries of the previous “bullish” one. This is a good signal to buy a short option. If a similar situation is observed on a downtrend chart, and the “bearish” candlestick is replaced by a “bullish” one with a long body, then this indicates an imminent reversal of the uptrend, and therefore, you can make an appropriate bet. Some binaries using this strategy can wait for a trend reversal all day, then make the highest possible bets, earning decent money.

Triple touch strategy

Another easy way to make fairly accurate price movement predictions. It is commonly called the "Triple Touch" strategy. The principle of the method is quite simple. In an uptrend, it is necessary to draw a line, the points of which will be two minimum price values ​​of the uptrend. As a rule, the price bounces like a ball from this line, and after the third bounce, you can bet on the price increase. It is not recommended to place bets until the third touch of the price chart with a conventional line.

They act similarly in a downtrend, only a conditional line is drawn through two points of the maximum price, after the third contact and a rebound of the chart from the line, a bet is made on a decrease in price. This method is very popular not only among beginners, but also among experienced traders.

So, even though the TOP - 4 of the best and simplest strategies for a beginner was described in a fairly simple language, it is still difficult to visually perceive the information as it is necessary the first time.

We offer you to listen to and view valuable material on the channel again.YouTube at the following link >>> "Channel Bintrader"

How to make money on binary options without risk? 5 little secrets!

Very often, novice binaries ask themselves how to make money on binary options without risk. In any case, earning on binary options, you will have to risk your capital, but at the same time you have an excellent chance to become a rich, successful person. Observing a few basic rules, you can minimize risks, multiply your capital several times, consistently making money on binary options.

The rules stipulating how to make money on binary options without risk are quite simple, and every disciplined trader must follow them in order not to be left with nothing.

  1. You should not rush to enter the market without its comprehensive, detailed analysis. It is best to enter into trades when there are reliable signals that imply a high level of success. You should trade only on those assets, the further movement of which you are able to predict.
  2. You should not conclude one deal for a large amount, because if your forecast turns out to be wrong, then you risk immediately losing money. It is much more profitable to make several minimum bets, then the winnings can compensate for transactions with an erroneous forecast.
  3. The unwritten rule of money management states that you cannot risk more than half of the deposit. If your deposit amount is $ 20, then the maximum risk amount should not exceed $ 10. This principle has helped many traders to preserve their capital, as well as earn good money.
  4. It is necessary to choose a reliable, trusted broker that provides the opportunity to close unsuccessful deals ahead of time, thereby reducing losses.

  1. The strategy based on the Martingale method also allows you to minimize risks. Its only drawback is the presence of a large deposit, which could provide a sixfold increase in the price of the original bet with a coefficient of 2.5.

Conclusion

We hope that the article will help you understand how to make money on binary options, add enthusiasm to those who want to make money on binary options, because the securities market obeys certain rules, analyzing which, you can most likely predict how the price will behave in the near future. We have considered just a few of the simplest rules that will help you at the initial stage to preserve your capital, and maybe even increase it. There are also a large number of more complex and more accurate techniques for binary options using a variety of indicators, but they are used by professionals with vast experience.

Risk warning

The client understands that trading on the Forex market is associated with high risks, and realizes the likelihood of very significant losses from trading operations. Before embarking on a trading activity, it is recommended that you conduct a thorough analysis of your financial situation. The Client understands that there is a risk of losing the entire deposit in the course of trading operations on the market.

The Client agrees that the Company is not responsible for the Client's losses caused directly or indirectly by government restrictions, market rules, suspension of trading, military action or other "force majeure" circumstances beyond the control of the Company.

The Client is aware of possible additional risks associated with the operation of electronic trading systems, as well as problems with Internet communication.

Is it possible to make money on binary options without investments? What earning strategies are suitable for beginners? What is the best way to trade and where to start?

Hello, dear readers of the HeterBober.ru business magazine! With you Alexander Berezhnov, one of the founders of the site HiterBober.ru.

