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Beginner’s Guide to BitMEX

Beginner’s Guide to BitMEX

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Founded by HDR Global Trading Limited (which in turn was founded by former bankers Arthur Hayes, Samuel Reed and Ben Delo) in 2014, BitMEX is a trading platform operating around the world and registered in the Seychelles.
Meaning Bitcoin Mercantile Exchange, BitMEX is one of the largest Bitcoin trading platforms currently operating, with a daily trading volume of over 35,000 BTC and over 540,000 accesses monthly and a trading history of over $34 billion worth of Bitcoin since its inception.

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Unlike many other trading exchanges, BitMEX only accepts deposits through Bitcoin, which can then be used to purchase a variety of other cryptocurrencies. BitMEX specialises in sophisticated financial operations such as margin trading, which is trading with leverage. Like many of the exchanges that operate through cryptocurrencies, BitMEX is currently unregulated in any jurisdiction.
Visit BitMEX

How to Sign Up to BitMEX

In order to create an account on BitMEX, users first have to register with the website. Registration only requires an email address, the email address must be a genuine address as users will receive an email to confirm registration in order to verify the account. Once users are registered, there are no trading limits. Traders must be at least 18 years of age to sign up.
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However, it should be noted that BitMEX does not accept any US-based traders and will use IP checks to verify that users are not in the US. While some US users have bypassed this with the use of a VPN, it is not recommended that US individuals sign up to the BitMEX service, especially given the fact that alternative exchanges are available to service US customers that function within the US legal framework.
How to Use BitMEX
BitMEX allows users to trade cryptocurrencies against a number of fiat currencies, namely the US Dollar, the Japanese Yen and the Chinese Yuan. BitMEX allows users to trade a number of different cryptocurrencies, namely Bitcoin, Bitcoin Cash, Dash, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tezos and Zcash.
The trading platform on BitMEX is very intuitive and easy to use for those familiar with similar markets. However, it is not for the beginner. The interface does look a little dated when compared to newer exchanges like Binance and Kucoin’s.
Once users have signed up to the platform, they should click on Trade, and all the trading instruments will be displayed beneath.
Clicking on the particular instrument opens the orderbook, recent trades, and the order slip on the left. The order book shows three columns – the bid value for the underlying asset, the quantity of the order, and the total USD value of all orders, both short and long.
The widgets on the trading platform can be changed according to the user’s viewing preferences, allowing users to have full control on what is displayed. It also has a built in feature that provides for TradingView charting. This offers a wide range of charting tool and is considered to be an improvement on many of the offering available from many of its competitors.
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Once trades are made, all orders can be easily viewed in the trading platform interface. There are tabs where users can select their Active Orders, see the Stops that are in place, check the Orders Filled (total or partially) and the trade history. On the Active Orders and Stops tabs, traders can cancel any order, by clicking the “Cancel” button. Users also see all currently open positions, with an analysis if it is in the black or red.
BitMEX uses a method called auto-deleveraging which BitMEX uses to ensure that liquidated positions are able to be closed even in a volatile market. Auto-deleveraging means that if a position bankrupts without available liquidity, the positive side of the position deleverages, in order of profitability and leverage, the highest leveraged position first in queue. Traders are always shown where they sit in the auto-deleveraging queue, if such is needed.
Although the BitMEX platform is optimized for mobile, it only has an Android app (which is not official). There is no iOS app available at present. However, it is recommended that users use it on the desktop if possible.
BitMEX offers a variety of order types for users:
  • Limit Order (the order is fulfilled if the given price is achieved);
  • Market Order (the order is executed at current market price);
  • Stop Limit Order (like a stop order, but allows users to set the price of the Order once the Stop Price is triggered);
  • Stop Market Order (this is a stop order that does not enter the order book, remain unseen until the market reaches the trigger);
  • Trailing Stop Order (it is similar to a Stop Market order, but here users set a trailing value that is used to place the market order);
  • Take Profit Limit Order (this can be used, similarly to a Stop Order, to set a target price on a position. In this case, it is in respect of making gains, rather than cutting losses);
  • Take Profit Market Order (same as the previous type, but in this case, the order triggered will be a market order, and not a limit one)
The exchange offers margin trading in all of the cryptocurrencies displayed on the website. It also offers to trade with futures and derivatives – swaps.

Futures and Swaps

A futures contract is an agreement to buy or sell a given asset in the future at a predetermined price. On BitMEX, users can leverage up to 100x on certain contracts.
Perpetual swaps are similar to futures, except that there is no expiry date for them and no settlement. Additionally, they trade close to the underlying reference Index Price, unlike futures, which may diverge substantially from the Index Price.
BitMEX also offers Binary series contracts, which are prediction-based contracts which can only settle at either 0 or 100. In essence, the Binary series contracts are a more complicated way of making a bet on a given event.
The only Binary series betting instrument currently available is related to the next 1mb block on the Bitcoin blockchain. Binary series contracts are traded with no leverage, a 0% maker fee, a 0.25% taker fee and 0.25% settlement fee.

Bitmex Leverage

BitMEX allows its traders to leverage their position on the platform. Leverage is the ability to place orders that are bigger than the users’ existing balance. This could lead to a higher profit in comparison when placing an order with only the wallet balance. Trading in such conditions is called “Margin Trading.”
There are two types of Margin Trading: Isolated and Cross-Margin. The former allows the user to select the amount of money in their wallet that should be used to hold their position after an order is placed. However, the latter provides that all of the money in the users’ wallet can be used to hold their position, and therefore should be treated with extreme caution.
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The BitMEX platform allows users to set their leverage level by using the leverage slider. A maximum leverage of 1:100 is available (on Bitcoin and Bitcoin Cash). This is quite a high level of leverage for cryptocurrencies, with the average offered by other exchanges rarely exceeding 1:20.

