Trading Blogs

Binary Success Stories: Anne Hartley

Anne Goes from Struggling to Succeeding in 3 Months

Like the hapless character in the LBinary animation on the company’s home page, I was in dire financial straits when I first came across binary options trading. I was recently divorced, looking after two kids, and was working a pretty dead end job for just over minimum wage. My evenings were spent in front of my computer screen, trying to make some new friends in various chat rooms. It was a really depressing time.

That was when I came across an advert for LBinary’s services in Binary Options Brokers Comparison section, reading LBinary.com review and finally clicking through to their site their offerings intrigued me. I’m normally a pretty careful person, certainly not the type who goes in for anything promising the opportunity to make yourself a lot of money. But in the state I was in at that time I just went for it, and I have to say now that I owe a lot to that state because binary options trading has honestly changed my life.

Binary Success Stories: Christina Whitehead

House-wife Turns Into a Binary Options Professional!

Trading binary options has changed my life. Initially it started out as a hobby. I was a housewife with very little to do other than knock around the house all day tidying things up and preparing dinner for my husband. I came across an advertisement for this new type of trading that was supposed to be much simpler and easier than traditional forex trading. I looked into it, watched some YouTube videos and found a very interesting series of articles on fundamental analysis on binary options wire. In many ways it was a match made in heaven. I’m at home all day with the news on in the background, so having the free time to know what’s going on in the world and now having the tools to put this knowledge to good use has been a very liberating experience for me.

Market Analysis: GOLD 2/25/2014

Gold Header

GOLD Moving to Overbought Territory

Investors have definitely seen some solid trading in Randgold Resources Ltd. (GOLD) lately, leading to gains for some. However, GOLD is now in overbought territory thanks to its latest move, as the firm has an RSI value of 73.7. Additionally, Randgold Resources currently has a Zacks Rank #5 (Strong Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

Gold is following a bullish trend do to an increase in production at the Kibali mine in the Congo.

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The 5 Golden Rules to Trading

Here's the Golden Rules of Trading

  1. Do Your Homework
    Before making a trade, there has to be a reason for believing that the asset value will either go up or down. You can’t just rely on a gut feeling, successful traders base their trades on cold hard facts – be they fundamental analysis i.e. economic news and data or technical analysis i.e. the charts. There are plenty of Daily Market Reviews on offer, particularly here at binaryoptionstrategy.com so there no excuses not to be informed of events past, present and future. The same applies to getting chart information. There is no shortage of free technical analysis and signal services available on the internet, making your job, as long as you put the time and effort into it, a whole lot easier.
  2. Know Your Assets
    It is very important that you understand the assets you trade. Top investors appreciate the connections between assets and anticipate the various knock-on movements. With so many assets being offered by a growing number of different platforms, it is far more advisable to specialize in a few assets than try to understand them all. The more you learn about an asset, the more you will understand why it is moving in a particular way, making predicting its movements much easier. Popular assets due to the widespread availability of news are Gold, Oil, and the EUR/USD.

Daily Market Review - 02/14/2014

US Stock Market

NASDAQ

Wall Street finished Thursday’s trading in the green after Donald Selkin, Investment Manager at the National Securities Corporation, said that, after January’s oversold conditions, investors should take advantage and reinvest...

eToro Success Stories: Freiburgland

Freiburgland is Definitely a Trader to Copy!

Over the last year Freiburgland has gained over 75% using his consistant and time tested strategy. He is a low to medium rsik trader who has a very diversified portfolio. He trades currencies, commodities and also stocks.

He says that he has had success lately by following trends in the markets and by watching what his favorite guru's on eToro have been doing. He goes on to say that eToro is an excellent way for a begining trader to learn because you can really get the help you need from other more experienced traders.

View Freidburglands profile »

Market Analysis: AAPL 2/12/2014

New Products Give Apple the Edge Needed for Growth

Apple has been trying to work out a deal with Time Warner Cable and other partners to bring fresh content to Apple TV. The device is expected to be sold around Christmas although contract agreements could push this later. Apple TV would enable users to switch between TV shows, movies and surf the web. A deal between Apple and Time Warner would be the first partnership of its kind and would only benefit both companies.

Also in the near future we can expect to see the release of iAnywhere. Apple is trying to bridge the gap between computers and smartphones and think they have the solution. While Apple still says that there is no foreseable end to the computer market, they are taking the first steps to find a balance of the two. Rumors suggest that this new hybrid will run OSX when actng as a computer and run iOS when acting as a smart device.

Apple released their first quarter results and got positive feedback from analysts. Even though growth has slowed, the companies lack of debt and new product line-up paints a favorable light on Apple

Daily Market Review - 02/12/2014

EUR/USD

EURUSD_Feb12

The appreciation of the pair has slowed down. Above 1.3680 it faces resistance, which started to push the rate down. Support is at 1.3563. If it is broken, the pattern will look rather like a downward trend than just a...

Market Analysis: GOLD 2/11/2014

Gold Production Growth Continues

African gold miners were heavily punished in 2013. This statement is especially true for Harmony and Gold Fields. However, as the production costs finally slipped below the actual gold price, the outlook for the miners improved. What's more, gold production has been stable at both companies, which means that they were able to lower their costs without sacrificing ounces.

Randgold and AngloGold have been outperforming their peers due to manageable costs and a solid rise in gold production. Randgold increased its gold production by 15% in 2013, and is planning a production increase between 24% and 30% in 2014. Randgold and AngloGold hold an equal share in the Kibali mine in Congo, which has more than 10 million ounces of reserves. Randgold guides that the mine will deliver 550,000 ounces for this year at cash costs between 0 and 0 per ounce, enhancing both companies' cost profiles.


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