In this article we will talk about investments, or rather about a very profitable and interesting financial instrument - binary options.

Now people have a great opportunity to make money in the financial markets without leaving their homes.

Students and retirees, businessmen and employees gamble on the stock exchanges and derive a decent income from this occupation.

Most people start from scratch and only succeed here after a while.

Do you also want to be one of them? Then sit back and read the article to the end!

1. Binary options - is it possible to make money on them

The development of the world's financial markets is taking huge strides, technology, of course, also does not stand still.

New and new trading instruments appear. Along with the now classic options, binary derivatives * appeared, which also became no less popular than trading on the Forex market.

You can learn more about what Forex is and whether you can make money on it in.

Derivative Is a type of financial contract under which the parties have the right or undertake obligations to perform certain actions with the underlying asset.

The underlying asset is understood as securities, commodities, currency.

First of all, the use of binary options is an opportunity to make a profit by trading in various markets of the world through a broker *.

Broker- a specialized company (legal entity) that carries out transactions in financial markets on behalf of a client, since individuals, according to the law, cannot play on exchanges on their own.

The point of binary options is not the purchase of an asset (stock, currency, commodity), but the purchase of a special contract that has a specific expiration date. All operations are carried out via the Internet.

There are several types of binary options (derivatives):

  1. 60 seconds... It is a kind of a standard option with an expiration time * one minute. Quite a popular option type among scalpers * and short-term *. Due to the high level of unpredictability, this type of option is not recommended for beginners.

    Expiration- expiration of the contract (option).
    Scalper- a stock speculator (trader) who plays on minor fluctuations in the price of an asset, trying to make money on every minimum price movement.
    Short term(day trader) - a speculator who trades on the stock exchange, usually with an open position time of 1 to 3 days.

  2. Digital option... The classic type of derivative, which involves making a forecast where the price will be in a certain time interval: above or below the current level.
  3. One touch. The option is characterized by a fairly high level of profitability (within 400%).
  4. Range... The principle of operation is simple, whether the price stays within the specified price range or not. If it remains, the trader makes a profit.

Complex Binary Options:

  1. Constructor(OptionsBuilder). Allows you to fix the ratio of profit / loss;
  2. Black dragon(Pro Options). It is a professional type of options that gives a trader the opportunity to exit the market at any required time, regardless of the expiration period. An excellent tool when using a position hedging strategy.

2. A real example of the profitability of the binary options market

The example uses the classic Up-Down option. The chart shows that the US dollar rate against the European currency is constantly changing.

The trader, having previously familiarized himself with the trading situation, makes a forecast, on the basis of which, in ten minutes, the US dollar rate will fall and be lower than its current level.

An option is bought with a value of $ 1000 with the calculation of a decrease in the price of an asset.

If the forecast turned out to be correct, and the dollar rate fell, the broker pays the trader, on average, 70% of the profit (or more) of the set amount, the transaction invested.

In the end, investing only $ 1000, you can earn 700 dollars Total in 10 minutes trade.

This example clearly shows what a trader does in order to successfully play in the financial market. Although, without risk, it is definitely not possible to earn such amounts every time. This is a warning for those who still have rose-colored glasses.

How to learn how to truly profitably trade binary options will be discussed in the article.

3. Trading binary options - where to start and what to look for

Following these rules, your probability of making a profit will increase many times, and the risk of getting a loss will decrease, so go ahead, friends, to the heights of stock trading!

Try it, because as you know:

Those who do not take risks do not earn on the exchange :)

Step 1. Choosing a broker for trading

Before starting a trade, a trader should choose the broker that is most suitable for him.

The brokers of the binary options market is quite diverse, there are both reliable companies and not so reliable ones.

The most important thing is to follow simple rules and make the right choice.

How to choose a binary options broker:

  • the broker must work for at least one year;
  • have permissive licenses and certificates;
  • to have good customer service and a clear interface of the trading terminal (programs for making deals).

