Binary Option Trading Systems
It doesn’t matter how many accurate signals or trend predictions a trader gets right if they don’t have a reliable system with which to place their binary options trades. Over the years, many expert analysts have worked hard to try and figure out accurate and reliable trading systems to help put investor’s minds at ease and to also help make them more profitable at the same time. Although finding a winning system is rare, they are out there and really are a game changer when it comes to making consistent profit on binary options trading.
These successful strategies are so good they even work when using automated trading software and one of the best of these software products is the Binary Option Robot. Not only is the Binary Option Robot able to be traded on four different binary option brokers like Banc de Binary, but it features automatic trades that are placed by using one of three successful trading systems choices. Combined with some good strategy and analysis, it’s a proven way to profit on binary options trading on a consistent basis.
Here is a brief overview of the three trading systems that the Binary Option Robot can make use of:
- The Classic System – This is the most basic and standardized of the three systems. It simply uses the same dollar amount for each trade that the Binary Option Robot places regardless if the preceding trade the robot made was a winning or losing one.
- The Martingale System – Long regarded as the best of the Binary Option Robot’s three possible trading systems, this is a variable trading system. After any unsuccessful trade that the Binary Option Robot makes, it will increase the previous trading amount and if the previous trade was successful, it will lower the trading amount the next time it places a trade.
- The Fibonacci System – This is the exact opposite of the Martingale system. If using this system, the Binary Option Robot will decrease trading amounts after a losing trade and increase trading amounts after a successful trade.
No matter which system the user chooses to have the Binary Option Robot use in placing its trades, they are all proven to be highly effective. The Binary Option Robot is also one of the only truly 100% automated trading software programs and it is recommended for use by both novice and expert traders alike.
References and Further Reading:
1. News announcements, market activity and volatility in the euro/dollar foreign exchange market (L Bauwens, WB Omrane, P Giot – 2005)
2. FOREX prediction using an artificial intelligence system (JH Gould – 2004)
3. The foreign exchange market: Not as liquid as you may think (L Mancini, A Ranaldo, J Wrampelmeyer – 2012)
4. Indian forex market: Revisited through Hurst exponent and Technical analysis (M Karamchandani, S Jain – 2013)
5. Central Bank forex interventions assessed using realized moments (M Beine, S Laurent, FC Palm – 2009)
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