Both standard and VIP members enjoy fast withdrawal processing times. Withdrawals take 24 hours to binary options 6 wins with 20 days for standard investors. It takes only a few hours for VIP investors. Olymp Trade offers a mobile app. Being able to access the trades from anywhere via a phone app is extremely convenient. This is especially considering the site specializes in fast, short-term trades. Their mobile app is responsive and has the same capabilities of the desktop and web version.

Along with training materials, Olymp Trade offers free demo accounts. Those who registered get access to 10, virtual coins to play around with. The demo account is also a valuable feature for experienced traders to get a feel for the interface.

Overall, the company offering is among the competitive ones along with its reputation, but generally, options are a high-risk investment due to its nature of trading, as well as the unlicensed environment of the Olymp Trade company puts some question marks either to enter the trading or not. You can also share your trading experience with Olymp Trade by commenting on this review. I heard a lot about fixed-time trading but was quite sceptical about it.

I came to Olymp via a referral link. Once I learned that the company offers Forex trading in addition to fixed-time one, I immediately opted for its because it was I already knew well. Their web platform is very pleasant to use. I have always appreciated intuitive and straightforward solutions. Later my curiosity towards fixed-time trading took over me and binary options 6 wins with 20 tried it.

I remember the period when everyone scolded Olymp Trade for not having MT4. But this is not a company that simply turns a blind eye to the negative reviews. The team is very actively working on project development. And now Olymp has presented its MT4 integration. Moreover, recently it has also introduced several types of accounts for this platform. Including the ECN with minimum spreads. Now it is not just a broker for beginners with an easy to understand platform.

Although the platform did not go anywhere. Moreover, it is continually being updated and improved. Now it is a company with a full range of services for any level of traders. I have already managed to switch to MT4. The platform is fast, the order execution speed is high.

I enjoy the fact that there are many tools for technical analysis. This was important for me, as I prefer the ATR indicator. A simple window shows how many points an asset has passed and how many points it passes on average per day. This is useful information when you decide to open a trade and calculate Take Profit. Almost six years of my experience there was really positive. I speak not only about my earnings, but primarly about experience that company gave to me.

To be fair, books are a lot of words but a few sense. Really, binary options 6 wins with 20 , education there was so nice — well structured, combining theory and practical examples. So I was reading, watching examples and practicing on demo. This brokerage introduced some nice upgrades now, including MT4 support and status system. Personally, before opening an account with Olymp Trade, I checked the broker for a regulator.

Because this is probably what every trader should do before opening an account with a new brokerage. And Olymp Trade has no deposit security problems, it has an excellent regulator. Recently, a broker has introduced a status system, which has made trading and its conditions a little more diverse.

As for me, this is a very interesting approach, because you have more motivation to trade and become better in it. So definitely, I liked Olymp Trade very much as a brokerage. The year that I trade with it was very fast and brought me a lot of positive emotions.

Two years ago, I was excited about Olymp Trade. Really, I thought it was the best broker in the industry. At that time I was new to Olymp Trade and for me the education and all these Olymp Trade features were a great backround to start trading. After 2 years, everything has changed and now I clearly see the problems, binary options 6 wins with The first and major one is that Olymp Trade is focused on beginners.

However, as a pro, I feel uncomfortable trading and constant face education. This is the main drawback for me, who made me change brokers and move to trading with another broker.

If you ask me, a broker fits both newbies and professionals. I myself have been a client of Olymp Trade for 3 years. And I have a friend, who recently became interested in trading, too. I of course advised my broker to him. It stems from the knowledge you have built up and the experience you have gained learning and testing. It has a basis in reality. You will also learn how to balance your gambling with the rest of your finances and your life. Miraculously, you win the trade.

After all, your risk was rewarded, right? That will tempt you to repeat the behavior. The reality is that the wins that happen by chance will always eventually turn into losses that happen the same way.

What goes up will come down. A win by chance should be no more welcome than a loss by chance if you are serious about trading. And even if you are gambling, you should find a way to think about the win in a levelheaded way so you are not tempted to gamble irresponsibly.

