Saturday, 23 July 2016

Updated Binary options Pullback Strategy that Works

Just updated the binary options pullback strategy that works on the M15 time frame on the MT4 platform.

Been having some really good binary trades with this one.

Check it out on this page

If you are already a subscriber to the How to Trade Binary Options Profitably newsletter it is on the way over to your inbox as we speak.

Friday, 22 July 2016

How to set up MT4 and binary options indicators and template

Once you have downloaded the indicators and template that I have sent you for the binary options pullback strategy or any strategy, you will need to get the indicators and template loaded into your MT4 platform.

These are the same steps for loading any indicators and templates.

First though, you will need to get yourself a MT4 platform.

I suggest using Cash Back Forex as they have a good selection of approved MT4 providers and if one day you actually decide to start trading spot forex with real money, you will receive a cash rebate on your spread costs.

This is in fact money for nothing and can certainly add up to a sizable amount of the years.

Watch this video first and all will be explained:



Quite straightforward once you get the hang of it.

Visit this page for the steps on setting up your email alerts on the MT4

Visit CashBackForex here:

Visit Spot Forex Trading here


Tuesday, 5 July 2016

Copy the Pro Review

Copy the Pro was brought to my attention recently and it is signal generating software for binary options. 

It is free software,but  you have to sign up via their recommended broker which is TropicalTrade, to use it. 

This is a common way for signals developers to get paid via earning affiliate commissions from the broker for finding them traders and then they don't have to charge the customers.

Unfortunately I only heard about it after I had already opened and funded an account with TropicalTrade, so I missed the boat on this one.

From what I am hearing, it is quite good.

There is an option to have it auto trade your account. You just set the amount you are comfortable with per trade and then it is a case of set it and forget and it does everything on autopilot.

The other option is to manually trade it once it gives you a signal. So how that works is that you have it open and it will send you an alert when it finds a set up and then it is up to you whether you take the trade or not.

The latter is probably the best practice until you have tested out how well it performs.

Sorry that I can't give you more information on this one. 

The only thing that I can say is that if you are looking to open a new binary options brokerage account with a minimum of $200 and $5 minimum trades then I can recommend TropicalTrade.

So instead of just opening up the TropicalTrade account, open it via Copy the Pro and get the trading software thrown in for free.

Click here to visit  Copy the Pro website.

Sunday, 3 July 2016

Vladimir's Forex Signals & Mentoring Review

Vladimir's Forex Signals & Mentoring

His name is Vladimir Ribakov and he is a proven master trader and a former hedge fund trader.


He provides multiple training programs and also a signal service so that you can earn while you learn.

I think it best if you just go and visit his website and see for yourself what the coup is rather than me waffling on.

Visit Vladimir's Forex Signals and Mentoring website by clicking here.

I would just like to put up a few videos testimonials from his students to show to you that this guy is the real deal.

This is spot forex trading and Not Binary Options.

















Well, maybe worth your while to take 5 minutes and go and check it out?

He offers a 7 day free trial to check it all out, so I think that is a win- win situation.

Click here to visit Vlads website

Wednesday, 29 June 2016

Sunday, 22 May 2016

Binary Options Secrets to Success

Binary Options Secrets to Success might sound  a bit cryptic and secretive and something that only a few in some inner circle have access to, or some secret binary options strategy, but in fact it is just the simple breakdown of the mathematics involved in trading binary options that most people overlook and that I would like to bring to your attention and make clear for you, so that you can be successful and profitable in your binary options trading.

Once you have a solid  understanding of the maths involved and then follow on through with implementing the maths and strategy that I will lay out for you, then trading binary options profitably is within anybody's reach. Seriously.

So, the Secret to Binary Options Success is..................the following formula:


Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Where:

Profit  is exactly as it says, the profit you make. We will take it as profit after 1 month of trading.

Trades is the number of trades taken for that month.

$ Amount  is the amount in dollars/Euros or GBPs invested per trade. We will use $20 per trade in our example.

Success is how many trades we won as a percentage of all trades taken.