BitMEX Fees

For traditional futures trading, BitMEX has a straightforward fee schedule. As noted, in terms of leverage offered, BitMEX offers up to 100% leverage, with the amount off leverage varying from product to product.
However, it should be noted that trading at the highest leverages is sophisticated and is intended for professional investors that are familiar with speculative trading. The fees and leverage are as follows:
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However, there are additional fees for hidden / iceberg orders. A hidden order pays the taker fee until the entire hidden quantity is completely executed. Then, the order will become normal, and the user will receive the maker rebate for the non-hidden amount.

Deposits and Withdrawals

BitMEX does not charge fees on deposits or withdrawals. However, when withdrawing Bitcoin, the minimum Network fee is based on blockchain load. The only costs therefore are those of the banks or the cryptocurrency networks.
As noted previously, BitMEX only accepts deposits in Bitcoin and therefore Bitcoin serves as collateral on trading contracts, regardless of whether or not the trade involves Bitcoin.
The minimum deposit is 0.001 BTC. There are no limits on withdrawals, but withdrawals can also be in Bitcoin only. To make a withdrawal, all that users need to do is insert the amount to withdraw and the wallet address to complete the transfer.
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Deposits can be made 24/7 but withdrawals are processed by hand at a recurring time once per day. The hand processed withdrawals are intended to increase the security levels of users’ funds by providing extra time (and email notice) to cancel any fraudulent withdrawal requests, as well as bypassing the use of automated systems & hot wallets which may be more prone to compromise.

Supported Currencies

BitMEX operates as a crypto to crypto exchange and makes use of a Bitcoin-in/Bitcoin-out structure. Therefore, platform users are currently unable to use fiat currencies for any payments or transfers, however, a plus side of this is that there are no limits for trading and the exchange incorporates trading pairs linked to the US Dollar (XBT), Japanese Yen (XBJ), and Chinese Yuan (XBC).
BitMEX supports the following cryptocurrencies:
  • Bitcoin (XBT)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Ripple Token (XRP)
  • Monero (XMR)
  • Dash (DASH)
  • Zcash (ZEC)
  • Cardano (ADA)
  • Tron (TRX)
  • EOS Token (EOS)
BitMEX also offers leverage options on the following coins:
  • 5x: Zcash (ZEC)
  • 20x : Ripple (XRP),Bitcoin Cash (BCH), Cardano (ADA), EOS Token (EOS), Tron (TRX)
  • 25x: Monero (XMR)
  • 33x: Litecoin (LTC)
  • 50x: Ethereum (ETH)
  • 100x: Bitcoin (XBT), Bitcoin / Yen (XBJ), Bitcoin / Yuan (XBC)

Trading Technologies International Partnership

HDR Global Trading, the company which owns BitMEX, has recently announced a partnership with Trading Technologies International, Inc. (TT), a leading international high-performance trading software provider.
The TT platform is designed specifically for professional traders, brokers, and market-access providers, and incorporates a wide variety of trading tools and analytical indicators that allow even the most advanced traders to customize the software to suit their unique trading styles. The TT platform also provides traders with global market access and trade execution through its privately managed infrastructure and the partnership will see BitMEX users gaining access to the trading tools on all BitMEX products, including the popular XBT/USD Perpetual Swap pairing.
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The BitMEX Insurance Fund

