Well, I’m a few days later than usual, but here I am with the 56th edition of the binarytoday.com income report. Honestly, I pinch myself sometimes when I think about how long I’ve been trading, and discussing my trades with this thriving community. It’s hard to believe it’s been a few years already.
The purpose of this report is to provide a level of transparency that is missing in the binary options market. My hope is that I can attract new traders into achieving their goals, by explaining exactly how I’m achieving mine. I lay out the trading software that i use, and the little tweaks and adjustments I make on a monthly basis to ensure that I’m remaining profitable.
When I first started the Binary Today blog, there were hundreds of other binary trading blogs clamoring for attention. Now in 2019, I am one of the only people left standing. There are quite a few reasons for this, but the main reason I see is that many of those blogs were run by internet marketers, not traders. So, when they saw that binary options wasn’t a cash cow anymore, they jumped onto the next craze and left this one in the rearview mirror. I didn’t, because I still trade, and even if you can’t trade binary options in your country, you can still use the exact signals I use with your Forex broker to trade there.
May 2019 Income Report
I’m going to keep this income report short and sweet today. Partly because it’s Saturday, and partly because I wrote nearly this entire income report already, and then had my computer crash right as I was about to save it! Obviously, I’d rather this crash happen now, then during a large open trade, but it’s put a little bit of a damper on my day already.
So, let’s take a closer examination of the binary options software and signals systems I’m using for my trades, and how well they did in May.
This month I saw a gain of $13,452. This is a very good number, but it is down around $300 from last month.
This isn’t a major concern, or really a concern at all. My goal is to come in between $10,000 and $15,000 each month. If I’m able to achieve that, then I’ve hit my financial goal. It’s worth noting that not every goal I set is financial in nature, and I recommend this approach to the Binary Today readers. I also set goals like, I want to have a set maximum amount of losses or wins in a month. Or even, a certain winning percentage that I want to achieve.
When dealing with goals, if you focus only on the financials, you can miss some interesting challenges that will better your trading technique. So certainly, don’t over-extend yourself, but look into setting a few of these types of goals as well, especially if you want to spice things up a bit and challenge yourself.
There wasn’t much movement in terms of the signals that I use, but that’s because Binary Strategy and Binary Today 5 continue to be very consistent signal providers.
Articles in May
As you know, I’m always adding more content to the website. This month I added the cryptocurrency category, as it seems to be the biggest craze, but I wrote some binary articles too. Check out the latest content, and catch up on anything you may have missed.
Other Income (Forex)
As many of you know, I have been trading with Forex expert advisors or robots for the past few years. I find that for traders that don’t want to trade binary, or traders that just want to be smart and diversify their trading options, then Forex is an excellent way to do so.
There are currently two systems that I trust, and you can find them here:
Forex Fury just released a major update to V2, and Forex Steam after 10 years is releasing V10. All updates for each system are free, and help the systems sustain their track record of success.
Well, writing this income report two times instead of one was a total hassle, but I’m glad you made your way to the end.
If you have anything you would like to talk about, please discuss it below. I always answer my emails, and spend quite a bit of time commenting on the blog too. So if you need me, I’m here.
Have a great weekend.