First of all, what is the auto-trading software?
Auto-trading software is traded software automatically: traders set the parameters, but then does not intervene in the operation of the program. These programs are also known, for obvious reasons, like a “robot.”
First, the software collects market data from feeds that are as “real-time” as a regulator of the market will allow. Then, analyze this data to create a signal (an indicator of market trends), which triggers the selection and execution of trades. This happens almost instantly and with total accuracy, within pre-set parameters: when the honest intent of this software, the trader wishes to do.
Effective Trading Systems
If you are familiar with the stock market trading or Forex trading, you will be familiar with the trading systems available in the Option Robot.
They are long-established and tested well in the markets, as well as in binary options trading. The challenge lies in applying the system – unless you use the Option Robot.
This is because the team at Option Robot gives you the tools to take advantage of three of the most popular trading system that is being used.
By using one or some combination of these systems, you can control your exposure to risk, and manage your investments.
Classic Trading Systems
It is a popular choice among many traders because of its simplicity and because it is a safe way to manage risk.
Of course, there are risks involved, as there is with any type of trading or investment activities. Risk mitigation is key, and that’s what the classic trading system.
It works by maintaining a constant value of each trade, unlike other systems that differ depending on whether the value of trade between the previous trading wins or loses.
When you use the classic trading system, all your trades are stored at a constant value.
This is a high-risk strategy and high-reward. It is based on the principle that as long as you use a reasonable method to choose which trades to make, one of them will eventually become a winner.
Nothing happens with the system when you put a winning trade – you place your next trade is the same value. If you lose a trade, however, the amount invested in the next trade is two-fold. If trade were also lost, the next trade is doubled again. This continues until you hit a winning trade and recover some of the losses that you make.
Why is a high risk strategy? Because there is no way to predict how long a losing streak as possible. Each merchant passes the losing streaks, and if you find one that is long, you will need a great balance to not go bankrupt.
Fibonacci Trading System
Fibonacci trading system based on the Fibonacci sequence of numbers. It’s quite complicated mathematical and trade rules, but they were able to understand the concept and apply it effectively can use it to produce good results.
Like the Martingale system, there is a basic value for every trade. If you win the trade, the next trade is placed on the base value.
The trading system kicks every time you have a losing trade. Basically, it follows the Fibonacci sequence of numbers: if the next number in the sequence is five, for example, the amount invested in the next trade is five times the value of your basic trading.
This ensures recouped losses and help you make a profit but carry risks similar to the Martingale system, that is, if you go on a long losing streak you can easily run out of money.
Option Robot Features
The demo account
One of the best features of an Option Robot for those who are new to the platform is the fact that it offers a demo account. This is a fully functional account that has full access to the trading platform, and all the tools and features available.
You can monitor the assets, try trading systems and trading places. The big difference between the full account and a demo account, however, is that you use cash instead of your own money stuffed.
Obviously, it means you do not get any benefit if trade win but, equally, you do not lose anything if the trading loss. It allows you to test the platform without risking your own money.
For these reasons, the demo account which is popular with traders both new and more experienced who want to try out the features of the new trading platform before making a real investment.
There is one thing you should be aware of when creating an account Robot demo of your choice:
You must register with Option Robot and open an account with one of their affiliated brokers. You do not need to make a deposit, but some people are cautious even so about signing up with a broker.
That said, considering there is no need to deposit money this requirement should not present too many restrictions.
The first place you should look if you have any questions about Option Robot or your account is part of the FAQ.
It is detailed and informative and has answers to many frequently asked questions.
If you do not find the information you need, you only have one other option – to call the customer service team via email. This email address [email protected] Robot selection is not committed to the query response time, just say that you will get a reply soon.
This is one of the most disappointing features, especially when compared with some alternatives that offer other contact methods, such as live chat and telephone assistance.
Tutorials and Learning
Many of the leading trading binary options platforms offers a variety of tutorials and learning materials to help merchants familiarize themselves with the system, and to teach them about binary options trading types of educational materials including video tutorials, how-to guides, eBooks, and learning modules. Unfortunately, Option Robot has none of these things.
Actually, Option Robot does not have to provide them. After all, it is the trading platform, not a broker, and it is the broker who usually provides training materials.
In the real world, however, most of the trading platform is better not to invest in these materials to help their users. In Option Robot, you can check out the blog, though not always up-to-date.
You can also read our FAQ section; However, you should turn to Google for answers to most of your learning questions.
Advantages and Disadvantages of Option Robot
A website built – binary options market trading include everything from cowboy operators to multinational corporations. As a result, you get a complete range of websites, from very good to very bad.