Payback is the amount the broker paid back for a winning trade as a percentage. We will use 80% as that is the minimum payback on StockPair.

Example:

Let us say that you are an average Joe, trading binary options  and you have deposited $400 into your trading account and are going to be taking $20 trades and you average 10 trades a day.

So, 20 trading days a month x 10 trades a day = 200 trades a month.

So, in a month there were 200 trades taken, with a winning success rate or In The Money (ITM) of 60%.

The broker payback is 80% and you have used $20 trades.

Therefore, going back to our formula:

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 200 x $20 x {(60% x 80%) - (100% - 60%)}
Profit  = 200 x $20 x {(0,60 x 0,80) - (1,00 - 0,60)}   work it out in decimals
Profit  = 4000 x { ( 0.48) - (0.4) }
Profit  = 4000 x 0.08

Profit  = $ 320

So after one month of trading 10 trades a day and assuming that you got a success rate of 60% ITM with a broker paying out 80%, you will have made $320 profit on your $400 investment.

Now that is actually a spectacular return. Your Return On Investment (ROI) is 80%

So, what is the problem?

Well, the calculation assumes that you are getting 60% In The Money (ITM) over 200 trades.

Now, there is a fine line between success and failure with regards to your ITM percentage.

With a broker like StockPair that pays out a minimum of 80% on a trade, you will need a constant and continual ITM winning percentage of a minimum of 56% ITM winning trades to just not be losing and making a slight profit and 58% and better to start making good money.

Let us take a look at our calculation again, but this time with 56% ITM and 55% ITM.

With 56% and the same amounts as our first calculation.

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 200 x $20 x {(56% x 80%) - (100% - 56%)}
Profit  = 200 x $20 x {(0,56 x 0,80) - (1,00 - 0,56)}   work it out in decimals
Profit  = 4000 x { ( 0.448) - (0.44) }
Profit  = 4000 x 0.008

Profit  = $ 32

Now with 55% and the same amounts as our first calculation.

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 200 x $20 x {(55% x 80%) - (100% - 55%)}
Profit  = 200 x $20 x {(0,55 x 0,80) - (1,00 - 0,55)}   work it out in decimals
Profit  = 4000 x { ( 0.44) - (0.45) }
Profit  = 4000 x -0.01

Profit  = - $40 yes, that is minus $40

So, as you can see with a 56% ITM and 200 trades at $20 per trade, you made a grand total of $32.

With a 55% ITM and 200 trades at $20 per trade, you actually lost $40.

Now, I know for a fact that most traders who contact me are in the 45- 55% ITM range on average. Yes, many have some weeks when they are killing it and doing really high ITM results but over the long haul most end up with the 45-55% ITM average and that is how they end up blowing out their accounts. 

Even if they are getting good ITM results, usually  they are not getting in enough trades over the course of the month to make it really worthwhile.

The very good traders are doing around 58-61% ITM and over 200 trades a month.  Really, those are the numbers.

So, how do you come out ahead?

Well you need to have a consistent ITM of about 58% or better and throw as many trades at it as you can.

Think like how the big casinos make their money. They in general only have an advantage of 1- 2% over table games but make millions and  even billions per year. 

They do it by playing thousands and thousands of hands 24/7 and over the long haul the statistics play out.

This is what we want to be doing as much as possible and within reason of course.

Let us say that you had 58% ITM and 1000 (one thousand trades) for the month and still $20 per trade:

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 1000 x $20 x {(58% x 80%) - (100% - 58%)}
Profit  = 100 x $20 x {(0,58 x 0,80) - (1,00 - 0,58)}   work it out in decimals
Profit  = 20 000 x { ( 0.464) - (0.42) }
Profit  = 20 000 x 0.044

Profit  = $ 880

Well, ok that is looking better.

How about we start doing $25 trades?

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 1000 x $25 x {(58% x 80%) - (100% - 58%)}
Profit  = 100 x $25 x {(0,58 x 0,80) - (1,00 - 0,58)}   work it out in decimals
Profit  = 25 000 x { ( 0.464) - (0.42) }
Profit  = 25 000 x 0.044

Profit  = $ 1 100

Just a $5 increase in stakes and our profit went up by $220 for the month.

