Why You Should Keep a Trading Journal

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Talk to any trader, and we can bet that they are searching for the holy grail of success. Seasoned traders have grown to figure out that there isn’t a holy grail or secret, so to speak. A successful trader plans and knows which tools are best suited for the job.

A trading journal happens to be the most powerful tool in any trader’s arsenal. It can help a good trader become better. A journal, as you might have already guessed, is a written record of what is happening during a given trading day. You should add essential factors like the day’s market conditions, sizes of each trade, prices, expiration times, success rate, and your own emotions. Make sure to customize the journal entries so that they fit your style of trading.

Sure, some people may balk at the thought of keeping a trading journal because, after all, it is tedious. That said, recording your trades will help to keep you consistent and accountable, which means disciplined, and that is what pays off in the long-run. Let’s look into other reasons why a trading journal can make you a successful trader.

Helps You Identify Market Patterns and Trends

You can use the notes to analyze which of your trading strategies are working and which aren’t. You should take note of the various charts you’re using, also the patterns you’re watching as well as how various events are impacting your trading abilities. What this will do is help recognize the mistakes you might be making, which are costing you a lot of money.

For instance, you’d probably come to the realization that you’re exiting trades too hastily which is costing you money. You could also be setting the wrong limits and also in the wrong places. You could also be falling victim to incorrect signals. So, primarily a journal will help prevent you from repeating those mistakes.

Trading JournalHone Your Trading Technique

When you have a detailed record of all the past trades, it allows you to identify weaknesses. Remarking about how you feel each day is a good idea because it can help you realize if your decisions are driven by emotion, which is hurting the trade. A journal will reveal what type of trader you are and what needs to be focused on to improve your skills.

Keep an Eye on Progress

If you have been a trader for a very long time, it can be hard to gauge success. When you write down everything, i.e. your goals, it helps you keep things on track. It also helps to keep you motivated and inspired by looking back at where you started from and how far you’ve come. Not to mention that having a trading journal will help you keep an eye on your growth as a trader, which in turn will instill more confidence.

As you can see, there are numerous advantages to having a trading journal. However, these are just the tip of the iceberg. Keeping a trading journal does not have to be tedious, it is up to you how it is made fun so as long as you keep track of all the useful stuff. So, what are you waiting for? The time to start keeping a journal is right now.

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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Great IQ Option Platform Features

Are There Any IQoption Complaints?

IQoptionA professional trader needs to be attentive, alert, have a strategy and knowledge, all of which are crucial to them being able to make lucrative trades. That said it is just as essential to be a pro when it comes to understanding and leveraging all the features of a platform. Just about any trader will tell you that knowing how to make the most out of the tools at your disposal has a mega impact on the outcome and allows more control. That’s why we’ll examine just how well you know the platform with our quick checklist below.

Here are a couple of features we are pretty sure you might have missed.

1. Use balance

Now, this feature enables you to keep a position open. So, you can keep the deal open even after it has gone beyond the otherwise autoclose level. The feature is of particular importance for a trader who might have run out of money for the deal but believes that the price may soon be reversed and their trade will be in the green. Enabling this option allows them to hold on to the trade. The deal is maintained by using up funds from the balance if it happens to go in the opposite direction. If the price as expected by the trader goes in the right direction, the funds which are deducted from the balance are returned.

Purchase Options IQ2. Trailing stop

Using this feature, traders are able to secure a given amount in profit and absorb a certain amount of loss once a trade is in the green. Once a Stop Loss level is set it then follows that price of the asset if it goes in the direction you want it. However, if the price goes in the opposite direction of what is predicted it will not move. For instance if you are a forex trader who just purchased the EUR/USD currency pair and predict that the price will rise and you set a Trailing Stop Loss of just 50%. So, if the currency pair price rises so will the Stop Loss Level, in the desired direction.

3. Purchase At

Using these feature traders can execute a trade but with conditions that are favorable to them as a pending order. The feature can be used by setting the investment amount, the Stop Loss, Take Profit levels and the multiplier. After all of these are set, then just set the price of the asset for which you want to open a position and then decide the position you are opening. You can choose a short or a long position and click on either the Sell or the Buy button as required.

Once you have followed these steps a confirmation will be shown that your order is now created. Once the asset reaches the level you predicted, that will trigger the order, and a deal is automatically opened.

4. Market analysis

Staying on top of the latest market trends does not require that you leave your desk or even the trade room. You can practically become an analysis professional by finding information about the very best assets, glance at updated forex and crypto calendars while using all of that information to forecast a winning trade. No longer do you need to open multiple tabs as now you have all the required information at your disposal allowing you to open a trade and choose an asset within seconds with the click of your mouse. So, now you have everything needed in one place with indicators and fundamental analysis all tied up into one package.

