Hello my dear friends, welcome back.
In this video I’m gonna tell you why you will lose all your money on forex guaranteed,
if you didn learn how to make money on binary options.
I’ll tell you the difference between forex and options and why its much easier and quicker
for beginners to make money on binary options, not forex.
I think it’s an actual topic, and on my screen you’ll be observing my trading, and
I’ll tell you 3 main factors allowing you to earn much more bigger on binary options,
with a higher chance of success than on a forex market.
So guys, are you ready?
Cause we get started.
Guys please answer me one main question – what is required for successful trading?
I think than everyone can agree than for successful trading it is really important to know how
to analyze the market.
So, what do we do on binary options?
We analyze the market, for example like in this case, we see that the price broke through
the resistance level and we’ll likely go much higher now.
For this reason we open a deal with higher and wait for 1 min straight.
But on forex you must keep in mind much more factor besides the analyze of the market.
I’ll tell you about those factors, 3 main ones, nothing easier than analytics itself.
Meanwhile the 1st deal is closed in a profit, 500 dollars, for 1 min.
Lets see it, yes totally awesome.
We make the bet amount a little bigger and look for the next profitable case.
And we’re back to forex.
So the 1st factor you should take into consideration on forex market 0 it is your stop-loss.
There is no thing as stop-loss on binary options, you either win those 92 percent thanks to
the fact you’ve predicted the market direction right, or you lose your bet.
As for forex, stop loss is a thing protecting you from losses, but most of beginners set
their stop-losses incorrectly, they do not know how to use then and this is why they
either lose their whole deposit because they’ve got a liquidation, in other words made 1 deal
and the loss destroyed the whole deposit, or they use stop-losses incorrectly and constantly
and they suffer a loss each time, even though the market is following your direction, I
mean the direction you’d like it to follow.
So a refund of the bet is happening, but in general we did not break thorugh the resistance
so im waiting for the further decrease, the bet is with lower.
So guys, as for forex, stop loss is a very delicate topic, I think that all beginners
should start with binary options because here there are less chances to get confused with
your deals.
If you’re more a professional trader, then you can definitely go to the forex market.
But as there are a lot of nuances that im gonna tell you about in this video, most beginners
have much more chances to lose their money on forex than on binary options.
Meanwhile the 3rd deal is closed in a profit.
We go on.
So guys the next factor than you need to consider while trading on forex market is the choosing
of leverage.
I remind you that there is no thing as leverage on binary options, because the maximum risk
that we have as the bet amount.
If we guess the market direction wrong, we lose the sum that we bet.
If we guess it right, we earn till 92 percent of money, just in 1 min or the time that you
set yourself.
On forex market there is a leverage – the margin increase of your bet amount.
You know this is for people who want thrill and more money, but it is followed by bigger
risks.
So if you choose the amount of leverage incorrectly, and if you set the stop-loss incorrectly more
than that, as I’ve already said all beginners always forget about that, then you’re guaranteed,
in 1 deal, lose your whole deposit, and maybe you won’t even underhand how did that happened,
and these are all incredibly important things than you just must consider while trading,
which makes forex trading this hard for beginners.
Meanwhile 2 more awesome deals are closed, we had a support level here, we got beyond
it falsely, formed a bull engulfing pattern here and started our growth.
We had 2 deals opened with higher, so all of them are closed greatly.
We go on.
So guys, back to the 3rd paragraph, I think the main one why you lose money on forex if
you start trading there for the 1st time, it’s a take profit.
And im once again saying, on binary options we can earn till 92 percent of the deal.
There is no greed factor here, we either earn or lose.
Its pretty simple.
So we need to have the win rate of all the deal to be more than 55 percent, so we earn.
Take-profit on forex market is the regulation of the profit by yourself.
You can close the deal any moment, and it means you can close it with both bigger and
smaller profit.
So when most beginners see the market is growing to their direction, they do not dare to fisate
their deal, thinking the market will be growing or falling forever, and they’ll be able
to earn even more.
But suddenly the market starts to reverse against them, and beginners start to see not
that beautiful sight of upcoming profit as it was before, and this is also why they cannot
close the deal.
See, if you set the take profit incorrectly – you’ll never use your knowledge.
In fact, you can tell we’ve guessed this fall just now.
But more than we guessed it, we also need to close the deal.
We open it, close it, and there are a lot of doubts – should we close it right now
or later for example, when we think the market will keep on decreasing.
We can think from this point the market will go even lower, but it doesn’t, it goes higher
against you.
So the situation changes and its no more profitable, it’s a loss now and you do not know what
to do and lose your money, or lose your profit.
So guys, I really recommend you start educating on binary options on my videos, my educative
video from the higher left corner is gonna help you with that.
And if you have any questions about binary options, forex or signals left, then you can
message me directly in telegram, the link to my tg is in the pinned comment!
I don’t say goodbye for long as we’ll meet really soon in my next video, thank you
for watching, bye!