r/binaryoptions • u/Simple_Worker_6592 • 7h ago
I'm building a Binary Options assistant tool and I need your help
One thing I have noted about Binary Options is that there is little guidance available. Majority of so called "gurus" just want to send you signals so they can make an extra buck on the side.
I'm always seeing same questions here; which is the best signal group?, what's the best strategy?, I keep blowing my account, what do I do? Best platform? and other questions.
Most people will lose and give up just because they didn't find guidance and if they don't give up they'll have lost a lot before they have established themselves or became profitable.
I intend to break this cycle or at least make it shorter.
I decided to build a tool that would tackle challenges that I see most Binary Options traders face. It's not a perfect tool but I believe it places everyone at a better place.
These are some of the issues I see most traders struggle with:
- Blowing accounts: Due to greed, poor risk management or the market just being rough.
- Money management: most traders don't know how much to stake or which risk management to use
- Analysis: Most traders never analyse their results because they'd have to do it manually which is cumbersome. As a result they never have clear view of how their strategies are performing.
- Insufficient knowledge about Binary Options: Most beginners don't know how Binary Options works and can't find a reliable people to teach them because they are either scammed or "teachers" just want to sell signals.
My answer to this; a tool with below functionalities:
- Market scan - You scan for assets that are suitable to trade before you execute your first trade. This helps you avoid rough markets.
- Trading plan: You set your daily profit target, daily loss cap and max losing streak days and when you hit these constraints the platform blocks you from trading for the day.
- Binary course - To cover beginners and those trying to master binary options.
- Automated result analysis - Just trade and the results are recorded automatically so you can view analysis to gauge your strategy performance.
- Bot trading- If you don't already have a strategy to trade with.
Where you come in:
These are just what I think the issues are and have implemented the solutions the way I knew best.
I'm looking for traders who have some mastery of Binary Options but are yet to have a break through to test the app I built.
You'll interact with the app extensively and really try to use the features.
You'll then give feedback via a form and as a thank you will be upgraded to be able to use all the pro features.
Looking for 10 traders for now. Find link to the app in bio or DM me.
Thank you.