How should you approach one of these miraculous wins? First, acknowledge that the win was completely by chance alone , and that you had nothing to do with it. In fact, if you violated trading rules or money management principles to get the miraculous win, you should log it as a personal loss, because you failed, even if the trade succeeded.

As with times you lose by pure chance, when you win by pure chance, you should also be taking a break from the market. While there is a monetary difference between a win or loss in your trade account, there is little difference between them when it comes down to what they mean for your trading if they happened by luck. You not only won money, but you also won the day by following your rules and trading right.

Wins of these types should reinforce your confidence. You may still feel an urge toward becoming overconfident when you win by following your trade rules. For tips on developing discipline, click here. If you lose a trade while you are following your system rules, you should try to figure out why you lost. Sometimes the answer may be obvious, and other times it may be difficult to discern.

A certain number of lost trades is going to ultimately be unavoidable. It is easy to get gun shy about trading when you start losing trades, but there is no reason to dent your confidence when you are following good trade rules. Upon closer examination, you might figure out some way you have been violating trade rules, or maybe not paying close enough attention to context. Or perhaps the market conditions have changed, and your system requires some adjustments.

Any time you can figure out why you have lost a trade, even if it is an isolated incident and not unexpected, you should consider making adjustments to your trading to prevent future losses of the same type.

In some situations this is very simple, and may not require any testing. In other cases, the adjustment may be more major, and it may require you go back to backtesting and demo testing and take a break from the market for a little bit while you work on making improvements. So as you can see, there are different psychological responses which wins and losses call for, depending on the circumstances of the won or lost trades.

by TradingStrategyGuides Aug 8, All Strategies , Options Trading Strategies 21 comments. Today we are going to share our binary options trading strategy with you. This is where our Trading Strategy Guides team comes to the rescue. We will provide you with the best binary options strategy.

Understanding how to trade options can help increase your performance as a trader. At the same time, binary options also allow us to make more money in the process. We are also controlling the risk. Binary options are easy to understand. This is coming from someone who has little or no experience in the area.

If your favorite approach to trading forex is to jump in on a fast price movement and ride the intraday trend for as long as the momentum lasts, you can learn how to make money trading binary options very quickly.

When we first discovered binaries, the light bulb in our heads turned on. No need to worry about how many pips we could grasp in the process.

Binary options trading is a form of derivatives trading that has a fixed profit or loss. Trading binary options is simple. All you need to do is ask yourself a simple yes or no question. Will the price of the underlying asset be worth more than the strike price at the expiration date? Essentially, we can trade binary options for any type of instrument.

Second, before submitting our trades, each of these instruments has a current value at any given point in time. How to trade binary options depends on our trading skills. It is used to predict where the current value will be some time in the future. In other words, we must use our skills to predict the market direction.

This will determine our success in trading binary options. The market can only go up or down. If we believe the current value will go up in the near future, then we buy a Call option. On the other hand, if we believe the current value will go down in the near future, we buy a Put option. Read more about call options vs put options. Third, we need to determine what the most critical aspect of trading binary options is.

Being wrong means you incur a loss. We have made a nice infographic that highlights the four steps on how to master binary options trading.

If you manage to figure this out, then knowing how to make money trading binary options will be a piece of cake for you. Our team at Trading Strategy Guides is ready to share with our beloved trading community our second binary options strategy.

The mathematical model behind this binary options trading strategy has a proven market edge. The only tool you need to trade binary options successfully is the RSI indicator. The RSI default settings need a little bit of adjustment if you want to master the 1 minute time frame. We use a 3-period RSI to trade binary options profitably. Naturally, a lower RSI period means that the indicator will tend to be noisier than normal. But it is more responsive to the immediate price action.

Along with the RSI settings adjustments, we also played around with the overbought and oversold readings. We found out that by using an 80 RSI reading for overbought and 20 RSI reading for oversold conditions, we get more accurate day trading signals. By changing the RSI overbought and oversold line, we have eliminated the noise. The 1-minute binary options or the seconds time frame is the best chart for trading binary options.

In other words, the best binary options expiration time is the 60 seconds time frame. We recommend highlighting the starting point on your charts. And the ending point of your candle low that you have identified. Simply draw two vertical lines on your chart through the starting point and ending point of your 50 candle low. When you count the 50 candle low, you should always start from the current candle.

