What does 'rebound line strategy' mean? Rebound line strategy is a term in investing that refers to the technique of capturing the moment where the price is no longer able to break the support and resistance levels. Support level refers to the area where the price is no longer falling, while resistance level indicates the area where price is no longer rising. Once the … [Read more...] about Binomo Platform: Rebound Line Strategy Explained
How To Identify Breakouts From Support/Resistance on Binomo
Identifying when price wants to break through support/resistance and the actions to take One of the most important skills that you should develop as a trader is how to identify support/resistance levels. By becoming equipped with this skill, you'll learn how to understand price behavior better. The best part of this is that knowing how to identify support/resistance can also … [Read more...] about How To Identify Breakouts From Support/Resistance on Binomo
4 Capital Management Strategies For Successful Trading
There's no such thing as risk-free trading. The truth is, trading always carries some amount of risk. Most of the time, traders have a 50/50 chance of losing or gaining in trades. Of course, the actual ratio depends on individual strategies and levels of experience, but it's undeniable that trading is a matter of luck as well. If you're trading on Binomo, you have the choice … [Read more...] about 4 Capital Management Strategies For Successful Trading
4 Worst Trading Mistakes That Can Wipe Out Your Binomo Account
Ask any trader out there and they'll tell you their very own horror story about how they committed the worst trading mistakes that resulted in almost, or in some cases, entirely, wiping out their whole trading account. That said, not a lot of traders are open to sharing their stories with the general public. After all, no trader would like to be known as the trader who lost … [Read more...] about 4 Worst Trading Mistakes That Can Wipe Out Your Binomo Account
Guide to Identifying and Trading with Trends on Binomo
Recently, I posted an article that talked about using Trend Level Signals with relative strength index (RSI) and support/resistance levels. After a couple of hours, readers started emailing me, asking “how do you spot a trend?” It’s a very good question, and often a neglected one. I feel that experienced traders do it naturally, so most of the instructions out there kind of … [Read more...] about Guide to Identifying and Trading with Trends on Binomo
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