If it is true that more and more people are using online trading to round off their salaries, the market itself owes a lot to the internet and the traders themselves. The reasons why this market attracts more and more attention are that the costs for commissions are very low, not to mention the ease and speed in being able to meet certain economic dynamics (especially for a class of non-specialist people).
Anyone who is familiar with the financial sector knows the great usefulness of binary options in online trading, but to make a profit, you need to use them correctly, and therefore you need to be aware of the right strategies.
The first rule, golden, is also the most obvious: never dive into investments without having first studied some winning moves or having had certain guarantees. This is because the risk of losing large sums of money in a very short time is very high. Also, be careful to read and trust any type of forum or online news. In this case you risk falling into the trap of amateurism or scams, and therefore you must have great accuracy on the sources consulted or to be consulted.
Binary options are good for beginners: this is because they are based on a bet; if your prediction is correct you will win, otherwise you will lose out when you bet, nothing more. This will help you to limit the damage (at least at the beginning).
Three things must always be monitored:
The perfect combination of these three elements will lead to that economic return that you so desire when you decide to invest in the financial market.
There are many operational signal services and they can operate in different ways:
The ideal solution to use signals for binary options is the third one, which is linked to the various brokers and it is the broker himself who will provide some important signals for the investment, this service is integrated into the trading platform.
How can I tell if the service that provides you with alerts is a good service? If the alerts correspond to market trends and you can earn a lot of money. It must be said, however, that no service is 100% safe; those who promise absolute certainties are cheating you, so be careful.
The providers of these services are almost exclusively for a fee. Prices vary enormously in the matter: some go so far as to require up to 1,000 euros per month for the subscription. The advice is of course to take advantage of these expensive services only if you earn at least 5-6000 euros per month, otherwise you are looking for something less reliable but cheaper.
Before proposing you 3 tools for the protection of your investment positions, it is good to make a small recap of all the advanced methodologies or not that can help us in the choice of securities or sectors to buy and sell. Among the most well-known are the following.
Once you have chosen the type of analysis that suits you best, and after an in-depth study, you will finally be ready to make your investment decisions. Before continuing, it is important to underline that what we are about to summarize is abundantly illustrated (with lots of graphs and tricks) on the jobtrading.it website. The first tool to know and apply immediately after entering position is the Stop Loss.
As can be seen from the name itself, it is an automatic order placed on the platform with which we operate that closes the position even without us being in front of the computer. If we enter Long it will be placed below the price, if we enter short above. At the opposite end of the spectrum is Take Profit. In the case of a purchase will go therefore position above price, while for a sale below. It is also an automatic order to be placed that closes the position once the price of the underlying financial instrument has reached our Target Price bringing us to gain. Finally, many brokers also provide a third tool, an evolution of the Stop Loss: The Trailing Stop.
The functions and characteristics of the latter are the same as those of the Stop Loss with the addition of the "Trailing" element. In fact, the Trailing Stop is automatically updated following the price movements. To be precise: if the price rises, the trailing follows it; if the price falls, the trailing blocks itself. This reduces the risk even further.
This short guide will quickly show you the advantages and disadvantages that a trader who wants to understand how to successfully invest in the forex market, or in binary options, must take into account.
The Macd (Moving Average Convergence/Divergence) is an indicator designed by Gerald Appel. This is a delayed indicator, convergence divergence of moving averages, as it is constructed with moving averages; for the same reason its use is more indicated in trend phases.
In this technique with a 30-minute binary options maturity, the Bollinger Bands are used, an essential tool to understand whether the market is in the lateral phase or not.