Free Binary Bet Free £20 Binary Trade

Free Binary Bet

Free Binary Bet Offer

As promised, here is the link to get a completely Free Binary Bet.

You do not need to make a deposit to get the free Binary bet. Plus it’s £20 so a great offer.

All you need to do is open a real account.

Just go here now and sign up.

Binary Trading System

My partner and I have been working on my binary trading system, and we’ll be adding some new video’s and content to the members area in May/June.

The feedback for the system so far has been awesome… and most people hitting 70+% strike rate. Some that are trading the fast system have crushed it. I’m happy for them all.

But me being me, I want to totally over deliver on my trading system and keep improving and moving forward.

I do not want to create more binary trading systems to sell separately and profit from like many marketers do. Anything that works will be added free to the members area.

New Content

The new content will also show how to find more trading opportunities using other currencies and even stocks.

We are also working on a hedging strategy that will enable you to place a binary trade over a longer period and trade shorter term movements to cover some of your stake money. In essence increasing return on investment. This will enable even the most risk adverse traders to make better profits.

Vince Stanzione Seminar

Vince Stanzione has his last seminar on the 5th/6th May. Either I or my partner will be there if not both of us.

I’m going to be very interested to hear his views of what he thinks will happen over next few years now that Trump is in? Now things are settling down I think there’s going to be good buy and sell opportunities with increased accuracy.

I’m also looking forward to getting the heads up on some good long term trades. As it happens I still have money in some trades from the last seminar.

Trading the Financial Markets – It’s not an Enigma.

Trading the Financial Markets

It’s no fun trying to do something that you know can be done but you just can’t seem to do it.

 

Why does trading, whether it be online, off-line, spread betting, binary trading or buying stock via a broker seem to only work for some and not for others? Why is trading the financial markets such an enigma?

 

Why is it that some people can make a couple of thousand pounds a day whilst others just seen to lose day in day out?

 

Even if someone was using the exact same method to trade the financial markets the results can and will differ.

 

The problem is evidently not down to the system or strategy that one is using… it seems to be more a case of the individual’s interpretation of the markets.

 

In fact, that is largely the difference between winning and losing traders… a winning trader just has a superior mindset when it comes to trading over the chronic losing trader.

 

No one Likes Losing

 

I am yet to meet anyone that is actually really excited about losing or opens trade and wanted to lose.

 

No one likes losing… I personally can’t stand losing, and when it comes to losing money, the bad taste that the loss leaves is quite unpalatable. The thing is though, I also understand that losing is what makes up the winning mind-set of a profitable trader.

 

I know from the years that I have been trading that long term I will be profitable.

 

I understand that the wins and the losses all contribute to my final results. I may have up-and-down weeks or even months, but over the long-term I will come out on top.

 

When you know that, trading becomes far less of a psychological rollercoaster ride.

 

The Fear of Losing Money

 

The fear of losing money can become so very intense that the sheer psychological strain on the trader is enough to stop them from ever reaching their full potential as traders.

 

The problem with becoming a winning trader is far more to do with your own phycology than it is to do with what system you are using.

 

When you lose a trade you will react to that loss. You will either accept that your decision was wrong and then wait for the next trade to present itself. If that trade loses, you still know that long term you will be profitable. You’ve been trading a long time and you have your emotions in steady order.

 

But when you are a new trader things are not that easy. The hurt of losing means pain, a dent in your ego and it’s taking a step back from progress.

 

To rectify this, you want to regain any losses as quick as possible. Even though this may mean bending the rules of your trading strategy… you do it anyway to stop the pain, heal your ego and feel like you are still going in the right direction.

 

The reason you act like this is because you are your own boss when it comes to trading. You don’t like being wrong, so you try not to be.

 

Back in the Classroom

Learn stock market trading

Imagine being classroom like when you were at school… only now you are in a trading classroom, trading the financial markets… or at least trying to. There are 30 other students in the classroom with you, all sat at their trading desks trying to learn.

 

The trading system that all the students are trying to learn is awesome. It has an 90% strike rate. You can easily make $100,000 a year if you get it right.

 

The teacher is in the classroom with all of you. She’s walking around checking everyone’s work as they go. She is making sure that you are all following the rules before you make a trade.

 

If you make a mistake, the teacher will spot it and scold you for being stupid and not listening. They’ll say something like, “Nooooo Rachel!!! What are you doing? What have I told you? You’re not listening are you? I think that maybe you need to try something else to make money.