Robot selection is very good at the end of the scale. To start, do not use stock images of smiling people who are pretending to be a successful user – dishonest tactics are never a good sign.
In addition, the website is intuitive and easy to use, while also being well laid-out with an attractive design.
Honesty – in a sense, this follows on from the last point. Honesty is an important element in the binary options trading platform is good, but that is all too rare.
Usually, what you find is a platform that promises riches a few hundred (or even thousands) every day. That is, of course, is not true, and anyone who has been involved in binary options trading at any level will know this.
Those platforms that use this marketing strategy continues to make promises, however, in an effort to lure new customers. Robot selection of the chorus, which is a welcome departure from the norm.
Instead, it makes the focus on how traders can use their platform to successfully implement a trading system.
Customization information – this feature is somewhat unusual for a binary options trading industry: not many platforms provide much information about how their systems can be adapted or adjusted.
Option Robot, which makes it easier for you to implement strategies that have been developed.
Internet and web-based – binary options trading platform that charge money just to access the software they ring alarm bells. They often do this because the software must be downloaded and installed locally on your computer.
Most traders do not like any of these things, that is, not the fact they have to pay for the software as well as the fact they have to install anything on their computers. Robot free choice, plus it is web-based, so there is nothing to download and install.
You need to use the internet access system and a device – phone or computer. One drawback to this is that you can not access the Option Robot if you’re offline.
In that state, competitors such as Binary Option Robots, which can be accessed offline, will have the edge. However, most people always have an internet connection, so this should not be a big problem.
High-quality brokerage – trade binary options successfully require a number of different elements. This includes a good trading platform and an effective strategy. Another important element, however, is a good broker.
A broker that you can use with Option Robot all of the high quality and is recognized throughout the industry.
Including weakness – before you invest time and money in it the best that you know a lot about binary options trading platform it probably is. Robot weakness Options are:
It does not have a track record – Option Robot offers a number of innovative features, including an impressive signal that it generates. This has created a lot of interest in the binary options trading industry, and many people pay attention to what Option Robot doing.
That said, short track record against its competitors in the market. This is simply because they have not been around for, but it remains a fact that the success of the claim could not be verified to detail and time-tested record together with other trading platforms.
This is not always an indicator of poor quality, but it is something that you should consider.
Only one asset available – the only asset that you can trade in Option Robot is a currency pair. He has decided to focus on one niche in an effort to become an expert trading platform for certain types of assets.
This is a risky strategy, as most traders like having the option to choose the asset type and include a variety of different assets in their trading strategy include indices, stocks, and commodities and currency pairs. Maybe pay for Option Robot but be frustrated if you want to expand the range of assets that you trade.
You must open a new brokerage account – as described above, the process of getting set up with Option Robot involves registering an account with the trading platform and one of the brokers they are approved.
What if you already have some experience with binary options trading, however, and already have an account with one of the brokers offer?
Unfortunately, you will not be able to use it. Instead, you must re-register with a broker and open a new account.
This is a method of operation that only affects merchants with accounts (eg, those new to binary options trading will not be affected), but rarely popular.
This lack of transparency – most binary options trading platforms provide clear information about who owns the system and develop a platform. None of this information is available in Option Robot.
That means we do not know who they were, or where the platform came from. That would be a concern of many people.
Robot selection is not perfect by any means, and we have outlined a few areas where it could do better. It does not deal-breakers, though, and can be solved with
Option Robot with little effort and focus. Seeing the positive aspects of the platform, the conclusion is that this is one of the top robots is currently available for trading binary options.
In general, this is not an easy market for traders to operate. These difficulties are amplified if you are a new trader in the industry and try to find your way.
The number of scams out there is confusing, even for the big players. Binary options brokers used to be the biggest risk for the trader, as witnessed by the number of complaints that flooded a website like ours, and for regulatory bodies around the world.
Trying to navigate through a broker dodgy at times it was almost impossible. However, regulators stepped in and now a better picture. Of course, there are still brokers scams out there, but they are not common because they are in the past.
The spotlights are often displayed on the broker by websites like this, so it is becoming increasingly difficult for them to operate.
Which lead to other problems, however, as scammers simply shifted their focus from binary options broker for automated trading platform. Regulatory position in this market is far less clear.
In fact, no single jurisdiction in the world that can be described as having adequate regulation.
That leaves it to sites like us to investigate and analyze the platform has to offer, to explain to the merchant exactly what to expect from a particular provider, and what the potential risks.