Aug 282013
 
OptionBit-Binary-Options-Trading-Platform-Image

OptionBit Overview & Brief History Facts

OptionBit launched their operation during the last couple of years ago, May 2010. And like most online brokerages, their trading platform is web based. This gives traders of OptionBit’s trading platform tremendous mobility as it allows them to trade from virtually any location around the world so long as there is internet access. Based and operating out of Cyprus, OptionBit have continued to grow from strength to strength as they are one of the more reliable binary options brokers around in this competitive market.

The OptionBit Trading Platform

OptionBit’s trading platform has a wide array of tools and resources useful for binary option trading. Their trading platform is user friendly and also offers a “My Trades” box that indicates trades that are open.

Types of Trading Available With OptionBit

Through the trading platform provider TradoLogic, OptionBit provides you with 3 three types of trades

    • Regular above/below binary options
    • Extend and Close Now feature
    • With this feature, traders can extend or close their trading options on the spot.

OptionBit Payout Arrangement

OptionBit offers a very competitive rate on the return for trade “in-the-money” that ranges from anywhere between 65 to 81%. However, they do not offer any return for trades that are “out-of-the-money”. For the added protection of traders, clients’ funds are protected and held in a different account.

OptionBit’s List of Trading Assets

As a trader with OptionBit, you have the opportunity to trade on several types of underlying assets like:

    • 6 types of Commodities
    • 11 Currency/Forex pairs
    • 10 stocks and 7 indices
    • Bonds

OptionBit Customer Service Reputation

With OptionBit Customer Service, traders can reach them through “Live Chat” or request them to respond back through the email option or call back option. Traders whose mother tongue is not English will be relieved to know that Customer support is available in Spanish, German, Russian, and Turkish.

Plus aspects for OptionBit

  • OptionBit have an excellent multi-lingual support team, excellent for traders who are not fluent in English.
  • Their Extend or Close now feature allows traders to lock in their profit, ‘close now‘ or to increase your profit yield by extending the expiration time on your trades.
  • Autotrading software, especially OptionsBit’s new signals robot ‘Algobit’  are neat little features that allows you to automatically rollover your profitable positions. With this feature, your can take advantage of a momentum without being glued to the screen.

Minus aspects of OptionBit

There is really only one slightly negative aspect with OptionBit, the fact that they don’t offer money back for your trades that are out of the money. We can’t have all the cake and eat it.

In conclusion and our rating

OptionBit have exceeded our expectations because currently there are no binary options brokers that offer both the “Extend or Close now” feature and and advanced “Autotrading” software available on the OptionBit trading platform. Only OptionBit provides these great extra features for us as traders. Coupled with the ease of use of the trading platform, we feel OptionsBit is well worth your interest. Our Rating 8/10. Visit OptionBit Brokers Here….

Increasing your monthly income with OptionBit

 OptionBit is the number one choice for online trading, offering a wide range of financial services, including currency trading, commodities, indices and much more. Both beginners and more professional traders will benefit from the powerful and easy to use trading tools and services that OptionBit has to offer. Enjoy a unique robust trading platform that creates an ideal work environment, allowing you to invest more time on actual trading and increase your chances of becoming a successful trader.

News Flash – Algobit Trading Signals Robot Has Launched

Algobit Is A New Trading Signals Robot From OptionBit

Watch the Algobit YouTube Tutorial Below

“If You thought that working with OptionBit has paid off until now? You are right- but that is nothing compared to what the future holds with this amazing new trading signals robot, I was instantly confident after trying it out on only 4 small trades as a test”

Just a few days ago we launched our new signal bot- Algobit. Unlike the field’s familiar bots, Algobit doesn’t trade for the trader- but rather, supplies the trader with constant trading signals with amazing accuracy! Traders simply:

1.Watch the signal
2.Enter the recommended trade
3.Collect their profit

Trading with Algobit is being reported as one of the the easiest and most profitable experiences with a signals service that traders have tested in the last few years. It seems to be the answer to all traders’ wishes and the numbers follow that feedback. Since the Algobit launch OptionBit VIP traders increased their binary options portfolio profits by an amazing 22% and they registered 40% more in trading volume. As Algobit runs on its own platform, trades are executed directly, so traders do not need to login to OptionBit as well.

