If you’re serious about learning about trading derivatives, then you’ve probably come across certain traders claiming that they’ve increased their money about five times. They prove this by posting screenshots of their supposed money, of their Binomo account, and then they try and sell you their courses and books or whatnot. There’s a lot of those boastful statements out … [Read more...] about Increase Demo Account Balance In A Week on Binomo
It is usually recommended to trade when the market is trending. Especially if you are at the beginning of your adventure with trading. The reason is that a ranging market is difficult to read and interpret. It is much harder to predict whether the price direction will move up or down in the nearest future. Ranging markets have some potential to be useful nonetheless. They … [Read more...] about Guide to Trading Using Pin Bar Candles together with the Bollinger Bands Indicator on Binomo
Are you familiar with the different types of candle patterns? There are many, many different types, but you have to know the most important ones that you're going to need while trading. Of course, this depends mainly on what kind of trader you are. For instance, if you're a price action trader, it's best to learn all about the tweezers top and the tweezers bottom candles … [Read more...] about How To Trade Using Railway Tracks Candles Pattern on Binomo
There are many different strategies that you can use while trading on the stock market and one of the easier strategies that you could implement on Binomo is trading candle colors. The main objective when using this strategy is to simply identify a large-bodied candle and trade based on the color. The candle needs to be large-bodied because it indicates that the price … [Read more...] about Guide For Trading Candle Colors Using Martingale System
Is the Martingale Strategy Suitable for Money Management? If you really want to do sustainable trading for a long time, your best bet would be to employ strategies and techniques that will help you with money management. Simply put, successful trading isn’t just about increasing your winning trades – it also has a lot to do with minimizing your losses. If you keep losing … [Read more...] about Can You Use The Martingale Strategy For Money Management In Trading?