Make $100 Per Day Using Binary Options 10% Tick Trade On Betonmarket ( binary.com ).guess so many of us might have come across such kind of binary options advert or strategy in nigeria, where you are made to believe you can actually make $100 daily using binary options 10% tick trade on binary.com with $2 on random index 25, 50 or 100.well, the truth is that you can actually make $100 daily with binary.com 10% tick trade strategy with $2 only if you want to do it all day long. But the thing you should ask yourself is how long will it last, how consistent will i make $100 daily with binary 10% tick trade strategy.my answer is that it won't even take you 24 hours to loose all your money on tick trade.
Make $100 Per Day Using Binary Options 10% Tick Trade On Betonmarket ( binary.com )
why did i say so, this is because i have tried it and ended up from making $150 to $2 within 24 hours.did i just say 24 hours, it was not even up to 12 hours.lost it all in less than 30 seconds.here is why.binary options 10% tick trade with binary.com is not worth the trial because you will end up loosing your hard earned money with a twinkle of an eye because the risk reward ratio is not encouraging at all.
Make $100 Per Day Using Binary Options 10% Tick Trade On Betonmarket ( binary.com )
Binary options 10% tick trade strategy involves staking bet on any currency or commodity at binary.com site with the hope of making 10 percent of what you stake as profit after a certain number of ticks which must not touch the selected number you choose.
This means that, you are to select a number from random display numbers which could be either from 0-9 and if the tick trade ends in the number you selected, that means you lost.the tick is usually three lines which must not touch/end on the number you selected.
Still don't understand, let me explain with example.
Lets say out of 0-9 random number on a currency or commodity, if i select 0 out of the numbers and stake my bet on 10% tick trade at binary.com . This means that the trade would be winner if after the the ticks did not touch/end on 0 at the spot.since i selected 0 to be the spot, the ticks must not end on 0 else it will be a loss.
Guess now you understand the drill.but here is why its not advisable to engage in binary 10% tick trade strategy.the reason is that the stake out weight the profit you will make because 10 % from your stake is lesser than the stake.
Lets say i stake $20 and won.now if you do the calculation, 10% of $20 will give you $2.woow, is that worth the risk.the risk reward ration is damn too high.the risk is high, the reward is low.
You are risking wooping $20 to get a $2 profit.the percentage is just very low.the percentage risk reward is 90:10.not worth it.
You will need to trade more to recover the $20 if you loose except you want to go by the rule of the strategy which says you will double your stake over to get back your loss.
If you stake $2 on 10 % tick trade and loss, you will have to double your stake over to make the $2 back.this means you will have to stake your next bet with $20 to get back your loss of $2.
This is because if you don't do it this way, you will have to trade more to get back the $2 since 10% on $2 is $.10 cent.now you can see why the 10% binary tick trade strategy is not worth the risk.
The reward is just too low.there is also a very big possibility that even when you double your stake to get back your loss, you may still end up loosing and when you end up loosing, will you double it over again to $200 to get back the $20 loss, hell no you wouldn't want to do that because it would be a suicide mission.unless maybe you are central bank.
The truth is that, when you make use of demo account to try this strategy, you won't notice the effect because there is no emotion and also more fund is available for you to just trow in any amount to recover the loss.
If you loose $20 in demo, you can easily trow in $200 to recover it since there is much funds in the demo, the fund is not your hard earned money so no emotion attached, no money management attached, just trow it in like its hot but you can't try that on a live account because the effect will make you go gaga.
Instead of engaging in binary 10% tick trade strategy, you can engage in the other bet options like the rise and fall where you can stake $5 and earn upto $4 as profit.the amount you would spend on tick trade 10% will be used over 5 times on rise and fall bet with more profit if you are staking $4 for each trade instead of using $20 on tick trade.
So do yourself the favour by learning the in and out of binary options especially candle stick and price action trading to stand out from the crowd.
NOTE:
binary.com Have changed their 10 % tick trade platform to a new platform called DIGITS where you have to select the numbers of ticks you want and bet options to either match or differs
if you have not created BINARY OPTIONS ACCOUNT,
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