Binary Options Trading SA

Binary Options Strategies and Resources

2016-07-23T12:25:00.000+02:00

Welcome to the strategies and resources post, here we wish to enlighten you on how to learn how to earn trading binary options.

We shall share strategies and great sources of info that has helped us along the journey and we trust they shall help you too.

Firstly we don't suggest newbies to trade on short term options , rather place long term trades based on what you learn from the fundamental method using economic calendar as described below...

I usually wait for economic news that makes a high impact on the markets.
USA news works quite well as USD is paired with majority of the currencies. Especially NFP (Non-Farm Payroll) and unemployment changes(check out investopedia link below for important news to follow as a trader).

I follow the same economic calendar strategy they explain...

A) Trading Binary Options Fundamental News Method

Await the news release (Economic Calendar's)
Select pair on broker platform and watch the 15min chart I like trading EUR/USD, tend to change here and there playing USD/CHF pairs and USD/JPY.
News results released
Watch 15Min chart and wait for candlestick to know when to enter (candle stick you watching needs to be within area of prior candlestick,once confirmed, next candle stick above or below the previous one will signal Call or Put.
Place Trade 1H30Min to 4H

By following candle stick price action entry method (brilliant book that helps a lot to identify price action and momentum is CandleSticks Made Easy invest in your education before investing into the unknown).

You are then able to catch the trend as most of the noise happened 15 to 45 mins before and you will see from the candlesticks on 15min charts (they say you can use 5 min chart too, I've found more success on 15 min),enter a long term trade (in binary terms at least) 1Hour 30 Min to 4 Hour, (We intend to try longer expiration times soon, on paper it went well)....should put you ITM.....

PS: don't get too excited and enter too early, wait for the candle.....

B) Touch Me Baby Strategy

Another adaptation to the above method is the one touch exotic trades offered by a few Binary Brokers.
Basically you can not lose with this one as long as you choose to trade on the correct news, very good for a passive trader.

This is how to do it:

Big economic news release soon.(eg: NFP)
15 mins before news release, select the touch up, touch down trade option on your broker platform (we found 24Option to be best for this method).
Now select the option that pays 250% profit.
Choose a common pair eg: EUR/USD.
10 mins before the the news release you will enter your trades.
You will enter a touch up and at the same time a touch down. same expiry.

So an example of what happens here is you place a $100 trade to win $250.
With the correct choice of news as below pic, you will definitely win one. resulting in a good profit anyway the price moves.
If you really lucky it might just hit both touch up and down and leaving you smiling for days (although that is rare).

The above 2 strategies works best with 24Option due to the exotic options they offer.

Little tip, I don't trade a pair if they both have important news within 1 to 4 hours of one another.For example, if USD has news for 14:30 and EUR has news for 16:00 then we don't trade on EUR/USD but rather make a trade on USD/CHF at 14:30 and another trade at 16:00 on EUR/GBP. Also only trade on popular currency pairs as the news results have more impact on them.

Will share some posts on money management (Very important) and results from trading the fundamental way with some candlestick analysis to determine entry point... Using this method I place trades for one and half hour to four hour expiration times ...

C) Binary Simple Method

We've been having some good results using the Binary Options Simple Strategy that was created by the brilliant DWHM Trading and extremely informative Binary Options World (binary options basic strategy) while practicing on iqOption.

Await non volatile times - no news releases in the near future
Opening 5min chart over 45min period
Place trade in direction of the opening price 45 mins ago
Trade expiration should be 15mins to 45mins

Go ahead try it on the demo account from iqOption and see how it fairs for you.Or just open a $10 live account and that could be the start of a new life.

Checkout below for more strategies and information

We trust this really helps you guys out there as it has Inno and I ...

To your success . .

iqOption Broker

2016-07-18T02:19:00.002+02:00

IQ Option entered the binary options market in 2013 and immediately became a hit among traders. Their appearance enabled the whole industry to gain a lot of popularity, primarily because this broker offered access to binary options trading for next to nothing.

This allowed many people to see what this type of trading is all about without ever having to invest any big amounts. Of course, had this been the only good feature about this broker, the company would never reach the status it enjoys today, and we are here to show you why IQ Option is one of the best choices you can make when selecting a broker. We will share our impressions with you in this IQ Option review so well done on finding your new broker.

Apart from a completely free IQ Option Demo Account which doesn’t even require a deposit from you, there are two more possibilities for you to choose from – Real and VIP account types. Both of them are extremely well equipped and they offer some very interesting features, too. For example, you will be able to get a return if you make an incorrect prediction, and there some very nice bonuses to be acquired, as well.

