Trans. Traders can then commence using the software. In addition, the price targets are key levels that the trader sets as benchmarks to determine outcomes. A win ratio of 75 is quite good for automated binary options trading. What is a binary option robot?
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Protect your profits, sell your long-term contracts before expiry to protect any profits you may have made or to minimise your losses. Which Are The Best Trading Strategies? How Does a Stock Trade Work? Thank you Automated Binary. Who Can Benefit from This Type of Trading Software? We set the parameters in the software to make 30 trades when the proper signals came in that conditions were favorable for a profitable trade. Step 2: Get your price The price of the contract is automatically calculated by our patented pricing technology based on the parameters you've defined in Step. Mikes Auto Trader also claims to be a 100 auto trading software, but we did not find that to be the case as it does not place trades automatically as we mentioned before. Trade amount set. But the software itself will help you pick out signals to make trades on, just like any expert binary options investor would; there is no learning curve or knowledge gaps with the BinaryOptionRobot. Traders can select the currency pairs that the robot will trade, the expiry time and the amount that will be invested in each trade along with the indicators that will generate the signals under Settings. Avoid allowing any account manager to trade for you.