AlgoBit-Trading-Robot-Software-Image

 More Fantastic Trading Tools

OptionBit traders also have access to the ‘Close’ and ‘Extend’ features. The ‘Close’ option allows traders the ability to sell options before the time of expiration in case of unpredicted performance or to ‘lock-in’ a profit, while ‘Extend’ allows traders to extend the time of expiration in order to increase the odds of greater financial reward. OptionBit also provides its clients with round the clock trading and smaller bidding amounts, perfect for beginners to practice trading before hitting the markets like a professional.

Start trading now and get a bonus of up to 50% on your first deposit!

Flexible Trading With OptionBit you are in control. Benefit from the ‘Close Now’ ability that enables traders to cancel an option before the time of expiration. This helps you maximize your earnings and decrease your losses. In addition, you will enjoy OptionBit’s ‘Roll Over’ feature, allowing you to continue an option after it has expired.

Learn how to earn

Learn everything you need to become an options trader, including 1-on-1 training with an options expert. You will also receive a free eBook that explains the basics of options trading and how you can take advantage of the wonderful opportunities available. OptionBit’s dedicated support and technical staff are also standing by to assist in any way possible, in order to ensure that you have the best chance of becoming successful trader.

There has never been a better time to increase your income

Increase your monthly income as an options trader. You can trade from home, the park, while on vacation, or anywhere else – 24 hours a day! Start now and live the life of financial freedom and stability you always wanted.

Start now and earn up to 81% profit on your investment.

Full Length Algobit Video Review

Latest News Update May 21st 2014

OptionBit and OptionXP are now regulated under the EU-recognized CySec Regulation
Due to OptionBit’s and OptionXP’s constant striving to fit with the needs and expectations of the binary options’ industry, both brands are now fully compliant and regulated under Cyprus Security and Exchange Commission. As result, both brands have resumed full trading activity in Italy and will continue to operate and provide same financial services worldwide.

“While we were always a trusted broker”, says company CEO, “CySec regulation stamps it as a fact- we are here to provide traders with the best platforms and the best services in the most honest and reliable matter. Our mission is to continue being the main player in the binary options’ industry. We have been acting upon this goal prior to receiving the regulation, thus surely, we are expecting nothing but growth and further success after completing this move”.

EU-recognized CySec regulation allows OptionBit and OptionXP to operate in full and under regulation in all European countries, assuring traders from all over the world that their funds, their privacy and their trading efforts are fully secure and optimized.

OptionBit and OptionXP are now regulated under the EU-recognized CySec Regulation
Due to OptionBit’s and OptionXP’s constant striving to fit with the needs and expectations of the binary options’ industry, both brands are now fully compliant and regulated under Cyprus Security and Exchange Commission. As result, both brands have resumed full trading activity in Italy and will continue to operate and provide same financial services worldwide.

“While we were always a trusted broker”, says company CEO, “CySec regulation stamps it as a fact- we are here to provide traders with the best platforms and the best services in the most honest and reliable matter. Our mission is to continue being the main player in the binary options’ industry. We have been acting upon this goal prior to receiving the regulation, thus surely, we are expecting nothing but growth and further success after completing this move”.

 EU-recognized CySec regulation allows OptionBit and OptionXP to operate in full and under regulation in all European countries, assuring traders from all over the world that their funds, their privacy and their trading efforts are fully secure and optimized.

US Traders Welcome Top 5 Binary Options Brokers
Rank Brokers Name Rating Deposit Website Reviews
1 Cherry Trade – USA Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site
2 GOptions – USA Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit GOptions Website Read GOptions Binary Options Brokers Review
3 Redwood – USA Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read Redwood Binary Options Brokers Review
4 99Binary – USA Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 399.00 Visit Site Read 99Binary Binary Options Brokers Review
5 EZTrader – USA Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read EZTrader Binary Options Brokers Review