So that is all great, but I certainly don't have the time nor the skill for 58% ITM and 1000 trades a month, so how do we do it you may ask?

Well, the secret to success is copying other successful traders.

Introducing Trade4me

The best binary options trade copying platform on the market.

I will explain further on below how to get it all set up. Please continue reading.

You can click on all images to make them larger.

This is how it looks:


trade4me binary options copy platform


Now, once you have registered an account via the quick sign up form you will be able to take a look at the leaderboard and see who the top providers are: ( steps explained below how to get set up)

This is how it looks on 18th May 2016


trade4me binary options copy platform


I suggest copying providers who have a minimum of 200 trades and a minimum of 58% ITM over the history of their account and then use our formula  on their last month's trade results minus the cost to follow them and see if the outcome justifies the investment of copying them:

We will take a look at the top two providers in this example.


trade4me binary options copy platform


First, let us look at the stats of the provider aptly named Signal.


trade4me binary options copy platform


Over the last month he has made 1059 trades with a winning ITM of 60 % and it costs $100 per month to copy his trades up to a maximum trade amount of $25 per trade.

You can see in the image below what he charges to copy his trades for larger amounts:


trade4me binary options copy platform


So, back to our formula:

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 1059 x $25 x {(60% x 80%) - (100% - 60%)}
Profit  = 1059 x $25 x {(0,60 x 0,80) - (1,00 - 0,60)}   work it out in decimals
Profit  = 26 475 x { ( 0.48) - (0.40) }
Profit  = 26 475 x 0.08

Profit  = $ 2118

So, $2118 profit for the month with $25 trades and subtract $100 that you would have to pay him to automatically copy his trades and you have a profit of $2008

Nice.

All that just for getting your account set up and funded and not even having to look at a chart or make a trade.

Let us have a look at the number two provider on there, named Got|24


trade4me binary options copy platform


Over the last month he has made 499 trades with a winning ITM also of 60 % and it costs $142 per month to copy his trades up to a maximum trade amount of $25 per trade.

You can see in the image below what he charges to copy his trades for larger amounts:


trade4me binary options copy platform


So, back to our formula:

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 499 x $25 x {(60% x 80%) - (100% - 60%)}
Profit  = 499 x $25 x {(0,60 x 0,80) - (1,00 - 0,60)}   work it out in decimals
Profit  = 12 475 x { ( 0.48) - (0.40) }
Profit  = 12 475 x 0.08

Profit  = $ 998

So, $998 profit for the month with $25 trades and subtract $142 that you would have to pay him to automatically copy his trades and you have a nice profit of $856

So if you copied both of those guys it would have cost you $242 for the month and you would have come out with a profit of $2 864 

Not too shabby.

If you could average $2500 a month in profit, that is an extra $30K per anum.

Now you must take your binary options seriously if you want to actually make money and so I ask you, where can you get a business set up that makes $ 2864 a month and your running costs are just $242?

So  the secret to binary options success is to get a consistent ITM winning percentage of 58% or better and throw as many trades at it as possible.

Let us just take a quick look at the top copier on there at the moment.. His name is Earth Angel


trade4me binary options copy platform

I see that he is copying 11 providers and for the last month he has an ITM of 59% and 2728 trades at $25 per trade.

So, back to our formula:

Profit = Trades x $ Amount  x { ( Success x Payback) - (1 - Success ) }

Profit  = 2728 x $25 x {(59% x 80%) - (100% - 59%)}
Profit  = 2728 x $25 x {(0,59 x 0,80) - (1,00 - 0,59)}   work it out in decimals
Profit  = 68 200 x { ( 0.472) - (0.41) }
Profit  = 68 200 x 0.062

Profit  = $ 4 228

So, profit of $4 228 less the cost of what it costs to copy 11 providers:

I see that it says he is copying 11 providers, but when I look at the actual providers he is following it is only 9, so he must have stopped copying 2 of them. You can do that if some of your providers are hitting a slump or something and then start copying them again when their numbers pick up again.

