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This video explains how I make up to $30 every 5 minutes by trading 60 second binary options.
What are Binary Options?
Binary options are a simple and rewarding financial trading product. Binary options deliver a fixed return on every trade which is made, depending on whether the trade was “In The Money”, “Out Of The Money” or a “Tie”. Binary options — which are also referred to as digital options — are one of the fastest growing financial trading products in the world because their simplicity, together with the certainty which they offer on every trade, makes them an attractive trading tool for many financial investors.
When buying a binary option the potential return it offers is certain and known before the purchase is made. Binary options can be bought on virtually any financial product and can be bought in both directions of trade either by buying a “Call”/”Up” option or a “Put”/”Down” option. This means that an investor can go long or short on any financial product simply by buying a binary option. Binary options are offered against a fixed expiry time which may be e.g. 5-30 minutes in the future, an hour ahead or at the close of the trading day. They are also an excellent tool to work from home and make money online.
There are however, rules to ensure that this binary options strategy always works:
Rule Number 1.
If the EUR/USD has an even 50/50 popularity DO NOT TRADE there must be a bias one way, even if it’s 49% — 51%. That 2% gap means a lot in the world of binary options and currency trading.
Rule Number 2.
Trading binary options with this system is fast paced. In order to catch the winning trade in the 5 point decimal base with your 5 trades you have to be quick. This is especially important in Step 4 of this binary options tutorial.
If you’re using a laptop, you might want to use a mouse rather than the trackpad for speed, or if you have a slow mouse INVEST IN A BETTER ONE!
This is of vital importance, if you go and make a cup of tea between trades using this binary options strategy, then you may miss the necessary entry point to win and your odds will drop from up to 100% to 50% so BE QUICK!
Rule Number 3.
Do not change the direction you are trading on midway between Step 2 and Step 5. If your starting trade at $5 is a PUT then continue through to Step 5 on PUT do not switch to CALL as your odds will drop from up to 100% to 50%.
Also, if a trade comes out as a TIE, you should put on the same trade again as soon as possible.
Rule Number 4.
After each winning trade, ALWAYS check to see if the Popularity has changed from PUT to CALL, as shown in Step 1.
Rule Number 5.
We have tried this system with our preferred broker traderush and we cannot guarantee if it will work with other Binary Option Brokers. If you do already have an account with a different broker, we advise you to open an account with traderush by visiting http://www.thetraderush.com and simply use the strategy there.
Rule Number 6.
Don’t change the plan in attempt to make more money, it’s easy to get greedy but greed = failure!
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TradeRush Binary Options.
Trading Platform: http://www.thetraderush.com