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  1. #1
    Administrator Martin Kay's Avatar

    Hot The Geek Reveals – My Top 5 Newbie Strategies !!!

    Hi guys,

    The Geek Top Five Beginners Binary Options Strategies reveals the best strategies for new traders, from the BinaryOptionsThatSuck.com School, combined together in one place with links to the original articles. Check them out and see which are the best strategies to implement in your day trading plan!

    Originaly posted by Michael Hodges.

    have used and reviewed dozens of trading strategies. Some are good for binary options and some are not. Discover the top five strategies for newbie binary options trading. Not all strategies are good and not all good strategies are good for all people. Some strategies, though highly effective, require such a high degree of market savvy that they are not appropriate for new comers to the game. In order to help make the school easier to use and navigate I am going back through all my reviews and picking out those best for each level of trader. This article is geared toward newbies. All the strategies here are simple to understand, easy to use and provide a great base for building a proper trading education. These strategies are not listed in any particular order because they are all valid and useful strategies for any new comer. Not too mention that together these strategies represent the foundations for most of the more advanced trading systems and strategies. The Strategies have no particular order.

  2. #2
    Active Member
    Which is your favorite among the cited strategies?
    I like the most 1-2-3 strategy. It is one of the very popular floor traders strategies and is the easiest way to make high probability trades. I am testing it on demo now and will probably use it in live trading soon.

  3. #3
    Legendry Member Michael Hodges's Avatar
    my absolute favorite is to use them all together, more or less. They each have something to offer. For a newbie, one idea might be to choose 5 different assets and trade each one by a different technique in order to learn them. than as you progress you can incorporate them with each other (the strategies I mean) into your own personal uber strategy. Word!

  4. #4
    Specialist Member pinoyoptions's Avatar
    my most favorite is MACD strategy very simple yet effective, can be use in any time frame. But of course it must followed with atleast 2 other indicator to confirm the trend. Many thanks to BOTS.com for detailed review of MACD strategy.

  5. #5
    Legendry Member Michael Hodges's Avatar
    You are welcome! Be on the look out for more on MACD and how to use it in options trading!

  6. #6
    Veteran Member hchandra's Avatar
    From the list, my favorite is 1-2-3 Which supported by the trend,
    Of course the question come to, what is the current trend? the answer might be depend on each of our time frame.

  7. #7
    Legendry Member Michael Hodges's Avatar
    Indeed time frames are key, I like to have my time frames lined up like dominos ...thats when i get the best results.

  8. #8
    Specialist Member RCox's Avatar
    Quote Originally Posted by hchandra View Post
    From the list, my favorite is 1-2-3 Which supported by the trend,
    Of course the question come to, what is the current trend? the answer might be depend on each of our time frame.
    As strange as this might seem, I have actually stopped comparing the price behavior on different time frames. Most of my actual trades are based on what is happening on the daily chart, although the weekly chart can be used as well. At this stage, the only reason I will even move down to watch the lower time frames (like an hourly) is just to see what happened in the market over the last few hours. It is just used as more of a reference point and a performance point, rather than as a basis for actual trading. I don't think you will find many people that will actually argue for using only one or two time frames but I think that is where my trading has taken me over the last few years. i dont think I would consider any position that is based on price behavior seen on anything lower than a daily chart time frame.

  9. #9
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by RCox View Post
    As strange as this might seem, I have actually stopped comparing the price behavior on different time frames. Most of my actual trades are based on what is happening on the daily chart, although the weekly chart can be used as well. At this stage, the only reason I will even move down to watch the lower time frames (like an hourly) is just to see what happened in the market over the last few hours. It is just used as more of a reference point and a performance point, rather than as a basis for actual trading. I don't think you will find many people that will actually argue for using only one or two time frames but I think that is where my trading has taken me over the last few years. i dont think I would consider any position that is based on price behavior seen on anything lower than a daily chart time frame.
    Nice point Richard. do you think this is because you have been trading so long and have built up an innate sense of the markets? Seriuosly, because I think the same in most cases these days. I keep up with the weekly chart so much that I don't really need to check it and the daily chart is where I tget most of my signals....

  10. #10
    Specialist Member runneroption's Avatar
    Trading on the daily and weekly charts is really the best way to work with long term strategies and to not worry about short term moves and noises. I still trade on hourly charts too, but my results with the weekly options expiries are much better in terms of win/loss ratio.

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