So it makes perfect sense that an increasing groundswell of traders feel that binary bets and fixed odds products are an excellent tool for both new traders and more experienced traders alike. In the current unpredictable, volatile and riskier market conditions we are seeing presently, simple binary trading solutions with predictable financial fixed odds offer greater safety and protection in an increasingly defensive market atmosphere.
In your favoured trading instruments correctly for 51% of the time or more and you are achieving better risk control of your trading account, sound money management and effective profitability over the longer term. Couple this with powerful staking software and 2000 can realistically become 200,000 in two years.
Look at how the binary betting strategy operates practically. It is not unlike futures or spread-betting, in so much that it works on a points based system.
Lets say you are a day trader who wishes to trade for one day and you believe that the market / commodity / share price on this day is going to rise overall.
Binary Bets are increasingly being adopted as a complementary strategy to other trading strategies or is replacing riskier market practice. The growth of this strategy is easily appreciated. Binary betting offers both financial fixed odds and simplicity of method.
Financial fixed odds means that you are more in control of profit generation for your account and it therefore offers greater security in trading and protection of your investments. Who wants to place a 2000 trade only to see your whole account wiped out in one fell swoop? Tragically, too many traders are seeing their profits savaged by current volatility and unprecedented market conditions.
So perhaps you have been confidently trading the markets for years and doing rather well, or maybe you have been losing both money and confidence since the end of 2008. You are not alone. More traders, both bearish and bullish have been looking to secure their trading accounts and adopt more defensive strategies in current market climates.