Online jobs Singapore
Work online in Singapore on binary trading systems with recommended technical analysis. You have an opportunity to make a significant amount of money for yourself. It requires you to learn some basic chart interpretation skills and trading discipline. It has the potential of earning enough everyday , just by trading a few hours in a day if traded successfully.
The best reason that many are taking Binary options trading as an “Online job in Singapore”, is because it gives you the freedom to work for yourself and you are your own boss. You need not work for any BOSS and there is no upper limit to your earnings in Binary Options. You can start this by investing just $100. But at least $ 500 is recommended for a reasonable return on your investment and effort. As you are working on your own by investing a small amount starting from $100 to $1000, there is no chance of losing a huge amount of money. But if you don’t obey the trading rules, get greedy to become rich overnight, and trade without discipline, you are going to lose your investment by making losses in trading. (After that, you have no JOB). Hence, it’s very important that you must trade responsibly and with discipline. You must make yourself familiar with the high risks involved in binary options trading.
Some trade disciplines for Binary options in Singapore :
Binary options trading discipline :
- Trade only when the charts and indicators you are referring to indicate you a nice trading opportunity.
- Never trade randomly. You may win a few times, but your account will get blown off soon.
- I never recommend my readers to trade 30 seconds turbo binary, as nobody can predict market movement consistently within such a small time frame.
- Always trade with 1-5 minutes and above expiry.
- Invest a maximum of 5% of the total amount you have in your account in any single trade.
Binary options trading is a contract between the broker and the trader, where the trader predicts the price of an asset will be higher or lower at the expiry time. If the trader/investor’s prediction is correct, the brokers pay up to 92% return on the invested amount.
Example: Let us assume the present price of EUR/USD is 1.06552, and the trader expects it would go up after 5 minutes (expiry time) and invests $100. If, after 5 minutes, the price is above 1.06552, the broker pays out up to $192. If the EURUSD price is below 1.06552, then the traders get nothing but lose $100.
Here, in binary options, we know the amount being risked. We can predict the future price of any underlying asset with the help of technical charts and indicators with pretty success. We can utilize news releases and economic data releases and place trades in our favor.
Some examples of Technical Analysis, charts and Indicators :
1. Using Moving Averages :
- Download a free MT4 and install it on your computer. Set Moving Average 26 (Yellow), Moving Average 14 (Violet), and Moving Average 6 (Aqua) as shown in the screenshot. Set your chart for a 5 minutes candle chart.
- When MA 14 and MA 6 are above the Moving average of 26, consider it an up trend, and when they are below MA26, it’s a downtrend. We are here to trade always in the direction of the trend.
- When the price drops, it has strong support at MA14. So we place a CALL trade with 10 minutes expiry at this point.
- As you can see, the trade expired in our favor, and we made a 90% profit.
- Please note that we have 5 minutes chart and traded with 10 minutes expiry.
2. Using Bollinger Bands with Stochastic Oscillator :
- Select Bollinger Bands and Stochastic Oscillator on a 1 Minute candle stick chart.
- When you find the candle touching the upper side band AND Stochastic is above 80, it’s time for a reversal. Hence place a PUT trade there. See the attached screenshot.
- When you find the candle touching the lower side band AND Stochastic is below 20, it’s time for a reversal. Hence place a CALL trade there with 5 minutes expiry. See the attached screenshot.
- I win approximately eight trades out of 10, thus giving me a winning of 80%.
- If At any time you want personalized training on the live market, you can contact us. We will train you during a live trading session.
We have guided many online job seekers on Binary options trading, and now they are making enough profits. We don’t guarantee you any constant income through this website, but we have found people looking for “Online Jobs Singapore” found it a great substitute for any other online jobs offered in Singapore.
My live account trading result is here. I made $316 by trading for just 30 minutes.
NOTE: This article/material is not investment advice.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.