How to Win with Binary Options: A Complete Guide for Dummies


Greetings!

Binary options are the holy grail of the speculative market. The dream of beginners is to make quick money with almost no investment. I just chose an asset, clicked Put or Call and collected profit. Oh, if only everything were so simple and the answer to the question of how to win on binary options lay on the surface.

In fact, binary options are indirectly related to real stock exchange and currency trading. In some developed countries (for example, the USA) they are equated to HYIP and gambling, so every broker is under the government’s eye in order to at least give clients at least some guarantees.

Momentum Pinball

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The trading system was proposed in the late 80s by Linda Raschke, who specialized in futures transactions. She proposed a special indicator for the MT4 terminal, which showed good results on the foreign exchange market. This is already a classic trading strategy, designed for traders with a high level of busyness, since to control the situation it is enough to devote about an hour to the market (you can do this at night).

Why currency?

The most popular way to play stock exchange games today is the opportunity to make money on currency fluctuations. Let us briefly explain what the essence of such a game is, especially since it is for money.

how to play and win on the stock market

As you know, millions of events happen in the world every day, but only dozens, if not a few, turn out to be truly important. For example, such important events can be considered elections of the president or members of parliament, news about the harvest or, on the contrary, crop failure, natural disasters, revolutions, plane or ship crashes, armed clashes, terrorist attacks.

Trading pending orders

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The technique has shown good results and effectively eliminates psychological influence when trading, allowing you to simultaneously open transactions at optimal time intervals. The main task of the technique remains to determine the trigger point of the order, take profit, stop loss and the validity period of the order.

What are the benefits of intermediaries?

As mentioned above, in order to enter the stock and currency exchange, you need to turn to intermediaries, those who will give you such an exit. Why do they do this and what is their profit? Such people are most often, like no one else, interested in your winnings, since they provide their services under special conditions. In essence, this is a regular transaction. They provide you with a convenient interface for work, good Internet speed that facilitates a fair display of price dynamics, and assistance in withdrawing your earned money. You will have to give them a percentage for such intermediary services.

Traffic light

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This Forex trading strategy is suitable for any currency pair. It is usually used as a daily strategy, which requires attention from the trader. When analyzing, you must use the signals Trend Master, HMA (advanced version), Goldminer 2, RSI Custom. Please note that to prevent incorrect interpretation of signals, it is necessary to analyze short periods of time, which increases the volume of information and requires attentiveness on the part of the trader.

about the author

Alexander Elder is a native of the former Soviet Union. Born in Leningrad in 1951, he grew up in Estonia, in Tartu, where he received his higher medical education. After graduating from university, he got a job as a ship's doctor in Tallinn.

In 1974, when the ship entered the port of Abidjan, the largest city in the Republic of Côte d'Ivoire, during a voyage, he fled from his colleagues and asked for political asylum at the American embassy. At first there was a refusal, but later A. Elder’s request was granted, and he was transported to the USA.


Alexander Elder

After moving, he studied psychology and psychoanalysis at the New-York Psychoanalytic Society & Institute (NYPSI), and completed an internship as a practicing psychotherapist. After receiving his diploma, he opened his own practice.

I became interested in making money on the stock exchange by accident: I borrowed a book from a friend to brighten up my travel time. Having become interested in analyzing financial markets, Alexander decided to try his hand at trading. He made his first investment in securities - stocks and options.

Later, Elder founded his own company for training professional traders - Financial Trading Seminars, Inc. The organization conducts educational seminars and trainings in Asian countries, the USA, Europe and Russia.

Alexander had to go through a difficult path. The beginning of his trading career brought many disappointments, but he knew how to learn from his mistakes and spent years honing his trading strategy without backing down from difficulties. Returning to clinical practice allowed him to acquire funds for new investments, and the experience gained paid off in the future.

Elder managed to make a fortune. In the bestseller “How to Win on the Stock Exchange,” Alexander Elder, a recognized authority in the field of trading, shares his valuable insights with readers. The author focuses on “smart” trading - the book’s Price Action strategies have gained worldwide fame. The work has been translated into 12 languages.

Puriya method

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The system is perfect for beginners due to the ease of obtaining information about the market entry point and the ease of obtaining an accurate trading signal. The trading strategy is ideal for honing your skills on any one currency pair, allowing you to learn to focus and avoid emotional influence.

Why does the price of a currency fluctuate?

Each country has its own currency, which shows the current situation in the country. This is logical, since the financial system is a mirror image of economic and social phenomena. A unique measure of currency is the dollar. It is no coincidence that it is called a conventional unit. From the beginning of the twentieth century to this day, America's financial system has been the strongest in the world. Even if you do not have an economic education, you know that the value of real estate, movable property and most world currencies are pegged to the dollar. Linking to it largely determines the economic situation of any country.

play on the stock exchange without investment

Trend Finder 4HR

A good strategy for traders with medium wholesale, which allows you to guarantee profits while being easy to use and highly protected from losing trades. To use it you will need the following indicators:

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  • Stoch Histogram, signaling a change in trend direction;
  • Advanced ADX, which allows you to determine the strength of the current trend in the market;
  • Awesome Oscillator informs about the direction of market movement at a given time.

How to play on currency fluctuations?

As mentioned above, the exchange rate of any country is not something fixed and can fluctuate depending on what is happening in the social or economic sphere of the state. Suppose Russia announced that this summer is extremely successful in terms of harvesting. What does this mean for the state? Russia will have enough of the harvest not only to meet the needs of its citizens, but also to sell products to other states. This will attract an influx of foreign money into the country. Does it mean that a good harvest is beneficial for Russia? Of course. This means that after the announcement of this news, the domestic currency of Russia (the ruble) will strengthen. Figuratively, we can say that good news has a positive effect on the exchange rate of the domestic currency.

Turtle

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The legendary system developed by William Eckhardt and Richard Dennis many years ago. It is based on the idea that the result of Forex trading is determined by a person, and not a specific system. The technique is quite simple, but, unfortunately, it forces the average person to reconsider several key factors in order to achieve the desired result not only in the foreign exchange market.

What are binary options

A binary option is a fast and extremely simple financial instrument that allows investors to place bets (sorry, prediction) on whether the price of an asset will rise or fall in the future.

For example, what will happen to the price of Google shares in the next minute - an increase in price or a fall. Interest rate of return. For example, 80–95% profitability at a rate of 100 rubles will give 80–95 rubles. income. The loss is always 100%. If I didn’t guess where the price would go, I lost the entire amount. These are not stocks or Forex, where you can jump off in time.

Nauhatl

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An interesting strategy that specializes in trading currency pairs located in different time zones (usually GBP/JPY, GBP/USD are used). It is based on the use of a number of technical analysis indicators.

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Main features of playing on the stock exchange online

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