Register an account with a Binary Options Broker

There are many Binary Options brokers's some are good, and some, unfortunately, are not up to the highest of standards. To make things easy, I will recommend one of the following brokers:

 TraderXP, OptionBit ,OptionFair, Opteck (USA Allowed) and VIPBinary (USA Traders Allowed)

These brokers provide more than just trading, they offer quality customer support and operate honestly. Each broker provides the tools needed to make the right decision and offer extensive analytics that can be used in your favor. Please note that these brokers do vary in their offerings, including special bonuses and slightly different trading mechanics. As stated earlier, these are all brokers with great software and a good reputation you can't go wrong either way.

Understand the Method

While there seems to be an endless number of trading tips, strategies, and shortcuts, I’ve found Trend Monitoring to be the most reliable. This method is widely popular with professional traders and is well known for its consistency and effectiveness. At its core, Trend Monitoring relies on a very simple fact: Asset prices follow trends! This may seem obvious to many, but the real strength is the ability to identify the trends – this is where Trend Monitoring comes in to play. If the recent price history of an asset shows a significant and constant increase, the probability that the asset’s value will continue to rise is greater than the probability of it going down, and vice versa. Applying Trend Monitoring to your Binary Options trading will result in increased profits.

Recognizing the Trends

The most effective way of spotting a trend while trading Binary Options is to set up the graphics so that trends are easily detected. My recommendation is to use an M5 Time Frame. When using this setting, each candle represents 5 minutes – the ideal setting for recognizing the trend. Here are the different trends that we can spot using Trend Monitoringwhen trading Binary Options:

Click HERE to identify trends using real-time graphics. HERE

Trade Smart: How to Invest the Right Amounts

Some trades are won and some are los, and anyone offering a 100% success rate should be heavily doubted. Trend Monitoring is indeed a great way to increase profits, but it does not guarantee that every trade is successful. It will, however, help any trader increase profits and reduce his losing positions. Using Trend Monitoring while trading binary options will help you tip the tide in the right direction: more winning positions and less losing positions. Ultimately, this will lead to higher profits. To be safe and profitable, it is recommended to stay true the rule: Each position should not be more than 5% of your total capital.For example:

Frequently Asked Question

How Do I Begin Trading? As stated above, you should start by opening an account with either TraderXP  optionBit or optionFair . They are both great brokers and provide easy to use software and quality service. As for how much to deposit – it is recommended to deposit no less than $250 so that the 5% rule can still be used in your favor. In fact, depositing more can further reduce your risk as long as your positions are kept below the 5% mark. How Can I Be Sure that I Can Withdraw My Funds? Rest assured that both TraderXP and optionBit run an honest operation. I have withdrawn funds from my account on many occasions with no hassle. Furthermore, keep in mind that customer support can be reached on every day of the week should any issues arise. Why shouldn’t I Open Positions bigger than 5% of my Capital? While it may sound overly conservative, this rule provides a good balance between your exposure to risks and your ability to profit. I strongly recommend that if you’d like to increase your potential profits – deposit bigger amounts before opening larger positions.

Here we go ..