 

Even more that, if they feel you are to stupid to follow simple rules you will be asked to leave and not come back… in front of the whole classroom.

 

Do you think that under such conditions that you’d be more likely to stay disciplined?

 

It’s highly likely… because you don’t want to look stupid in front of everyone and also you don’t want to lose the chance at making some serious money.

 

What’s more is that even if you have a losing trade in the classroom, the strict rules that are made clear by the even stricter teacher, prevent you from doing anything else for the rest of the day. You then start the whole procedure again on the next trading school day.

We Learn Much Harder Things Than Trading

This scenario above is not unlike how things were when we were at school.

 

Although the truth is that at school we learnt to do things that were far harder than learning to trade actually is.

 

Subjects like chemistry, physics and maths. Even reading, writing and cooking. All these subjects pose a far greater challenge to learn than deciding if a price will go up and down.

 

So why when left trading to one’s own devices, the simplest of tasks become a challenge?

 

I often think about this conundrum. And I’m sure that it boils down to what we were like from a very early age. Maybe even from when we started nursery?

 

Girls in general are more disciplined and less rebellious at school. Is that why they say that women make better traders?

 

Freedom from Discipline

 

Leaving school is looked at as the first step to freedom and adulthood for many teenagers. Is it then that personal discipline is damaged and your success as a trader already made so much harder?

 

I’d really like to see some stats on this one day. There must be something to learn from such data?

Trading the Financial Markets

Trading is discipline, it’s as simple as that. And if you start out only trading once a day or checking your position only once a day you are eliminating 90% of the errors that you will make.

 

Stop the temptation

 

Over trading is a huge contributor to why traders lose money.

 

It is the temptation to trade, to do something with an already open trade or trying to trade for entertainment throughout the day that creates the issues.

 

These problems are a new trader’s nightmare. Because of the internet, charts, trading apps and so on, trading is now so more accessible to everyone. The opportunity to trade/gamble or make your fortune is always being dangled in front of your nose.

 

Remove Temptation

 

Try these simple tasks at self discipline and you’ll be ahead of most of the losing traders.

 

If day trading, only trade once a day, win lose or break even. There is absolutely no exception to this rule. Make your trade and walk away.

 

Are you using a day trading system that requires you to be seriously active at your screen when operating it? Then set time slots that you can trade. So for example you can only trade from 8-10 am each day.

 

If spread betting longer term [3 months plus], use stops and only trade a single position when you start out. Also get used to checking it only once a day… preferably in the evening.

 

Habits are good.

 

Repeat what is working until it is habit.

 

Success from trading comes from doing the simple things well, over and over. Don’t complicate things. Do what works… again and again.

 

Trading is Boring

Turtle Traders

 

If you are trading and find it boring, then that’s great. Looking at a screen all day, waiting for something to happen is one of the most pointless things one can do.

 

That is not what successful traders do. It stands to reason then that you shouldn’t do it.

 

Apparently, the original Turtle Traders played ping pong for most of the day when they were learning how to trade because there was nothing else to do.

 

Accept Trading for what it is

 

If you were hoping trading was going to be like a scene out of some blockbuster movie, then you’re in for a shock. Winning traders [individuals] just don’t trade like that.

 

The reality is, that trading the stock market is very laid back and personal to each individual trader. If you want multiple screens with charts and news on all day, then you’re probably better off going into Paddy Power or your local High Street bookie.

 

In Conclusion

 

Be disciplined, trading and making any sort of income from trading means discipline… if you lack discipline, practice becoming disciplined until it’s habit. Learn to do the simple things well, over and over again… that’s what successful traders do.

 

Trading is not some sort of elaborate entertainment game. Trade professionally, like a winner with a winning strategy.

 

If you’re bored then do something, anything, but don’t trade.

 

When you get it all wrong, accept it and move on. The most profitable traders in the world are never always right. Don’t let your ego get in the way of long term success.

Binary Trading Results and Profits

I just want to share my binary trading results that my alerts service has given last month.

By just compounding an initial £200 start bank, this has increased to £356 from 20 trading days. Out of those 20 days there was trades on 13 of the days.

That equates to 78% ROI over the month… awesome.

We have had 13 trades in total and 3 of those lost, giving us a 76.9% strike rate

Binary trading results

The alerts normally go out from 8 am until 12 noon and are for a minimum of 2 hours and can last for up to 12 hours.