The ability to trade on leverage is one of the exchange’s main selling points and offering leverage and providing the opportunity for traders to trade against each other may result in a situation where the winners do not receive all of their expected profits. As a result of the amounts of leverage involved, it’s possible that the losers may not have enough margin in their positions to pay the winners.
Traditional exchanges like the Chicago Mercantile Exchange (CME) offset this problem by utilizing multiple layers of protection and cryptocurrency trading platforms offering leverage cannot currently match the levels of protection provided to winning traders.
In addition, cryptocurrency exchanges offering leveraged trades propose a capped downside and unlimited upside on a highly volatile asset with the caveat being that on occasion, there may not be enough funds in the system to pay out the winners.
To help solve this problem, BitMEX has developed an insurance fund system, and when a trader has an open leveraged position, their position is forcefully closed or liquidated when their maintenance margin is too low.
Here, a trader’s profit and loss does not reflect the actual price their position was closed on the market, and with BitMEX when a trader is liquidated, their equity associated with the position drops down to zero.
In the following example, the trader has taken a 100x long position. In the event that the mark price of Bitcoin falls to $3,980 (by 0.5%), then the position gets liquidated with the 100 Bitcoin position needing to be sold on the market.
This means that it does not matter what price this trade executes at, namely if it’s $3,995 or $3,000, as from the view of the liquidated trader, regardless of the price, they lose all the equity they had in their position, and lose the entire one Bitcoin.
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Assuming there is a fully liquid market, the bid/ask spread should be tighter than the maintenance margin. Here, liquidations manifest as contributions to the insurance fund (e.g. if the maintenance margin is 50bps, but the market is 1bp wide), and the insurance fund should rise by close to the same amount as the maintenance margin when a position is liquidated. In this scenario, as long as healthy liquid markets persist, the insurance fund should continue its steady growth.
The following graphs further illustrate the example, and in the first chart, market conditions are healthy with a narrow bid/ask spread (just $2) at the time of liquidation. Here, the closing trade occurs at a higher price than the bankruptcy price (the price where the margin balance is zero) and the insurance fund benefits.
Illustrative example of an insurance contribution – Long 100x with 1 BTC collateral
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(Note: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,978, representing $1 of slippage compared to the $3,979 bid price at the time of liquidation.)
The second chart shows a wide bid/ask spread at the time of liquidation, here, the closing trade takes place at a lower price than the bankruptcy price, and the insurance fund is used to make sure that winning traders receive their expected profits.
This works to stabilize the potential for returns as there is no guarantee that healthy market conditions can continue, especially during periods of heightened price volatility. During these periods, it’s actually possible that the insurance fund can be used up than it is built up.
Illustrative example of an insurance depletion – Long 100x with 1 BTC collateral
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(Notes: The above illustration is based on opening a 100x long position at $4,000 per BTC and 1 Bitcoin of collateral. The illustration is an oversimplification and ignores factors such as fees and other adjustments.
The bid and offer prices represent the state of the order book at the time of liquidation. The closing trade price is $3,800, representing $20 of slippage compared to the $3,820 bid price at the time of liquidation.)
The exchange declared in February 2019, that the BitMEX insurance fund retained close to 21,000 Bitcoin (around $70 million based on Bitcoin spot prices at the time).
This figure represents just 0.007% of BitMEX’s notional annual trading volume, which has been quoted as being approximately $1 trillion. This is higher than the insurance funds as a proportion of trading volume of the CME, and therefore, winning traders on BitMEX are exposed to much larger risks than CME traders as:
  • BitMEX does not have clearing members with large balance sheets and traders are directly exposed to each other.
  • BitMEX does not demand payments from traders with negative account balances.
  • The underlying instruments on BitMEX are more volatile than the more traditional instruments available on CME.
Therefore, with the insurance fund remaining capitalized, the system effectively with participants who get liquidated paying for liquidations, or a losers pay for losers mechanism.
This system may appear controversial as first, though some may argue that there is a degree of uniformity to it. It’s also worth noting that the exchange also makes use of Auto Deleveraging which means that on occasion, leveraged positions in profit can still be reduced during certain time periods if a liquidated order cannot be executed in the market.
More adventurous traders should note that while the insurance fund holds 21,000 Bitcoin, worth approximately 0.1% of the total Bitcoin supply, BitMEX still doesn’t offer the same level of guarantees to winning traders that are provided by more traditional leveraged trading platforms.
Given the inherent volatility of the cryptocurrency market, there remains some possibility that the fund gets drained down to zero despite its current size. This may result in more successful traders lacking confidence in the platform and choosing to limit their exposure in the event of BitMEX being unable to compensate winning traders.

How suitable is BitMEX for Beginners?

BitMEX generates high Bitcoin trading levels, and also attracts good levels of volume across other crypto-to-crypto transfers. This helps to maintain a buzz around the exchange, and BitMEX also employs relatively low trading fees, and is available round the world (except to US inhabitants).
This helps to attract the attention of people new to the process of trading on leverage and when getting started on the platform there are 5 main navigation Tabs to get used to:
  • **Trade:**The trading dashboard of BitMEX. This tab allows you to select your preferred trading instrument, and choose leverage, as well as place and cancel orders. You can also see your position information and view key information in the contract details.
  • **Account:**Here, all your account information is displayed including available Bitcoin margin balances, deposits and withdrawals, and trade history.
  • **Contracts:**This tab covers further instrument information including funding history, contract sizes; leverage offered expiry, underlying reference Price Index data, and other key features.
  • **References:**This resource centre allows you to learn about futures, perpetual contracts, position marking, and liquidation.
  • **API:**From here you can set up an API connection with BitMEX, and utilize the REST API and WebSocket API.
BitMEX also employs 24/7 customer support and the team can also be contacted on their Twitter and Reddit accounts.
In addition, BitMEX provides a variety of educational resources including an FAQ section, Futures guides, Perpetual Contracts guides, and further resources in the “References” account tab.
For users looking for more in depth analysis, the BitMEX blog produces high level descriptions of a number of subjects and has garnered a good reputation among the cryptocurrency community.
Most importantly, the exchange also maintains a testnet platform, built on top of testnet Bitcoin, which allows anyone to try out programs and strategies before moving on to the live exchange.
This is crucial as despite the wealth of resources available, BitMEX is not really suitable for beginners, and margin trading, futures contracts and swaps are best left to experienced, professional or institutional traders.
Margin trading and choosing to engage in leveraged activity are risky processes and even more advanced traders can describe the process as a high risk and high reward “game”. New entrants to the sector should spend a considerable amount of time learning about margin trading and testing out strategies before considering whether to open a live account.

Is BitMEX Safe?

BitMEX is widely considered to have strong levels of security. The platform uses multi-signature deposits and withdrawal schemes which can only be used by BitMEX partners. BitMEX also utilises Amazon Web Services to protect the servers with text messages and two-factor authentication, as well as hardware tokens.
BitMEX also has a system for risk checks, which requires that the sum of all account holdings on the website must be zero. If it’s not, all trading is immediately halted. As noted previously, withdrawals are all individually hand-checked by employees, and private keys are never stored in the cloud. Deposit addresses are externally verified to make sure that they contain matching keys. If they do not, there is an immediate system shutdown.
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In addition, the BitMEX trading platform is written in kdb+, a database and toolset popular amongst major banks in high frequency trading applications. The BitMEX engine appears to be faster and more reliable than some of its competitors, such as Poloniex and Bittrex.
They have email notifications, and PGP encryption is used for all communication.
The exchange hasn’t been hacked in the past.

