Binomo Details
Pros
- Beginner Friendly Interface
- Minimum Deposit only $10
- Get up to 100% Welcome bonus
- Free to Join
Cons
- Risky
- Only English Support
How to make money from Online Trading is among the top searches in Google right now. Platforms like Binomo, and Olymp Trade can help you boost your trading career. However, the harsh reality is that making money from online trading is not very easy unless you follow a proper guide and a strategy plus a proper money management rule. Don’t worry, In this guide I will share my exact blueprint which has changed my trading career. You can also say that I am going to share a Bionomo Hack which is surely going to help you.
Why You should follow my Guide?
Hello… I am Subham Sahuwala and I am personally trading in different platforms like Olymp Trade and Binomo for like 6 years now. Trading is one of my bread & butter and I trade and earn via it. So, yes I am an experienced trader and you can trust me on what I teach.
Given below is my most recent income proof that I have earned in 5 days via trading.
Binomo Hack: How to Hack Binomo?
Firstly you need a Binomo account. In case, you don’t have a Binomo account yet click here. Once, you will click the link you’ll land on the Binomo homepage.
Click on Start now.
Now, enter your email, password, & hit start trading.
Once you have signed up, you will land on the Binomo dashboard.
Now, click on the chart button and select Candlestick from the menu.
That’s it!!! The basic setup is over.
Binomo Cheats: Trading with RSI Indicator on Binomo
Now, In this section, I will teach you, Binomo Cheats or Binomo Hack. I bet no one will ever teach you these easy Binomo tricks.
Here, I assume that you at least know the basics of Candlestick, In case you don’t know click here
Firstly, click on the Indicator button and select RSI from the menu
Next, Click RSI three times.
Once you are done you will see your Binomo dashboard something like the one given below.
Lastly, change the RSI Indicator periods to 7,14, and 21. You can also change the indicator colour or change the overbought and oversold levels based on your convenience.
Binomo Hack Trick: How to use Triple RSI on Binomo?
Now, the trick I am going to share with you is called Triple RSI Trick.
To be honest, RSI or Relative Strength Index is one of my favourite indicators and alone it can give you great results.
However, If you combine all the three it becomes super powerful and will give you even more accurate signals.
Now, coming on to How to use Triple RSI, well it’s damn very easy.
When all three lines give an overbought signal i.e. If the indicator line is above 70 go for a sell trade. Similarly, If all three lines give an oversold signal i.e. If the line is below 30 go for buy trade.
Example:
As we can see above all the three lines are moving below line 30 and is near an oversold level. So, here you can consider placing a buy trade. However, the best time to place a buy trade will be when you notice two or three green candles.
Similarly, given above we can clearly see the indicator lines above line 70 or the overbought level. So, here you can consider placing a sell trade but the best time to place a sell trade will be when you notice two or three continuous red candles.
Money Management Rule
Whether you are a pro trader or an intermediate trader you should strictly follow a Money Management rule. There are numerous Money Management rules such as Martingale strategy, Fixed ratio method and more. I personally use the 3% rule. According to this money management strategy, traders wanting to invest in the asset shouldn’t take a risk of more than 3% per cent of their trading capital.
Given below is the list FAQ:
How to make a deposit in Binomo?
Once you have gained confidence in trading you can now go and add your desired money in live account simply click on add money
As you can see you add money via master card, visa, JCB, Payoneer similarly you can withdraw your money via any of the given options above.
However, It must be noted that the minimum deposit is Rs. 350 INR but you can trade for as low as Rs 70 i.e $1.
Given Below are the most frequently most asked questions.
What is the minimum deposit in Binomo?
Ans: The minimum deposit in Binomo is $10 EUR/ USD or equivalent depending on the currency of your account ( except India and Kenya – min 5. USD / 5 EUR / 350 INR).
What does RSI mean?
RSI or Relative strength index is a trend indicator that oscillates between 0 to 100. This indictaor was developed by J.Welles Wilder and his main goal was to help the traders in analysing the market trend using overbought and oversold levels.
How can we get rich in Binomo?
Your first question should be can we get rich in Binomo? and my answer is yes you can. However, trading is not a get-rich-quick scheme. just like in UPSC 90% of traders quit or either fail in trading but that doesn’t mean that you can’t become successful in trading.
In trading, you need to practice properly and hustle and learn from experts. I will highly suggest you, practice trading in the Binomo demo account for at least 6 months and keep a track record of your trades. once, you start seeing good progress in your trading sessions that’s the best time to enter the field of trading.
Is Triple RSI really powerful?
Triple RSI is one of the most powerful trading strategies I have ever used. RSI alone is a very powerful Indicator later, some experts found that RSI if mixed together can give you even more powerful signals and you can get a better analysis of the price chart. So, Yes Triple RSI is really a powerful Indicator however, Just like any other indicator or strategy It can’t give you 100% results make sure to use a proper money management strategy.