Once you have made the trade, that is it for the day. You can just check back later.

This is probably one of the most stress free ways to day trade available.

If you want to learn how to day trade check out my system here. Or you can subscribe to my alert service here

Learning to Trade

If you are using my trading system, then there are many other trading opportunities that are presented each day.

Although I always advise that trading more doesn’t always mean more profits, my system does give you the opportunity to set a time to trade.

So even if you have other commitments you can fit trading into your schedule… early morning, in your lunch hour or even up to 9 pm in the evening.

The feedback that I have been getting is fantastic… For me it’s like an unreal feeling to be helping people make money from trading. I have really enjoyed it.

Many like the simplicity and again the stress free style of the systems. I think that this comes from only needing a small starting bank to get started too.

Also, having a low risk strategy helps people to trade better as the money is not scared before being traded.

Here is a screenshot of all the trades I made. I staked 5% – 10% You will also see that there are a couple of 5% trades on the same day within a few minutes of each other.

Binary Trading Results

 

Master Investor Show – Trades Recommendation

Master Investor Show

I attended the master investor show on Saturday.

It was held at the business design centre in Islington. I had not been there before and found it a nice change to the larger venues like the Excel.

I also like the fact that it was held in Islington as I had not been there for years and it was nice to go back and enjoy the day.

The speech by Jim Mellon was entertaining as always and he gave some tips to watch out for that I’ll share with you in a moment.

Vince Stanzione was there also… in jeans and a trendy jacket may I add. I had a quick chat with him too.

There were a good few stands there, but my main interest for the day was chatting with the team from binary.com

Having been using the service regularly now as well as recommending it to you all, it was nice to actually meet the people behind the company.

I chatted with them in depth about all topics, and pointed out that I didn’t like their free charts as much as others that I had used. Unsurprisingly, they seemed quite alarmed by that and assured me that the free tradingview charts that they offer are used by many professional traders.

I know of Trading View, but I was under the impression that they were subscription only… But they are indeed free if you have an account at binary.com

My partner Chris is doing a quick video on how to use them that he’ll upload to my Binary Trading Members area today. If you’re not a member of my binary trading system you can join here or if you just want to use the free charts you open an account on binary and look in the shop section. You’ll see the trading view charts in there.

A free Bet for You

Also, I managed to get a free £20 bet at binary.com for my blog readers. I’m just waiting on the link . Once I get it I’ll email it out to you.

Master Investor Show Trades 

As said, Jim Mellon gave lots of advice out in his presentation but the ones that I had the most interest in are

  • Long Nikkei
  • Long MXN/USD

Beneath are some of  the slides from the show with his recommendations. You can have a look and evaluate yourselves.

Master Investor Show trades

Bear Trades

 

Trading Discipline – The Art of Success

Trading Discipline

One of the hardest challenges that faces any trader is the art of staying disciplined.

 

This seemingly simple rule can be one of the most confusing and complex trait a winning trader will need to learn.

 

You see, trading discipline can be somewhat contradictory.

 

You may need the trading discipline to do nothing most of the time. Or the trading discipline to only do something once every day or any set number of times in a day or month.

 

If actually buying stock in a company, do you have the discipline to hold on to the stock for years no questions asked? Or drop it instantly and accept a loss if it starts losing money?

 

All the above scenarios are quite realistic, they are also all quite different… and all require cast iron discipline.

 

It makes little difference what style of trader you are or are trying to become; the winning traders all have the same thing in common… discipline.

 

I have seen many traders move from one type of trading system to another and another without learning the fundamentals of how to trade profitably at any time during their trading experience.

 

If I could give any advice to new traders, it is without a doubt to learn to do the same thing that works over and over again and compound profits as you go.

 

Trading Discipline  

Every trading system will have a set of rules that are designed to give you an edge in selecting a winning trade.

Once a trade is selected and opened, then the rest of the profitability is done by waiting, and compounding the results, not by using the system.

 

The system that you are using to give you an edge actually has very little to do with your wealth after that initial use [selecting and opening a trade].

 

So therefore, time and discipline are actually greater components to winning at trading than actually finding a winning trading system.

 

Vince Stanzione

 

Vince Stanzione is far wealthier than most of us, but he is not far more intelligent or talented.