Top 10 Binary Options Brokers Review Comparison Chart All Countries

Rank Brokers Name Rating Deposit Website Reviews
1 TradeRush Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read TradeRush Binary Options Brokers Review
2 OptionBit Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read Review
3 AnyOption Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $200.00 Visit Site Read Review
4 Boss Capital Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site
5 24Option Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 250.00 Visit Site Read Review
6 Banc de Binary Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 250.00 Visit Site Read Review
7 StockPair Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read Review
8 Opteck Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 250.00 Visit Site Read Review
9 OptionXP Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 200.00 Visit Site Read Review
10 OptionFair Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5Rating: 4.5 $ 250.00 Visit Site Read Review
Aug 042013
 

As an active trader in today’s market, you are faced with unprecedented challenges. Dramatic price swings in equity, debt, and currency have made it tougher than ever to manage and trade risk. But with great risk, of course, comes great opportunity— and Advanced Options Trading delivers a detailed system for successfully trading options in a highly volatile and unpredictable global market. Noted options educator and owner of his own brokerage house, Kevin M. Kraus explains the best practices for using options to capture premium, reduce equity purchase prices, manage the costs of buying options, and control portfolio risk—critical skills for finding steady profits in our ever-shifting economic landscape. He offers a close examination of the nature of volatility and what it means for investors, whether they’re just getting started or are veterans of the options market. Advanced Options Trading covers: The critical nature of forward-looking implied volatility Ways to level the vol
Price:$33.00 (as of August 23, 2013 at 4:08 pm UTC detailsProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on www.amazon.com at the time of purchase will apply to the purchase of this product.)

Read more

Advanced Options Trading: Approaches, Tools, and Techniques for Professionals Traders
Oct 072012
 

Did You Begin Day Trading As An Indicator Only Trader?

Did you start day trading after getting a book on technical analysis, and acquiring a charting program – possibly a free of charge one which you found on the internet – to be able to save capital? Even though reading your book you learned about trading indicators which could ‘predict’ cost movement, and what do you know, the ‘best’ indicators had been in fact included within your free of charge charting program – let the games begin.

Now that you have all of the day trading tools that are important, the book for education Along with the free charting program with those ‘best’ day trading indicators, you now have to have each day trading strategy so you can choose which ones of those ‘magic’ day trading indicators you’re supposed to use. This definitely is actually a wonderful book, besides telling you tips on how to day trade employing indicators to ‘predict’ price – it also stated which you want a trading program to day trade.

So what must this strategy be? The book told you about trend following utilizing an indicator referred to as macd, and it also told you how it was possible to pick the top or bottoms employing an indicator known as stochastic; my guess is that you picked the stochastic indicator to start your day trading – this need to be the ‘best of the best’ because this indicator was going to make certain you of entering your trades with the ‘best’ cost. Wonderful, basically remarkable how straightforward this day trading stuff seriously is. In fact, why even bother taking the trades, every single time your indicators give a signal – just call up your broker and tell him to stick $100 in your account.

My book was Technical Analysis of the Futures Markets. My charting program was TradeStation with an eSignal fm receiver; that was the one that for those who hung the antennae wires just suitable, and you put sufficient foil on the suggestions, you might even get quotes. I had sold a business enterprise just before I began trading so I did have some capital – is not that how everyone gets into trading, you either sell a business enterprise or you lose your job? My indicator was the macd as I had decided that I was going to be a ‘trend follower’ as opposed to a ‘top-bottom picker’. I also decided that I was going to be ‘extra’ clever, if one indicator was great than two indicators should be greater, so I added a 20 period moving average. My initial trade was a winner, then soon after quite a few months of extensive therapy, I was lastly able to forget the next twelve months – ahhh the memories 

Learning To Day Trading – The Learning Progression

Beginning to day trade, or learning to day trade, as an indicator trader is very typical. This is also logical when you consider – HOW are you supposed to initially learn how to trade? Trading indicators are available to anyone who has a charting program, and basically making use of line crosses, or histogram color changes, provide ‘easy’ signals to understand. Should you will also take the time to learn the arithmetic behind your indicators, as well as learning what each and every indicator is specifically intended to do, not only is this a logical way to begin, it is also a superior ‘step’ inside your learning progression – understanding the WHAT you are doing, instead of attempting to create ‘canned’ indicator only trading systems, without any regard as to WHY you’re trading this way.

