My Forex Journey
Frank here, I’ve been trading Forex for a couple years now. Was I profitable when i started? Barely… which is still better than 90% of the traders that blow their accounts within the first 10 months.
I’m somewhat of a conservative with my trading and only trade when all conditions are perfect. Guess that’s why I’m still surviving. But like most of you, I came into this business to make MONEY… BIG MONEY! I chopped and changed my strategy around to find the Holy Grail, tried a bunch of courses that promised me just that… all with no success.
I’m going to let you in on a secret… there is NO SECRET! I’m telling you now if anyone promises you a foolproof strategy that never loses or some miracle “expert adviser” that does it all for you, they’re lying. There is no such thing as the perfect strategy.
How to Be Successful At Forex
Forex is about PROBABILITY. I absolutely GUARANTEE if you ask any successful trader, they’ll tell you about the losses that made NO SENSE. The indicators and signs were all pointing in one direction, yet they still lost.
Forex “Strategies/Systems” are really just methods that “gurus” have come up with to take trades with the highest winning ratio. This combined with good money management will lead to success, and yes the MONEY that you’ve always been wanting.
Have you ever been in a Forex trade that runs 10, 20 or more pips in your favor then turns back and hits your stop loss? Leaving you with a break even trade or worse, a LOSS. Nothing is worse than a winning trade turning into a loser. Trading Binary Options allows you to profit simply by getting the direction correct. Whether the market is 50 pips or 1 pip in your direction, you come out with a predetermined profit!
What Are Binary Options?
Trading Binary Options is quite a simple concept, you choose if an asset is going to go up or down within a set amount of time, and if you’re correct you get a fixed payout back in the region of 180%.
The only problem with trading binary options is if you don’t know the markets and how currencies perform throughout the day, then in can involve a lot of guess work – which is the equivalent of you going to the casino… BAD idea.
It’s not very often that a product from a small company can make such an impact, but that’s exactly what a small UK based agency had done by developing Option Bot. This program won’t bank you money on autopilot but it WILL give you the greatest edge and bring you the highest probability trades. And then it’s all up to you to pull the trigger on the trade.
The reason why this Option Bot is great is because it minimizes the human error in money management. And TRUST me, every successful Forex trader will agree; poor money management is THE biggest account killer. Too many times have traders lost profits or made losses because they didn’t know when to close out a trade. When trading binary options you take the same profit regardless if the market is 50 pips or 0.5 pips in your favor. And with the help of Option Bot you now have the HIGHEST odds of choosing a trade that will move in your favor.
Why Option Bot Gives You The EDGE You Need To Win
Option Bot is the worlds most accurate indicator for currency pairs, and is exclusively designed to work with binary options platforms. It looks for significant upward and downward trends, and then alerts the user as to when this occurs. Allowing the user to then place an “informed” trade which is statistically more likely to win.
It has the most advanced financial feed data of it’s kind which can cost around $540 a month if you were to purchase a single user license for yourself. But they manage to deliver this feed to users for free for up to 7 days before having to purchase a license which only costs $97.
This is so important because the biggest downfall of independent traders that are starting out, is that feeds cost between $500 and $2000 a month from all the main sources, so unless you’re trading upwards of $3000 a month profit your fighting a losing battle.
When using Option Bot, you have 2 main parameters that you set on the software, tolerance (which is basically the same as PIPS) and time frame (between 1 minute and 1 hour). The software basically looks at the settings you’ve decided on, so lets say you set it to 30 pips in 10 minutes, if it sees any upward or downward movement in 10 minutes of that size, it will tell you where and when this happened.
If you didn’t know already in the currency market or any market for that matter, there is always a buyer and a seller. If you see the market move 30 pips to the upside this means it was bought for 30 pips. This means whoever bought it (assuming they actually want to make money) will sell it to book a profit.
In this case for the market to move 30 pips in just 10 minutes, the “smart money” (banks) are probably behind it. I won’t go into what happens behind the scenes but when the banks create a large spike/move, it is to induce retail traders (you & me) to buy or sell. They will then accommodate (buy or sell) those orders and run the market in the opposite direction. (This is usually the moment when we explode because our stop loss has been hit and the market runs off in the opposite direction) By using Option Bot we can take advantage of this spike and RUN WITH THE BANKS! When the 30 pip spike occurs you will get signaled and then you simply take a trade in the opposite direction. Congratulations you just beat 90% of the market!
Once again, by minimizing your errors with money management and maximizing the probability of a winning trade, Option Bot will be your key into successful trading. Also for more experienced traders, when trading binary options there are no re-quotes, no slippages and no leverage or margin requirements to content with. There are also no margin calls.
If you don’t like to take any risks, affirmative action or you give up easily then this program is probably NOT FOR YOU. Yes you will make a loss, but every business has costs. A loss from time to time is our cost of business. And it’s a tiny one at that, TRUST me. The demo video of the software below shows the creators of the software making $1622 in just 45 minutes, by trading across 5 platforms simultaneously thanks to the software interface and feed accuracy.
Sounds too good to be true? That’s what I said, but there’s a safety net I thought you might find comforting. A 60 day “No Questions Asked” Money Back Guarantee! If after two months of using the Option Bot and you’re not profiting by the end of those 60 days, ask for your money back and you can continue on with your life… which I doubt will ever be the same again. Option Bot is free for the first 7 days too, allowing you make more than enough money in the first week to purchase the lifetime user license for just $97. If you want to retire from that 9-5 job and start a better life with financial abundance… this IS for you.
Check out Forex Tester 2. This program will help you to back test, forward test and formulate the perfect strategy for your trading.
Frank - Fellow Forex Trader