Today, it’s another milestone as this marks the 40th edition of the binarytoday.com income report. As a special treat, I decided to record the last 3 live trades that I placed, so you can see the exact strategic approach that are taking in 2018. As is always the case, the focus of these income reports is to provide a level of transparency that no one else is providing in the binary options marketplace.
I want to show you what really works when trading binary options, and how to achieve your goals while still limiting the potential risks. A big part of my process, is relying on effective binary options trading software and signals services, so I don’t have to do all the calculations and chart watching on my own. In fact, over the past 2 years, I have almost completely ruled out all of my manual trading. Instead, I prefer receiving signals from qualified experts, and placing those trades.
I hope that you will read my report, and then decide that it is your turn to take action, and win more trades.
Live Trade Video
In this live trade video, you’ll see my current approach in 2018. I make 3 trades, with signals I’ve received from the Binary Strategy service, with an investment of $250 each. So, please watch the video and let me know what you think by liking it on YouTube, and leaving a comment!
January 2018 Income Report
Now that you watched the video, let’s get into a more macro view of my trades. In this section, I’ll be showing you the specific profit I’ve made for each trading product that I’ve been relying on for the past month. Depending on how the systems are performing, I rank them in order of how much money they’ve contributed to my bottom line.
- Binary Strategy +$7302.25
- Binary Today 5 +$3524.60
- Binary Today Trader +1885.12
- Manual Trading +$0.00
- Binary IQ -$450.00
For the first month of the year, I’m happy with the progress that I made. With one of my main resolutions being that I wanted to trade less this year, and focus more on successes outside of binary options, I feel like I’ve taken a strong step in that direction. Instead of nitpicking over every trade, and making sure that I trade volume, I’ve been focused more on picking the right trades, and trading fewer hours a day.
What’s making this transformation possible, is the reliability of the #1 rated binary options service at Binary Today, Binary Strategy. In the past, when I’ve had to trade more to make more, this service has allowed me to trade less while increasing my earnings because of the increased winning percentage. On any given day, I can now trade 1 to 2 hours, and feel confident that that’s enough time to make a sustainable profit without stretching myself mentally.
Winners and Losers
One of the newest features of this column, is the winners and losers section where I take a closer look at each trading system and evaluate what it has to offer the marketplace given the current market conditions. The biggest winners were Binary Strategy, and Binary Today 5 as they both took strong leaps forward, showing that they are ready to perform steadily in 2018. Binary Today Trader was efficient, but I was expecting a larger gain here. I expect next month to be stronger as the signals started to gain momentum over the past week and a half.
Sadly, the sole loser continues to be Binary IQ. In the first few months of this products availability, it traded very well, and let this list of trading systems for quite some time. Yet, it’s been struggling to provide me with the quality of signals I require over the past 4-6 months. I’ve been in contact with their support team, and they have assured me that they are working on the mechanics of the software, and they believe that they will be strong again in the near future. I certainly hope that’s the case.
I’m very happy with the progress that I’ve made in 2018, and I’m also very happy with a lot of the responses I’ve been receiving via email. While the binary options market may be still for some, I’ve met quite a few new traders over the last month and a half, and it’s quite invigorating.
No matter what skill level you possess, I hope that you have a great February, and that you find ways to win more trades.
Thank you for reading another edition of my income report, and please email me if you ever have anything you’d like to ask about.