How Secure is the platform?

As previously mentioned, BitMEX is considered to be a safe exchange and incorporates a number of security protocols that are becoming standard among the sector’s leading exchanges. In addition to making use of Amazon Web Services’ cloud security, all the exchange’s systems can only be accessed after passing through multiple forms of authentication, and individual systems are only able to communicate with each other across approved and monitored channels.
Communication is also further secured as the exchange provides optional PGP encryption for all automated emails, and users can insert their PGP public key into the form inside their accounts.
Once set up, BitMEX will encrypt and sign all the automated emails sent by you or to your account by the [[email protected]](mailto:[email protected]) email address. Users can also initiate secure conversations with the support team by using the email address and public key on the Technical Contact, and the team have made their automated system’s PGP key available for verification in their Security Section.
The platform’s trading engine is written in kdb+, a database and toolset used by leading financial institutions in high-frequency trading applications, and the speed and reliability of the engine is also used to perform a full risk check after every order placement, trade, settlement, deposit, and withdrawal.
All accounts in the system must consistently sum to zero, and if this does not happen then trading on the platform is immediately halted for all users.
With regards to wallet security, BitMEX makes use of a multisignature deposit and withdrawal scheme, and all exchange addresses are multisignature by default with all storage being kept offline. Private keys are not stored on any cloud servers and deep cold storage is used for the majority of funds.
Furthermore, all deposit addresses sent by the BitMEX system are verified by an external service that works to ensure that they contain the keys controlled by the founders, and in the event that the public keys differ, the system is immediately shut down and trading halted. The exchange’s security practices also see that every withdrawal is audited by hand by a minimum of two employees before being sent out.

BitMEX Customer Support

The trading platform has a 24/7 support on multiple channels, including email, ticket systems and social media. The typical response time from the customer support team is about one hour, and feedback on the customer support generally suggest that the customer service responses are helpful and are not restricted to automated responses.
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The BitMEX also offers a knowledge base and FAQs which, although they are not necessarily always helpful, may assist and direct users towards the necessary channels to obtain assistance.
BitMEX also offers trading guides which can be accessed here

Conclusion

There would appear to be few complaints online about BitMEX, with most issues relating to technical matters or about the complexities of using the website. Older complaints also appeared to include issues relating to low liquidity, but this no longer appears to be an issue.
BitMEX is clearly not a platform that is not intended for the amateur investor. The interface is complex and therefore it can be very difficult for users to get used to the platform and to even navigate the website.
However, the platform does provide a wide range of tools and once users have experience of the platform they will appreciate the wide range of information that the platform provides.
Visit BitMEX
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Trading, psychology, and the benefits of Trading Bots.

Trading, psychology, and the benefits of Trading Bots.

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Most beginners who open trading accounts on cryptocurrency exchanges and start independent trading, see only one goal — to earn as quickly as possible.
This is a big mistake. The fact is that trading on the stock exchange will only become truly profitable when it becomes a priority for the person who came to trading. As a rule, to combine trade with any other occupation and at the same time everywhere to succeed will not work.
Trading for a novice trader should be if not the main, then a very important and priority occupation. No need to wait for quick results.
Trading on the stock exchange — the same profession as a doctor, Builder or engineer. The only difference is that she can’t go to University. Just as one learns to be a Builder for five years, so it takes years to learn all the wisdom and secrets of the trade. Trading on the stock exchange is not a Stayer distance, it is a marathon. And the winner is the one who will find the courage to reach the end.
In addition, trade is very much changing a person, showing his qualities, which in everyday life he does not know. Over time, if a trader really wants to succeed in trading, he must completely rethink his life, change the system of values and look at many things, change himself.

Fear as a Component of Trading

The strongest emotion known to man is, of course, fear. What gives rise to the exchange’s fears? We can not predict the behavior of the market, and therefore fully control their money invested in its instruments. In addition to the unknown, when there is no understanding of how to safely get out of a predicament, we are afraid in advance of what traumatized us earlier. Because fear is so emotional, you need to surround yourself with the right facts to drive it away. We need to know for sure that our trading system should not generate more than three consecutive losing trades. Winners plan what to do if their trades fail.
So only a systematic approach will protect us from ourselves. That is why the investment rules written in the trading templates exist not only to communicate the best market opportunities but, more importantly, to protect us from our own internal “demons”.

Emotions in Trading

Seekers of strong emotions, adrenaline forget everything in pursuit of excitement. It follows that a novice investor, overtaken by the “adrenaline curse”, will trade at the slightest opportunity. Yet Dostoevsky, one of the most famous and avid players, said that for him the most acute feeling in life — to win money. The second most acute feeling is to lose them.
Paradoxically, few things give more pleasure than getting rid of the pain and torment of being in a losing trade. This creates a mental internal conflict. Awareness of losses brings “excitement” or a sense of exaltation, and our emotionality does not care what we pay for these experiences losses in the brokerage account. “Adrenaline curse” will drive us into the trade for thrills and extract them from there, regardless of the price.

