Do you want to become a successful binary options trader? Then apply these IQ Option tricks to your strategy and you are on your way.
IQ Option is one of the most unique binary options brokers on the market. This uniqueness allows you to apply tricks that can improve the results of your strategy tremendously. This article will detail these tricks so you can update the way you trade with some easy changes.
General risk warning
In detail, we will look at these tricks for your IQ Option strategy:
With these IQ Option tricks, you will be able to maximize your profits and minimize your risk.
Our IQ Option tricks cover a wide range of topics. Some of these tricks are absolute no-brainers that you should use at every chance you get; some are a little more complicated, and it might be enough for you to use them once, probably at the start of your trading career.
Let’s look at each trick individually, and you will soon understand the best way to use them.
What would you say if there were a way for you to perfect your trading in a risk-free environment before you risk real money? A way that would allow you to develop a strategy and only invest money in it, when you have become experienced. With IQ Option, there is such a way.
This way is the IQ Option demo. The IQ Option demo allows you to test every aspect of the IQ Option service with play money instead of real money. Aside from this one change, you get exactly the same trading account as a real-money trader and exactly the same tools, binary options types, and assets. With this system, IQ Option puts you in the perfect position to develop a strategy without having to risk a single Cent.
The trick is to start your trading career with a demo account. You then trade as long with this demo as necessary until you feel comfortable enough to trade on your own. Once you feel you have experience you can switch to trading real money. The IQ Option demo is the cheat code that makes you invincible.
The best thing about the IQ Option demo is that you can get it as easily as you would get a game on your mobile phone. Follow one of our links to the IQ Option website, log in with your Facebook account, your Google account, or your email address, and you can start trading. The entire process only takes a second. Other brokers require you to deposit money with them before they allow you to test their service, but IQ Option makes things a lot easier for you. IQ Option even offers an app that allows you to trade from your phone.
With this trick, you can avoid the initial losses that starting with real money will create. If you develop your strategy and find your preferred trading style while investing hard cash, you will run into a few dead ends and make a few rookie mistakes that will cost you a lot. With the IQ Option demo, you can avoid these losses and save yourself a lot of money. This is one of the best IQ Option tricks that you can learn with binary options.
Like any other broker, IQ Option offers a large selection of assets from all over the world and all categories. Not all assets, however, are born equal. There is one asset that stands out and can help you become more successful.
This asset is the EUR/USD currency pair. This pair allows you to invest in the Euro in relation to the U.S. Dollar, and it offers the highest payouts of all of IQ Option’s assets.
The reason for this connection is that the EUR/USD is IQ Option’s flagship asset. When IQ Option advertises its highest average payout, they always use the EUR/USD. Consequently, IQ Option has to keep the payouts for the EUR/USD as high as possible, a need they do not have for any other type of asset.
Now, the important thing to understand is that all of IQ Option’s assets generally provide high payouts. It is the EUR/USD, however, that consistently creates the highest payouts. If you are close to making a profit but can’t quite get there with your current assets, try to focus on the EUR/USD, and you might be able to improve your trading by the few percent that you need.
Let’s be realistic here: Since IQ Option offers you the best product on the market with low minimum deposit and a 1.000 USD free demo account, you will probably recommend IQ Option. If you play your cards right, this recommendation can pay you a lot of money at no cost to you.
IQ Option offers an affiliate service. With this service, you get money for every customer you deliver to IQ Option. This process does not make things more expensive for the customer you deliver; you simply get a cut out of IQ Option’s profit. This is a good way to earn a commission at no risk for you. And IQ Option will be happy if you deliver new customers to their business..
Read more about about: IQ Option affiliate
Trading with IQ Option is a highly rewarding experience in itself. With a few IQ Option tricks, you can make your trading even more profitable and even more secure.
Some of the IQ Option tricks on this list should be an essential tool for every trader.
The other IQ Option tricks on our list require a little more work. We recommend you use them nonetheless. They can multiply your profits and decrease your risk.
Equipped with these tricks, you have all the tools you need to create a strategy for IQ Option. Have fun and enjoy!
Further Reading and References:
1. Trading style analysis: a quantitative assessment of the currency industry (A Middleton – 2005)
2. Forecasting currency prices using a genetically evolved neural network architecture (MR El Shazly, HE El Shazly – 1999)
3. Asset trading mechanisms and expansionary policy (DK Levine – 1991)
4. A closed-form solution for options with stochastic volatility with applications to bond and currency options (SL Heston – Review of financial studies, 1993)
5. Profitability of Technical Currency Speculation. The Case of Yen-Dollar Trading 1976-2007 (S Schulmeister – 2008)