Some very entertaining trading competitions are also available with these two account types, with the VIP account offering some additional useful features such as monthly analysis or a personal manager. You will notice we haven’t yet mentioned the minimum amounts needed to start trading with this broker in this IQ Option review and that’s because we have a separate paragraph for it. Read on, it’s just below.

So what’s so special about IQ Option? Well, your minimum deposit requirement is only $10, for starters, and you won’t find better deals anywhere else on the market. With these ten dollars, you can open a Real account and enjoy all the benefits it has to offer. Furthermore, the minimum trade is set at only $1, providing you with complete control of your account funds. Again, you won’t find a better deal anywhere else. Finally, we should mention that the required deposit for a VIP account is $1000, which is, once again, way below anything other brokers have to offer when it comes to their top-tier account. But it’s not just the low requirements that make this broker so attractive – high payouts are pretty important, too. As a matter of fact, payouts of up to 85% are among the highest in the industry, so you really can’t go wrong with this broker.

The company excels in the aspect of transfer methods and safety, because it is a CySEC regulated broker, meaning it fulfills all the necessary requirements . Numerous prizes also prove that IQ Option takes their clients’ safety very seriously. When it comes to transfer methods, you get to choose between bank wire transfers, Visa and MasterCard credit cards and several online transfer methods such as Webmoney, Skrill or Neteller.

It should also be noted in this IQ Option review that IQ Option Minimum Withdrawal is also very low ($10), so you always have complete control of your funds, and here too IQ Option has the competition beaten. Everything this broker has to offer is designed to make this type of trading as accessible as possible, so all you have to do is find the winning IQ Option Strategy.

IQ Option is among the very best brokers in the world, and we hope this IQ Option post explains why. Clever business policy and its flawless execution attracted tens of thousands of traders to this company. With minimum investments, you can really see what binary options trading is all about and you will be extremely well protected every step of the way.

A great new platform will also help you have a perfect trading experience. But you don’t even have to spend any money if you just want to browse around here – simply open a demo account see what the broker has to offer that way. However, in that case you’ll be missing out on all the thrills binary options trading can provide, thrills which are certainly worth a dollar or two.

So open an account with IQ Option today if you want a complete and safe trading experience.

Trading exprience on iqOption

2016-07-08T12:00:00.000+02:00

Hi Traders,

Today I wanted to take some time and share my trading experience with the binary platform from iqOption

As many of you would know that iqOption is one of our best and recommended brokers and today I am sharing my experience since I've started with them on the 19th June 2016 and started my trading on the morning of the 20th June.

I opened the account with a deposit of $50 and I have been trading with them on a minimum investments of between $3 and $5 on each trade. Remember guys I'm doing this because we want to give you transparency and openness as these brokers are tested by us as well before we recommend them to you. Which is the reason why I decided not start with bigger amount but with $50 in order to test their system and platform ,I'm using price action and momentum I learnt from Candlesticks Made Easy. So far so good, But I will be sharing more information or any discoveries I make as long as I am trading on their platform.

So I'd like to share a few snapshots of some of my trades and I can confirm that most of these position have been successful because I'm talking about a success rate of over 70% here.

Just as confirmation that this is a real account, however for security purpose, some of the information is hidden.

The above snapshot is the live trading platform, and as you can see the balance on the top right of the picture and right at the bottom right, there is my current and open position NZD/USD which is already ITM (In The Money) now and will expired at 23:00 GMT +2

20th June

21st and 22nd June

These are the result guys and they speak for themselves!!!

I want to share with you a great strategy we created that can get you a success rate of above 70% in your options trading.

Drop us a mail should you want to be among the first 10 people we would like to share this strategy with. Fill in the Contact form on the blog and request this strategy.

I will need you to have opened the account with IQ Option or we can assist you in opening one with a minimum of $10.

I trust that this will really help you guys out there as it has myself and my team

To your trading success

#HappyLearning

Inno.. Herotainment

More Trading binary options Strategies

2016-07-08T10:00:00.000+02:00

Trading Binary Options is not a get rich quick scheme and who ever promises you should signal a warning to you.

This takes effort, practice and smarts to be profitable in the long run and earn you some decent money, and yes eventually you can quit your job and run your life trading.

But don't kid yourself, this doesn't happen in a few weeks as most scammers tell you.

Without a proper strategy and money management you will probably be unsuccessful in trading binary options.

So read on well as we explain some great ways to be a success in this field...