Intuition on the Exchange

The mind of an intuitive investor tries to construct mental constructions of events. I will try to explain what mental construction is by the example of a chess player’s thinking. The grandmaster understands and remembers the position of each figure in terms of its mental constructions and relationships inherent in the arrangement of figures. The random arrangement of the figures does not fit into any of his mental constructs, and he cannot structure what he sees.
Market patterns on cryptocurrency charts compared to chess compositions include an excessive element of chaos so that they can be interpreted intuitively. Investors with intuition are able to achieve success with the help of” flair”, but this flair often leaves them. The intellect of the rational trader, on the contrary, is manifested in his ability to logically comprehend what is happening to him and to the reality around him and to make on this basis the simplest and most correct decision. Intuition is the ability of a person to penetrate into the essence of things not by reasoning or logical thinking, but by instantaneous, unconscious insight. This is the ability of a trader to “ see the market not with his mind but with his heart.” But, even with a highly developed intuition, you can not act on the market, using only it.This is the trap of intuitive trading — it is impossible to learn.

Fear of Taking Responsibility

What distinguishes successful traders from losers who lose money? First of all look at life. Most people are very passive.
If you ask people if they are happy with their lives, the answer is likely to be negative. On the question of who is to blame, I would say that the fault of the parents who have not given a good education, why now not get a good job; blame the employer who delays wages; blame the dollar, which is rising, then falling; to blame the President and the government who do not pay pensions, etc., In their troubles and problems most of the people blame anyone but themselves.
The same thing happens in the market because the exchange is a mirror of our life. Talk to the trader losing money, ask why he can’t make money in the market. He replied that the fault of the insiders, manipulators, blame the binary options broker too much Commission, to blame the neighbor who suggested the deal, which turned into a heavy loss. In other words, he himself would have been a millionaire long ago, but for a number of reasons, certainly beyond his control, until that happened.
If a person wants to achieve something-not just to lead a life, which are millions of ordinary people (every day to go to work, save five years for a car, twenty years for an apartment, etc.), and to live a full life, so that the financial issue went into the background, to work for fun, not for money, he needs to take responsibility for everything that happens in his life. A person needs to realize that the cause of everything that happens to him is himself.It is this view that allows you to succeed in life and in any business. And trade is no exception.
This is the way successful traders look at life. Once you realize that the cause of all your losses is yourself, and not some mythical manipulators, then the case will move forward.
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In the age of digital technologies, when artificial intelligence develops, computer technologies improve, mankind creates various tools to facilitate their own life and everyday life.
If we pay attention to trading, then this direction is actively developing, getting new and unique tools. Since any trader (beginner or experienced specialist) is subject to emotions and various psychological factors, there are tools such as trading bots.

Trading Bots/Robots

A trading robot (bot) is a program that has a certain algorithm. It buys or sells cryptocurrency assets, focusing on the situation in the market. The first trading robots appeared in 2012, and since then they have become more and more perfect. Currently, according to some estimates, 90% of short-term transactions are made either by bots or with their participation.
Bots are usually developed for specific trading platforms. Most cryptocurrency exchanges have an API, and they are generally positive about free auto trading within their platform.
In contrast to the positive attitude to exchange robots, exchanges often have a negative attitude to arbitration robots. On the rules of trade can be found in the official documentation of the exchange, and if there is no such information, the question can be asked directly to technical support.Some people wonder: is it possible to write your bot trader? This is not an easy option, which is suitable only for experienced programmers. After writing, bots are tested for a long time in the market, corrected numerous errors, corrected strategy.
A programmer can also write a bot based on someone else’s code. Some bots are open source, and anyone can find it on GitHub and modify it to fit their needs.
Buy a bot for trading cryptocurrency: there are inexpensive programs for trading (about $ 10), and the cost of more high-quality and complex exceeds more than $ 200 and even $ 1000. There is no maximum price limit for bots, top bots are written to order $ 1500 and more.
Users are usually offered a choice of several tariff plans for crypto bots, from economy to luxury. The inexpensive option includes the most basic trading algorithms, and the expensive one brings maximum profit and works on more complex algorithms. Arbitration bots are a more expensive exchange. Known cases when downloading the bot, people got on your computer virus-miner or virus-cipher, which encrypt all your personal files and demanded a ransom in bitcoin, usually in bitcoin. Naturally, after transferring the ransom to the specified wallet, no decryption of the files occurred.
Trading strategy of stock and arbitrage bots can be very simple, for example:- When the price of cryptocurrency decreases, you need to buy it.- If the price rises, it should be sold.- Or much more complicated. The algorithm can take into account historical data for the last time, indicators, navigate by signals. Quality bots analyze more than a hundred parameters when placing orders.
Some programs do not change the algorithm, and there are bots that can connect or configure additional parameters. This option is well suited for experienced traders who have their own preferences in the style of trading.
A standard bot can perform such actions:- To assess the market situation, to monitor the rate at a given period of time, to make a forecast. In manual trading, it can show signals to the trader.- Create buy or sell orders.- To report on the profit or loss received.
On the example of our IMBA-Exchange, we came to the conclusion that we also need to provide an opportunity for each trader to use bots so that they can be in a comfortable trading environment.
Our exchange specialists are developing their own bot for cryptocurrency trading, which will be an excellent and convenient addition to every trader who wants to eliminate the psychological factor and seeks to get stable earnings without losing personal time.
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IMBA-Exchange Metronix bot makes life easier for every investor.
For example, Ing. Michael Eder the CEO of IMBA-Exchange, who has 10 years of experience in trading and the last 3 years in cryptocurrency trading, has firmly decided for himself that in the current realities trading on the exchange simply needs bots:
Throughout the time that I have been trading, I can confidently say that today trading bots are necessary for all traders as the main tool. No matter how long you are in exchange trading, but the nature of the person is designed so that under the influence of psychological factors, market conditions, etc. You still make mistakes and, as a result, this leads to financial losses.Our Metronix Trading Bot will help to solve these problems and eliminate negative consequences. A bot is a tool; it has no feelings. He performs a specific task for a given program and performs it almost unmistakably. The task of the trader is to monitor the situation on the market and correctly, as well as at the right time to configure your bot.
Stay with us, in front of you will find many interesting and new.
Material developed by experts IMBA-Exchange
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Welcome to the Binary.com ICO subreddit

Welcome!

