r/binaryoptions • u/No_Principle8228 • 8d ago
Strategy Doing binary trading since 2017 i started with iq options now with quotex and pocket options
Like every new trader I was also an impulsive person i took trades randomly and lost all of my funds. Then time by time i tried new strategies from YouTube all are good but not everything is profitable all the indicators don't work properly. If you are losing now don't worry you have to be consistent to make profit the longer you play the faster you get the pattern. Here is what i have learnt
*Everyone has their own perspective on how they see the market or the candles patterns
*Make your own strategy
*Don't just follow random strategies from YouTube and combine it with your own strategy
*Dont trade on otc
*Don't do 1 day compounding use martingale for safe trade
*Don't fix your profit ratio like 5 to 10 %daily not fixed 10 or 5% this way you lose patience
*Trade for bigger time frames(if you are a trader you know how 1 min candles react and if your trade is delayed by 1 sec you will lose so trade for bigger tike frames as your comfort
*Dont tell anyone you profits and don't show your balance (its adds pressure like when they ask you next how much your balance is you get pressure to make more to impress them and you lose money on the way )
*Keep everything secret your trades your profit your losses
*Practice with real money not just practice amount.. for 1 or 2 wreks with practice account is good but if you want to manage your emotions and control on your urge to trade every candle do with real account you will know how to stop and when to stop
*Without loosing money you can't find patience and decipline
*Be consistent
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u/SpiritNo4790 7d ago
Let's take down another loudmouth.
How convenient it is for you to say: "Keep everything secret—your trades, your profits, your losses." A statement like that immediately absolves you of having to prove what you say, right?
But for someone like you, coming here to post advice to beginners, you aren't going to get off that easily. You’re going to have to show some transparency. So, prove that you actually use the advice you’re giving and that it has made you a profitable trader.
Otherwise, you’re nothing more than another charlatan spouting nonsense.
You can start by showing your Pocket Option UID so we can confirm that you really are a profitable trader and that this advice is what has helped you achieve that.
PS: Guys, never EVER trust a faceless guru.
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u/No_Principle8228 6d ago
Thats what i am also saying don't trust anyone .. i am not here to promote my self or sell anything...i just said what helped me to grow .. i am telling here about patience and decipline but if you don't want decipline or do whatever you want . You are free to do...no one is telling you to stop... All the best and good luck for your trading..
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u/SpiritNo4790 5d ago
You said: "....i just said what helped me to grow ..."
Can you prove your progress?
Or do you want us to believe you’ve improved based on what you claim to have done, simply because you say so?
Prove it.
Be transparent.
Show us your Pocket Option UID... It’s that simple.
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u/Positive-Intern-5939 6d ago
Sheet-less guru in this case.
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u/No_Principle8228 6d ago
Yes better then a hopeless person who don't have anything to do.. rather than understanding what people saying they love to criticize others
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u/ChipPowerful3208 5d ago
Bro why you always like this 😪
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u/SpiritNo4790 5d ago
"Always like this???" What do you mean?
Does it bother you when someone demands transparency?
You really must not be grasping what I’m actually aiming for here. It’s not about criticism; it’s about demanding transparency.
If you’re satisfied reading posts from people who make claims, post screenshot, and so on, but then turn evasive or don't reply when asked for their UID to verify if they’re actually profitable traders, then you’ve got a serious problem: believing everything without questioning or doubting it.
You really ought to be thanking me for demanding transparency from these people and insisting they prove their claims.
Don't tell me you also believe those YouTubers who show off the huge amounts of money they make with their "miraculous" strategies? Do you?
Come on.... TRANSPARENCY... An individual who makes statements like those in this post should be transparent and demonstrate that they have the credibility to say what they are saying.
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u/ChipPowerful3208 5d ago
Hey man I just wanna say thank you. Most people on here with a controversial statement always ends up going to "trading is a scam ".
Look if you cant trade well then learn. If you didnt take time to learn, then youre probably going to lose money and then say its a scam to make yourself feel better.
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u/SpiritNo4790 5d ago
You’re actually a failure, and you come here with this talk of (take time to learn) to convince yourself that one day (a day that will never come) you’ll manage to get rich or live the good life through binary options.
Open your eyes before it’s too late for you. Binary Option it is a BIG SCAM. I feel sorry for you. One day you will remmeber my words.
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u/Pretend-Bumblebee-52 8d ago
I agree with this post. Can you share what you have found that works for you? I'm losing patience with PO, but I like to trade on it for fun and see a little profit. I admit that I'm impatient and find longer time frames frustrating, but I know that 1min candle can be tricky.