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How to trade Binomo profitably. How to trade on Binomo with maximum profit? My strategy that only works as a plus Strategies for proper trading in Binomo

Binomo is one of the most popular binary options brokers on the Russian-speaking Internet. The company is officially certified, its activities are controlled by the Center for Financial Markets, and it has a license to conduct financial activities. The broker is aimed at beginner traders. In particular, there are many educational videos on how to play and win on Binomo.

Some information can be obtained even without registering on the site. Comfortable, custom-designed, the ability to conduct technical analysis, an advanced training program - all this makes the broker an ideal choice for beginners to start.

In this article, we will, firstly, give a brief overview of the company, and secondly, we will talk about how to trade options on Binomo. We will do this using the example of a simple but quite effective trading strategy using built-in tools for technical analysis.

As mentioned above, the built-in trading terminal has a basic set of tools for analyzing charts. This allows traders to make forecasts and trade without switching browser tabs. This is of fundamental importance when trading turbo contracts for 1–5 minutes, because a few seconds of delay can lead to missing an important signal.

How to trade options on Binomo

The company was opened in 2013. Initially, it had a standard platform from SpotOption, but quickly enough it was replaced with a unique solution. The broker set itself the goal of implementing a trading terminal that would best meet the needs of users.

This is one of the few companies that still really listens to the opinions of users and fulfills their wishes in the next updates. In order to learn how to trade correctly on Binomo, you need to study some of the nuances of this broker’s platform.

Firstly, only two types of options are available to users - classic (binary) and turbo. In fact, this is one type of option contracts that differ in terms of validity. Turbo options have an expiration time of 1 to 5 minutes, and binary contracts have an expiration time of 15 minutes to 1 hour. From this we can conclude that the company is aimed at those traders who prefer to conduct short-term trading in the markets.

Brief overview of the broker

At the time of publication of this article (December 2017), 5 indicators are available for use on the trading platform, namely:

  • Moving Average - moving averages, this is the main indicator of technical analysis, almost all other tools are created on its basis;
  • MACD - shows the convergence and divergence of moving averages, as well as divergence/convergence in the market;
  • Bollinger Bands - another solution based on moving averages, allows you to find reversal points of active trends;
  • Alligator is a legendary product from the famous trader, author of several oscillators and books, Bill Williams;
  • RSI - Relative Strength Index, which will help you recognize when the market is overbought and oversold.

It is likely that additional indicators will be added to the platform in the near future. Especially considering the fact that the terminal design was updated in the winter of 2017.

In addition to oscillators, there are tools for drawing on the chart - these are lines and various auto-figures, including complex formations, for example, Fibonacci levels or Andrews fork. Of course, even the presence of this toolkit cannot bring the Binomo platform closer to professional platforms such as MetaTrader 4. But the developers do not pretend to do so.

Using TradingView's Live Chart, you can trade professional strategies right in your browser. However, in this article we will take a closer look at how to make money on Binomo using the example of a trading scheme available directly in the broker's terminal.

Strategy Overview

To receive trading signals, we plan to use the Relative Strength Index. The RSI tool is a basic indicator that is used in many professional systems. It was originally developed as a tool for stock exchange traders, but in recent years it has begun to be used by traders on online platforms, incl. binary options.

In this article we will review the trading strategy for three RSIs with different signal periods. This approach will allow you to increase the accuracy of signals by 3 times when compared with trading using a pure indicator.

Strategy parameters:

  • options: classic and turbo;
  • expiration: from 1 to 5, or 15 minutes;
  • timeframe: starting from 15 seconds to 5 minutes;
  • assets: any currency pairs.

On the 15-second chart, it is recommended to use CRYPTO IDX. This asset shows the best results when conducting technical analysis at minimum intervals. You can also trade currency pairs with EUR, but only between 16:00 and 20:00 Moscow time, during which time the American-European trading period is active on the market.

