How to Trade Binary Options for trade binary options a Living.
People who are into binary options because they want to make a living from binary options trading because they don’t want to get stuck in their 9 to 5 regular boring jobs with limited paid. It is possible to trade binary options for a living, and today we will share some tips on how you may be able to do that.
Educate Yourself and Make lots of Practice.
Nothing comes for trade binary options free, trade binary options if you want to make a living from binary options, you need to learn and the best way to learn is to practice. I have introduced a lot of trading methods and technical indicators all along the way, and trade binary options there must be one that works for you. Explore all the different methods and look for the one that suits you the best.
Start with a smaller amount of funds while practicing to conduct proper risk management, and eventually you can invest more when you gain more confidence on your skill and winning ratio.
Start with Demo if you are scare of trading on live platform. You can access our demo platform via the links below:
Choose the Right Expiry Time.
In LION Binary PRO, traders are able to choose expiry time from 60 seconds to 1 hour. Though picking the right one to trade is crucial for binary options traders who want to make profit consistently.
It is totally up to you what expiry time you want to trade, however remember that your candlestick timeframe should NEVER be longer than your expiry time. When trading with 1 minute expiry time, you should be looking at 10 or 30 seconds candles. So on and trade binary options so forth, if you are trading 30 minutes expiry time, you should be looking at 10 minutes candlestick chart.
Make Use of Mobile Trading.
LION Binary PRO offers mobile trading to all traders, the platform is a web-based platform which you don’t need to make any download. Access it whenever you want as long as you have access to internet.
The advantage of using a mobile platform is that you can place trades even you are outside, and catches profit chances when you are on a short break at work.