Indicators binary option robot review
If you place a trade that the asset will rise to a specific price you will get an agreed return if the asset does.
If it does not, you get nothing! The major advantages in trading this way is that trading can be started by anyone, you need very little capital. You will also know how much you could gain, or lose on every trade before you commit to it. Put and call options - what will be your choice? It is essential to complete as much analysis of your chosen asset as possible; this will help you to win more trades than you lose.
A call option is placed if you believe the asset will increase in value whilst a put option indicates a decrease in value. Your analysis should help you to choose a price that you believe your asset will either rise to or fall to. This is known as the strike price. For your to gain a return on your investment the asset must be above a call strike price, or below a put strike price at the expiry time of your trade.
As you will be able to appreciate, binary options are becoming extremely popular as anyone can start trading, but accurate analysis is essential! The importance of analyzing and assessing an asset before you make a trade cannot be overstated. To be a successful trader it is an essential part of your trading strategy. Looking at asset reports, market analysis and the history of an asset is known as technical or statistical analysis.
It is this approach which will help you to identify a trend in the movement of an asset and provide you with the best time to enter a trade and in which direction you should expect your trade to love in. Without this skill you will be limited to the assets which are clearly moving in one direction and your returns will be limited.
One of the most important factors of any binary options trade is timing and the length of your trade. Short trades need to be placed after looking at the most recent movements; it is likely that the asset will continue moving in the same direction as it has been. However, if you are looking to trade for longer periods of time you will need to understand the reasons why an asset performing as it does; this will help you to understand what it is likely to do next.
It is possible for any asset to do better or worse than you expect and than its history suggests but this is not a common occurrence and is part of the risk of trading in binary options. With over a year on its existence calendar, OptionRobot has stood the test of time and currently ranks among the best trading software in the financial world. Well, OptionRobot is an auto trading service where traders are at liberty to either opt for full automation or semi-automation depending on individual needs and preferences.
Unlike most trading systems, OptionRobot is completely available online and can be accessed seamlessly on a browser. To use the trading system, it goes without saying that you will require a trading account from one of the supported brokers and have at least the minimum trading balance as stipulated by the broker in question.
Apart from that, you are good to go! The trading system is configured via the setting tab and since it is browser —based, it requires a stable internet connection.
In a nutshell, you only need a working internet connection, starting capital and a working internet connection. Although nothing comes for free in this world, OptionRobot comes at zero costs. Well, you heard it! There are no hidden charges. As mentioned earlier, you only need a trading account with some balance and you can hit the ground running.
Costs that you may inquire are broker-related and they are highly unlikely. For ten trades, you are more likely to lose not more than three. However, it all depends on the strategy and indicator chosen in the settings tab. Choosing a broker is always the most important decision you have to make before getting your feet wet in the financial arena. Interestingly, although OptionRobot does not support all the available brokers, a trader can choose between different brokerage brands.
It is important to note that brokerage platform chosen dictates most of the trading terms including the availability of expiry durations, payout rates, and the minimum trading balance. BDSwiss is a premium brokerage outfit offering a trade on the reputable second generation SpotOption trading platform.
OptionRobot can be used on the BDSwiss platform to trade 30 second, 60 seconds, 2 and 5-minute expiry durations. Options available for auto-trade include Ladder, pairs and One Touch options. FM Trader is a binary options broker established in which also offers tradeon the 2 nd generation SpotOption trading platform. Available expiry durations for auto-trade include 60 sec, 90 sec, 2 min, 3 min and 5 min.
Trading signals generated by OptionRobot solely rely on several indicators. Well, you can choose to leave all the indicators running or you can decide to only rely on one or two.