Contents

Money management
Trading binary options strategies

Money Management

Never invest more than 5% to 10% MAX of your balance on a single trade.
Set up win loss ratio for yourself eg: set it to win 5 trades a day if you have a winning streak of 5 you stop for the day vice versa with your losses.You have to employ discipline and this is proven to work long term, don't chase the money, be smart.
Set up winning ratio; If your winning percentage drops below 80% then you stop for the day.
Set up daily profits/loss ratio; Once you reached $100 profit you stop or $50 loss you stop for the day.

Of course you can choose low, med and high risk money management strategies by making the amounts lower or higher. As a beginner perhaps stick with low and gradually increase risk as you increase your skills.

Key tips: don't invest more than 10% of your account balance. Be disciplined. Implement a money management strategy.

Trading Binary Options strategies (technical analysis)

For technical we need good charting tools, Your broker platforms probably has basic chart indicators, but to get the most control and best indicators I use Tradingview (link on the top left of blog).

Charting tool on a whole new level and beautiful thing is there are professionals that actually post their chart scripts with embbed chart set ups and strategies which you can use all for free guys. MT4 is good too, Inno prefers that tool.

So you will set up your charts according to below for the different methods on Tradingview. Ensure your time frame is set according to the expiration time you intend on trading: eg: 5 minutes trade , set up chart to 5 min candlesticks (best).

Five to 15 min Noob strategy

Choose indicators on Chart tool, SMA (simple moving average is the avg price of an asset over a select time period).
Select SMA Set period (days avg) to 3.
Select another SMA and set period to 10.
Choose correct time frame(5-15min) and a currency pair.
SMA line that's set at a period 3 is our signal indication.
Once this SMA (3) line crosses SMA (10) line we then place our trade in the direction SMA (3) line goes.
So when SMA 3 crosses through SMA 10 in a downward direction we place our PUT trade to expire in 5 to 15min, once opposite of that happens we place our CALL trade for same expiry time. Usually Resulting in a 76-79% (ITM) in.the.money.

Tip: try using during NYC trading times, works well with these pairs EUR/USD,USD/CHF and USD/CAD. Best success using this was on iqOption try it out...you wont regret.

More strategies and methods on trading binary options still to come keep checking in or sign up to our feed to receive these posts via e-mail.

Remember guys we base our posts on our own experience we filter out the crap and only recommend the best to you, we have been around the block so we aim to save you the trouble and provide you with the truth.

All the best...

About us

2016-07-01T11:36:00.000+02:00

BOTSA

About Binary Options Trading SA. We are a group of friends and traders (Forex & JSE) from South Africa.

We decided to try our hand at Binary Options Trading one day. Never looked back since.

We started our BLOG and Website is so we can allow many the same opportunity. Many people are not aware of binary options trading.

People that are sadly seem quite hesitant as they not sure how this works or brush it off as some SCAM. Binary Options Trading is not a scam this form of trading is legal, however you need to do your checks and balances well.

That's where we come in.....

Our mission is to bring safety, awareness and education to the people so they may trade safely and successfully.

We invest our money.Try out and test the different brokers, platforms and educational resources. All so we may provide you with the legitimate and best ways to go about making a decent passive income. Some day furthering that to a wealth stream, this is not a get rich scheme (sites making promises of $1000 a day/week best keep away those are likely SCAMS).

Truth be told if you start your trading account with a big amount then yes you can see that sort of money.Only if you know what you doing very well. If you don't, well you can see your investment disappear even faster.

So with the introduction to BOTSA done, check out the site look through our posts. Take in what you read.

Keep visiting to brush up on what you read as its impossible to remember all that's here from one visit.

We wish you all the success in your journey of Binary Options Trading.

Introduction to Binary Options and the Forex Market

2016-06-24T14:14:00.000+02:00

The Binary Options or the Forex market has a daily volume of over $4 trillion per day, over and above the volume of the equity and futures markets combined.

Thousands of people, all over the world, are trading Forex and making tons of money.

Why not you????

All you need to start trading Forex or Binary Options is a computer and an Internet connection. You can do it from the comfort of your home, in your spare time without leaving your day job.
And you don't need a large sum of money to start; you can trade initially with a minimal
sum, or better off, you can start practicing with a demo account without the need to
deposit any money.
Once you consider starting Forex trading, one of the first things you need to do is
choose a broker, choosing a reliable broker is the single most critical factor to Forex
success.

There are dozens of online brokers out there but your best bet is to go with the leader.
As agents of success in the Forex and Binary Options environment, BOTSA is affiliated with the best brokers in the world who have been chosen out of our experience in this business and have found them to be the best when it comes to customer service, efficiency and transparency as well as legally regulated with major financial regulators in the world. To get started with finding the best broker, please visit the blog: BOTSA for more information and an in-depth knowledge into the Forex and Binary trading environment.