Hi everyone! Welcome to the dedicated subreddit for the Binary.com Initial Coin Offering (ICO).  
The aim of this subreddit is to provide a safe and thriving discussion space for traders, investors, developers, partners, and just about anyone who’s interested in investing in the Binary.com ICO or in learning how an ICO works.  
We’ll be posting news and updates, especially about our upcoming ICO, and we’d love to see you share your thoughts, ideas, and relevant links that you think might interest the community.  
We genuinely believe our ICO and the concept of “smart tokens” can usher in the next wave of ICOs that are best described as “IPOs on the blockchain”.  
Learn more about our ICO at https://ico.binary.com.  

Our commitment to cryptocurrencies and blockchain technology

We are one of the first online trading platforms to offer cryptocurrency denominated accounts (e.g. BTC and LTC) whereby clients can deposit, trade, and withdraw their winnings –– all in the cryptocurrency of their choice. We have further plans to incorporate blockchain technology and reshape our award-winning trading platform for a blockchain-based future.  

Why crypto?

We absolutely believe in the transformational power of cryptocurrencies for several reasons, including the fact that banking as an industry is outdated and ripe for disruption –– especially when it comes to payments and international transfers.  

Who are we?

Binary.com (formerly BetOnMarkets.com) is the pioneer in online binary options trading. We started out in 2000 to make binary options –– also known as fixed-odds financial trading –– easily available to ordinary investors worldwide. Before we came onto the scene, binary options were typically traded only in large quantities.  
In 2016, we ventured into Forex and CFD trading with the MetaTrader 5 platform. In May 2017, we added cryptocurrencies to the list of tradable assets on our MT5 platform, starting with BTC/USD. This was followed by ETH/USD and LTC/USD a month later.  

Links and stuff

Here are some other useful links forthose wanting to find out more about who we are what we do:
Read press coverage on our ICO:
P.S. Check out the sidebar for more cool links!
submitted by binary_reddit to binary_ico [link] [comments]

5 Key Points To Consider When Choosing A Binary Options Broker

  1. Begin with the reputation of the broker you wish to go for: The reputation of the broker speaks for itself. So, a good way to begin your search is to create a list of reputable binary options trading broker and understand what makes them the best in the business. For this, you can take help from the reviews or testimonials. But look at the reviews given by the traders who have used their services before. And consider what they have to say about them. With this, you can realize whether the broker is worth a try or not. My Best recommendation of brokers with credibility is here. http://trkur3.com/308487/37602
  2. Know the features and tools offered by the binary options broker before selecting your favorite: Based on the demands of your trading, you have to confirm the functionality, features and its associated costs with the broker. You should note the account minimums, website response, trading interfaces (mobile apps, call-in-trade), legalities of registration and more. There are certain features that might be important for a particular trading strategy. For instance, the “pay-off” is widely used by traders, yet only specific brokers offer it. Also, hedgers require graphical display of the combination of options. Risk analysts get it from VaR or other similar analytics. Everyone needs different tools. Discovering the best binary trading sites is not the same for everyone.
  3. Pick a broker that offers demo account:
The demo account is an incredible platform feature. You can examine the tools and other features of the broker, before being a part of it. This is the reason why both, beginners and experienced traders should make use of this facility. Especially when they are not sure about how to choose a binary broker. Choosing the best out of a long binary options brokers list will be easier if you exclude the ones that do not offer a demo account. Moreover, the demo trading account can be a practice arena for those who are completely new to binary options trading. I will provide them a clear idea about what this form of trading is and how it works.
  1. Read the terms and conditions carefully before picking out your best broker: This is boring. We all know it. But going through the terms and conditions stipulated by the brokerage company is important. The details will give you a proper idea of the practices, policies and law that governs its service. Besides to that, it is vital to know how the pay will be done when you win/lose traders.
  2. Check the credibility of customer support team when deciding for a broker :
Several brokers often make tall claims in the terms of service standards, bonuses and features. But one aspect that is also important is the customer service. Because at the end of day, you want to invest your funds proficiently and keep them in safe hands. And the best binary trading platforms offer good service. So, contact the customer support department. Discuss the queries that you have in your mind. And make your move only when you are satisfied by their answers. And when you are comfortable with their services. These are the main keys on how to choose a binary options broker.The most important are the reviews. My best recommendation is this.
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Safe Trader App Review, Scam ,Legit Reviews

Safe Trader App is a 60 second binary option trading platform that enables you to roll a $100 into a $2000 in just a matter of 60 seconds. Here the safe trader app review will reveal the actual truth whether it is a scam or legit platform.  
Safe Trader App is a Binary Options Trading Application created by Aaron Williams and Rick Vicari which is absolutely FREE.  
>>>>> OFFICIAL LINK <<<<<  
 
>>>>> $20 REBATE LINK <<<<<  
 
I'm giving away a $20 rebate when you get the application and start trading using the REBATE LINK. Please remember to do the following checklist to avail the rebate offer.  
>>>>>> REBATE LINK <<<<<<  
 
Safe Trader App - Only 23?  
As there is a huge demand of the application, the owner decided to keep it limited. Because the more people will get attached to it, the performance of the application will decrease slowly. So, to serve the best the creator decided this though it was a tough call for him.  
 