 

The saying “nothing is more common than unsuccessful men with talent”. therefore, holds some truth.

 

There are obviously many more talented men than Vince, but certainly not richer.

 

So how did Vince Stanzione manage to make so much more money than far more intelligent men? Vince just found something that worked most of the time he used it and done it over and over again. He then compounded his profits over time. It is as beautiful as it is simple.

 

All that Vince had to do after finding a formula was stay disciplined in its use.

 

Most People Quit to Soon.

 

trading systemMost people that start a business of any description quit before they are ahead. They don’t understand that profit and loss doesn’t happen in straight lines up or down.

 

When I first started trying to make money on ebay, I started out with £100 worth of stock. I forget how many units I actually had but my product was teeth whitening kits. I didn’t start it with enough money to get a big discount and I was actually losing money in the beginning.

But even though this may have looked grim to others, I kept going. I persisted because I could see the possibilities.

 

“Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent”.

Calvin Coolidge

 

Roll on 18 months and that £100 was over £30,000 turnover. The secret to that income? I didn’t quit in the beginning, even though it wasn’t profitable.

 

When I did start to make the smallest of profits, I then reinvested those profits and bought more stock. Stock that I could now buy cheaper.

 

Nothing remotely complex to the results, and I’m know more intelligent than the next person.

 

It is this up and down, ebb and flow, in any business but especially trading that tends to destroy traders crossing the bridge into profit.

 

These videos by Peter Webb from Bet Angel explain the concept brilliantly.

So in conclusion, don’t quit to soon, compound your profits over time and the slightest of edge can turn into something spectacular.

Trading Bank Size Binary Options

I have had a lot of emails regarding trading bank size needed for trading binary markets.

You do NOT need a big bank to start making money from trading on binary.com

Yesterday I had the briefest of opportunities to trade using one of the strategies from my course.

It is designed to make the most points profit possible with the smallest of banks. It is also designed for those that wish to be actively trading throughout the day.

I used £5 stakes in this example over the space of 25 minutes.

Trading Bank Size Binary Options

Trading Bank Size Binary Options

As you can see, just using £5 stakes I managed to make 5 winning trades on the trot.

If you were using a conservative 5% of your bank to trade, then all you’d need is £100 to get started.

This is what can make binary options a great way to test if trading financials may be your thing.

You have the opportunity to get involved in the markets but also limit your risk drastically and also your start-up capital. This type of approach to trading can really be a great stepping stone for new traders.

There is no point starting to trade binary options with £2000 even if you feel you can afford it. If you are going to make mistakes why lose £100 when you can limit it to £5, especially while you are learning the ropes?

Even though it is very easy to trade binary options, you will more than likely make the odd error here and there. That’s normal and to be expected. But realistically, if you can make 10% on your bank every day, even with the odd slip up here and there, you are doing very well.

Using the above results, I could more than double my £100 starting bank in a week. From there you can just aim to reach a level where you can withdraw winnings daily or weekly.

Keep it simple… start small and learn well.

You can read more about my binary trading system here.

 

Day Trading Course Launch

day trading course

Day Trading Course

My day trading course launched last night. I have been really excited [and a bit nervous] about it… but it has gone down really well.

The system is really easy to use. There are no complicated chart features or long winded tutorials.

There is however a really thorough guide with lots of trading examples and videos that will help you learn to trade profitably.

As I have already mentioned in previous posts, my system uses fixed odds binary bets. This means that you know exactly how much you stand to win or lose. There are no scary price movements that can leave you with an empty bank.

Also, you really don’t need a big bank to start trading. £100 can see you learn and profit as you go… and within no time you can be making a couple of £50 trades a day.

day trading binary system

There are no dodgy staking plans either. Level stakes works great.

You don’t need any expensive charting packages to trade my system. The free charts at binary or IG are fine.

All you need to do is follow the rules that the system gives you and stay disciplined.

I know it sounds easy… but it is, and that’s the idea. Don’t think that because it is easy that it is not profitable though… You’d be totally mistaken.

Thanks…

In saying all this, I couldn’t have created such a great course without my partner… He has really helped me stay confident… not about trading or the quality of the course… rather he helped me believe that I could indeed help others to learn how to trade.

As well as doing the videos, hours of discussing the traders v gamblers mind-set and spotting areas that needed addressing to help day traders win long term.

You can read more about my new day trading course here.

Or you can order here