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Today, we are going to talk about a method to limit the risk and be performant on Binary Options.
This document is not a technical analysis for Binary Options, it's just a personal method to help people to manage there wallet, stress and time.
  • What is a S.M.A.R.T objective ?
S. : specific
M. : Measurable
A. : Ambitious
R. : Relevant
T. : Time-bound
A S.M.A.R.T objective is a management method used on companies to set and measure expected performance of a collaborator.
  • What is the relationship with Binary Options ?
I personally use S.M.A.R.T objective to try the Binary Options competition.
It's help me to fixe my objective by day to reach a good rank at the end of the month.
The difficulty on the Binary Options contests is to stay at a good rank all to the end of the competition.
In addition, the wager limit is 1000USD by day, so you are limited and you can just risk this amount.
  • What is my method ?
I use a spreadsheet with all open days and for each day I write the account value to reach, and the amount really reached.
Start account : Start to 0 at the month start, and previous final account the other days.
Objective : (Month objective - current account value) / (days count to the mo…
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Alyona18 avatar
Alyona18 28 Mar.

good work,well done!

Sanju777 avatar
Sanju777 28 Mar.

Nice article

Beto avatar
Beto 29 Mar.

Interesting.

Yuliya_N avatar
Yuliya_N 30 Mar.

Interesting idea, thanks

anna_n avatar
anna_n 18 Apr.

very good

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I might not be George Soros, who was able to anticipate huge
instantaneous market movements with sniper accuracy, but I certainly have had
my own share of predicting and catching significant pip movements in the
foreign exchange market. As we all know, Intervention by central banks is a
major market mover which can cause huge instantaneous price changes in currency
trading.  Last year, I was oblivious of
this fundamental, and I lost a huge chunk of money during the Bank of Japan
Intervention. This negative motivation spurred me into looking for a way of
figuring out and anticipating interventions with sniper accuracy. My last
prediction was the last intervention by the Bank of Japan, but unfortunately, I
missed it by a couple of hours( I didn’t want to keep my position open over the
weekend, and they took me unawares by intervening a couple of hours after
market open while I was still sleeping). I am about to make another prediction,
but this time, it is the next SNB intervention which is fast approaching. If
you want to know when it will happen, just keep reading!
SECRETS YOU SHOULD
KNOW: well, they are no more secrets because I am about to unveil them to
you. It takes a lot of m…
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skytrader avatar
skytrader 14 Dec.

+1, the last SNB action killed my contest account a few weeks ago! that was not nice at all.. i was fully loaded, but on the wrong FRANC side.. haha, that was fun... the fastest test account blowing ever.. nice article prophet!

emmax avatar
emmax 14 Dec.

Great! this is excellent man! keep it up.

skytrader avatar
skytrader 15 Dec.

seems like there wa sno intervention today... i mena how high do they think they can push the euro agains CHF artificially???

MyiDEA avatar
MyiDEA 18 Dec.

Article contest good for learning...good wishes for this competition...

ritesh avatar
ritesh 22 Dec.

Wishing you a very happy and prosperous New Year. +1

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