This is one of the best binary options strategy!
The purpose of this strategy, is to increase our profits taking the lowest Risk. This Strategy is based in the “Martingeil System”, which is quit easy to understand and implement. So, let’s see what we will need in order to start trading Binary Options with this Strategy. Then on the video I will explain how to use and combine all of them:
- iqoption.com Platform (Free Demo Account)
We will use iqoptions Broker, because in my opinion is the most Trusted Binary Options Broker and the minimum trade amount is $1 or 1€. (Read iqoption review)
2. The Martin Geil Trade Scale Board
|IQOPTION.COM MARTIN GEIL VALUES|
|POSITION||SUM||GROSS PROFIT||NET PROFIT|
|1 €||1 €||1.80 €||0.80 €|
|2.5 €||3.5 €||4.50 €||1.00 €|
|6.25 €||9.75 €||11.25 €||1.50 €|
|15.63 €||25.38 €||28.13 €||2.75 €|
|39.07 €||64.45 €||70.33 €||5.88 €|
|97.66 €||162.11 €||175.79 €||13.68 €|
- You can scale up trade amounts depending your funds.
3. Bolinger Bands Indicator
Bollinger Bands are used to measure a market’s volatility. This little tool tells us whether the market is quiet or whether the market is active. When the market is quiet, the bands contract and when the market is moving full steam ahead the bands expand. We will use them inside iqoptions Platform.
4. RSI Indicator (Relative Strength Index or Indicator)
RSI is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset.
5. Moving Average Indicator (MA)
Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction with a lag. Moving averages lag because they are based on past prices. Despite this lag, moving averages help smooth price action and filter out the noise.
Watch the video below to see the most profitable binary options strategy in Action!
Binary Options Trading Tips
Becoming a successful binary options trader does not happen overnight.
The best traders will be the ones who keep learning, seeking out as much data and new information as they can, and really studying their chosen market.
Below we have compiled a number of different binary trading tips designed to help you with your binary options trading.
Whether you are spending £10 or £1000, these tips will still be beneficial to you. Some you may know, and others may be common sense, but you cannot learn too much!
There are a lot of different assets available to trade as binary options, and it would be impossible for anybody to master all of them.
Choose your asset wisely, and concentrate on learning as much about it as you possibly can. Generally, the more common the asset your trading, the more data and analysis there will be about it available online.
Traders often use forums are a way to share tips and information about certain markets and assets. There is plenty of great information out there, but it is up to you to make the most of it. Study the market and stay abreast of the news and current affairs, as this can help you gain a better understanding of the root causes of markets crashing, not to mention helping you recognize the warning signs leading up to it.
Historical quotes are also an invaluable resource when binary options trading, as it can help you to identify any emerging trends or patterns in the market.
Binary options trading is a long term activity, not a get rich quick scheme, so have a long term plan in place and stick to it; try not to get distracted by your short term results. New traders can often fall into the trap of getting over excited following their first win, but it is important not to lose sight of your long goals.
Do not over invest; only trade within your means. However much experience a trader may have, nobody makes successful trades every time. There is more information on this and other types of risk management on our Risk Assessment page.
When trading, ensure you are in the right frame of mind. It is important to fully concentrate on the task at hand, and you should avoid trading when you are feeling stressed or angry as this can have a negative influence on the decisions you make.
Practice makes perfect. Use our free demo account to familiarise yourself with our binary options trading platform and to get to grips with the trading process. This is a great way to hone in your skills without risking any financial losses. When you feel confident enough, then you can start binary option trading for real.