hi there my name is John iand in this tutorial we are going to talk all about the best strategy for binaryoptions trading right from start let me tell you that there isno one strategy that will work for everyone you may beasking why It is because eachindividual has different risk tolerance and lifestyle for example if you're impatient and decide to tryrisky strategy with big gains and losses may make you go crazy
so you may want to stick to yourcomfort level or at least increase your risk slowly another factor is your lifestyle if your lifestyle does notallow you to glue your eyeballs to the screenevery minute of the day then did not attempt to make use ofstrategies that such great attention to detail picka time frame that is compatible with yourlifestyle
now that we have covered that there aretwo major schools of binary options trading they are thefundamental analysis makes use of statistical data such as GDP interest rate and employmentrate to try to predict the future price on the other hand technical analysis depend solely on charts you look at charts and analyze the trends and pricing
and try to predict the price movementfrom the observations the best binary options analysis for you might be fundamentaltechnical or a mix of both it's best to trydifferent strategies until you find one that you are comfortable with is in line withyour risk tolerance and happens to be compatible with your lifestyle for more tutorials of binary options trading pleas subscribe to my channel.
Using a Demo Account To Trade Binary Options
Hello everyone, Lilly here again, with anothertutorial to hopefully improve your binary option trading skills.With any luck you've found a friendly enough broker and understood a few basic rules ofthe binary option market so it's time to move on to some actual trading tactics, well, almost.There is a great step between the theoretical and the practical trading that can help quitea few of you beginners out there, that simple step is called a quot;demo accountquot; and it canteach you quite a bit about trading, and help you understand a few things before you actuallystart spending money, trust me, you'll thank me later for pushing you to use one of these.Using a demo account is very easy, just think
about it as pretend money. You're not riskingyour own money, but you get to use the same system you would during actual trades.This has two main advantages Knowing the trading platform from the inside and beingable to see how the market behaves in real time, without the risk usually involved inthat. If you're anything like me, your first urgewhen you get quot;free moneyquot; to play with is to burn right through it in no time, but that'sthe wrong thing to do in this case. Treat your demo account like a real one make yourinvestments intelligently, on assets you know and keep things as quot;realquot; as you can.This will help you get the best kind of education
possible an experience that's almost real,that way, when your money finally gets involved you know what to expect.Thanks again for watching, comment below if this helped and don't forget to subscribe!.