Discover How Binary Options Trade Can Save Your Account

https://www.youtube.com/watch?v=ivwZVEQY43g
Discover How Binary Options Trade Can Save Your Account
The binary options trade can easily save your account from financial ruin. In fx online trading programs understanding the management of risk can be the utmost of importance. I would like to show you a very simple example how you can use the power of binary options to propel your trading to new heights, and avoid the pitfalls that is normally associated with traditional forms of trading.

First I would like to share with you a little background on how I discovered the binary options trade and how it has impacted my trading career. I have a friend that I met, I will call him ‘Marc‘ (obviously Marc isn’t is real name, that is done just for his privacy). Marc is a CTA (Commodity Trading Advisor) and I was introduced to Marc by a mutual friend. Marc one day made an offer to come to his house and see him trading. Of course I jumped at the opportunity. Marc was showing me how he uses options to hedge his risk. I thought that this was so unique has I have never heard of the Binary options trade before. He showed me how easy it was to buy a put or a call in the direction of the market he thought it would go.

What was amazing is that unlike traditional stock option or options it expired at the end of the hour, and he would make 60% or more on his money in that hour. I was hooked because All I had to worry right now is my entry order, and then sit and wait. I didn’t have to worry about stops. Because of this new enlightened way of trading I pulled my money from my Scott Trade account and found that quickest oanda currency converter and I was off to the races.

One of the major problems fx online trading presents is that you can be correct in your direction in your market to be stopped out with little or no money. I remember when I bought the EUR/USD when it shot up 40pips and I thought the price would keep climbing for the sky, to be disappointed when it quickly spiked down and hit my stop. I walked away with a 10 pip gain. I mean it was a winner but I waited 3 hours for that move, and now I only had 10 pips to show for that, and I was lucky. When the market is very volatile it can spike 50, 100 or more pips in a single session. The binary options trade keeps me safe, because they expire on the hour. So I always sleep tight.