5 Minutes Trading Strategy ¦ Binary Strategies in South Africa

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5 Minutes Trading Strategy

Trading binary options in South Africa usually seems daunting at first to the beginners. The entire rules, strategies, technical analysis and other elements included in trading normally seem difficult and confusing. So, if you are in such situation, the good way to begin your journey on binary options market is a 5 minute trading strategy.

In fact, if you are planning to invest online for the first time you need to go for 5 minute trading strategy as it might be a way that will increase your chance of profit. You are going to get better understanding of the preliminary technical indicators which you need in order to increase your chance of making profit.

Hence, it is the strategy designed for easy introduction of the platform for beginner traders on binary market.

Another excellent thing you need to know about the 5 minute trading strategy is that it gives traders opportunity to maximize their transactions in each section. The analysis required in the trade is expected to be carried out by trader in one minute chart while the execution is carried out within 5 minutes.

That is why it is called the 5 minute trading strategy.

Maximize Your Profit through 5 Minute Trading Strategy

The truth is that you need to maximize your profit while trading with 5 minute trading strategy.

Make sure you find out the most suitable platform where this strategy will be applicable so as to increase your level of profitability. But, there are many trading platforms and systems in South Africa that you can easily utilize when you are operating with 5 minutes trading strategy.

Since you are just a beginner in binary options trading you can try out automated trading tools which are offered online for free to all traders. There are many more platforms through which you can maximize your trading profit but you have to research online to find them out. South African traders do not have to bother as there are lots of available platforms for them.

How 5 Minutes Trading Strategy Works

Now as a beginner in binary options trading you may be asking about how the strategy works?

5 Minute Trading Strategy requires two basic tools to work effectively and yield good results. These two requirements are charts and oscillator.

The chart usually shows movement of stock price as well as your own trade. The oscillator works alongside the chart displaying the visual progress representation, increase and decrease of underlying stock from the first minute to the fifth minute.

So, these are the ways 5 minute trading strategy works and you need to understand it in order to increase your chance of making profit in your trade on any platform and trading system you selected.

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The Three Steps You Need To Take In 5 Minutes Trading Strategy

After understanding how 5 minute trading strategy works on binary market, you need to understand the steps involved in making use of this special and unique strategy. You must be able to complete the three simple steps involved in this trading strategy in order to stand chance of maximizing your trading profit.

The first thing you need to do while trading using this 5 minute trading strategy is to select the particular asset you would want to trade with. In this step you need to select only the asset you have knowledge about the price movement or the market trend.

The second step after selecting the assets you would like to trade is to go on the internet to choose your preferred charting system.

After that the third step is to make use of open-high-to-low-close bars already available in 5 minutes chart. Each of the bars has period of 5 minutes, and after the completion of five minutes, the bars will indicate whether there is increase or decrease in price of the asset for you to either Call or Put in your binary option trading.

Reduce Your Trading Risk

The truth is that there is still some element of risk associated with your trade even when you use 5 minutes trading strategy. So, you must look for a way to reduce your risk level so as to maximize your trading profit.

Depending on the indication on the bar, you will decide whether to go on the Call option or Put. The Call option means that you are predicting the price of the underlying assets to be above set strike price within the expiry time. You can also buy Put option which simply means the opposite of the Call option.

You must be very careful not to make mistake while deciding whether to go for call option or put option as that will determine your profit or loss in the trade.

Some Rules to Profitable 5 Minute Trading Strategy

There are some certain rules that guide 5 minute trading strategy which you need to be mindful of before going ahead to trade with real money using the strategy. In general, you should only select the asset you are sure of the price movement and the market trend.

Also, ensure that you confirm the reliability and trustworthiness of the broker you want to contact for binary options trading using this short term strategy. This is because your success through 5 minute trading strategy partly depends on your broker or the platform where you registered for an account.

Make sure that you find out more about the broker you are contacting or you want to open account with. Make sure that your trading account is opened with a legit broker on safe trading platform.

Also, make sure the platform you want to select for 5 Minute binary option trading strategy support such kind of trading and also accept traders from South Africa. These and more will help you enjoy profitable binary options trading journey.