You are more than welcome to take these features for a spin. We are pretty sure they will become a valuable addition to your trading arsenal.

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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IQ Option Introduces Price Alerts, New Cannabis Assets and Lyft Stock

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We have exciting news for everyone, which starts with the fact that IQ Option has introduced price alerts, added Lyft stock, and seven new cannabis assets. So, for people who want to stay updated of the latest price movements or would like to watch as their cannabis stocks rise, the platform has you covered. But that’s not all we learned.

In a bid to continue being the top award-winning broker, IQ Option has always strived to stay on top of the trading industry by offering traders the ultimate experience.

Do you want to know the best price at which to trade an asset? Knowing when to act is the most important aspect of being a successful trader regardless of whether it is to buy or sell. But the challenge is knowing when the asset has hit its threshold price.

The price alerts feature allows traders to choose when they are notified about the assets reaching a certain pricing or rate. So, you don’t need to constantly and manually monitor the financial news or always keep an eye on the trends as you’re alerted automatically. Nobody wants to spend their time looking at charts, especially when they have multiple assets to monitor, which is why this feature is so handy.

Using price alerts traders can track multiple assets at the same time. They will also receive an automatic notification when the asset they are tracking has reached a certain price. The feature is easy to use, just select an asset and click the Create Alert button, then set the price at which you would like to be notified.

The Addition of Cannabis Assets, 1 ETF and 6 Stocks

Cannabis is being gradually legalized in many countries across the world, and so it is fair that the product be turned into an opportunity for online traders. IQ Option has been very shrewd in this regard by adding seven new cannabis assets to the trading platform in the form of 1 ETF and 6 stocks.

You can now trade the following cannabis assets via the IQ Option platform:

  • Anheuser-Busch Inbev-Spn Adr
  • Canopy Growth Corp
  • GW Pharmaceuticals – Adr
  • Aurora Cannabis Inc
  • Tilray Inc-Class 2 Common
  • Cronos Group Inc
  • Etfmg Alternative Harvest

Lyft LogoIf you are a trader, we would strongly advise that you pick up a few cannabis stocks via IQ Option.

The New Stock: Lyft

Lyft recently went public, and IQ Option has finally introduced its stock to the platform.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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IQ Option Introduces Brand-New Digital Options Assets and Indicators

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IQ Option has started the new year with a bang! Offering four new digital options for assets in addition to 20 indicators that are now part of the growing platform. The service has reiterated and affirmed to users across the world that they offer the best trading experience and are committed to ensuring that is what their users get. That means you can continue to expect new updates catering to investors of all types.

We have listed all their new additions below.

The Introduction of 4 New Digital Assets

IQ Option continues to pay very close attention to all the recent trends, and because of the growing popularity of digital options, they have added four new assets to the platform. Now traders can trade crude oil, WTI, silver, and gold in addition to everything else that was previously available.

Now if you’re not up to date on all the recent buzz surrounding digital options and are wondering what all this fuss is all about then hear this: Traders stand to make 900% in profit each time they successfully trade digital options successfully, with a 1 to 5-minute expiration duration. You also have the possibility to sell before the trade has expired. That’s why these assets were well received with traders now having four extra options from which to choose.

The Addition of 20 New Indicators

Now, this is a major addition to an already large platform. Traders have the ability to make the most out of the trades, which will significantly improve their profitability by improving technical analysis.

Indicators for Automated Binary SignalsIQ Option Indicators

Anyone who has used indicators also knows that there are several categories. IQ Options has made a couple of additions to each category of indicator.

We have listed all the new indicators which are now available in their respective category.

Trend

  • Mass Index
  • McGinley Dynamic
  • Aroon

Volume

  • Net Volume
  • Weis Wave Volume
  • Volume Oscillator

Volatility

Momentum

  • Balance of Power
  • True Strength Index
  • Center of Gravity
  • Aroon Oscillator
  • Williams’ Percent Range
  • Woodies CCI
  • Klinger Oscillator

Moving Averages

  • Kaufman’s Adaptive Moving Average
  • Least Squares Moving Average
  • Arnaud Legoux Moving Average
  • Rainbow Moving Average

Other

  • Chande Kroll Stop
  • Coppock Curve

IQ Option’s above-mentioned additions to the platform come with the promise of adding more in the near future. The company has continued to prove the reason for their popularity and why traders consider them one of the leading brokers.