When choosing a brokerage company, be sure to pay attention to customer support, as well as to the possibility of opening a minimum deposit.

The broker meets all these criteria.

Olymp Trade Is a reliable broker licensed by the Russian regulator CROFR, and is also a member of the international Financial Commission. This is a confirmation of the high quality of services, and guarantees each trader deposit insurance, comprehensive support and prompt resolution of all emerging issues.

The company won the Fastest Growing Broker 2016 nomination in the Binary Options category according to ShowFX World.

International experts have assessed a qualitative leap in the development of the Olymp Trade trading service in 2016. For example, payments to traders have grown 9 times compared to 2015, the number of assets has doubled and new functions have appeared on the platform.

It is convenient that a novice trader can order a free call from the Olymp Trade manager. A personal manager will tell the trader about trading strategies and answer questions.

In some cases, you can find brokers who give you the opportunity to try yourself in the binary options market without investment.

In order not to invest money and just try yourself as a trader, just open a demo account and practice trading on it.

Watch this short video on how to make money on binary options with Olymp Trade:

Step 2. Opening an account

We open a trading account with one of the binary options broker companies.

To do this, you need to enter:

  • First Name Last Name;
  • e-mail;
  • Password;
  • Phone number.

You will also need to indicate your country and accept the terms of work with the broker.

After completing the registration procedure, you can open a trading account without any problems.

Step 3. We go through training on a demo account

Before starting trading with your own money, you should definitely test your knowledge and the chosen trading strategy on a demo account.

Such an approach will make it possible not only to test yourself and protect yourself from unpredictable losses, but also to correct the used algorithm (trading strategy).

It should be noted that even many professional traders often use a demo account to test new trading systems they have developed.

One of the distinguishing features of terminals for trading binary derivatives is simplicity and convenience, which is perfectly combined with speed and technical skills.

On the left side there are available assets, which, by the way, can be adjusted using a filter, leaving only the most needed ones.

In the right corner of the terminal there is a price chart, which is simply irreplaceable for charting strategies. All information about completed transactions is located immediately below the graphical display of the price.

The preparatory stage for the start of your binary options trading has come to an end. By the way, approximately the same sequence of actions awaits you if you are going to trade in Forex or the stock market.

And if you consider exchange trading as one of the ways to make money (and not the easiest one), we recommend that you familiarize yourself with our article "".

4. Trading strategies - what to choose for a beginner to trade binary options

All trading algorithms existing today are divided into several large categories, which differ from each other in the basic principles of making trading decisions by a trader:

  • simple strategies;
  • indicator algorithms;
  • graphic trading systems.

For a more precise understanding, let's consider them in more detail.


Simple strategies

Simple trading algorithms are a collection of basic tools that take into account key market analysis.

They are built on the fundamental principles of pricing, and therefore relieve the trader from the need to establish additional analysis systems. Among the most popular are:

  • rapid daily breakout;
  • strangle;
  • strategy 60 seconds;
  • trend reversal at the top or bottom of the chart.

All of these strategies were primarily created for novice traders. They are simple and convenient in practice, and also do not require a significant amount of knowledge.

An excellent option for a profitable start on binary options.

Indicator strategies

The basis for concluding a deal according to these strategies is the signal given by the technical indicator.

The most common are the following indicator strategies:

  • ChinkouSpan;
  • exact entry;
  • RSI index;
  • Ichimoku cloud;
  • divergence MACD.

Almost every novice trader gives his preference to indicator systems, in view of the erroneous opinion that such trading is quite simple.

In reality, everything is done differently.

In order to trade profitably using indicators and oscillators, you need to have significant experience in making real deals, as well as to be well versed in the sequence of operation of a particular instrument (technical indicator).

Graphical Trading Systems

Graphing strategies for trading in the derivatives market are based on careful analysis of the price chart.