This does become 1 of the ‘sticking’ points inside your learning progression, as you come to find out which you are unable to profitably trade indicators as signals only – now what? Now what – you ‘can’t’ develop your own indicators, so you begin doing google searches for day trading indicators and start off purchasing your ‘collection’ – they don’t ‘work’ either. Now what – you buy a mechanical trading system – what does hypothetical results may not be indicative of real trading or future results mean? Now what – you start off subscribing to signal services OR you commence joining the ‘latest and greatest’ chat room – am I genuinely the only person making use of the signals who is not profitable?

Now what – you never learn ways to trade.

I began trading as an indicator trader, and I did try to learn everything that I could about the various indicators, as well as trying to combine indicators that were consistent with how I wanted to trade – I just could never develop a mechanical day trading system from what was available to me. I read a couple more books that didn’t genuinely help me, so I then started looking for someone who could teach me. From what I now know about gurus -vs- teachers, I am very lucky that I got involved with a funds manager-trader who taught me a tremendous amount, but I still couldn’t get profitable, in part because there was also ‘pressure’ to learn the way to trade using real capital. As well, any discussions or thoughts about trading psychology and also the issues involved, especially to beginning traders, was non-existent.

Now what – learning but losing – I stopped trading.
Learning to trading utilizing real money, and ‘scoffing’ at trading psychology as just individual weakness, definitely was something that I now regard as misinformation. I always mention this as I now feel that this cost me as much as a year of time, and was very close to costing me my trading future, as stopped trading was VERY close to quitting trading. How can’t trading psychology be real to a beginner, when you consider that you are risking losing funds at a very fast pace as a day trader, and when you further consider which you are also doing this when you really don’t know what you are doing – this is NOT by definition being weak. And if trading psychology is real, how are you going to learn to make ‘good’ trading habits with real money whilst you’re fighting the implications?

Now what – not trading and not ready [quite] to quit – still studying and searching.

In all probability the single most important ‘thing’ that got me to a next step in learning how to trade, was the concept of a trading setup, and that a setup and a signal were not the same. This was extremely meaningful to me, as it also led to an understanding of the best way to better use trading indicators for the information that they can provide, but not to use them as trading signals – in essence I began learning about trading method where discretion could be consistently applied -vs- trading system that was mechanical and arithmetic rules.

Traders who are indicator only traders, are also what I refer to proper side only traders, that is they are always looking at the appropriate side of their charts for an indicator signal. BUT what about the left side of the chart, what about price and patterns, what about market conditions – WHAT about the relevant ‘things’ that are ‘moving’ price, rather than indicators only as an arithmetic derivative of cost, and thus, one that is dependant on the time frame which you have chosen to trade from? These ‘thoughts’, along with the concept of trade setup, became instrumental in the development of a trading method, and how I came to turning my trading around.

When I think about the steps in my learning progression – I would list them as follows:

2/95 – 6/96
indicators only
teaching service that included signals
learning to trading with real funds and trading psychology issues
stop trading

6/96 – 3/97
understanding of trading psychology issues
learning about trading setups concept
trading method -vs- trading system
trade setup – trade trigger are not the same
method development
understand the importance of the left side of the chart and what is happening ‘across’ the chart
related trading setups and how/when they triggered
indicators + pattern
indicators + pattern + cost
indicators + pattern + price + market conditions

3/97 – 11/97
able to paper trade profitably
able to real income trade profitably
able to trade for a living

Indicator Only Day Trader – Setup Including Indicators Method Day Trader

I have attempted to discuss the way I started day trading, plus the way I think many-most traders typically begin. Along with this, I have pointed various issues and problems that I had – those regarding tips on how to learn to trade, and then progressing into a profitable trader. My experiences have been both personal, as well as those of quite a few traders that I have worked with over the last 8-9 years through Tactical Trading – that a very large number of these problems are due to day trading only with indicators, the specific indicators used, along with trying to turn these indicators into a mechanical trading system. This is not to say that this can’t be done – I just couldn’t do it. However, I would strongly suggest that anyone who is in the early stages of day trading, or struggling with their day trading, consider these things that have been discussed.