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Binary Options Robot

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General Risk Warning: The financial services provided by these websites carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Your Guide in Binary Options


If you’re new to the world of binary options trading, there are many doors open before you. Binary options are exciting, they have a lot of potential for you to make money, and they are fun. But, traders in Singapore need to be cautious, too. While trading has a ton of opportunity associated with it, there’s even more risk involved. The truth is that a majority of traders lose money, especially when they are first starting out.

This doesn’t need to happen to you! If you’re starting out as a binary options trader, our easy to use guide will give you the basic information that you need to be a profitable trader.

Understand the Risk of Trading Binary Options

As exciting as it can be to trade binary options, you must be cautious. There are many risks that will come about as you are trading such options. You must be aware of these risks so you understand what you can get out of options. The problem with many of these options is that they are too difficult to predict. There are many additional technical points about such options that have to be reviewed just as well. This is to help you get the most out

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How to Trade Binaries when you live in Japan

The binary options market in Japan is quite popular and has given rise to an increase in the number of brokers who have emerged to meet the needs of investors and traders. In Japan, all financial transactions including those in the binary options market are supervised by regulatory agencies. Brokers dealing with binary options in this country are closely scrutinized just like any other firms that have their headquarters in Japan. The watchdog agencies that perform regulatory functions in the financial market in Japan have forced

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How important is it to use a regulated broker?

In the recent past, the binary options market has experienced an increase in the number of regulated brokers. This increase is a result of concerns by potential traders who have been hesitant to deal with unregulated brokers. The fear of unregulated brokers came as a result of the existence of scammers who were able to disguise themselves as brokers. In the past, however, many binary options brokers were unregulated. This situation was subject to abuse. The issue of regulation was a result of efforts aimed at

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Start Trading the Copier

Singapore Binary Options Guide


First and foremost, there are several factors that will influence your success (or lack of success) when it comes to trading. These include:
Your broker’s reputation
Your profit/loss rates
Your ability
Market volatility/predictability
Risk
Bonus cash

Broker


You have more control over some of these things than others. By focusing on the ones that you can control the most, you can bump up your chances of success a bit. The first thing you should look at when starting out is your broker. You don’t have any control over the broker’s dependability, but you do have control over which brokers you use. There aren’t many scam sites out there, but they do exist, so be careful who you use. If you do your research, you can avoid them completely. Again, spending an hour doing some research can protect you from falling for a scam site.

Make sure that your broker is regulated to do business in Singapore, too. You can accomplish this by looking over the broker’s site, making sure
that they are regulated, and that they have positive reviews from others on independent trading sites.

Rates


The higher the profit rate, the better. If Broker A offers a 78 percent return on trades, and Broker B offers 80 percent, Broker B is always better, as long as all other things are equal. Over the course of a few months, just a single percentage point can equal thousands of dollars, yen, or whatever else you might be trading. For this reason, spending a few hours looking around at different brokers is a huge benefit to you.

We can back this up with math. Let’s say you make 1,000 trades over six months at $100 each. If you are right 65 percent of the time, you’ve made 650 successful trade. With a profit rate of 78 percent, you’ve made $50,700 in profits, while losing $35,000. That’s a total profit of $15,700 in that timeframe. Not too shabby. But, if you bump up your profit rate per trade to 80 percent, that total number at the end of six months will now be $17,000. No extra work was done other than finding a rate of return 2 percent better. With all of the binary brokers doing business in Singapore right now, this should be a pretty easy task.

Ability


You might be surprise that your ability as a trader only ranks number three on our list of ways to improve your profitability. But, that’s how it is. You don’t need to be a master trader to be a great trader. There are so many tools out there that you can use, like Binary Options Robot, various signals services, social trading, and more that to be a good trader you simply need to be alert and studious. Yes, you should master the basics when it comes to technical and fundamental indicators, and you should know how to trade the news, but these are basic level skills. Using these plus your knowledge of what’s out there will help you to be a strong and profitable trader, even if you never learn how to calculate Fibonacci sequences without a computer.

We do encourage you to keep learning, though. There are many Singapore-based brokers out there with vast education sections. Use these to keep growing. A strong trader is always expanding his or her skill set.

Volatility


Volatility is the unpredictable ups and downs that the market brings. Even with a single asset, different market conditions can affect the speed of movement and direction differently when it comes to its price. You’ll even find that with many assets certain times of day are easier to predict than others.

Volatile markets are tough to predict. They can move fast and they’re unpredictable. This is both good and bad, as you might have guessed. Most traders want predictable markets, especially in the binary options market. Binary options have a set profit rate, so predictability is a good thing, even if it’s not too exciting. If you were trading CFDs, you would want big jumps in movement so you can secure better profits, but with binary options, even a fraction of a penny movement in the right direction is profitable to you. Predictability is your friend long term, and steering away from volatile situations is helpful. Some traders compensate for volatility with ultra short term options, like 60 second options. These are advanced techniques and you should wait to use them until you’ve gained some experience.

Risk


Risk is how you respond to volatility. You can manage risk by know what your chances of success are, and then making the appropriate trade based upon that knowledge. There are a lot of tools out there that you can use, such as the Kelly Criterion, accounting strategies, and diversification. What it boils down to though is that all profitable traders need to address risk and compensate for it. If you want to make money in binary options, you will need to do so, too. If you don’’, eventually this risk will get the better of you and you will lose money.

Bonuses


You should not be focusing on bonuses at all. Yes, they do have the potential to help you, but what we’ve found in our experience with all the reviews that we’ve done is that the practice of offering bonuses to traders is disappearing amongst the strong and reputable brokers. Now, it is mostly unregulated brokers that have bonuses available. Unfortunately, the risk of going with one of these is just too much to justify chasing a bonus. Even though they seem appealing, they are far more trouble than they’re worth.

Successful Binary Options Trading in Singapore


Binary options trading is risky, and it is possible to lose a lot of money trading. We don’t want that to happen to you! Singapore has been blessed when it comes to binary options trading because of the sheer amount of choices that traders here have. A new trader can easily be overwhelmed by this, so if you’re new to this type of trading, be sure to go over our guide if you have any questions. We’ll steer you in the right direction. Feel free to go over our site. Our goal is to answer any questions you might have right here.

Binary Brokers to Work With


Binary Broker MIN. DEPOSIT RETURN MIN. INVEST RATING Trade Robot Review
Open a Free Account with the Binary Options Robot

Binary Options Robot

$250 89% $5 4.8 TRADING N/A Review
Begin with 24Option

24Option

$250 88% $24 4.9 TRADING N/A Review

General Risk Warning: The financial services provided by these websites carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.