Free Binary Options
There is a reason that binary option trading has become so popular these days. It is easy to understand and it’s done on a lot shorter time frame than other types of market trading. Binary option trading is also one of the only ways you can be successful trading when the market is trending in either direction.
Most of the better online brokers will also help the trader to be able to take advantage of automated trading software. This type of software detects key trading signals that are within the range of the trader’s parameters that they programmed into the software; once the auto trader detects the proper signal, it then automatically makes the trade.
Binary option automated trading software can be downloaded right on the user’s computer or mobile device. Once the software has been downloaded, the next step is to sign up for one of the online brokerage sites that the software is compatible with. Once money is then deposited into the account, the trading software can then be used to start automatically placing trades.
One of the better automated trading software programs is the Binary Option Robot; it is a rare 100% truly automated trading software program. One of the first things that will jump out at the trader that uses the Binary Option Robot is how simple it is to use. It has also been known to return profits of over 80% on the successful trades it places.
It can be used by beginner and veteran traders alike. It is compatible with Mac driven PC’s, Windows driven PC’s and most mobile devices and tablets. It knows how to take advantage of the key signals that take place in the market. It also can make use of one of three highly successful trading systems as it automatically places trades.
It is a software program that acts as a market watchdog 24/7, unlike a human analyst that needs to sleep. Once key trading signals tell it to place a trade, it even knows whether to place a PUT or CALL option on the trade.
The only catch to using the Binary Option Robot is that you cannot use it with your existing binary option trading account, it has to be synchronized to work with a new account. But creating a new account is a very simple process in most cases.
References and Further Reading:
1. Multivariate FOREX forecasting using artificial neural networks (WS Gan, KH Ng – 1995)
2. Making money in Forex: trade like a pro without giving up your day job (R O’Keefe – 2010)
3. The Complete Idiot’s Guide to Foreign Currency Trading (G Tilkin, L Epstein – 2011)
4. Trading asian currencies (C Ho, G Ma, RN McCauley – 2005)
5. Exchange rate analysis with point & figure charts (FW Tölke, AG Commerzbank – 1992)
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