All About Binary Options Trading According to Mark Tencaten & Team


Many people attribute binary options trading to a kind of betting because a trader only has to trade between two variables; the rise or fall of a certain market or Forex. For some, however, it is an easy way to trade and often generates substantial profits for traders. But as simple as it sounds, binary options trading is not for beginners and certainly won’t work for people with no index trading experience. This is where Mark Tencaten and his team of professional market analysis experts come into play.

Mark’s team has created an effective strategy to earn significantly in binary options trading. By instituting a combination of variable trading timeframes and using market alerts that help traders make the right trades, create a high probability of winning. Market alerts are basically predictions indicating whether a particular market or Forex is rising or falling for a particular time period. When a market or Forex prediction is to fall for a certain period, trading in that direction will result in a win if the market actually falls within that certain period. These predictions are based on expert analysis from market experts around the world. To maximize profits, the team also trades on different foreign exchanges as another strategy. Thus, in the day, more than 10 trades per day will allow traders to get the most out of the usual trading results.

An interview with Mark Tencaten gave us some insight into how he managed to earn with binary options trading and what his thoughts are regarding his future in the world of index trading.

We asked for his opinion on current issues surrounding binary options trading and how to deal with fake traders. His point of view revolves around regulation. Binary options are a legitimate business and there are a small number of companies that engage in unacceptable practices that negatively affect the image of the industry. He pointed to certain operations in Israel that encourage people to engage with certain brokers, get their money and eventually leave. These types of practices do not necessarily reflect the reality of binary options trading.

“I’m a little appalled to know that a small number of illegal companies that tricked people into investing in binary had a huge negative connotation for the industry. I think the issue here was more about regulation relative to the operation of these bogus companies rather than the industry as a whole. Otherwise, if we single out binary options, it is better that we include other markets as well,” Tencaten wrote in an email.

He reiterated that binary options trading is not for beginners. Skill is needed to win in this area and it would also require a self-assessment of the level of risk traders can trade. Also, market alerts are there to guide you but cannot be used alone. Traders, especially those who are self-directed, should be able to learn and know how the commodities they are trading are performing in the market and at a given time period.

Finally, a good exit strategy will prevent a trader from losing so much. Normally, trades can start at a minimum of 10% of the total money value of traders’ daily trades. This limit serves as a backup during the trading day and also guarantees multiple trades within the day. They should also pay attention to the Stop Loss – Stop Profit percentages, as this will help them to automatically end trading once the set percentages are reached.

In the end, the success of binary options traders really depends on several factors. But if you familiarize yourself with the techniques and stay connected with people like Mark’s team, you’ll have more of an edge over everyone.

Source by George Foerstel

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