Based on our experience, the best online FX broker for beginners and pros alike are listed on the blog. Why? For starters these brokers are rated among the best in trading quality, security, bonuses, pay-outs and experience. More than that, these brokers are much more than simple Forex or Binary Options brokers, they are a "social network" that allows you to copy the trading strategies of the network’s best traders (according to these companies, over 85% of copied trades on these are profitable). You have to see it to believe it. Unfortunately, these brokers do not accept US residents. As a South African resident, this is your opportunity to make it your valuable opportunity in this business.

Foreign currency or Forex Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this website or any e-book obtained from this website is for educational purposes only and is not intended to provide financial advice. The same applies to any communications received as a subscriber to any Newsletter or Videos presentation available from this site.

Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold BOTSA and any authorized distributors of this information harmless in any and all ways.
All rights reserved. The use of this information contained in this post constitutes acceptance of this agreement.
‪

#‎HappyLearning‬

BOTSA

Binary Options Brokers

2016-06-20T19:27:00.001+02:00

Brokers Brokers brokers........Or breakers of your Bank ..

Alrighty then .... this is the main one , knowing which broker to invest your money with.

Below are a few hints and tips

Choosing the correct broker is one of the most important decisions you have to make when deciding to start trading binary options...

There are many brokers out there all with their own pros and cons , you want to keep away from non- regulated brokers as explained in the legality posts and brokers who promise the world (if it sounds too good to be true , it usually is!).

General regulation Bodies are CySEC (EU), the FSA(UK), CFTC (US) . In case of foul play, traders can always turn to the licensing authority with their grievances.

Also note that upon comparison and surfing the web for who's the best brokers out there (which i'm sure we all do, I know Inno and I did) just note down which are the common top runners on all those sites/blogs you've checked out.
That provides a good idea of where to invest your money .

Trust me hastiness in this regards is not a good decision at all , don't get pulled in by those brokers inundating you with calls and emails.

Another thing to remember, don't accept bonuses!!!! If you really feel you want to which I highly advise against. Then make sure to read the Terms and Conditions carefully, especially bonus t&c's and withdrawal t&c's.

KYC documents must be submitted and if it isn't it could pose problems when trying to withdraw.
Many brokers have few different ways of withdrawal, usually when you deposit using your VISA Card your monies will be paid to that card in +-5 days.

So make sure all the checks and balances is in order, follow these tips and you will likely find a great broker and your experience will be smooth.

As per what was said above try out 24Option or Grand Option both under the same company basically one and the same. They are CySEC regulated and reviews are very good, that's what i found my search through the Web these two are common factors on most....

Click here for 24Option review

Click here for Grand Option

An addition

So we have added IQoptions broker to the list , they are regulated by CySEC and FSA . From all the so called "demo" accounts out there, we found they actually have one, not as real time as one would like but its as good as you going to get. Nice to practice on. The mobile app is also good for practice of tech analysis.

They also offer a $10 min deposit to open a live trading account which is by far the cheapest. Our account should be opened soon and further reviews will be provided soon.

Further iqOption review CLICK HERE!

Check them out below

Click here for IQoption demo

Basics

2016-06-20T18:50:00.000+02:00

Hi Readers

My name is Alto , My bud Inno and I decided to create this blog as a platform for binary options traders and people who are looking to get into binary options trading to share in their experiences and learn from one another as to give everyone a successful experience doing Binary Trading.

Binary options trading has become more popular over the last decade. Mainly Day traders access these markets with ease from their laptops or tablets (even smart phones). Another pro is that the initial investment is relatively small. This blog will go into the ins and outs,rules and regulation of the binary options trading, the way market exchanges work, and some strategic ways to earn profit from the market. Along the way, you'll also learn the jargon used in binary options trading that you need to understand to be successful.

Lovely link (courtesy of wikihow ) to introduce a newbie to Binary Options

Trading.

http://www.wikihow.com/Trade-Binary-Options

Binary Option Legality in SA

2016-06-20T01:45:00.000+02:00

Binary options trading is legal in Southern Africa. There is no law that states that it is illegal. In fact, at this moment there is actually no law at all that refers to online investing. This means that traders can do as they please in this regard.

Register with a binary options brokers that accept South African traders, deposit real money and withdraw the money they have won. This is perfectly legal and safe to do. There will be no legal consequences for traders trading with options brokers.

But the South African binary options market is not regulated. Which means that companies located in the country are not allowed to offer financial trading services. A company cannot offer services that are not officially recognized in a country.

