Binary Options Strategy Reviews
On the Internet and in books you can find many binary options strategies. Often we see how some strategies promise earnings a lot at once. However, we would like to discuss today how to write a review of a binary options strategy yourself and how to test binary strategies.
It is impossible to draw a conclusion if you have not entered all the data in the report (best of all in Excel).
We use the following format:
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- Strategy name
- Time frames (Time frames)
- Indicators and parameters
- Conditions for making a decision on a binary signal
- Comments or changes
- Conclusion – what decision was made
- The Deal – What You Got
- Result – what is the end result
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** Click on the image to enlarge
Everyone can add parameters for testing. For example, false trades or time for trading, or what asset you are trading. The number of transactions should be more than 50, only then can a conclusion be drawn.
Binary Options Expert Reviews
Your feedback on the binary strategy is data indicators. And your conclusion is based on this data and in no case, not just a guess or assumptions.
After testing the strategy, determine if it suits you, if you can always trade on it. What budget is required and what risk management to observe.
Always check the ratio of negative trades to positive trades, and do not forget that the payouts on some binary options are less than 100%.
Properly planned trades will help you avoid unnecessary losses in binary trading.
If you read a review about a binary options strategy, you should understand that sometimes, this is not a real review. Traders simply put their name or pursue a purely commercial goal. Using the strategy lure you to a binary options broker.
You, and only you, will truly be able to write a review and test the strategy.
Tagged with: Binary Options Academy • Binary Options Reviews • Binary Options Strategy