Binary trading is one of the quick money-making businesses in the financial world. But most traders lose money instead of gaining profits. A binary bot is also an option for making money from binary trading. The reason behind losing money with binary trading is not controlling emotions. It’s relatively easier to start binary options trading because you do not need to have a huge capital to start it.
If you use a binary auto trading robot, you do not need to trade manually and do not worry about human mistakes. But you have to make sure that the binary bot is working well and you should follow proper money management. By the way, if you like you can also check out our other binary bots to test, for example, MKZ Binary Bot or Razgon Binary Bot.
This binary bot is created based on the rise and fall in the volatility index market. You should know that only rise and fall bots give maximum profits from the binary. We see that this binary bot analyzes the market movement and pattern before executing any specific trade.
You know the market moves in algorithmic patterns. Some binary bots can identify the pattern of the market and take trades according to the pattern of the market. But if you have some manual strategy where you can identify the market pattern to take manual trading strategy, you can also make decent profits. If you are looking for a relatively safer binary bot, you can check out Barrier Index Bot.
This bot strategy is stable for a short period of time. So, please do not run this bot or any bot in the long run. It’s much safer if you can run any bot for less time. Have you ever think where the money goes if we lose? Yes, binary platforms earn money if we lose our hard-earned money. So, protecting capital is the main purpose for us.
You know, no bot is 100% perfect. Almost all the bots can lose some trades, but if you can use the martingale trading strategy, you can make skip the losing stakes. Usually, high volatility market is preferable for this binary bot. We know that XML bots only works on binary and deriv platform. No other platform works for the XML bot.
You can start with only a $50 balance to use this binary bot. The stake should be $0.35 and the stop loss can be $20. Always target 5%-10% for each run and do not be greedy. After you are reaching the daily target, you should stop the bot and enjoy the profits.
You can make a decent profit using this binary bot. Just follow proper money management and do not start long in the market. You can run this bot for about 2-3 sessions per day. Please test multiple times before going to the real account.
You can find the download details in the button below.
How to Start:
Step 1: Binary bot Registration: https://provenbinarybot.com/Bot
Or Deriv (New Binary.com brand): https://provenbinarybot.com/Deriv
Step 2: Go to bot.binary.com or deriv.app/bot
Step 3: Upload the downloaded .xml file
Step 4: Run the bot
Step 5: Make money
Recommended Settings:
Recommended balance $50
Initial Amount: $0.35
Stop Loss: $50 Target
Profit: $1-$2 (You can use more, but making 5% is already very good)
Please watch this trading video after download