The total for those 9 providers comes in at $607 for the month,

So total profit is $4 228 - $607 = $3621 for the month.

Not bad.

With those kind of numbers, you could be looking at an extra +$40K per anum.

Remember that even if you are a trade copier, you can still carry on trading your own account at the same time.

Now before I go through the steps with you on getting set up, we must discuss some basic bankroll fundamentals as this is also part of the secret to success.

The maximum amount per trade should ideally be around 2 - 2.5% of your bankroll. That is the ideal amount to keep going through the  inevitable losing phases.

Remember, there is going to be losing trades and that is a given and of course by Sods Law and just like buses, they all seem to come at the same time.

Now of course nobody ever listens to me, and they always want to trade a bigger percentage, so then we may agree that 5% of your bankroll is the absolute maximum amount per trade. Agreed?

So if you want to be making $25 trades then you should have a bankroll of at least $500 right?

So going back to our example above of copying those two providers and trading $25 per trade, you should then have a bankroll of $1000. Do you follow me?

That is that you are setting aside $500 per trader, trading 5% of your bank balance per trade.

Honestly being underfunded and trading too high an amount of your bank balance is one of the biggest destroyers of accounts.

Fund your account correctly. Seriously.

Remember 2- 2.5% is actually the correct amount of your bank balance per trade and 5% is actually stretching that a bit.

So, taking our binary options trading seriously and as a business you will need a basic bank balance of $1000 to trade $25 per trade by two traders and $242 to start copying those two providers we discussed and you have a business.

So now that we know the secrets to binary options success, let us get set up:

Below are the steps that you will need to follow to set up your trade4.me binary options copy trading service:

Before we start, this service only works with StockPair binary options broker, so you will need an account with them first. 

Unfortunately, they Do Not accept US  traders, so this trade copying service is unavailable to you at the moment.

No need to fund your account immediately, but just get it set up (it is free), so that you can then follow the steps for getting it set up for the binary options trade copying service on trade4.me .

Firstly, please clear your browser of all junk cookies, etc by holding down at the same time:

Ctrl+Shift+Delete

That will bring up the option to clear cookies and other site and plugin data. Select that and clear from the beginning of time. Do that Now. Seriously, you need to do that first.

Done?

Ok, great.

You can go to StockPair and register a free account by clicking here or on any of the StockPair links below, but I suggest that you read on a bit before doing that, so that you don't get tripped up by any landmines.

That will bring up the following page:


StockPair Binary Options Broker

Now fill in the quick start form and then click on "Create Account"

Be sure to remember your login details and password as we need those in a few steps time.

That will bring up the following page:

StockPair Binary Options Broker

Now, be sure to read the small print on this page:

What it is offering you if you decide to click on that blue "FUND YOUR ACCOUNT" is that they are offering you a 50% bonus and the minimum deposit now drops from the normal $300 to $250 or GBP or Euro.

By accepting the trading bonus you will have to trade a certain amount of volume before you can make a withdrawal and in this case, it is 40 times the bonus.

Example: I will use $ for our demo.

Say you deposit the minimum of $250  then they will give you 50% of that which is $125

You will need to trade 40x that amount before you can make a withdrawal, so $125 x 40 = $5000.

Let us say that you are taking $20 trades. That means that you would need to make 250 trades to reach that volume before you can make a withdrawal.

Now normally I never recommend taking the bonus, but as we are trade copying here, you will be hitting 250 trades pretty quickly and in fact we actually want more than 250 trades for the month to start making some seriously good money as discussed earlier, so it is worth considering.

Do the maths for your own deposit amount.

As I said earlier, you want to look at  your binary options as a business and treat it as such, so you do not want to be underfunded at all, so a bonus in this case could actually turn out to be.............well,  an actual bonus !

However, if you do not want a bonus, then do not click that blue "FUND YOUR ACCOUNT"
button, but rather click on the top right,  where it says "Deposit Funds"

Which ever one you choose will bring you to the following page:

StockPair Binary Options Broker


This is the page where you get to choose a deposit method. 

