The best strategy, in fact, the only way you have a chance with binary files, is to do the opposite of what they tell you to do, the opposite of what almost everyone does. .
This makes sense since binary option traders are worse as a group than other traders. They could lose money as an Olympic sport. The binary options industry is so lucrative that brokers will pay you a 35% commission on deposits for the introduction of a customer, while making a lot of profit. In other words, it's a scam. Unlike other forms of trading where the broker does not earn money if you lose, your broker earns binaries with minimal commission, instead of a small commission, in the entire account.
Now suppose you have a broker who actually pays if you win (honestly, over 80% of brokers scam you and never pay).
Here's how to do it.
Everyone wants to win the 10 baggers, buy the out of the money option for $ 15 and close it at $ 100. DO THE OPPOSITE. Buy the option that is IN MONEY, about to close true. Experiment with closing time, for binary options of 2 hours about 30 minutes is good.
Check out upcoming listings on the economic calendar | FXStreet Negotiate with an ad before closing your binary.
Try and buy options that you think will close 90% of the time for $ 75 to $ 80. No more than $ 80 – that's your benefit.
If your option becomes OUT OF MONEY, that it is trading below the strike price, it becomes a coin and immediately leaves. (note that binary options brokers do not allow you to use stop loss because they want you to lose a lot, not a little)
Keep accurate records, stop trading, and start paper trading if your payout rate drops below 80% for 5 consecutive trading days.
It's a strategy with a very small advantage. If you take 10 transactions a day, you should make money most days, with big withdrawals. It is not suitable for large accounts or for composition in a large account. The only possible use is a low and constant income.
Overall, I do NOT recommend the binary options industry. He is rife with scammers and has to overcome terrible obstacles. If you have to play, however, that's the way.
Quick question. Has anyone ever tested the Trend Viper Indicator? (Mt4trendindicator) The latest version seems pretty good. I wonder if the Trend Power filter works.