>>>>CLICK HERE TO GRAB YOUR COPY<<<<  
 
Binary Option Trading System  
Binary option trading will now be one of essentially the most popular ways in order to create money online from a short amount of one's time because of these kinds of easy to trade, readily available online, and provide traders with a high return on their investment in this quick amount of year. Even though they are new to the world market, new people are discovering how profitable cedar finance scam are everyday. Know more about binary trading at -- Binary Option Wiki  
 
Safe Trader App --- Introduction  
Talking about Binary Option Trading, it is second to none to change everything all in a sudden. Safe Trader App authored by Aaron Williams and Rick Vicari is this kind of equipment. Safe Trader App is a great way to boost profits and this can be done by trading the 60 seconds option trading method. You just don’t need to be an expert, neither a trader, no one special except you are ready to change your luck with armor like your PC and internet. Every 18 out of the 20 trades that you do on this platform will get you 90% profit just in 60 seconds. But 100% Win record may be achievable if short trades done or you get used to with the behavior of the Safe Trader App software.  
The installation is merely easy. Just download the application from the link given above and below, install it and you are good to go depositing your amount in the account for trading. Along side, you'll have access to detailed training materials that is not only easy for the experts but also a cup of tea for the beginners as well. The trading part is only 3 steps method. Choosing a currency pair. Make a call according to the signals and finally, invest and get profit.  
Here are some results from couple of my friends,  
  1. Hattie Wynkop : managed to have 100% win with 10 trades, depositing a pretty small amount of $25 in each trades.
  2. Doug Barner : managed to have 100% win with 20 trades, depositing a pretty small amount of $25 in each trades.
  3. Antonio Chittam : managed to have 90% win with 20 trades, depositing a pretty small amount of $25 in each trades.  
Safe Trader App --- Why do I like  
 
 
>>>> OFFICIAL LINK <<<<<  
 
Safe Trader App Review doesn't guarantee a 100% win situation every time though sometimes it is possible to achieve. Sometimes beginners get over excited and can't control their emotions to trade more and more in limited time. You just have to know yourself when to make the right decision and have to have patience.  
Safe Trader App review discloses here. I'm using it, I'm loving it and I know I'm getting my result. I also feel, if you are serious about this, you will do the same as me and won't regret testing the application. But remember, the decision is always yours. No matter how good I treat it, please check with your own vision.  
 
>>>> REBATE LINK <<<<<  
 
Live the life you always dreamed!
 
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Alert ! Wall Street Focus Group Review - 100% Working - Wall Street Focus Group Software

Alert ! Wall Street Focus Group Review - 100% Working - Wall Street Focus Group Software . The Wall Street Focus Group Review is introduced to the users to determine if it’s the outset of a new technology on binary trading market or simply yet another hoax. The Wall Street Focus Group software is without doubt 100% automated binary options system that employs the Alpha Algorithm to locate rewarding trades. It is the only binary trading robots on the market which put into action this unique technology. Envisioned success rate for the scrupulous user gets to up to around 99%, simultaneously a lot more freewheeling investors can take advantage of a winning ratio of in close proximity to 90%.
Wall Street Focus Group software is unquestionably self-learning and the increasing numbers of people make use of it, the greater it really is for it to locate and anticipate profitable market opportunities in the future. It does that by simply adhering to complex structures of a highly intricate Algorithm created by a Silicon Valley Engineer together with investing volume level improves its very own accuracy.
Click the link to Claim Your $1K Wall Street Focus Group System Bonus and To Download Your Free Copy Of Wall Street Focus Group APP Now
Who is David Lombardi?
David Lombardi remarks he is the CEO and Founder of Wall Street Focus Group Holdings Company. They’re offering services to traders and utilizing the Alpha Algorithm to analyze the future market condition in the financial market, with the assistance of a system that is world class in the industry.
Technology and Creatives Behind Wall Street Focus Group
Wall Street Focus Group is using Alpha Algorithm that evaluates markets from the traders behavior insights enabling to scrap latest changes of any currencies, commodities and Indices. That creates the most beneficial choices to trade with their Compound Profit Formula. You’ll see their highly recommended trading options in the platform. That’s the total calculation of the system which you’ll see. You have options to trade manually and auto trading as well. Every control is yours but with having the Industry Leading System with the broker you trust on your side.
Wall Street Focus Group Details:
Min Deposit: $250
Accuracy: 99%
Trading Brokers: Industry Leading Brokers 100% Trusted
Trading Options: 100% Automated Trading and Manual Trading Options.
Product Type: Binary Trading Robot
Wall Street Focus Group
Product Description: Wall Street Focus Group is a binary options trading software that provides auto trading facilities and provides signals on currencies, commodities and indices. The software integrates with all major binary options brokers. The software doesn’t cost anything itself but to be able to use the full version of the software, Deposit at least $250 to integrated binary broker and start trading.
Click the link to Claim Your $1K Wall Street Focus Group System Bonus and To Download Your Free Copy Of Wall Street Focus Group APP Now
Wall Street Focus Group Review on the Platform:
Wall Street Focus Group System is developed by David Lombardi- a veteran software engineer worked in the Silicon Valley for eight years and his developing team who were his former colleagues. Wall Street Focus Group tracks down trading volumes in real time and anticipate the top investors’ behaviors in the market. The system then calculates the best trading options for the users. It does the whole math and gives the ultimate decision on safe and profitable trades.
The accessibility to this system is absolutely free of charge. Wall Street Focus Group isn’t going to charge you anything at all. There aren’t any amounts with regards to your revenue being subtracted or maybe hidden costs. When you fill the sign up form, you’re going to be sent to a members area as well as connected with a trusted broker. The accessible selection of platform providers is excellent which is apparent that Wall Street Focus Group’s founders made the time and effort to ensure worthwhile in addition to secure trading experience.
The instant you desire to withdraw funds, this can be done just by dispatching a withdrawal request within the Wall Street Focus Group platform and the funds will be transferred into your bank account within 15 minutes since the company has an enterprise level contract.
The user interface is amazingly simple to use as well as fast and effortless to make use of. You have options to choose languages, your Active Trades along with Trading Histories. Over-all Pleasant User interface to work with.
Wall Street Focus Group Walk through:
It’s really effortless to get going with Wall Street Focus Group. Follow the Steps:
The Secret Sauce- Wall Street Focus Group is not A Scam!
Amigo, the everlasting fact is: You’re the only one who choose your own road to financial success. It is possible to consider facts, think about and be able to decide sensibly! If someone else is actually driving you into something and you’re just going in that direction- Take My Word- You’re the one who’ll get ripped off. Assess the Specifics Of Wall Street Focus Group and it’s Your Thing to make a decision Whether to Utilize Wall Street Focus Group or Not! Good luck!
Click the link to Claim Your $1K Wall Street Focus Group System Bonus and To Download Your Free Copy Of Wall Street Focus Group APP Now
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Stark Trading System Review -Perfect Method For You

