Posted In: Forex Trading Posted On: 2020/04/19 04:59 AM Posted By: ituglobal
Trading is hard, because contrary to what people tend to believe, we cannot really know what the markets will do next. That is why many people find it very difficult to enjoy permanent success in the markets.
The dark side of Binary is that you always get less that your stake if you win. That is why you need a higher accuracy to move ahead. For example, if you stake 100 USD per trade, you will get only 85 or 80 or 75 or 65 or 60 or 50 USD in profits. I have seen an uncommon instance in which I was given only 22 USD for a stake of 100 USD! Maybe price barely moved in my direction.
I have also seen a rare instance in which I was given 108 USD when I risked 100 USD. That may depend on the kind of currency pair I chose and how strongly the market moved in my favor.
However, Binary Options (BO) has one distinct advantage: As long as you can get at least 75% accuracy, you’ll come out a winner. That 25% inaccuracy may play out for weeks; but you will eventually come out ahead as the 75% accuracy prevails on the losses.
It is hard to get a system with a long-term accuracy of over 65%, but once you get it, you’re already a permanent winner. That is what our BO strategy has achieved over the years. If you cannot achieve a higher accuracy trading BO, there is no way you won’t end up being frustrated.
From Monday to Thursday, we get an average accuracy of 65%, and on Fridays, we get an accuracy of around 80%. That means we have expectancy of winning 8 trades out of 10 trades on Fridays!
Some of our clients like to trade on Friday only, and some like to trade from Mondays to Fridays. Nonetheless, if there are clients that cannot stomach the 35% inaccuracy of Monday to Thursday, we advise them to trade on Fridays alone, because the inaccuracy of 20% is much more tolerable!
Those who trade on Fridays alone can risk higher than 2% per trade (a maximum of 5% per trade), and then smile to their banks. That big profits will compensate for their absence on Mondays to Thursdays.
If you want to acquire our BO strategy or you want us to manage money for you, using the strategy, you can contact us.
Next week, we will start an article titled: Comparing Forex to Binary Options.
To see our current rates, please visit www.ituglobalfx.com.ng
To fund and withdraw with Neteller, please visit: www.instantforex.com.ng