following the trend, you wont fall into a financial trap your profit will more than compensate for the losses if you follow this rule. If there are, then spotting a trend will be difficult, and even if you do, its not going to be safe to trade. Keep in mind that trends rarely go for more than 5-10 minutes. Whether they are uptrend or downtrend doesnt matter, but you need to be able to spot them. If the market conditions are good for you, then enter the trade. Look at the chart and when you see that the price has moved in the same direction two or three times, then this may signal the emergence of a trend. If its a trend reversal, simply follow. In case you lose, wait for a bit and check if its a temporary pullback or a trend reversal. Of course, the mandatory prerequisite knowledge has to be there if you hope to realize this strategy to its full potential.
Follow The Trend Binary Options Trading Strategy
Once youve established that there is a trend, you make a trade in the same direction as the trend. If you lose a few times in a row, stop trading. Its important not to trade when there are big market fluctuations. Open a chart of the market youre interested. This is how the strategy works in general, but there are several very important aspects you need to be familiar with.