Terminal setup

To begin, select a traded asset from the list and set the time interval - for example, 1 minute. In this case, you can choose turbo options with an expiration interval of up to 5 minutes. This several times increases the number of signals and the number of transactions that can be opened in one hour of trading. Next you need to add three indicators with the following settings:

  • RSI No. 1: period - 6, zone settings - 70 and 30;
  • RSI No. 2: period - 10, zone settings - 65 and 35;
  • RSI No. 3: period - 18, zone settings - 60 and 40.

For convenience, it is recommended to arrange them in ascending order. This can be adjusted using the arrows in the upper left corner of the oscillator window. Next, you need to pre-set the volume of investment in options to quickly open transactions and you can start waiting for trading signals.

Rules for transactions on the Binomo platform

When trading according to the strategy, standard indicator signals about the price entering an oversold or overbought state are taken into account. However, the difference is that you need to wait for confirmation from all three indicators. The order does not matter, but it is usually prioritized in ascending order, with the fastest RSI triggered first and the slowest RSI triggered last.

Buying a Call Option:

  • crossing the lower border of the oversold zone and returning the indicator line to the channel;
  • formation of an ascending candle on a green chart.

As it usually happens, the Relative Strength Index with a period interval of 6 worked first, then all the others. The market entry should have been made on an ascending signal candle.

Put:

  • the signal line of all three indicators leaves the colored upper zone into the frames of the middle channel;
  • A downward red candlestick is formed on the chart.

The rules for entering the market are similar, the only differences are in the type of zones. When trading down, you need to open a trade at the moment when the trader becomes confident that the previously active upward trend has finally reversed and the price is ready to go down without hindrance.

Example of real trading

To answer the question of how to make money on Binomo, it will be useful to give a practical example of making money using the strategy discussed. Which is what we'll do right now. This will also allow you to repeat and consolidate the information received.

So, we will trade on the crypto index. The selected interval is 15 seconds and the expiration period is 1 minute. On such a low timeframe, the optimal choice would be CRYPTO IDX.

After receiving the signal, we entered the market with the Up option for one minute. The photo above was not taken immediately after purchase, but after some time. As you can see, there are 18 seconds left before the deal is closed, and the chart shows a clear increase in the rate. It is already obvious that it is almost guaranteed to close with a profit.

We made our profit of $7.90. Considering our investment was $10, that's a 79% net return on investment. In this practical example, we looked at how to make money on Binom.

We introduced you to a simple strategy, using an example of which you can understand how to make money on Binomo. Its effectiveness is at an average level. However, it is better to use triple filtering of signals across different periods than from a single oscillator. It is recommended for novice binary market traders to use this advice to make money on binomo.

The options market attracts a huge number of novice traders around the world, and many of them would like to know how to properly trade on Binomo. In addition to standard conditions such as having a strategy and risk control, each broker has its own characteristics. What is typical for trading on Binomo, and what do you need to know and be able to do to make a profit with this broker?

Where to begin?

Home page of the official Binomo website.

Binomo offers its clients everything they need for comfortable and profitable trading. In addition to training and analytical services, each client is provided with a 100% deposit bonus. You can read more about all the broker's services, as well as find out the trading conditions in the review.

The first thing a trader who decides to start his stock exchange career with the Binomo broker needs to do is.

Company registration window.

Registration on the broker's website occurs as follows:

  1. First, you need to provide a current e-mail and come up with a password for your account.
  2. After this, the broker will ask for your first and last name, as well as your mobile number. Subsequently, it is recommended to verify your email address and phone number to simplify the task of depositing and withdrawing funds.

After access to the account is opened, it is recommended to master the trading terminal on a demo account. You should not start trading with real money right away, if only because it may take time to master some useful functions, such as installing indicators, and it is irrational to trade at random, without using all the possibilities. The process of opening and setting up a demo account in Binomo is described in detail in the article.

Note! This year, traders show the best results according to statistics from the Binomo broker.
Binomo has the following advantages:
- Minimum account from $10;
- Guaranteed withdrawal of funds within 48 hours;
- 24/7 support;
- Completely free training;
- An endless demo account on which you can hone all your trading skills;
- Ability to trade even on a smartphone

Trading strategy

A trading strategy is the main tool that allows a trader to trade on Binomo consciously, adhering to a specific plan.

