Whether traditionally trading or going with Binary, you will need to decide in which direction a certain asset is going. Rather than guessing, you can make estimations based on the asset’s history, but there are millions of factors that can affect the price of the asset. Severe storms can affect agriculture, political unrest can influence metals, and a new CEO or product release can return confidence and revitalize declining corporate stock. That all sounds logical, but who has time to follow all that?
Because of time constraints, many new traders who still have their “day job” limit their options to avoid excessive research. All their eggs in one basket. So what else can new traders do to diversify their portfolio (AKA spread out their investments)?
The very best brokers of today receive signals from professional researching companies and forward them to their clients, the traders. These signals are created by armies of financial analysts with years of experience who monitor the markets in search of lucrative opportunities. They make detailed reports that help the traders decide which way a certain asset might go. Without the proper research, most traders guess and get a rather obvious return that fluctuates at around 50% accuracy. Alternatively, a good signals provider can get as high as 90% accuracy.
The only downside to using signals is that hours can pass between market shifts and the traders reading the reports. The Wall Street hotshots move faster and swallow up the very best opportunities in much less time.
Having said that, the suits in glass offices are trembling as technology makes Wall Street obsolete. Find out how traders from home are beating the investment giants and making the best trades effortlessly using 2017s hottest algorithmic bots.