We strongly advise that you keep an eye out for more updates and posts on our website so that you are the first to know about the latest changes to the IQ Option Platform. If you’re still not using the IQ Option platform, we suggest that you get started now that things are hot and heating up!

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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IQ Option Adds 12 All-New FX Options, 2 Trading Tools and Technical Indicators

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IQ Option has updated their platform, by adding 12 brand-new FX Options assets, 2 new trading tools and expanding their indicator collection to a total of 79 indicators. The award-winning broker proves to be on top of their game once again, by paying close attention to customers’ trading favorites and interests to truly offer them the “ultimate trading experience”.

Check out details of all recent additions below.

IQ Option has added the following FX Options assets to their infamous platform:

  • Gold
  • Silver
  • Crude Oil Brent
  • Crude Oil WTI
  • GER 30
  • SP 35
  • FR 40
  • UK 100
  • US 30
  • US 100
  • US 500
  • NZD/USD

FX Options are a new way to trade forex that has proven to be increasingly popular among investors due to their unlimited return potential. Worried about losses? With FX Options, you can only lose as much as you invest in the deal, whereas the amount you can gain is unlimited.

With attractive features like a 1-hour expiration time, the ability to both adjust your strike price and close a position before it reaches maturity, FX Options are all that’s “hot” right now at IQ Option. The minimum investment amount to start trading FX Options is €25 or $30. To find out all you need to know about trading FX Options and how they work, read IQ Option’s FX Options blog post.

Asset Profile and Market Analysis

Besides the assets outlined above, IQ Option has added 2 brand-new tools to their platform: Asset profile and Market Analysis.

Asset profile, originally known as Assets section has now become an extra feature on the IQ Option platform. Similar to the section on the website, Asset profile shows an overview of any given asset, along with its real-time trading conditions. All traders can gain access to this new feature by simply clicking on the info button highlighted right below.

IQ Option new tools

The second tool added to the IQ Option platform is Market Analysis. This tool gives investors a clear view of the financial market, including all the latest news from only trusted sources that are conveniently sorted within the following categories:

  • Forex calendar
  • Smart newsfeed
  • Earnings calendar
  • Crypto calendar

Now, thanks to these brand-new features, traders can receive and be aware of all the latest market opportunities without even leaving the IQ Option platform. Convenience is key when it comes to IQ Option.

Technical Indicators

Last but not least, IQ Option has expanded their indicator collection by adding even more technical indicators to their platform. Investors will now have a total of 79 indicators to use.

With all these exciting new additions, what’s not to love about IQ Option?

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

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5 Interesting Currency Pairs to Look into in January

is-iq-option-a-scam

What currency pairs are favorites to be traded in 2019? It is a very common question and to answer that we’ve put together a list of five exciting currency pairs to watch out for in January 2019. If anything you’ll want to closely watch these currency pairs starting at the beginning of the new year. Plus in this article, we’ll discuss the reasons for choosing these currency pairs.

Many if not most of these currency pairs are part of the highest traded currencies in the forex industry. But there are other reasons why you should be looking at these five currency pairs.

1. USD/GBP

According to experts, the British pound sterling will continue to be interesting for the next couple of months. We are assuming that the Brexit issues and problems with the British Government as well as EU related issues will have an impact on the pound sterling.

The agreement drafted in 2018 lead to the pound going through a rough patch and that volatility is predicted to continue. Starting December 10th, the pound sterling dropped to a 20-week low against the USD, which proved that there is a lot of trading opportunity. Apparently in the forex world volatility equals profitability and especially if it is predictable.

2. EUR/GBP

Now for the very same reason, we discussed above the EUR/GBP is another interesting currency pair for January 2019 and beyond. March 2019 is the official Brexit date, and with that, we are expecting increased volatility as that date nears. That said we don’t think that the currency pair is going to be very interesting before March though it will fluctuate a great deal more after March. Arguably the EUR/GBP will be the most exciting currency pair of 2019.

EURUSD Currency Pair is strengthening

Make sure to follow the extreme volatility of the currency pair and others by watching the market ticker on our website. We will also post updates with significant changes when they happen.

3. USD/CNY

We have all been watching the economic tension between the United States and China in the past couple of months. The trade wars are only heating up and blow for blow it is making the USD/CNY currency pair interesting. Each tariff has been met with further tariffs, with exports being stretched to the point of stagnation between the two countries.

While we would generally see a lot of holiday shopping in both countries, it is Chinese products which stand to suffer the most. If anything it will widen the current currency gap between the US and China which could get even more volatile in January and beyond.

