hey im new in binary options so i need some help i have demo acc. on iq option and now im here to get some stuff how to trade in best way..
i have found this:
https://www.youtube.com/watch?v=UtiFWhhPBqo on youtube and im trying this on for now im making some money but im not 100% that it works did anyone tried it out?
thanks for all answers!
sorry for my bad englis...
have great day!
PS: is binary option money maker or not? can u do some side money per month? i want to hit ....200 to 500€ per month? is this posible?
Comments
Drop Martingale as if it was a needle infected with HIV.
Brokers love you to use Martingale so you could quickly empty your pockets.
It's not a proper money management. You can't just use RSI and Martingale and make money.
You need to understand how the indicator works, understand how to read charts properly and use proper money management.
I suggest you get familiarized with moving averages:
http://www.binaryoptions.net/a-look-at-moving-averages-for-binary-options/
There are no "magic winning strategies". So, you must learn price action, we have many articles and guides on this subject, search for them on the main page but here are a few:
This one I wrote for advanced traders but I just want you to take a look to give you the "aha, so this is what it takes to be profitable":
Price Action strategy
Also check out Michaels articles on expiries and candlesticks for example:
http://www.binaryoptions.net/blog/michael-hodges/
Please, check these materials to improve your skills: our blog (https://blog.iqoption.com/en/) and our educational section (https://iqoption.com/en/tutorials). Also, if you have any further questions, please, contact our Support Team: https://iqoption.com/en/contacts
IQ Option Support Team