Trading according to the strategy gives the trader the following advantages:

  1. Strict adherence to the trading plan and signals eliminates all improvisation and protects the trader from a number of mistakes.
  2. Each strategy can be tested on history, and this will make it possible to predict its profitability. The higher the historical return, the greater the expected profit, because the market changes smoothly, and a strategy with good performance cannot lose its relevance overnight.

Example of a trading strategy

Video instructions for trading in price channels.

The broker's official YuoTube channel contains some auxiliary materials for novice traders, including a trading system in the price channel. This strategy is a trend strategy, and a graphical tool such as a channel is used to determine the trend.

An example of constructing a price channel.

A channel is a period in which the price chart fluctuates during a global movement in a certain direction. After all, even during an upward movement, the price will sometimes fall by several points (this is called a correction). It is important to determine the boundaries of such a channel, and after that the direction of price movement and, accordingly, the direction of the transaction will become clear.

If the price is moving in an ascending channel, you need to open an “up” option; if in a downward channel, you need to open a “down” option. The channel system is universal and works on almost all timeframes. As an asset for trading, it is better to choose a stable and liquid instrument by which it will be easy to determine the trend (for example, EUR/USD or gold).

Capital management and risk control

The trading system gives the trader signals to open trades, but in order to trade profitably on Binomo, you need to make the right bets and know how much to risk and when to stop. The rules of money management and risk management are responsible for this. Read more about money management when trading binary options in the article.

Many strategies provide special rules for money management, but the main postulates can be formulated as follows:

  1. You cannot risk more than 2% of your capital in one transaction.
  2. The daily drawdown limit is 6% of the deposit, after which you need to stop trading and analyze the trading session.
  3. Profit must be withdrawn in stages, leaving part of the income on the trading account to increase capital and, accordingly, increase subsequent income.

By following these rules, Binomo clients will be able to protect themselves from the risks of large losses and optimize capital growth.

In order to trade comfortably and consistently on Binomo, you do not need to take any special steps. You need to find a reliable strategy with clear signals and act strictly according to plan, not forgetting about the rules of money management.

This approach will allow you to avoid many mistakes and start trading correctly from the first days. And truly stable and high income will come with experience and the creation of your own, unique trading strategy.

Note! Many brokers provide clients with more favorable conditions if registration occurs from our website, since we are a large information resource. We present to your attention the current rating of brokerage companies today, which is compiled by experts taking into account many criteria, as well as reviews from clients of the companies. Choose a company you like and register on favorable terms -. If you don’t want to figure it out for a long time, then the best broker today is Binomo, it is head and shoulders above others both in the quality of services provided and in popularity.

We found out that the office operates stably and allows its clients to earn money. Today I wanted to talk about how to make money on Binomo, how to trade here and how to withdraw funds. In general, we will quickly go through the trader’s path from beginning to end.

How to trade on Binomo

First, you need to decide what funds will be used to trade: real or virtual. The company provides a demo for 50,000 rubles immediately after opening an account. Its use is not limited in time and the balance can be updated an unlimited number of times to the starting amount.

This trading option is suitable for those who have not yet decided to invest real money. However, we would like to draw your attention to the fact that even virtual currency can bring real income. But more on that a little later.

To ensure real and stable income, you need to invest money. The minimum deposit on Binomo is only 500 rubles or 10 dollars. Therefore, anyone can start here, including the greenest beginners.

Platform Features

The office has a self-written trading platform. Let's look at how to trade on it and what features traders will encounter.

This is what the office platform looks like.

Overall, it is superior in functionality to many trading tools of other brokers. Although there are also disadvantages. We have already talked about the main features of the working tool. Therefore, we will highlight only those points that will help you understand how to trade on Binomo.

