Can you make $593 in 30 minutes from the comfort of your own living room? In this article you will see that yes, YOU CAN! With just 3 quick steps, the easy to learn technique of following the trends of the market will enable you to do just so. The trends monitoring method is simple and easy to do.
Step 1/3: Understand the system
The trading system shown here is based on the monitoring of trends , a strategy widely used by many professional traders and recognized for its effectiveness. An asset rises or falls when pushed in that direction by large financial powers that influence the financial markets such as investment funds and banks. The principle of this method is very simple:
If the recent history of an asset shows a significant and constant increase, it is more probable that it will continue to rise in the near future in that direction rather than the probability that it will go the other way. We will therefore invest on the asset going up.
Obviously, the same logic applies in the case of decline.
Recognize trends – Recognize a pattern on a graph is very simple. It is easiest to use 5 minutes graphs as seen below. The “candles” on the graph represents a period of time equivalent to 5 minutes . Here are the trends that we can detect:
To recognize trends, use the real-time graphics available HERE
Step 2/3: The best amounts to invest
Even when you follow the system perfectly, it is normal to lose some of the positions that you open, it is very unlikely to win all of the trades you will do.
My method of trend following will enable you to win more trading then the ones that will be lost, which leads to you earning significantly on your account. There may be a bad day where you will make several losing trades, that is why it is important to follow up with this strict rule of investment:
- If you have $200 in your account, each open position should be $10 tops
- If you have $500 in your account, each open position should be $25 tops
- If you have $1,000 in your account, each open position should be $50 tops
- If you have $2,000 in your account, each open position should be $100 tops
- If you have $5,000 in your account, each open position should be $250 tops
And so on: each position you open should not represent more than 5% of your capital.
Step 3/3: Registering to Trader24
Begin by opening an account on the Trader24 site. There are several sites to trade binary options, buy Trader24 provides the strongest platform and is the easiest to use for beginners. This is the site where I trade the most and there my earnings grow day after day.