Thursday, April 25, 2013

Binaryoptionstradingsignals 4th show

So the two weeks of testing are up and it is time for me to summarize my feelings on the service.

The first thing to reiterate is that this is not a ‘conventional’ signal service in the vein of say Binary Options Pro Signals. You don’t receive ‘blind’ trade recommendations to simply follow in your account. Yes, you will be given signals, but you have to commit to the trading session each day and there is an element of ‘trading’ involved. While you are alerted to potential opportunities, how you interpret them and the number of ‘trades’ you make will be down to you. 

Therefore it is difficult to draw a direct comparison between these two different styles of service.

YOU have to enter the signals when given, YOU will have to decide if you want to place single or multiple positions and YOU will have to be prepared to manage your risk. As mentioned this means following a Martingale approach of doubling up your trade contract values following a loss. Possibly even three times. Consequently you will need a strong stomach. (As a note I only ever encountered one ‘third’ candle trade (doubling up twice) and a couple of second candle trades (doubling up one). Of course you don’t have to follow this approach. You can use fixed stakes on each position but your gains will be slower.

This all means that you have to watch, learn and listen to what is being said. The point I am trying to make is that not all people can or are prepared to do this. If you can’t do these things don’t bother using this service – you will quickly end up blowing your account.

However if you can follow the instructions provided you can make very good money. Take the first week to just sit back and absorb what is happening and demo trade. There is nothing so technical on offer that means new traders to binary options cannot profit from using this service. 

Everything is explained and if you don’t understand then you can ask. Franco is on hand throughout the trading session and will answer questions and provide some enlightening insight on how to trade in between signals. Franco’s is someone who seems to have a good understanding of the markets and an enthusiasm that is nothing short of infectious.
 
There is really little more I can say. If you like the sound of it, sign up and give it a go. 

The fact that I have signed up for an additional two weeks to trade one of my personal accounts should give you some indication of my views on this service. And you won’t get a much better endorsement than that…

Why you wait start now

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