  1. It is impossible to open long-term transactions. The maximum expiration is only a couple of hours.
  2. Carry out complex technical. There are 5 indicators and 7 graphical analysis elements available on the platform. Not bad, but not comparable to Meta Trader. Although no binary broker platform can compare with this terminal.

How to make money on Binomo?

We found out how to trade. Let's start earning money.

None of the methods listed below guarantees a profit.

The most obvious way is to fund your account and start trading with real investments. But! In order for the profit to be tangible, you need to top up your account with the appropriate amount. A minimum deposit of 500 rubles is, of course, good, but it won’t bring you any money.

With an investment of 300–500 dollars you can already count on something, but not much either. But not everyone is ready to invest that amount. Therefore, you can go the other way - participate in tournaments. The chance to earn money here is lower, but the risks are lower. Let's talk about tournaments in more detail.

How to make money on Binomo using tournaments

Recently, tournaments have started on Binomo, participation in which does not require absolutely any investment. And the prize fund reaches $7,000. However, not all tournaments are available to beginners. In general, competitions can be divided into several categories.

Weekly tournament on a demo account. Absolutely everyone can participate in it, even those who have never made a deposit. The prizes in this competition for traders are options for a certain amount, which in turn can generate income. The main prize is options worth $150. With a return of 80%, they can bring real profits of up to $120.

By the way, despite the fact that the tournament is called weekly, it takes place 2-3 times in 7 days.

Free tournament for professionals. The tournament is also held on a demo account, but to participate in it you need to become the owner of a Standard account or higher. The prize pool is $500 (not options). And the winner receives $150 to his account.

VIP – Weekly tournament. Only those traders who have received Gold or VIP status can participate in it (for this you need to make a deposit of at least 30,000 rubles). The prize fund is $7,000, of which the winner takes $2,600.

Standard is a week-long tournament. Traders with a Standart account type and higher can participate. The prize fund is $1000. The winner takes 350.

Details about participation in any tournament, as well as account types, can be found directly on the Binomo website.

Do you know how to make money on Binomo by participating in tournaments? The fact is that there is one nuance here. You will have to compete with other traders. The winner will be the one with the larger balance or trade turnover (depending on the conditions). There is no need to follow the rules of risk and money management here. If you invest 2% of your balance, you won’t make a huge turnover in a short time and you won’t win the tournament.

So, we found out how to start trading and how you can make money on Binomo. Now let's understand the withdrawal rules.

How to withdraw money from Binomo

We are all going to work on binary options to make money. Therefore, let’s talk about withdrawing funds from Binomo so that no questions arise with this in the future. To do this, let's look at a few basic points that are useful to know about.

  1. Withdrawal methods. You can receive your earned funds to a Visa/MasterCard bank card, as well as to electronic wallets of such electronic payment systems as Yandex.Money, WebMoney, Qiwi, Neteller. However, please note that the money will only come to the same card or wallet from which the deposit was made.
  2. Minimum withdrawal amount– 10 dollars or 500 rubles.
  3. Commission Binomo does not apply to withdrawals.
  4. Withdrawal deadlines. After submitting a withdrawal application, the manager processes it within 24 hours (on working days). After confirmation, the money is sent to the trader’s wallet. The funds should arrive in your wallet within 3 business days.
  5. Verification. The broker may ask you to verify your account. To do this, you need to provide scans or photos of documents, as well as a bank card, if the deposit was made from it.

So, we found out how to withdraw money from Binomo. We also figured out how to work and earn money. In general, the questions asked were answered at the beginning, and we can finish. Register on the Binomo website, practice, top up your account and start earning money.

Today we will look at how to trade using the 7 Step strategy using the binary options broker Binomo as an example; this broker is very well suited for this strategy. Binomo has a very simple and convenient trading platform, it is possible to use technical figures and indicators directly in the trading terminal, there is a small starting capital threshold, and therefore we will start working with it.

First, we need to open an account with the Binomo broker; to open an account, click the button below.

We went to the site, click on the Registration button, the registration form will open, enter your email address, enter your password (save the password on your computer in a separate file), select the currency in which you will earn money, put a tick, click on the button Real.