As I said before, no need to make a deposit now, as I am just showing you how to get everything set up first so that you can get familiar with everything and have it ready for when you do want to make a deposit and start copying the top binary options traders around and start really making some money from binary options trading.

We do need that StockPair account so that we can link it in the steps following.

As a side note, when you do want to make a deposit I can highly recommend Neteller and getting their pre-paid MasterCard. 

That is what I use and the funding and withdrawal process is super fast and easy.


Done that? Ok great. Now we going to set up our trade4me.

Right, now go to trade4.me by clicking on the link here.

That will bring up the following page:


trade4me binary options copy trading

Fill in the quick sign up form and check/tick the box to accept the terms and conditions and click register now.

That will bring up the following page:

trade4me binary options copy trading

Select the follower/copier option by ticking/checking the small radio button.

Please note that you can only be one or the other.

If you are a provider then you can not copy signals. If you are a copier, then you can not provide signals.

The only way to have both is by having two StockPair accounts and two trade4.me accounts with different email addresses.

We want to be a copier as this is the way to trading binary options profitably as we discussed above.

Once you have done that click on Next Step:

That will bring up the following page:

trade4me binary options copy trading

Straight forward enough. Just fill in your particulars. 

You can use your proper info here including phone number as nobody is going to be calling you like some brokers that we know.

Remember that trade4.me is not a broker but a copy trading platform.

Once you have filled that in, click Next Step:

That will bring up the following page:

trade4me binary options copy trading

So, you should already have your StockPair account details from the step above.

Simply fill in your StockPair email address and password that you used to sign up for your StockPair account and then click on  "Link this StockPair account to my trade4.me account"

Very important:

Now if you did not already sign up for your StockPair account as I suggested that you do in step one, then Do Not Use that option to "Create a StockPair account now"


The reason why was explained in the email that you received from me with the Advanced Indicators when you signed up for my newsletter.

Haven't signed up for my newsletter and received your free indicators yet? You can go signup now. It is on the right there.

Done that? Ok, let us continue.

Right, now once you click on " Link this StockPair account to my trade4.me account " you should see the following page with your username and details.

trade4me binary options copy trading

Now, take a moment to upload your own image otherwise they will assign some poxy image on your behalf in a few days time.

Once you have done that, then click on where it says "My Broker".

You should see your StockPair account linked like in the image below.

trade4me binary options copy trading

If not, then you have made a mistake somewhere. Please go back and follow along step by step from the beginning.

If, you do see your StockPair account as showing linked, then success and congratulations. 

You have completed the first step in becoming a profitable binary options trader.

Now click on where it says Leaderboard and get familiar with who the Top Providers are and who the Top Copiers are and see exactly what they are doing.

When you are ready to actually get started, and why delay, now that you know the secrets to binary options success, get your StockPair account funded correctly and start copying.

In the example I gave above about copying the top two providers and it costing $242 per month and funding your account with $1000 you can of course just start by copying one provider like that provider Signal at a cost of $100 per month and so then you can just fund your account with $500 and you are in business.(The Leaderboard might have changed by the time you are reading this.)

I do however suggest having two or more providers just to cover in case one of them goes through a bad patch. That way you can keep your average ITM percentage constant.

Then once you have banked some profits and your bank balance has doubled, then start copying another provider or increase your trading amounts.

Remember that you can still trade your own StockPair account while still copying the top providers. 

So, there you have it, a blue print to binary options trading success.

My final thought on trade4me and the whole trade copying is that it has been a long time in coming to the binary options sphere and very welcome indeed in my opinion.

However I do think that when a site like trade4me which is still relatively new (only out of Beta testing in the last couple of months) starts to get really well known and starts getting lots and lots of traders using it, the brokers might not think that it is such a good idea, as it could really hurt them financially and they might put the brakes on it.

So, my suggestion to you is to not delay and get on board as soon as you can and make hay while the sun shines. Who knows how long it will last?

Good luck.

Questions below please.

Visit StockPair by clicking here.

Visit trade4me by clicking here.