How can a binary options trader always be on trend

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7 Binary Options

With so many different binary options trading software systems and applications from which to choose, how does one determine which ones are actually trustworthy? You never want to invest your money on a system that turns out to be a scam.

To prevent this from happening, you should always take the time to conduct some online research about a system before signing up with one of their brokers. Always read online reviews, other than the testimonials on the product website, which tend to be extremely biased.

Trend Trader is a new automated trading system that claims it can accurately predict at least 110 accurate trades a day and earn their users thousands of dollars in just days. Is Trend Trader one of those more reliable systems or just another scam? Read our Trend Trader review for more information.

Basic information:

Cost: Free
Software: 100% Automated
Max Returns: Up to 86%
Minimum Deposit: $250
Countries: All nations

– Trend Trader is 100% automated
– System is easy to useSystem is easy to useSystem is easy to useSystem is easy to useSystem is easy to use

– Customer service does not respond to emails
– Sales page does not give enough company info
– Unclear withdrawal process
– Winning percentage is not realistic

7BO Verdict:

Not Reliable Service

What is Trend Trader?

Trend Trader is a completed automated binary options software program that claims it has a success rate of 93% and can earn its users thousands of dollars in just days. They claim that they have a series of complicated algorithms that can both analyze and predict trading trends. However, we know from experience that even the best trading systems only have an accuracy rate of 85% at the most so we feel that the results promised by Trend Trader on their sales page are just not realistic or attainable options software program that claims it has a success rate of 93% and can earn its users thousands of dollars in just days.

They claim that they have a series of complicated algorithms that can both analyze and predict trading trends. However, we know from experience that even the best trading systems only have an accuracy rate of 85% at the most so we feel that the results promised by Trend Trader on their sales page are just not realistic or attainable.

Screenshot

How does it work?

To be able to trade with this system, you must create an account with Trend Trader. Next, you are set up with a broker of their choice and you must make an initial starting deposit of at least $250 before you can begin trading. The system is automated so it will place trades for you. It claims to accurately predict 110 trades a day and earn daily profits of over 4 grand per trader. We have yet to see proof that anyone has actually earned this much money.

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  • Binomo
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    2 place in the ranking!

If the system produces any profits, you will be able to withdraw your funds. The procedures for this process vary by broker and we were unclear as to many of their guidelines. We saw a great number of online complaints from traders who were unable to withdraw their earnings. If fact, the majority of them claimed that they did not earn a profit and were lost their initial deposit as well. They could not get an answer from Trend Trader’s customer support team as to what happened to their funds.

Final Conclusion: Is Trend Trader a Scam?

Upon our investigation, we cannot recommend Trend Trader as a reliable or safe trading system. We advise our readers to look for a system that has produced proven profits. The lack of unbiased reviews and the vast number of customer complaints regarding this trading system leaves us with a bad feeling about Trend Trader. Proceed with caution if you chose to sign with this service.

Binary Options

What are binary options

A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It’s called ‘binary’ because there can be only two outcomes – win or lose.

Advantages of binary options trading

Aside from the simplicity of its ‘yes or no’ proposition, binary options trading is also very flexible. It gives you the ability to trade:

  • All markets

Trade on underlying markets that include Forex, indices, commodities, and more.

  • All market conditions

Predict market movement using up/down, touch/no touch, and in/out trade types.

  • All durations

Take a short-term or long-term view with trade durations from 10 seconds to 365 days.

  • All payouts

Earn payouts up to USD 50,000. Losses are limited to your initial stake and nothing more.

Why you should trade binary options with Binary.com

Enjoy an award-winning online trading platform with trading conditions that are ideal for new and experienced traders.

Award-winning online trading platform

  • Simple and intuitive
    Enjoy a trading platform that’s easy to navigate and use
  • Instant access
    Open an account and start trading in minutes
  • Available 24/7
    Trade when you want. Our Synthetic Indices are available even on weekends
  • Patented technology
    Trade with the industry pioneer and holder of a patented pricing technology
  • Security and privacy
    Trade confidently, knowing that your personal data, transactions, and funds are always secure

All conditions and durations

  • All markets and conditions
    Trade currencies, indices, commodities and more in rising, falling, sideways, quiet, and volatile markets
  • Short to long-term durations
    Choose timeframes from 10 seconds to 365 days

Competitive and transparent pricing

  • Sharp, benchmarked prices
    Receive prices that are benchmarked against interbank rates
  • Transparent risk and potential reward
    Know how much you will win or lose before you purchase the contract
  • Protect your profits
    Sell your long-term contracts before expiry to protect any profits you may have made or to minimise your losses
  • Two-way pricing
    Receive quotes for a trade and countertrade, so you always get unbiased, transparent rates

Ideal for new and experienced traders

  • Low minimum stakes
    Deposit as little as USD 5 to start trading
  • Trade according to your preferred strategy
    Trade based on “gut feel” or rely on technical and fundamental analysis
  • Flexible
    Choose from over one million possible trade variations at any time, and customise your trades according to your preferred strategy
  • Scalable
    Earn the same proportional return on stakes of all values

How to trade binary options

Binary options trading is relatively easy. You can purchase a contract in just three steps:

7 Binary Options

Now that you are becoming an expert at identifying trend lines and how they work, it’s time to take the next step and learn how to use them as part of your binary options trading strategy. If you learn how to do this efficiently and accurately it can lead to very successful binary options trading, but the opposite is also true and not knowing how to use trend lines strategically can lead to making many poor binary option trades.

Why is the use of trend lines a good strategy move for trading? That is because trend lines are a very useful and strong indicator tool to identify price movement; this is extremely important in binary options trading because you will win or lose on your trade based on the way the market trends after you place a put or call. Trend lines are also very useful in identifying both undersold and oversold conditions too. Remember that you will place call trades in oversold markets and put trades in undersold ones.

Many binary options traders regard trend line strategy as simplistic and feel they require little knowledge to use, but assumptions like that can get you making bad trades in no time and keep you from making the profit that you should be if you knew more about trend line strategy. This is not only true for trend line strategy, the more in depth knowledge you have of analysis tools and their use, the better chance you have at being a successful trader in any market.

Don’t confuse the simplistic nature of binary options trading with being easy to predict, that is hardly the case. So even though they involve just correctly picking the right direction price movement will go over time, there is still a lot of analysis and strategy that goes into this win/lose only situation. That is why successful analysis using trend line strategy is so important to making your binary options trades profitable.

There are two key concepts that need to be introduced to you in regards to trend line strategy; they are support lines and resistance lines. Support lines have to do with a line that is drawn through the lower end of price extremes. As you can probably guess, resistance lines are drawn through the upper ends of price extremes. A support line does just that, it indicates that it would be very unusual for a price to fall below that level. A resistance line means that it would be very unusual for price movement to go above it.

The space in between these two lines is what has become to be known as the price channel. Most traders will assume that only on the rarest of circumstances will price break out of the price channel in either direction. That is why many binary options traders will place put options when an asset price gets close to a resistance line and call options when an asset price gets close to a support line.

Simplistic yes, but it is a strategy that proves to work on a regular basis.

Start trading now by opening a FREE account on one of our recommended brokers.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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