MUST READ - Binary Options Brokers Warnings
(+) You must always be careful when trading with binary options brokers, some of them that look to be legit and even are regulated have turned out to be nothing more than boiler rooms and bucket shops.
(+) When first dealing with ANY binary options broker first deposit a SMALL minimum deposit for trading.
(+) Never take ANY bonuses! After making profits from first trade ask for an immediate withdrawal.
(+) If you are called on the phone and asked to make any LARGER deposits ALWAYS say NO.
(+) After making a successful withdrawal of first profitable trade + deposit amount you can start to trust the broker.

Binary Options Signals



Today we have a reader contribution from James Davidson (Birmingham, UK). James has been trading binary options using several signal providers for the past 3 years.

As a token of appreciation to the free resources this site has brought him, which according to him were “a major factor contributing to my profitability”, he decided to contribute this article on the basics of binary options signals and how to use them.

Why Use Binary Signals

Predicting how the value of an asset will move on the financial markets within a specific time frame can be challenging. To win, we must accumulate as many advantages we can, and using binary signals is one such major advantage.

Also, analyzing financial markets requires enormous time commitment, which many of you may not have- the solution is binary options trading signals.

These signals are designed to assist you to go from a newbie to pro, or from being just a good trader to a great one, by making the right choices on how an asset will behave on the market.


We have different types of binary trading signals provided by many signal providers. These signals are interrelated to types of underlying assets available for binary trade, such as forex, stocks, commodities, and indices.

If your signal provider offers signals for a large variety of assets, it increases the number of opportunities and your chance of flexible trading.

However, it doesn’t matter if the signals are for forex, stocks, commodities or indices. They will always be simple “put” or “call”, as will be explained in a minute.

Two Modes of Signals

There is no one formula to help you become a successful and consistent trader, but using binary options trading signals can significantly help boost your income.

This is conditioned in you finding a good, honest signal provider, such as the ones we tested here.
Not only does using binary options trading signals help you avoid having to sit for long hours analyzing market trends, having information at the tips of your fingers gives you the edge you will need to make it big.

You will have two modes of signals to choose from: automated or manual trading. Some binary signals providers offer both mode, some will offer just one.

1. Auto trading signals – the signals are being automatically launched in your account.
This is best if you don’t have time to sit in front of the platform to wait for a signal, or you’re a newbie with experience of how to analyze financial markets. The signals will do all the analysis for you, plus actually execute the trade. You will need decide the amount to invest per trade and usually some other parameters to control risk.

2. Manual trading signals – you execute the signals according to the instructions you get from the signal provider.

You need to keep the signals platform (or app) open, and wait for signals to come. As soon as you get an alert for a signal, you need to start the trade. In this process, you choose the asset, investment amount and press the correct button for a Call or Put option.

Are signals useful for beginners or advanced traders?

The answer is actually – for both. The reason is, that beginners can use automated signals to be trading regularly without the need to know the theory and practice behind them.

However advanced traders can use binary options signals, of the manual variety, as they conduct their binary options analysis to increase the results of their trading strategy.

By gaining current knowledge on an asset, such as a stock, commodity, currency pair or index, a trader will be able to make a prediction based on the current environment the asset is trading within.

Some traders like to combine the signals with monitoring financial websites, video market commentary on sites such as YouTube as well as other media sources that are available online.

Monitoring the financial market given them the background and general direction, while the actual trading signal is their trigger to enter, if they think that the signal agrees with the general direction that they’ve found.

Conclusion

Numerous advantages can be had by using binary signals, such as saving time, gaining confidence and enjoying the same results as seasoned trading pros.

Most importantly, signals can give you that all-important edge over other traders in the market, so you can come up on the winning side.
You should choose a signal provider wisely, avoid scams and decide between manual and automated signals.

I’ve personally found signals to be my “secret weapon” in the binary options world.