Then go from the right side of your chart to the left side of your chart. If you manage to count 50 candle low, obviously the starting candle point will be your 50 candle low. Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal. An RSI reading below 20 shows that the market is in oversold territory and it can potentially reverse.

Keep in mind that in order to move to the next step, we need the 50 candle low. We also need an RSI reading below 20 to happen at the same time. We added one more factor of confluence that needs to be satisfied. If used in conjunction with the previous two conditions, it will make you a money maker binary options trader. When trading reversals, you need to be as precise as possible. The more confluence factors you have in your favor the more accurate the reversal signal is.

What we need to see here is for the price to continue moving lower after the 50 candle low was identified. At the same time, we need the RSI indicator to move higher in the opposite direction.

If the price moves in one direction and the momentum indicator moves in the opposite direction, it means they are diverging from each other. This signals a potential reversal signal. The first thing you need to do is to mark on your chart the high of the 50 candles low with a horizontal line.

The first candlestick formation that breaks above this high is your trade entry signal to buy a second Call option. Before learning how to make money trading binary options you need a great Binary Options broker. Secondly, you need a strategy-based trading technique to reveal the market direction.

You only need to forecast if the price will be up or down during the next 60 seconds, making it very convenient. We use a heuristic approach to speculate on which way the price is going to move during the next 60 seconds. At the end of the day, traders are looking for a reliable binary options system that will help them make money from trading. The good news is that the best binary options strategy is exactly that system.

Our team is built of many traders with experience in the industry, including binary options traders who know how to make winning trades. Please Share this Trading Strategy Below and keep it for your own personal use!

Thanks Traders! We specialize in teaching traders of all skill levels how to trade stocks, options, forex, cryptocurrencies, commodities, and more. Our mission is to address the lack of good information for market traders and to simplify trading education by giving readers a detailed plan with step-by-step rules to follow. The article on binary option trading strategy was useful. Thanks sharing for valuable information about binary options. Thanks for the article.

Are you referring to building a strategy multi-step indicators in a trading platform? Does the starting point and ending point of your 50 candle low have to be the same color candlestick too?

You from tradingstrategyguides, could you create an indicator with these settings for us binary traders. That way we would be better able to migrate to Forex. remembering that I am a loyal customer of yours and I pray that one day you can help us with this.

And thank you so much for that knowledge. Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page. Binary Options Trading Strategy — Best Seconds Strategies by TradingStrategyGuides Aug 8, All Strategies , Options Trading Strategies 21 comments. And that, my friends, is the real beauty of binary options. What are Binary Options? So, the first thing you need to decide upon is to select the asset to trade. Trading binary options require you to correctly forecast two things: Whether the market will rise or fall.

Your forecast needs to be accurate during a certain time frame — called the expiration time. The Best Binary Options Strategy Our team at Trading Strategy Guides is ready to share with our beloved trading community our second binary options strategy.

Use the second chart 1 Minute TF The 1-minute binary options or the seconds time frame is the best chart for trading binary options. See below: Step 2: At the moment the 50 candle low develops, we need an RSI reading of 20 or below Since this is a reversal trading strategy we need the RSI indicator to show a bullish reversal signal.

See below: Step 3: Look for a bullish divergence to develop between the RSI indicator and the price. See below: Step 4: Buy a Call Option after the first candle that closes above the high of the 50 candle low The first thing you need to do is to mark on your chart the high of the 50 candles low with a horizontal line. If you want to buy Put binary options, use the same binary options guide, but in reverse. See below: Conclusion — Binary Options Trading Strategy Before learning how to make money trading binary options you need a great Binary Options broker.

Thank you for reading!

We found out that by using an 80 RSI reading for overbought and 20 RSI reading for oversold conditions, we get more accurate day trading signals. So, except for Olymp Trade, you are only permitted to trade with the U. After feedback from our members we provided a newer version that includes an alert box and sound alert when a new signal is generated. Is Binary Options trading legal in Russia? What goes up will come down. In the decimal number system, 8 is positioned in the first decimal place left of the decimal point, signifying the 10 0 place.

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