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Best Binary Options 2017 IQ Option vs Redwood Review Blog Best Binary Options 2017 IQ Option vs Redwood Review Blog. As discussed in my previous article, traders need to know how to react when losses occur and most importantly; how not to get greedy when that sweet winning streak happens. The main premise of trading psychology is that the calmer you are, the better you trade. As always, consistency is key. So, how does one make sure that their capital remains intact, while potentially turning a reasonable profit? This way they can remain in the game for quite sometime, then just choosing to quit after a month of indulgence.
The problem with that approach is that as much as you are bound to win a few trades, the markets can go against you longer than you can stay liquid. Traders who start off using a demo account never truly get the feel for the real conditions that await them on the other side of the coin. The Martingale method dictates that traders should double up on their next trade in a desperate attempt to recoup their losses. As long as a trader sticks to the game plan, the thrill of luck is eliminated. The problem with the scenario above is that the player will be running on pure luck. Greed is also one of the main mistakes traders naively make. There is a common denominator among most beginner traders, which is that most of them start trading in order to deviate from their average daily routine. The thrill of trading is all fun and games until you start losing your capital, however.
Instead of actually keep on playing the market, they ask for withdrawals and end their trading career. Instead they should plan their deposits in multiple phases. Safe Zone method is not to be trusted! Low Minimum Deposit Broker page. Verdict: Safe Zone method is a SCAM! On other sites, such as Bestbinaryoptionssignal. Free Demo Account, TradeThunder. Safe Zone method decided to hide behind a false identity that cannot be confirmed anywhere.
Thank you for taking the time to read our Safe Zone method review and remember to comment below if you have anything to share! For now please Google search them really well, and try to see if any other sites exposed them. Safe Zone method and what not but I can agree with your statement on this Bestbinaryoptionssignal. We trust the truth will go viral and our goal is to put scams like this one and the previous one we reviewed, Coffee Cash Cheat, out of business! English, and a hidden agenda. In conclusion I just wanted to thank you WatchDog for your continuing effort to reveal these so dangerous scams that are creating so many victims. Based on some of the emails we received in the last days, we do know that Safe Zone method is being heavily promoted by email marketers.
You always post the warnings just in time, the crooks from Safezonestrategy. If you know of other binary options traders who may be in your social circles, we encourage you to share this review with everyone who may be on their target. If you search for a Tony Flanagan on Google, LinkedIn and Facebook, you will not find any reference to this guy dealing with online trading, excluding on the fake sites and the swipes sent by email marketers who are promoting the Safe Zone method. The voice actor in the video states that this software has the ability to learn from losing signals and improve in time. Thank you once again for warning us of scams like this Watchdog! Hopefully people find your review and sign up with a real offer like Dow Jones Focus Group instead. Safe Zone method on BO Spot! Doing some research can save you a lot of money, in this case we decided to save you some time.
Thank you WatchDog for warning us about this scam service! Appreciate your review WatchDog! Guys do not fall for this scam! The Safe Zone method seems more like a method to steal your money! Artificial intelligence in BO. Safe Zone method is a safe method to lose your money! This kind of technology would require a software, programmed to use artificial intelligence! Broken English is often a good sign of a scam. Thanks for keeping us safe watchdog!
Trade duration should be for next candle, meaning you should be opening 5 minute trades on M5, 15 minute trades on M15 and so on. We try to avoid situations where the price is above a long time high or below a long time low. You are looking for a place where the price struggled in the past. Following information will help you to find only the best trading opportunities and it allows you to keep your win ratio in green numbers. Some unexpected movements could spoil your trade. The best trading opportunities come when there are swings in the market. Iris method is really powerful tool if you know how to use it. You want to be looking for scenerious like the number 2 on the picture above. This indicator helps you to determinate where is the current trend going. Supports are zones where the price bounced up and resistances are zones where the price failed to break higher and bounced back down. It always depends on current circumstances.
Try to avoid trading around important economic news releasing. An arrow appeared just as it was meeting a zone, meaning the market was highly oversold even before it got to the zone and therefore a correction was likely. Iris arrows come in 3 different colors by deafult: white, orange and red. There is decent chance that this is the beggining of a break. Have a look at situation number 1 in the following picture. You have to stick to the rules and be consistent. We switched to M5 and grabbed a shorter 5 min call.
These levels should be used as a guidence in our method. The arrow is on the candle which is below the blue zone. Remember that if some candlestick patterns occures it helps you to recognize a good trade opportunity. Just as with any other method, you will see some bad setups win and some great setups loose. We usually stay away from market 30 minutes before and after the news are released. Our method is based on reversal princip therefore we recommend you to avoid trading when the market is in strong trend or in breakout as you can see in the first picture. White represent the weakest signal, orange a stronger one and red arrows represent the strongest signal. See the example below: market met support zone on M15 timeframe but there was nothing interesting happening on the chart.
Regular swings are ideal. Drawing the most important zones on higher timeframe is a good idea. If you want to be a conservative trader you might want ignore the white arrows completely. The more the price creeps to one side of bands, the more likely is a corection to happen. Try to avoid situations when an arrow appears a few pips above or below a zone. In the following picture you can see three zones which we drew. The trade should start after the candle with arrow is closed. We recommend to look for medium and high impact news. We also recommend you to check lower timeframe.
You need to choose a balanced money management, which will allow you to both survive losing days and stay profitable in the long run. These levels are important for the future because at least small corrections tend to happen when the price retests them. You can trade on any timeframe you like however we usually trade Iris on M15 and M5 timeframe.
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