Binary Options Strategies

BinaryTrading.co.za South Africa strives to become one of the best sources for traders in South Africa regarding trading strategies.

For traders to become more experienced and well-trained having on disposal a selection of different strategies is very important and efficient.

In this Strategy section, South African traders can learn more about strategies for beginners and also professional traders.

There are basic strategies, which are mostly used by inexperienced traders who recently joined binary options industry. On the other hand, traders can also read articles about intermediate and advanced strategies, which are used by pro traders to increase profits.

Binary Options Strategy Types and Rules

5 Minutes Trading Strategy

Binary Auto Signals Strategy

How to Avoid Rookie Mistakes?

What is a Trend?

How to Avoid Over-Trading in Binary Options?

Why it is Important to Have a Binary Options Strategy?

Having a trading plan is important segment of binary trading process since it can lead traders in South Africa to a profit gain if they have a clear vision of what to do next and how to trade binary options.

While some traders rely only on luck, it is far more wiser to have a strategy plan in order to know in which assets to invest in and what expiry time to choose.

Under Binary Strategies, we will provide our readers with different strategies, from those intended for beginners to those strategies, which will satisfy pro traders.

Such articles can be very useful to interested South African traders who want to benefit from binary options and are determined to achieve success by getting the most from binary strategies.

By choosing the right strategy, traders can experience great success when trading binary options.

This depends mostly about what type of a trader are you, do you prefer riskier trading or less riskier etc. All these elements are significant and therefore, we recommend our South African readers to check our Strategies tab in order to ge the latest info and useful articles to maximize profit.

5 binary Options trading Strategies for Beginners

Beginner South African traders can now start making lucrative income by utilising the trading strategies for beginners as discussed below. Throughout the internet, you will come across many strategies, but most are complicated and hard to understand. Below are the strategies for beginner South African traders to learn and apply easily, if they are keen to make more profits.

Triangle Strategy

The strategy is regarded to be among the best strategies that beginner traders can apply. Unlike similar previous strategies, this strategy is specifically for beginners. The strategy involves using the chart to get a triangle before trading. The triangle pattern displays an inevitable breakthrough price. Kinds of triangles are rising and falling, indicating price increase and decrease respectively. Traders can trade on price increase and decrease after understanding the pattern.

The 15 minutes strategy

It is one of the best strategies for beginners in South Africa intending to make quick profits. When using the strategy, South African traders are guided by a 15minutes timeframe. Candlesticks charts are used in this strategy and you only need to find 3 candles of the same color and wait for the rollback.

Diversification strategy

Among the 5 binary options trading strategies for beginners, this strategy relies on the market situation, the price of assets and market movements. South African traders can quickly get a good start if they use a good strategy. However, the traders of South Africa require a clear analysis and an organised approach. In all 5 binary option trading strategies for beginners, traders should know that all strategies can be applied in various moments and times. In addition, traders should mostly use the diversification strategy among the 5 binary options trading strategies for beginners as it enables them not invest all their money at once. To avoid losing high amounts at once, traders should get sufficient options to invest small amounts per trade and make 10 investments. This strategy allows you to trade continuously when making an unprofitable trade.

Martingale Strategy

This method is less risky and excellent for traders who are interested in taking slow and secure steps. The strategy works on the basis of doubling investments when the previous one fails. Traders can use the strategy even after winning, but they need to ensure that they are not overtrading. To utilise the strategy efficiently, you should first get an asset moving either up or down. The strategy can be combined with varies tools provided by their broker, such as market indicators.

The 5-minute strategy

The method is considered to be the easiest and entirely important for beginners. You do not require an understanding of binary trading when using the strategy, and its rate of accuracy is also high. When used appropriately, traders will gain from this method that can be applied in any market, anytime. As the name suggests, the method allows getting a position 5 minutes before the expiration time. However, you need to get assets moving in a steady direction and determine the highest value of the assets as it is the point of the trend reversal.

Conclusion

The 5 strategies are sufficient for beginner traders to learn and start trading in all market conditions, as they learn advanced strategies with experience.

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  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
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  • Binomo
    Binomo

    2 place in the ranking!

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