how do you trade 5 minutes successfully
Kopehn
Posts: 3 ✭
pls can some one gimme a tip on how to trade binary option in 5 mins sucessfully
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Yes, learn price action. For 5-10 minute expiries, use M5 timeframe, trendlines, support resistance lines, RSI or Stochastic is good too.Kopehn said:pls can some one gimme a tip on how to trade binary option in 5 mins sucessfully
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How does it work
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Read our blogs and strategy threads.Ajibola102 said:How does it work
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It is really hard to trade on the 5 minutes timeframe but on the binary options market, you are compelled to trade on the lower timeframe as it is a form of scalping or day trading. If you have a money management plan then you can get success here!
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Please am new I don't know how to trade
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Good day family I'm new here, i also don't know how to trade. Can someone help me please
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This is the forum where people discuss about the trading someone asked how to do trading in 5 min in order to be successful, and people who have an experience in the field are interacting with person need help with the trading, these kind of article are informative and allow newbies to learn new things.
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Indicador time rush
This is the best indicator to do trading in 5 min in order to be successful. in the website her have much deployments people's real. -
Although it is relatively hard to trade in such a short time frame, it is not impossible. You just need to train yourself for such way of trading. You can find on this forum lot of interesting ideas and comments regarding trading and strategy and also ask concrete questions. Happy trading!
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This technique is challenging but I was always wandering how really people are profitable with such trading technique. Maybe I am a bit old school, but for such profitable trading you would really need high volatility and very low broker spreads. Am I right, or?
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I would suggest you to follow Okane`s advise and make a strategy based on price action. Try it first on a demo account as it is not so easy to trade, but it might be good way to make some extra profits. Good luck and don’t forget to inform us what you have done
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thank u guys 4 the info
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inspires, why do you post empty messages all over the forum?
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Since you have a short timeframe, rely heavily on technical analysis. Use indicators such as moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and candlestick patterns to identify potential trends or reversals.
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I better suggest we have to practice and practice makes us perfect because some also choose 60 seconds too however if you don't know what you are doing then you simply gambling or its merely a suicide in my opinion.