4. USD/JPY

Now apart from the currency pairs that will fluctuate owing to international issues, there are ones like the USD/JPY which will fluctuate for other reasons. It is one of the most popular currency pairs which is known for its relative stability and often predictability. So, if you’re the kind of trader who wants to limit volatility and be able to predict the outcome, then the USD/JPY currency pair is a good option.

5. SEK/GPB

The last currency pair on our list is considered exotic, and yet it still does not get the kind of attention it undoubtedly deserves. The Swedish krona is neutral for the most parts in the international economy, but because it is related to the EU and also the UK, it has managed to gain a bit of influence. That’s why you can expect to see more trading opportunities as we near the Brexit deadline.

Then you also need to factor in the latest announcement by the Swedish central bank which stated that the country could become the first entirely cashless state within the next five years. If anything the nervousness amongst traders could lead to SEK’s unusual volatility.

Final Thoughts

The currency pairs discussed above have something unique to offer, and there is a growing chance of numerous investment opportunities. At the moment the international currency markets seem to be on fire for the most part, but it has become hard to predict anything. That’s why it is essential for traders to rely on their meticulous analysis for consistent profits.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

Start trading now with Binary Option Robot

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Bitcoin Drops Over 12% Of Its Value In Just 24 Hours

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Bitcoin has recently lost a lot of its value. However, the latest crash has been of over 12% of its value in just 24 hours. Bitcoin now trades at around $5,673, a level at which it was at in October 2017. However later that year, i.e., in December, prices of Bitcoin were at an all-time high of $20,000. Does the latest crash in Bitcoin value signal the final death of cryptocurrencies or should we expect a revival soon?

It is no surprise that the entire cryptocurrency market follows the trend set by Bitcoin. All the major currencies, i.e., those in the top 20 seem to have lost between 9% and 16% of their values over just a single day. The only exception is perhaps Tether which was directly pegged to the US Dollar. BTC was traded at present price levels just last year in October 2017.

We have seen the entire cryptocurrency market contract considerably at a rapid pace compared to Bitcoin which seems to be doing comparatively well. BTC continues to be the most popular cryptocurrency occupying 53% of the cryptocurrency market. Bitcoin cash occupies 4%, and Ethereum occupies just 10%.

According to Brian Kelly, the founder, and CEO of BKCM, a lot of the crash has to do with Bitcoin Cash. Calling it the crypto civil war would be a fair label owing to the announcement of BCH hard fork which as caused the market to go into chaos mode. Also behind the cryptocurrency market is technology or upgrades in technology which are behind some of the most noticed movements in price.

Kelly says that everyone just started selling which suddenly triggered the stops. Everybody is in concern mode, and that’s what has resulted in the whole market going into a tailspin.

However, Kelly, as well as a few others, strongly believe that the downturn is temporary and people should look at it as an opportunity. On the other hand, Meltem Demirors who is the Chief Strategy Officer at CoinShares has warned all potential investors in the crypto space that many if not most of the assets are not frequently traded and so they have a small trading volume. Thus, investors need to approach with a great deal of careful assessment.

If Bitcoin continues to depreciate it can end up providing a tonne of short-selling opportunities for investors. That said the cryptocurrency market is volatile and any forecasts shouldn’t be taken as the word of God. Crypto and all assets under this umbrella are very hard if not impossible to predict.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

Start trading now with Binary Option Robot

Recommended Brokers:

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Bitcoin Dominance Rises To The Highest Level This Year

Bitcoin Stock Image 2

The international cryptocurrency market is in flux as bitcoin continues to try and re-establish its apex status. It seems that without it all other cryptos are as unstable and untrustworthy. Also, major tokens have now fallen to new lows while at the same time Bitcoin has somehow managed to hold on to its $6000 value. One of the reasons for its strength is increased market share which is currently at 57.9%. It is the highest market share for the biggest reserve cryptocurrency and is also backed by a great deal of trading volume.

The recent drastic plunge in cryptocurrency value has in part been due to severe and anti-crypto regulations by the US. The SEC has levied many actions against businesses using cryptocurrencies which is setting a somewhat dangerous precedent for others. The first action was taken against Crypto Asset Managment CP, which is a California based service. The service has been accused of operating an investment company without proper registration, using false advertising and also lying to its investors. The firm was apparently marketing and selling otherwise unlisted cryptos but was touted as the first regulated fund in America which the SEC contends are claims that are false.

CAM has been accused of operating funds without being registered as an investment company. Consequently engaging in such a business and engaging in non-exempt public offerings not to mention investing over 40% of the assets in digital securities is considered fraud by the SEC.

