Hi there, my name is John, and in this video we are going to talk all about the best strategy for binary options trading. Right from the start, let me tell you that there is no one strategy that will work for everyone. You may be asking why? It is because each individual has a different risk tolerance and lifestyle. For example, if you are impatient and decide to try a risky strategy with big gains and losses, may make you go crazy. So you may want to stick to your comfort level or at least increase your risk slowly. Another factor is your lifestyle. If your lifestyle doesn’t allow you to glue your eyeballs to the screen every minute of the day, then do not attempt to make use of strategies that such great attention to detail. Pick a time frame that is compatible with your lifestyle. http://www.roughtradedigital.com/binary-options-strategies/binary-options-60-second-trading-strategy/ Now that we have covered that, there are two major schools of binary options trading. They are the fundamental analysis and technical analysis. Fundamental analysis makes use of statistical data, such as GDP, interest rate and employment rate, to try to predict the future price. Technical analysis depends solely on charts. You look at charts and analyze the trends and pricing, and try to predict the price movement from your observations. The best binary options analysis for you might be fundamental, technical or a mix of both. It’s best that to try different strategies until you find one that you are comfortable with, is in-line with your risk tolerance and happens to be compatible with your lifestyle. Thanks for watching this video, and I hope you learned something from it. subscribe to my channel if you want to learn more about binary options trading. http://www.localmontreal.ca/binary-options-trading/did-you-choose-your-binary-options-trading-strategy-2014
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