UPDATE: Woh! Sorry! In the video, Mike said the profit on each trade was $250 for a $500 at 70% return ($850). I hope everyone sees here that the profit was actually $350! Our profits were 6 wins minus one loss which turns out to be $1600!
We had a great few days trading here and we made some serious money. We went from about a $13,100 balance to over $15250 in 5 minutes with a strategy which we like to call “riding the trend.” We then managed to push us over $16,000 with going back to our more conservative binary options strategy which we will discuss maybe in next few posts.
So here’s the video of how “riding the trend” make money online strategy works when trading binary options. The idea is to catch a huge market swing – and this can happen very fast especially when trading currencies and even more so when trading 60 second binary option cycles. (Read on below this video for some more information about this options trading strategy)
We generally like to trade EUR/USD because on any given day there are pretty big fluctuations in the currency. Throughout the day when monitoring the currency, you really get a feel for the movement. This really just comes with binary trading experience and having a lot of different charts open. In this video we catch one of these binary trends and hammer away at him. The idea is to continue to purchase calls or puts, in the case of this video the trend was down so we purchased calls, until you loose out on one of the purchases. This usually means that the trend is over and there is going to be a swing in the other direction, or it may level out.
Obviously, this is a more risky way of investing, but sometimes you take bigger risks and the rewards are huge! So I hope you guys enjoy this one.
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