Hirose News|June 23, 2014 2:31 AM

General tips for trading Binaries


General tips for trading Binaries

  1. Always have a strategy (this applies also to trading FX)
  2. Have a good technique to predicting where the market is going (we have talked about trend following before but there are many other methods.
  3. Watch for a trend - its more difficult trading against a trend.
  4. Watch out for big spikes in the market - it tends to normalise (retrace) after a period of time and this can lead to opportunities.
  5. Keep an eye on the Economic Calendar - some announcements will cause significant volatility and you may need to adapt your strategies.


Remember, one of the great advantages of trading Binaries with Hirose UK is that you can trade out of the market before the option expires!!


If you haven't tried Binaries yet just go to Free Demo  https://staging.lionbo.hiroseuk.com/demo/


You can start immediately by just clicking 'LOGIN' at the top and get FREE $10,000 demo money to play with before you commit your own funds.


    Happy trading!