Binary Options Robot, as one of the most innovative binary options software on the market, has a plentiful of features that traders can simply use to customize their trading settings. Binary Options Robot features or setting are something that all traders can use not only to potentially increase their profit rates but also to understand binary options better.
Detailed and extended knowledge is crucial for all traders, just like understanding the risk. Binary options trading is not an easy fix for making money, and traders should approach trading carefully. Automated trading can be a form of binary options trading that will provide completely different binary trading experience. All features listed here can influence the success rate and profit the trader makes by using Binary Options Robot.
Binary Options Robot Features and Settings
Binary Options Robot has several features and settings, that traders can utilize for their benefit and profit if used carefully and with full attention. There are Binary Options Robot features available only with VIP account, and features that are available with the Real account. This is important to understand, as traders who get Binary Options VIP status also get an opportunity to use additional tools, features and setting that could increase their success rate.
Binary Options Robot Real Account Features and Settings
The following features and settings are available to all traders who have a real trading account. They are integrated into the trading dashboard and can be used for making personalized and potentially profitable trades with Binary Options Robot.
Can Maximum Daily Trades Feature Help Me Make Profit?
Maximum daily trades is a special Binary Options Robot setting that enables traders to set the number of binary trades they want to execute in one day. Some might wonder, why limit the number of daily trades? Isn’t it the best when software places as many trades as possible because this brings the highest profit?
The answer is no, and traders who believe in quantity over quality will never be able to make a profit in automated trading. The right balance is of crucial importance, and Max Daily Trades enables traders to manage their portfolio and risks in a better manner.
Can Daily Stop Loss Affect my Auto Trading Profit?
When it comes to making a profit it is not all about how much we invest, but what the win ratio is. There are things, like overtrading, that can cause significant damage to trading balance and prevent us from making a profit while auto trading, as traders have no self-control and feel pressure to make up for their losses.
Daily Stop Loss Binary Options Robot setting simply prevents traders from trading after they have already exposed a certain amount to risk. If they make money in those trades, they still get the profit. But if they made an unprofitable trade, they still have limited the risk as they can’t lose more than they set in the beginning.
Binary Options Robot VIP Account Features for Making Profit
Binary Options Robot claims to have some additional features that can help traders make more profit and customize trades in an unbelievable way. VIP account is available to traders who make a deposit with multiple brokers or who make a deposit for the first time. VIP account is free and has many amazing features and settings that can bring profit if used in the right way.
Can I use Strategies to make a profit with Binary Options Robot VIP Account?
VIP account offers four different strategies that traders can choose from. When the trader selects a strategy, the algorithm is using it to find binary options signals that trader can use in order to try to make a profit. Just by selecting a strategy, the trader hasn’t done everything he can to make a profit, and other elements should be considered as well.
Is it Possible to Make Profit With Setting a Risk Level?
Risk Level settings on Binary Options Robot can help traders make a profit, but traders also have to understand the risk management in binary options trading. Marked by colors, Risk Levels are defined with how many trades are placed. The higher the risk level, the higher is the number of trades placed. Traders should be aware of risks that carry high-frequent trading and decide on lower risk and fewer trades if they want more sustainable profit.
How to Use Binary Options Robot Expiry Times to Make Profit?
Binary Options Robot VIP account allows traders to manipulate with one important setting – expiry times. Traders can select longer expiry times or shorter expiry times, but they should keep in mind that long-term and short-term trading are not the same. Long term trading is cons.
Is Making Profit with Binary Options Robot Real?
Traders who approach binary options trading carefully and do some research can expect better trading results than traders who place trades mindlessly. Even though Binary Options Robot relies on automated trading, this doesn’t mean that traders shouldn’t know everything about the product they are using. Binary Options Robot features and settings can be the key for making a profit with automated trading.
Of course, traders must not only understand features and settings, but binary markets as well, and find a perfect combination for them. There is no unique solution. Profitable Binary Options Robot trading requires some effort, but it quickly becomes favorite tool for traders who like automated trading