Here the trader's task is to recognize in time the emerging graphic pattern (the figure that the price draws on the chart), and use the latter in time for the benefit of his trading account.

Quite a lot of chart patterns are now known, but the most tried and tested are: Head and Shoulders, Pennant, Wedge, Doji and Three Indians.

All these schemes will help you make more profit here.

5. Trading on a real account

Before starting trading with real money, you should know that no trading strategy will make a trader rich if he does not want to.

In other words, it doesn't matter how many indicators the corresponding professional speculator's algorithm includes.

Their only goal is to catch the trend, and this is where every newbie should start.

But before proceeding to the analysis of the strategy, let's clarify what a trend is *.

Trend- unidirectional price movement, in which each next high and low of the quote exceeds the previous one.

Downtrend in reverse order

The main point of trend trading is to buy cheaper and sell more expensive, or vice versa, when trading on a decline in price.

Algorithm of actions when trading with a trend:

1. First, you need to determine the general direction of the trend, it is up or down;

2. We expect price correction to the lower resistance level of the price channel (in case of an uptrend);

3. After the price touched the lower level and pushed off from it, you can enter the market with the expectation that the quote will rise even higher. Hence, the classic Call option contract is bought.

If the work is going down, the “Put” contract is bought.

Example of a deal:

We must not forget that the strategy of following the trend in the financial markets works especially well over long time intervals - from several days to several months.

The logical continuation of binary options trading on real is money management in the financial markets, below we talked about the basic rules of risk and capital management for novice traders so that you avoid critical losses on your trading account.

6. Capital management (risk management)

One of the conditions for stable and profitable trading in the market is money management. No matter how profitable a trading strategy is, it cannot guarantee 100% profitability on every new trade (deal).

Know that you cannot trade without risk at all, it is always there!

The market is constantly changing, and therefore careless, aggressive and sometimes emotional trading can actually nullify previous successes with just one unprofitable trade. To prevent this from happening, the following rules must be followed:

  • invest in one deal no more than 30% of the total size of the trading account;
  • risk no more than 5% of the invested funds (per one transaction order);
  • never try to recoup, it is better to rest a little after a losing trade, as well as a little distraction;
  • conclude at the initial stage no more than 3 deals per one trading session.

Following these rules will help you effectively protect your account from possible severe drawdowns.

7. Conclusion

Dear friends, summing up the review of binary options trading, we can conclude that earnings here are absolutely real, and in some cases it is even more than in Forex or when trading stocks on the stock exchange.

The main thing is to adhere to a number of simple rules:

  • strict adherence to a trading strategy;
  • strict compliance with the requirements of money management and trading risks;
  • avoidance of emotional trading and attempts to "recoup" when losses occur.

And, of course, one must never forget to improve, including in the financial market, which, as you know, is unstable and always brings unexpected surprises.

It is difficult to make money on derivatives without investments, you still need money to start making a profit here.

The only exception applies to experienced traders who can take someone else's capital into trust * and receive a percentage of the profits that he earns by trading with borrowed funds of his investor.

Trust asset management Is a form of commercial interaction between a manager (in our case, a trader) and an investor (a person who gives money for management).

At the same time, the trader receives a percentage of the successful management of the investor's account, but the investor bears the risks of losses, as he expects to receive a higher percentage of the invested capital than can be given by conservative investment instruments, for example, a bank deposit.

Binary options trading is one of the many ways to make money online.

If you are interested in the topic of making money online, be sure to study our article "". The information in this article will expand your knowledge of ways to make money using the World Wide Web.

And for beginners who begin to comprehend the basics of stock trading from scratch, we strongly recommend not to rush and not to trade options for the last money.

Friends, if you are still interested in the question, is it possible to trade without risk at all?

Answer: 100% no!

This video clearly demonstrates a successful exchange game with a broker.

We wish you profitable transactions in the financial markets!

If you liked the material, put your likes at the end of the article and leave your comments on the topic.