Due to that, there are no genuine South African binary options brokers yet. Fortunately, there are multiple companies located outside of the country, which are able to access the South African market. These companies are legally allowed to offer options trading services to clients in the country.

South Africa’s Financial Services Board does not at this time offer licensing for brokers to offer binary options trading to South Africans. Thus, any broker claiming to be within the country is likely fraudulent. Instead, investors should strive to find brokers whom have proper licensing from other regulatory bodies such as CySEC (Cyprus Security and Exchange Commission) in Cyprus, or the FCA (Financial Conduct Authority) in the UK. Brokers registered and licensed by these agencies have to comply with strict guidelines. They are allowed to offer trading services to South African traders and are generally perceived as very reliable among investors.

Until South African authorities decide to regulate the online financial betting sector, traders will have to continue seeking trading accounts from offshore brokers. Although regulations from South Africa would technically offer the utmost security to traders, foreign brokers licensed in other jurisdictions are currently the best choice for South Africans.

What is Binary Options Trading

2016-06-20T01:24:00.000+02:00

Binary Options trading is simply predicting whether the market will go up or down and you place a trade in the predicted direction. Its called Binary cause there are only two options. Call or Put it has different expiry times ranging from 30-seconds to 3-months and there are many different instruments available to trade on (usually depends on your broker). We find Binary much safer than Forex as you only lose the amount you trade and know beforehand the percentage you will profit when you win.

I found the below link from Wiki-how very helpful as a beginner, in dept info.

Wiki-how Understand Binary Option Trading

OptionRally Binary Broker Experience

2016-06-19T12:17:00.000+02:00

Hi Traders

So today we thought we would share our experience using OptionRally Binary Trading broker and platform , there is a reason you wont find a link on this blog for them , and that's cause we don't recommend this broker.

Yes, they are registered with ifsc (belize), they have been around for a while and use spot option platform for their trading software. Some websites do recommend them. Hence we decided to test them out.

All in all they were okay binary options broker, the platform wasn't so okay for me and customer service was poor after initial deposit.

Few days now that I noticed a lot of my trades ended OTM due to the extended validation time once expired, running until the price puts me OTM even though i was ITM when the validation started, it has happened on many occasions especially in the short term trades doesnt happen all the time , but too often for me.

Even when opening a trade validation takes long and your entry on position is like two to three pips difference from where you actually wanted to enter.In short term that's a disaster. They also close pairs at important times (news releases) and change expiry times for binary trading which I hate(usually its in 15min intervals upto a few hours, suddenly the next expiration is only 4 to 8hours ahead). Too much manipulation for me ....

So with that been said, Its up to you as a trader on where you would like to invest your money just hope that this blog helps you make the right decision.

Try the recommended brokers below rather, IQ option has a free demo in which you can practice and learn what this is all about.They also have a $10 deposit live account.

IQoption

24Option

Please note links on this blog are to recommended and trusted sources.

If we unhappy with a product or service we will do a write up explaining why we don't recommend it based on our own experience, but no links will be provided for them here (We don't want to direct you to untrusted sources).

Our aim is to build a trust worthy relationship with our readers were by we are open and transparent in what we do, test and review.

So if any of you have had a similar experience with them or other brokers kindly comment and share your inputs. Remember our main goal is to share info here to make traders more aware and successful, not just in Trading but in the whole experience involved when one decides to start trading.

Have a successful week ahead.

Regards

Welcome

2016-06-04T23:07:00.002+02:00

Welcome to Binary Options Trading SA an online community created to share binary options trading:

Knowledge
Legality and Regulation
Brokers
Strategies and more

Everything you need to know about the world of binary options and how to thrive in it.

What are Binary Options?

This is an online form of trading on whether the price of an asset will go up or down within a set period of time. You predict if it goes up or down.

Binary options trading popularity within SA and the World is growing and our main mission is to provide you with the best trading knowledge, information and reviews of only the most trusted binary options brokers. (No Trading Robots will be mentioned here as we hate them and they suck in our personal opinion).

We shall share which strategies we use in our own daily trading and whatever we promote on this site has been tried and tested as well as benefited us in our journey of Binary Options.

This Website is a compilation of all our research into this sometimes controversial form of trading. We wish to share that with like-minded individuals so that you don’t fall into traps out there, which there are. We shall bring the ones we know of to light on here too.

So does trading options interest you?

Read further on as the contents within this website are especially relevant to help you have a safe and successful experience trading and make you an efficient Binary Options trader.

All sound a bit foreign are you a beginner to Trading?

Check out Intro to Binary Options Trading