Top 5 Binary Options Strategies By Secured Options
Is there something like ‘the best strategy to trade Binary Options?’ That is a tough one to answer. According to Secured Options, the strategy one uses is one’s trading success and one’s mindset will do the rest. It is true that you need a good strategy to complement your mindset but only when you learn to mingle the two. This is how you can make money consistently. All you need to understand and choose the best strategy for trading Binary Options. Secured Options presents you a brief on 5 best chosen Binary Options trading strategies:
Pinocchio: A Kids story or Binary Options Strategy
This strategy is mainly based on Pin bars, resistance and support and following trend. A rejection is indicated by pin bar. When it is formed on a resistance or support level indicating the end of a retracement and consequently trend resumption, you can trade it or else forget about it. All you need is basic skills of trend and S/R recognition.
The Floor Trader Strategy
The principle behind all the complicated and flashy stuff is just following trend after a retracement which has certain special characteristics. Although the Pinocchio strategy is listed first, but consider both strategies almost the same in terms of quality. It is good to find a way to combine the two.
Multiple time frame power
This strategy says the higher the frame always contains some answers to the questions that come to your mind and especially when you look around for it. One can use stochastic, RSI and multiple frame in trading.
Simple balance system
This strategy is similar to the previous one but this doesn’t use multiple time frames like the previous ones. Lot of traders uses it successfully. The system is easy to use and friendly while still having enough filters to keep you out of below average trades.
Three Bars High or Low
This not amazing but an average strategy. The reason it found its way to the top is the indicator it uses: Indestructible Trend Winner. This is a trend following indicator, very simple to read as well as highly accurate. But facts are facts and one can see this indicator in action every day so this is definitely good but yes different traders may get different results.
It is all about researching and observing and choosing the best strategy for oneself. Find out more on Binary Options at secured options. Visit our Website SecuredOptions.com