5 Minutes Trading Strategy ¦ Binary Strategies in South Africa

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Binary Options Strategy

Binary options trading provides traders with the opportunity to achieve success when trading with a variety of available underlying assets.

In order to become a successful binary options trader, you need to recognize and follow a certain strategy. Not only that, you also need to understand more about the available binary options industry and which ones are used for particular trade option.

For you to be able to form your own trading strategy, we recommend you to read the list of several different strategies, available on our site.

The strategy guide will take you through few steps from initial step to the advanced trader in the binary options industry.

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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Importance of Binary Options Strategies

When you look at the financial market and you have plans to participate and trade binary options, then it requires from traders to have enough trading knowledge to know how to use specific strategies when trading with a chosen trade option, short term or long term.

Traders from can choose among many trading strategies, ranging from those that are mostly used by traders beginners or those that require certain trading skills and are intended for experienced traders.

In the industry of binary options, strategies are considered to be in top most important elements of binary options trading.

With well-chosen strategies, it is possible to maximize profit and achieve success, whether we are talking about short terms strategies or other types, offered on various trading platforms. We always advise our readers to evaluate many trading strategies and understand them in order to benefit from them in the trading process.

How to Benefit from Binary Options Strategies?

Binary Options traders are aware of the fact that binary options trading can be profitable thanks to its numerous advantages. Traders should know that they do not necessarily know all available strategies which are used in this industry.

If you have a good plan and cool head, trading binary options can be very profitable, because you don not rely on luck. Knowledge is the key element of successful trading and understanding of available strategies lead to a more profitable trading process.

It is better to know several of them and use them properly so that later on, they can profit from those strategies. In our Guide section, you can find articles that can help you decide what type of trader are you and what are the best and most popular trading strategies for traders beginners and advanced traders.

A great way for the traders to try out the platform and test several strategies is to use demo account with a chosen binary broker. With such a possibility, traders can evaluate the market and try trading with few strategies and see if they suit them in the trading process.

5 binary Options trading Strategies for Beginners

Beginner South African traders can now start making lucrative income by utilising the trading strategies for beginners as discussed below. Throughout the internet, you will come across many strategies, but most are complicated and hard to understand. Below are the strategies for beginner South African traders to learn and apply easily, if they are keen to make more profits.

Triangle Strategy

The strategy is regarded to be among the best strategies that beginner traders can apply. Unlike similar previous strategies, this strategy is specifically for beginners. The strategy involves using the chart to get a triangle before trading. The triangle pattern displays an inevitable breakthrough price. Kinds of triangles are rising and falling, indicating price increase and decrease respectively. Traders can trade on price increase and decrease after understanding the pattern.

The 15 minutes strategy

It is one of the best strategies for beginners in South Africa intending to make quick profits. When using the strategy, South African traders are guided by a 15minutes timeframe. Candlesticks charts are used in this strategy and you only need to find 3 candles of the same color and wait for the rollback.

Diversification strategy

Among the 5 binary options trading strategies for beginners, this strategy relies on the market situation, the price of assets and market movements. South African traders can quickly get a good start if they use a good strategy. However, the traders of South Africa require a clear analysis and an organised approach. In all 5 binary option trading strategies for beginners, traders should know that all strategies can be applied in various moments and times. In addition, traders should mostly use the diversification strategy among the 5 binary options trading strategies for beginners as it enables them not invest all their money at once. To avoid losing high amounts at once, traders should get sufficient options to invest small amounts per trade and make 10 investments. This strategy allows you to trade continuously when making an unprofitable trade.

Martingale Strategy

This method is less risky and excellent for traders who are interested in taking slow and secure steps. The strategy works on the basis of doubling investments when the previous one fails. Traders can use the strategy even after winning, but they need to ensure that they are not overtrading. To utilise the strategy efficiently, you should first get an asset moving either up or down. The strategy can be combined with varies tools provided by their broker, such as market indicators.

The 5-minute strategy

The method is considered to be the easiest and entirely important for beginners. You do not require an understanding of binary trading when using the strategy, and its rate of accuracy is also high. When used appropriately, traders will gain from this method that can be applied in any market, anytime. As the name suggests, the method allows getting a position 5 minutes before the expiration time. However, you need to get assets moving in a steady direction and determine the highest value of the assets as it is the point of the trend reversal.

Conclusion

The 5 strategies are sufficient for beginner traders to learn and start trading in all market conditions, as they learn advanced strategies with experience.

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Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
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  • Binomo
    Binomo

    2nd in our ranking!

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