Absolutely all investors on the binary market seek to obtain the greatest amount of profit as quickly as possible. But given the fact that most investors start their careers with minimum-size accounts, it becomes quite problematic. Today, we will offer a few recommendations that will allow novice investors on the binary market to quickly and with a high level of dynamics, accelerate their operating capital to the optimal volume for making large profits and consistently high daily earnings.
So, on the issue of quickly increasing trading capital of the minimum amount, there are several critical parameters at the start that have the greatest impact on the overall dynamics of profit growth and trading processes:
- The professional level of the terminal used for trading
- The versatility and performance indicators of the trader’s operating strategy
We are intentionally going to lose sight of the additional small issues concerning binary options trading, as they are system components of the parameters listed above.
The trading terminal – how to choose an effective platform?
Today, many operators of brokerage services offer fairly good technical terminals for binary trading. However, only a few companies have terminals of a professional level on their trading platforms. One of these brokers is the Binomo operator, who was the first among its competitors to offer investors its own highly professional, technical tool. This operating platform for binary traders has the widest range of forecasting tools and the most effective services and conditions for intraday operation on the binary market:
- Wide-format operating chart of the underlying asset with a professional set of technical settings
- A set of automatic forecasting tools – indicators on the basis of which it is possible to form your own high performance trading strategies. The use of technical indicators directly on the trading chart allows you to maximize the accuracy of the signals and the investor’s trading results
- Chart analysis tools – there are a variety of services for the construction and identification of market patterns that allow you to use technical analysis strategies in trading
- 80 underlying assets – this makes it possible to use in trading investment portfolios with diversified risks and the highest performance indicators
- High-speed processing of investor transactions – 1.7 ms
- Non-stop trading mode
- An auxiliary service for assessing trader sentiment
- The most convenient interface
The terminal itself and its technical potential can give the trader an increase in their average performance on the market of up to 30%. Thus, on the professional Binomo terminal, the dynamics of capital growth will be more attractive, and along with that, the market participant will receive the optimal conditions for trading.
Trading strategy – systems with maximum efficiency
Undoubtedly, it is the strategy that is the most important factor in the matter of accelerating account growth. Many investors at the start of their career use third-party systems ostensibly designed by professionals. On this issue, we recommend strategies that you yourself have developed based on your own experience and preferences, as well as systems that have been in use on the market for a very long time. To choose an effective third-party trading strategy, you can use a specialized informational resource or the section on the Binomo broker’s website which offers the basic list of the most effective and simple strategies:
To build your own highly efficient system you simply need to be careful when working on the market by noticing the cyclical patterns of quote movement or by utilizing the technical potential of the Binomo platform, and you can build a system that will be optimal, according to all parameters, for your own investment activity. Here, we recommend experimenting with various combinations of technical indicators or using market patterns determined by chart analysis services. In addition to the technical tools, the Binomo terminal offers an optimal means of developing and testing trading strategies – the demo account. Here, you are offered full access to technical tools and real market conditions, which allows you to achieve the most accurate settings for your strategy.
To sum up the question of quick account growth, we want to note that the dynamics of the investor’s capital growth depend on that person’s own activity, the right choice of analysis and trading tools, as well as the trader’s work discipline. Proper adherence to these recommendations and an informed choice of effective trading approaches can lead to figures of capital growth of over 300% in a week!