Binary Options PRO Signals Team: As a subscriber to our Binary Options Pro Signals (B.O.P.S.) program, we just wanted to give you a quick update on Thursday, the past couple of weeks, Friday’s signals, and why Binary Options with fixed risk/reward are a great way to trade.
1) Thursday was not a good day. However, the past 2 weeks were good.
Thursday saw a huge and unexpected move in the prices of commodities that affected prices of stocks, currencies, and the broader markets. It is unfortunate when we have more losers than winners in a day, however you have to put a bad day in perspective as trading is a marathon not a sprint, if you want to consistently make money with the B.O.P.S. signals.
For Thursday: 1 winner out of 6 trades = 17% accuracy
For the week: 8 winners out of 16 trades = 50% accuracy
For the last 2 weeks: 16 winners out of 24 trades = 67% accuracy
To put this in perspective, 67% (which is just less than our 12 month average accuracy) means you are winning 2 out of 3 trades made on average, which is better than virtually every other trading system or signal service available.
2) Some days we don’t issue signals due to extreme market conditions.
Friday, May 6, is Non-Farm Payroll Day (NFP Day) which is a highly important news announcement that almost always moves the financial markets in extreme fashion. To predict the direction and/or distance that price will move, especially in light of today’s market condition is too much risk to take in our opinion. Preserving your capital and making “high probability” trades is what the B.O.P.S. service is about.
This is why some days (2 or 3 per month) our software will not generate signals as the “news filter” will shut the system off for those days when accurate prediction is virtually impossible. Thursday was an example of what extreme price movements can do to trade results, however there was no way for the software to be able to predict it would be one of those days. Friday is predictable. No signals this Friday.
3) There are reasons why Binary Options are the best market to trade.
Successful trading always comes down to risk vs reward. In trading binary options you have the opportunity to set your risk and your reward on every trade. And by using the B.O.P.S. service, it is reasonable to expect a winning average accuracy over an extended period of time.
This combination of managing your risk and reward as well as having significantly more winners than losers allows you the opportunity to produce really great results.