Many traders wonder what is the key to success when it comes to binary options trading.
The truth is that many aspects are involved in order to bring about the desired trading results.
Yet, for South African traders which opted to use a trading software like the vastly popular Binary Options Robot trading settings play a pivotal role.
In using Binary Options Robot trading settings, South Africans avoid the extended amount of time involved with manual trading.
However, in order use all that is available with this binary trading solution, South Africans need to understand and use all available Binary Options Robot trading settings to their advantage.
Naturally, there are some risks involved, but with better understanding those too can be lowered and managed.
In this article, we shall guide all interested South African traders through all Binary Options Robot trading settings so that traders can get the most out of them.
Binary Options Robot Registration
The first step to using Binary Option Robot is the registration process.
Binary Options Robot registration South Africa process is simple, straightforward and free. All traders need to do is fill in the basic information in the provided web form and they are one step closer to using Binary Options Robot trading settings.
The next step is to make the deposit, as that is really the only necessary requirement before they can start using this otherwise free trading software.
Furthermore, South African traders also need to understand that they make a deposit with one of the connected binary brokers and not with Binary Options Robot.
Traders will be quickly directed to the binary broker site to make the deposit. After that, they can return to Binary Options Robot dashboard which will show their balance.
Dashboard Trading Settings
Very often traders believe that the way to earn more profits is to leave Binary Options Robot trading settings as they are.
However, simply because South African traders might be beginners in binary options trading it does not signify they should not adjust trading settings differently.
The best and simplest way to start is by adjusting Binary Options Robot dashboard trading settings. There, traders can find Daily Stop Loss and Max Daily trades as well as Trading Amounts which should be adjusted first. These are simple, and every beginner can navigate them easily.
After that, South African traders can move to the VIP account trading settings.
The key is to use all available Binary Options Robot trading settings in unison as that might bring the highest chances of making profits.
Binary Options Robot – Max Daily Trades and Daily Stop Loss
Both Binary Options Robot Max Daily Trades and Daily Stop Loss are significant trading settings as they can influence the trades. South African traders who use them wisely can experience a different quality in their trading.
With Max Daily Trades, it is possible to clearly set the precise number of traders that should be done daily. Traders just enter the number of trades they wish to be placed for a day.
Once this amount is reached, the trading will stop. This is a great setting as it can prevent the unnecessary monetary loss and it is especially beneficial to newbie traders.
Daily Stop Loss is just another fantastic opportunity for traders to manage their account more effectively. With Binary Options Robot Daily Stop Loss, traders get to dictate the amount they wish to invest.
When this amount is reached, the trading will cease.
Naturally, the trading settings may be changed at any moment. But, it is this possibility that points just how incredibly diverse and flexible Binary Options Robot trading settings truly are. And just how much control and freedom South African traders really have in navigating this binary options trading solution.
Underlying Assets on Binary Options Robot
Binary Options Robot is an incredibly diverse binary trading software and that is visible in the selection of underlying assets they provide to traders.
When South Africans register, they will see that they have a choice of over 50 available underlying assets and they certainly affect the abundance of binary signals. The underlying assets on Binary Options Robot are sorted into stocks, commodities and currencies.
Again, the choice is strict with traders, but the more underlying assets are marked as active the more binary trading signals will be generated. Obliviously, that affects the possible profits directly.
South African traders will not have to pay any extra fees for keeping all or most underlying assets active but can benefit greatly from it. Additionally, with using Trading Amount settings, traders can set completely different trading amount for each underlying asset type.
Binary Options Robot Trading Settings on VIP Account
One of the most significant aspects of selecting this binary options trading software is the outstanding VIP account they provide. Binary Options Robot trading settings on their VIP account are efficient, advanced and diverse.
There are three major trading settings – Trading Strategies, Risk Level and Expiry Times.
Each of these Binary Options Robot trading settings is unique and again, South African traders may adjust them as they see fit.
With Expiry times, they can select either the short-term trades with 60 seconds or longer trades with Daily Trades. In Trading Strategies, they have a phenomenal selection of 5 unique trading strategies each with its own set of advanced trading algorithms.
The Risk Level setting contains four different risk levels so traders may adjust it according to the level or risk most acceptable to them.
Using all these Binary Options Robot trading settings can mean the difference between average profits and outstanding ones.
Binary Options Robot Auto Trade Approval
Lastly, another aspect which sets this robot firmly apart from all other similar binary options trading software on the market is their Binary Options Robot Auto Trade Approval.
This is a unique approach to accepting trades which has put traders in absolute control.
The way this works is that South African traders get generated signals appearing on the dashboard, but in this case traders actually get the Auto Trade Approval pop-up window which informs traders about the potentially profitable trade investment.
That means that alongside the info containing the underlying asset, binary broker, call/put option, expiry time and the investment value traders also get to say – yes or no.
Simply put, they either approve of the suggested trade or they decline. The final choice is always with the trader and not the software.
Once all of it is put together it is easy to see all South African traders get with this binary options trading solution. It saves valuable time since traders needn’t analyse the market and do all the trades manually.
And, with amazing Binary Options trading settings which can be adjusted any way traders in South Africa see fit and the fantastic Auto Trade Approval for ultimate control, this is a trading solution like no other.