Trading with Binary Options Robot doesn’t require much trading experience or knowledge about financial indicators or calculations. This software is available for all kinds of traders no matter if they have traded binary options or not. But, the question that we always ask ourselves is, how to be more effective?
In this article, we will discuss what are most effective trading strategies that will help you become more efficient and better trader.
Binary Options Robot Provides Free Services
Besides the fact that it is available for all kind of traders, Binary Options Robot is completely free software. Traders can register with this binary robot completely for free, and besides the regular features, there is a VIP account available and it is completely free of charge. But, we will talk about VIP account later.
We have to mention that Binary Options Robot offers it services from the cloud, which means that traders don’t need to download any plugins or programs to their devices. Traders can access Robot from any device, including their smartphones.
Besides trading on your smartphone, Binary Options Robot has recently integrated a new feature that will be interesting to Android users. Binary Options Robot is now available on Google Play market and it is completely free. Traders are welcome to download this application and use all trading features like they have been using on the desktop version. After we have mentioned all free services, now we will continue to talk about effective ways you can trade with Binary Options Robot.
Optimize Your Trading With Binary Options Robot Trading Features
One of the most important things that will affect our trading results are Daily stop loss and Max daily trades feature. At first, traders maybe think this is not so important, but believe us, this option gives you the opportunity to define the amount of investment you are willing to invest.
Daily stop loss option provides traders for defining the amount of money they plan to invest during one day. This means that if Robot reaches this amount, it will stop investing. Max daily trades is similar to this, except traders define a number of trades Robot will be able to place.
Trading With Multiple Brokers – Advantage Available with Binary Options Robot
One of the very important advantages traders are recommended to use is trading with multiple brokers. Some will say it is too much money, but others will seize the opportunity to diversify their trading and make more profits.
Traders don’t need to invest more money. Instead of depositing $500 with one broker, you can invest $250 with two brokers and set different trading settings with each broker. This makes more sense, especially because traders can change their trading settings any time they want.
Improve Your Trading with Binary Options Robot VIP Account
The third feature that can make your trading more effective is to activate Binary Options Robot VIP account. VIP membership is free for all traders that have decided to make a deposit with any of the brokers from Robot dashboard.
The secret behind VIP account includes additional trading features that give traders more user control and include smarter trading precautions. If you have made a deposit with one of the admirable brokers from the dashboard, then you should just contact the friendly Binary Options Robot customer support that will activate one month of VIP membership.
After one month of Binary Options Robot VIP account expires, traders will be able to prolong their membership if they make more deposits.
Use Trade Options and Get Even More Control
Binary Options Robot enabled trade options feature where traders are enabled to define the amount of investment per each asset group. The more control you have, the better. Using trade options traders can for example set specific amount Robot will invest per currency pairs, commodities or stocks.
The great thing about this feature is that traders can set different trading amounts for every broker they have registered with. This gives traders more trading opportunities and lets them diversify their investment portfolio.
Trading History for Setting Up Perfect Settings
Trading history is one of the effective features that enables traders to monitor their trades. Binary Options Robot history provides transparent information about all placed trades. If the trader is trading with multiple brokers, history will be a great way to analyze results per each broker and to implement a better solution to improve their trading in future.
Besides the results, history option provides information about the order and close time, which asset was Robot trading, direction, strike price, close price and most important, the results of profit.
New Unique Auto Trade Approval Benefit
The last, but most important, Binary Options Robot has introduced the new and unique option that makes Robot 100% controllable auto trading software. We already know that Binary Options Robot uses highly successful mathematical algorithms and trend line indicators that generate binary signals.
The new approval option now guarantees that traders accept or decline a given signal. This unique approach gives traders opportunity to maximize their control over their Binary Options Robot platform. Trading with Robot remains the same, except traders will now get viable trading information about each and every binary signal. No matter if you are a beginner or a trading expert, trading with Binary Options Robot remains simple and profitable.
The difference between other robots and Binary Options Robot is that other robots place trades on their own, meaning, traders don’t know when the trade will be placed. This feature has been specifically made to ensure better trading conditions and to implement more safety for traders.
We have covered all six ways to have better and effective trading with Binary Options Robot. Besides these six factors, we can mention that traders can always monitor and place trades from their smartphones as Binary Options Robot is a web based application that enabled trading from various devices. No downloads, no fees, traders just need an internet connection in order to trade with Robot. If you have any questions about Binary Options Robot, you can contact their friendly customer support and get your advice in a few moments!