THE ROBOT SOFTWARE
Binary option robot is a software that can be programmed to conduct trades automatically. It has a success rate of 80%. Its ease of use and the efficiency certainly makes it an attractive software to have for any trader. The basic version of this software is free while the VIP version comes equipped with many additional features which do not figure the basic version. The software’s algorithm is a sophisticated piece of technology and is very useful for making trades. The risk levels can also be decided using this software. The automated trading software usually needs the trader to be online and engaged in active trading.
This software allows trading even if the trader is not online and actively trading. The options include the daily maximum number of trades one is ready to undertake, the amount of risk one is willing to take, the assets which one wants to trade and the maximum amount of loss daily which the trader can withstand. The software is simple to operate since it is completely automated. The trader just needs to put in the amount of money he or she is depositing in the account along with the amount of risk they are willing to take in the trade. The setting up of the account requires personal information and choosing the broker. The trader just needs to set up the account to commence trading. The sign up is free followed by joining a broker before depositing money to start trading.
The algorithm of this software compares the data from the previous years to predict the changes in the market. The amount of money to be deposited depends upon the broker which is chosen by the trader. There is no rule of a maximum amount which needs to be deposited before trading. The software is free but in case of the VIP version the user needs to deposit money within 48 hours of registration. This software has automatic stop loss feature which prevents loss of money during auto trading. Some software have this flaw wherein they cause loss of funds from the account when the trader is not sitting at the computer and is unaware of what is happening. Using this software the user can set the maximum amount of money which he/she is willing to risk during auto trading. The reverse trading mode of this software allows the trader to place trades contrary to what the signal is suggesting. It is very useful for investors who do not have the adequate amount of time to engage in trading. The Binary option robot automatically trades after the trading parameters have been put in, risk level has been set and the amount of money which the investor is willing to invest has been fed to the program. The software can place trades at the same time the trader is placing another trade. This ensures that the profitable trades are not missed. This program does help in making consistent profits and with its excellent features does make life easier for the investors.
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