Trying to call market tops and bottoms can be disastrous for traders. Typically, when trading a market top or bottom, traders enter the trade and then move the stop, adversely or altogether, because they are convinced they are right and the market will go up, after this “one last move”. Then when the trade continues against them and the loss is just too painful to continue, they finally exit — only to watch as price goes in their favor once they are out.
There is a better way to trade these!
In this short video, when trying to trade market tops and bottoms, you will learn how to:
- Identify Where to Place a Binary Trade Using an Out of the Money Binary Option
- Effectively Limit Your Risk Using the Binary Options
- Identify Where to Take Profits Based on Your Initial Risk
- Skew the Risk to Reward in Your Favor to Give You a Positive Expectancy