The business has since then ceased its so-called public offering and has offered buybacks from all investors who are affected by the SEC’s action against them. Both Enneking and CAM have agreed to the SEC’s order to cease, desist and censure but without admitting or either denying the findings against the company. Though they have agreed to pay a $200,000 penalty.

The other action was against the ICO Superstore and is the first of such action to be taken against an unregistered dealer/broker. Both the operators and the ICO Superstore have been charged with selling off digital tokens without proper licensing and not complying with the required SEC regulations. A recent federal judge ruling read that the ICO Superstore was, in fact, a scam and as such subject to strict US securities laws. This particular ruling sets a very important precedent since it acknowledges that some types of ICOs and cryptocurrencies are seen as securities.

Interestingly Bitcoin today continues to remain as one of the most resilient currencies as it continues to sell and still has a lot of support. Bitcoin continues to ride the $6000 mark trading value at which it seems to be holding tight.

Indicators suggest that a bullish crossover is consistent with the level of support so there is a good chance there will be an uptick in prices. That move may see some resistance in the short term average movement, though a movement above that mark is going to be bullish. If the prices decline to sub $6250 levels, there will be a new long-term low of around $5,800.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

Start trading now with Binary Option Robot

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Nasdaq Is Building a Tool to Predict Crypto Price

Bitcoin Stock Image 2

Bitcoin LogosWe have heard from a senior executive at the NASDAQ who has decided to remain anonymous for obvious reasons that the U.S stock exchange is currently preparing to add tools to predict price movements of various leading cryptocurrencies. The new tool will be added to the NASDAQ’s Analytics Hub. The hub was launched just last year (2017) and provides investors with a more accurate way of predicting the market and assessing movement.

So far the Analytics Hub has primarily been focused on predicting the movement of traditional assets. Though the addition of digital currencies may seem to be yet another step by Wall Street in favor of cryptos. Speaking to the press, Bill Dague the head of the NASDAQ’s alternative data said that there is a lot of interest in cryptos and so they are consequently exploring various cryptocurrency related instruments. However, the executive added that it is still not clear if there will be such a tool as rumored by multiple sources.

The source which leaked this information is supposed to be working with the NASDAQ on building the tool or adding the functionality which is in its beta phase. According to the source, the new service will provide sentiment on nearly 500 cryptocurrencies and ICOs by taking a so-called three-pronged approach to looking at the flow of funds via wallets, social media, data from exchanges and analysis.

The news is hot of the heels of an announcement by Adena Friedman the current NASDAQ CEO who said that the company was looking into ways to offer bitcoin futures product. Then later in April, she said that they could possibly consider creating a cryptocurrency exchange. Though at the moment there isn’t much information about that.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Start trading now with our recommended Binary Options Brokers.

Start trading now with Binary Option Robot

Recommended Brokers:

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IQ Option Launches FX Options

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IQ Option will soon be furnished with yet another attractive FX Options feature. The new trading instrument will be yet another on the platform that will empower traders by combining all the advantages of Forex trading with the appeal associated with options trading.

It is expected to be a highly profitable hybrid. The other major news is that the newly created FX Options feature will be offered to EEA customers as well which will allow them to trade short-term forex.

The idea behind the new instrument is to make things simple on the trading platform, while at the same time giving control of the risk factor to the customer. So, they can set what is acceptable. You can watch the video for more details.

Advantages of FX Options:

  • Traders will benefit from an unlimited number of returns which mainly depends on the price of assets changing
  • If there is a loss investor will not end up losing all the capital invested. They will be able to choose the risk factor by defining what amount they want to trade
    and selecting a strike price. So, they can get the desired return when the asset expires
  • Trading will be more comfortable than with using CFDs since you don’t have to bother about leverage, pips, and margins, etc.

The way these payouts work is pretty simple. The customer defines the price at which they would be willing to exchange one currency for the next one. The payout will vary depending on the difference in price between each of the currencies. Also, the starting and end point of the currency value will be taken into consideration. So, the larger the price difference between the currencies the more significant will be your risk but so will be the payout if the odds are favorable.

The feature, in essence, gives the control over to customers who can then manage their risk. However, there are still risks which can’t be controlled like that of the market. Though being able to choose the risk level will help clients minimize their losses while maximizing gains.

At the moment FX Options is available in up to 14 currencies. The expiration times start from a minute and are right up to 5 minutes. The other good thing as mentioned above is that clients can’t lose more money than they invest.

As of late easymarkets has launched their easyTrade that uses a similar concept. Though we think that IQ Options’ implementation of the concept is much better and easier to use.

Open a Free IQ Option Demo Account by Clicking the Green Button Below

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General Risk Warning:Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

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Start trading now with Binary Option Robot

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