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Published on November 2nd, 2016 | by John Kane

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October 2016 Income & Binary Trading Method

personal-income-report-october-2016Hello traders! Welcome to the 25th edition of the BinaryToday.com income report. In this report I provide anyone and everyone with my personal trading income figures. I explain what’s working for me and the exact binary trading methods I’m using to grow my accounts.

As always, I hope that you will follow along and use my strategies to grow your accounts as well.

I have made some recent changes to my binary trading strategy so make sure you read along!

Live Trading Sessions 2016

Over the past two months I’ve started to put together live trading sessions to better walk traders through my personal trading process. Here they are in case you missed them.

These are both very recent videos and you can expect more to come.

October Income Report

This is always the most important part of the report because the numbers are everything. Late 2016 is certainly proving to be very profitable so I hope you are taking advantage of it.

Total +$31,068.15 (300K Progress 95%)

 
95 %

 

Income Breakdown

Wow! We are almost at our goal of 300K this year.

There were certainly times I doubted that we would make it but we are right around the bend and it looks like I’ll be overachieving. I wouldn’t be surprised if I hit the 350K mark the way this year has gone. So, thank you to all of the readers and people that have been supporting me for the entire year. I couldn’t have done this without you.

As you can see above it was another #1 week as Binary5 held the top spot with a $16,425 profit. Coming in at #2 was Binary Today Trader and then the fall off was quite aggressive after that. My main focus is still on trading with Binary5 and Binary Today Trader as a tandem. These two systems are providing frequent signalshigh accuracy and require very little screen time which leaves me more time in my day to enjoy my other hobbies.

Binary Income By Month (last 12 months)
Binary Income By Software/Signal Service (last 3 months)

Binary Trading Method Update

As many of you know I’ve made some changes to my main trading strategy recently. I discussed this in full in the 7th edition of the Binary Today Podcast, and I’m going to go over it here as well.

This strategy requires:

  • Binary5
  • MT4 (free)
  • Momentum Indicator (free)

To start, I sign up with Binary5. They email me and give me access to all the tools I require, including MT4 and the Momentum Indicator. This makes for a very quick setup so that we can start receiving signals and placing trades right away.

Step 1. Receiving the Signal

This part is simple, when Binary5 feels the market is ripe for the picking it provides a signal.

eurgbp-put-signal

The signal for a 5 minute expiry time PUT trade.

Step 2. Analyzing the Signal

There are two things that I do quickly after receiving a signal.

  1. put-trade

    Trade Assistant (bottom 4 arrows)

    I look at the trade assistant to ensure 3 out of 4 or 4 out of 4 arrows are pointing in the direction of the signal. For a PUT trade I would want the arrows pointing downwards. You can see this in the example on the right hand side.

  2. I look at the momentum indicator to ensure it is pointing in the right direction. For a PUT trade like in this example I want to see the line pointing downwards.

    momentum-indicator

    Momentum indicator pointing downwards

Step 3. Place the Trade

If the Trade Assistant and Momentum Indicator agrees then I have a EXTREMELY HIGH PROBABILITY TRADE and I go place the trade with my binary options broker.

placing-the-trade

Placing the trade

Step 4. Grow your Account

This strategy is simple but very effective. It may take you a couple signals to get the hang of it but once you do you will increase your ITM% drastically and win more trades!

Conclusion

Well it’s time for me to wrap up the 25th edition of the Binary Today income report and get back to trading myself. I hope that you use my strategy and leave comments with how it’s working for you.

Also, please click Like to get updates from us on Facebook. We don’t expect you to read every article, but when I provide free tools and strategies it helps to be first in line.

Thanks for stopping by and the next time I see you we will hopefully be celebrating the $300K completion!

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


13 Responses to October 2016 Income & Binary Trading Method

  1. Russell says:

    Hi John, All – I appreciate binary trading knows no geographical boundaries, but I’d be interested to know if anyone in the UK is on here and using your strategies.

    I’m currently in information consume mode / researching, but hoping to start slowly trading myself over the next couple of months

  2. Stefan says:

    Keep up all the great work John.

    Been making a killing with this binary trading method lately.

  3. Rick says:

    Are you doing much trading this week with the Election John?

    • John Kane says:

      Naw Rick, I’m not. I will probably get in a little session this afternoon but tomorrow I’ll have to see how the market looks.

  4. Sly says:

    Hi John,
    Amazing results. Please can one download the momentum indicator separately?
    Thank you

  5. Jon says:

    Hi John,

    I was wondering what trading approach you take when you trade manually, if you’re willing to share, of course.

    • John Kane says:

      Hi Jon, usually just testing different indicators and strategies. Nothing specific right now worth sharing. If I find a system that works consistently I’ll let you know.

      I’m mostly just relying on Binary5 and Binary Today Trader at the moment.

  6. george says:

    Excellent! It is funny that we have all those scams talking about making x amounts of money, but they leave you dry, and you are showing us and practicing the real thing! earning $300,000 per year is not too shabby! less than 1/2 % of the population in North America earn that kind of money.

    Here is the amazing thing, if you can earn $300,000 per year, you can earn even more by increasing methodically increasing our investments, so the future is as big or as small as we make of it..

    Thanks

  7. Richard says:

    Thanks John;dont know what will have done without you;

  8. Steen Buchhorst says:

    Thanks for sharing John – fantastic result – what I like is, that the system provide consistent result month after month.

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