When registering, you will receive information about your account at the specified address; there will be a login and password for entering the trading terminal.

LIVE TRADE

In this video you can watch one of my trading days. In this video I show and tell you in detail how I make money every day using the 7 Step strategy.

Refill

The next step is to replenish your account, after opening an account you will be redirected to the page for replenishing your account, or you can go to the section yourself Cashier - Deposit funds.

Now the point that is worth paying attention to is that when you replenish your account, you can receive a bonus in the form of additional money. It is profitable to receive bonuses, so you can trade larger amounts and, accordingly, earn more. Another thing is that in order to withdraw bonus money from the account, you will need to work it off, and you will work it off as you trade on the account, so you can take bonuses, but know that they need to be worked off.

So, we top up the account with 10,000 rubles (less is possible, the minimum amount is 500 rubles). We select a payment method, it is most convenient to pay by credit card, enter the amount 10,000 and see that with the bonus we will get 13,000, press the button Top up.

Fill in all the required fields.

We receive an SMS on your phone with a code to confirm the payment and enter the code in the field, the payment amount will be indicated in euros, do not pay attention to this.

We see that our account balance has become 13,000 rubles.

Let's start earning money

In order to successfully make money on binary options, you need to carry out an analysis, that is, you need to predict which direction the price will go so that we can buy the option in the right direction.

Trading using the 7-step strategy will not be difficult, you will find a full description of the strategy on the page, and now I will briefly tell you how to trade.

Step 1. Configure option parameters. We select the investment amount, first set the minimum amount of 100 rubles, select the time after which the option will close (expiration time) (1) by default the option will close in the next minute. Below we immediately see how much profit we will receive, in this case 185 rubles (2).

On the chart we look at the direction of the trend, for this I drew a channel, it is highlighted blue color, and it is clearly visible that the channel is directed upward and, accordingly, the price will rise (3).

You can also take into account such an indicator as “Majority Opinion”, this tool shows the actions of traders, in this case we see that the majority of traders are inclined to believe that the price will rise and also buy options (4). But still, you shouldn’t trust the crowd 100%, you should have your own head on your shoulders and make your own decisions.

Step 2. Buy an option. After we have decided on the direction of the trend, we wait for the green candle to close, which shows that the price is rising. We click on the green Buy button (5), and our first option is purchased.

In the status bar we see the option parameters (6), when we bought it, at what price, what currency and the time after which the option will close.

Step 3. Make a profit. After the allotted time for the option has expired, the option will close and the profit will be instantly credited to the account. As you can see, in just over a minute we earned 85 rubles, and this is with a minimum transaction amount. When you learn to trade with minimal amounts, you will gradually switch to large amounts, and after a couple of months a rate of 1000 rubles will be the norm for you.

Let's sum it up

Friends, as you can see, there is nothing complicated in trading binary options, nothing complicated at all. You just need to pull yourself together, give yourself time to train to figure out what’s what, and without rushing to trade according to the strategy, be sure to trade according to the strategy.

Trading without a strategy leads to failure. A strategy is a trading plan; without a strategy, or by breaking the rules of the strategy, you will no longer get the result you dream of.

Take your time to open a deal, wait for the right time, confirm the signal in several ways and earn as much money as you need.

Let's repeat the basic steps:

2. Top up your Binomo account with at least 500 rubles, but preferably from 10,000 rubles,

3. Open a deal,

4. We make a profit,

5. Repeat all steps.

That's all, train and gain experience, give yourself time to study at least a couple of weeks, and you yourself will be surprised at your results. Once you learn how to trade on your computer, download the mobile app and trade anytime, anywhere.

Free Tournaments

Another nice thing about the Binomo broker is that every week the broker holds many tournaments for both professionals and beginners in trading. The most popular, of course, is the free tournament on a demo account with real prizes starting from $150 per account.

Free tournaments are a great way to get starting capital for free, go to the tournaments page and see if a new tournament is starting right now - Tournaments.

Ask any questions you have in the comments. Good luck.