LEARN & NEVER LOSE AGAIN — Golden Rules For Bot Trading:
For those traders who want to raise extra and quick money beyond their fixed income, an automated trading platform can be an excellent choice along with manual trading. Automated trading software is a computer-based program that generates trading signals automatically, is a binary trading robot or other.
It is only realistic to expect something bigger if you have the best choice in your hand, which will give you the ultimate success. Besides, it’s not just a legitimate robot but other trading strategies that we will explore later here.
It is the first and ONLY automated trading software that trades both Cryptocurrencies & Traditional Currencies (Forex pairs) on a single platform.
It’s no wonder to me if you heard about the most popular and profitable binary options robot, BinBot Pro. For beginners who are going through this post, read BinBot Pro’s Review, to find all the details related to this trading software.
We will shortly explain to you in this blog post about setting up an account with BinBotPro. Instead of introducing this trading bot with you, we’ll help you learn some efficient techniques and rules that can apply to this automated platform.
Read the review of BinBot Pro we mentioned above or click here to get A to Z idea on this trading bot.
How To Open An Account With BinBot Pro:
The registration process is simple. Fill the form with your details and set a valid e-mail address so you can verify your account later. BinBot Pro will connect you to the compatible brokers once you have set up an account.
To find out compatible and regulated broker’s platforms, check the complete list of best binary options trading brokers. BinBot Pro has been famous among Binary traders since 2016. The major advantage of this robot is that you can run demo trading to test the interface. Nevertheless, demo trading will only last 1 minute.
You can switch to the actual account by making an initial deposit amount of $250.
Best Time To Trade With BinBot Pro:
There is no right moment for trade. You can transact it whenever you like. Yet, try avoiding the highly volatile market. My advice is to stop Friday and Monday Morning trading. Trading is wise when the market is relatively stable.
Additionally, EUR / USD, USD / JPY, GBP /USD are the best pairs to trade on this bot. Because of their volume, these are also the best currency pairs to exchange.
As per the analysis, this year is the best time for traders who want to make money with cryptocurrency. You can also read an article where we gathered all analysis and prediction on BinBotPro and its effectiveness in 2020.
How To Trade With BinBot Pro:
It is not wise to expect that BinBot Pro will bring FREE MONEY for you.
There’s no mystery about people with BinBot Pro. We all know, it’s normal for traders to lose money while they trade with an automated bot or even in manual trading. Behind every unsuccessful trades, there must have some reasons that you can’t ignore. Lack of knowledge is one of them.
Also, automated traders often seek to make money from the market without implementing a proper plan into action. Often traders do over-trading to cover up their previous loss that driving them to an enormous loss.
So, in this phase, I will give you a quick brief on how to trade with BinBot Pro.
Set a plan before any trading session. Based on the current market time and condition, you must reset a bot. According to fundamental news, certain settings should occur. Because in every single day, the market is different. So, be cautious about when to avoid and when to trade.
At first, check the economic calendar, whether there is any fundamental news or not. According to the calendar, avoid those assets that have a bull news effect. After completing the market analysis, select a robot. Avoid those bull assets pair.
How To Create Own Bot:
- Select “create my bot”
- Put the name of your trading bot. It is wise to create a name with a date.
- Select the currency pairs
- In Indicators, select MACD, CCI, RSI, and STOCHASTIC. Avoid ADX and AROON. However, the AROON indicator is the best choice if you like to trade with crypto pairs.
- Change trading period/time according to your preference.
- Run the bot. It will automatically place trades on the broker’s platform.
Golden Rules That You Can Follow To Avoid Loss:
You can use both build-in trading bots and the customized one. However, the expert recommends, setting a bot depends on the current market situation.
There are a few rules available which are wise to follow if you want to fill your wallet with money.
- Don’t allow your bot to place over three trades
- Analyze the market before each trades
- Stop double up your investment after 2 to 3 winning trades
- For crypto pairs, avoid trading when the market is bearish
Creating your bot is the safest way to trade with BinBot Pro. Don’t trade without analyzing the market. I hope the above rules will help you make a profitable trade.