Money Management Binary Options
Binary options money management. Money Management for Binary Options. Hi everyone. I opened this new section to discuss the various Money Management used in the binary options field. In traditional trading, as well as in binary options, a trader can claim to have a complete strategy only and only when the technical / operational part with its rules generates profits constantly following a defined and precise MM. So in summary: Complete strategy = Technique + MM.
Obviously there would also be to consider the emotional / psychological aspect but we keep this aspect momentarily aside. Of technical strategies on binary options and on any maturity, there are thousands more or less valid. But it is on the MM that most people fall. I find this aspect too underrated or otherwise snubbed. Personally, I believe it is the most important aspect. I myself shared a model that I use (Masaniello) which you can find here with files and explanations for use: https://forex robot-station.com/viewtopic.php .
start=3000. In addition to Masaniello (which at the moment I consider the best MM at least for myself), I have tested and evaluated other systems: Martingale, forex robot competition 2020 Compounding, Fixed Amount, Various progression etc .. Obviously all with their own strengths and weaknesses. I must say that at least personally, if I consider the risk / return ratio as the main evaluation factor, Masaniello is what I believe to be the best.
While being customizable in all its aspects to have more aggressive or conservative approaches, I realize that perhaps there are even better methods around. I come to this first after analyzing the IQ Option tournaments for weeks. I admit that the very first impact I had was that certain results were bogus and completely invented. So I decided to sign up and try it myself. Actually I managed to get up to 17th place and my name was on the list.
This does not 100% rule out that some results are false, but at least I have ascertained that the process really works. I also admit that between my ranking and the first one, there was an abyss . The second consideration that I have extrapolated is the following: as some users do starting from a 100 usd account and taking it in 24 or 72 hours to figures such as 10'000, 15'000, 20'000 etc .. The first answer that I gave myself is: on a psychological level there is a huge difference between a virtual account and a real one.
Exactly like a demo account and a live account in traditional trading. Ok, that's a fact but that's all? In fact, my third consideration was: virtual or not, however they succeeded and it is not a trivial fact. Maybe the result of a simple case? Or trading similar to reckless gambling? Maybe it would hold up to a certain point but to arrive at certain figures, which are the result of many operations, I would tend to exclude these two hypotheses.