Stark Trading System Review -Perfect Method For You Stark Trading System Review The Bow Legs No More System is a ebook, which can be downloaded instantly in a PDF (e-book) format or viewed online. It is 100 % characteristic and safe consequently it should be possible in the protection of your home. It is demonstrated and extremely reasonable henceforth justified regardless of your thought. Trust this Bow Legs No More survey will help you to settle on an astute choice and stroll with certainty. Stark Trading System Are you looking for a way to get rich fast using binary options? Stark Trading System is a auto quick software is a new trading app. This system is very easy to use and completely automates the binary trading experience. Stark Trading System is new trading system that helps investors when predicting their positions in binary options. It shows you where not to invest if the market is not favorable to become profitable for you which can really save any trader their hard earned investment funding. It is the finest software designed to provide both professional and novice traders.
What Is Stark Trading System The Stark Trading System system offers more than just a software, and some useless membership; it gives you insider tips, and trains you in everything that you will need to know about binary trading. This primary goal of this tool is to watch nearly over the business and search for beneficial trades for its users. The entire set of drilling and points of interest you have to take advantage of programming is clarified when utilizing the product so there’s no compelling reason to worry about that, eminently any beginner simply getting in. Anyone who will take enough time to download The Stark Trading System software and begin trading can make the most profitable investments since the software is boasting a considerable 91% rate of success.
How Does Stark Trading System Works The software watches over the current binary options market 24 hours a day and then stores all the market movements and data to give out advice to which binary options trades will be profitable to invest in. The software is simple enough to navigate that even novice users will be able to make it work for them. The software itself is being offered for free but only on a limited basis. Once you set up your account, you deposit the money you will be using to trade with and the app itself will automatically make the trades that fit into its criteria to generate maximum profits. Learning The Stark Trading System application and making money is straightforward as activating the program and waiting for a signal to tell you exactly what option to place a trade on.
What Do You Learn From Stark Trading System The newly developed Stark Trading System software is a program that assists traders with finding the right binary options to invest in. Using the Stark Trading System software is completely free. You will never be charged a commission or finders fee for how many profitable trades they find you. You can find out more about this particular piece of software online, or by watching introductory videos. When the program finds a trade you can head over right to your options trading broker to make the trade which will be either a call, or a put. Stark Trading System will show all the binary options that are available and open for trading and where they are moving in real time. Positive Points: This program also reduces the complexity for the charts and payout of a certain percentage of the value on the underlying asset. The method of trading being simple is easy to understand. This is a real opportunity for convincing yourself of the power of the tool. Ease of use, plenty of information regarding the steps you need to take in order to take advantage of the system. It is quick money where in you can earn substantially by putting in just 20-25 minutes of your day. The software is very easy to use and there is you have to install to get started. Negative Point: Stark Trading System available in online only.
Conclusion You can actually make some good money by using this system. However, you are not going to become rich in a short amount of time, and you will need to spend a little bit of money before you see any profits. This software include wonderful customer support so don't worry about anything. Many people wonder if it’s possible to even earn anything with binary options and think it usually is all a scam. The truth is that many people all over have great success with binary options if using the most suitable strategies and tools.
==> Click Here To Get Free Instant Access Stark Trading System <==
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Fantasy Stock Pro Review - Ryan Harper's new day trading software strategies Is is Scam or best penny stocks listing

Fantasy Stock Pro Review - Ryan Harper's new day trading software strategies Is is Scam or best penny stocks listing Helo, viewers we have made a under processing review about "Fantasy Stock Pro" which will update step by step how this day trading stock picks perform in market. Fantasy Stock Pro's Ryan Harper promises very high and quick returns to it's traders. But is this online stock investing software system a scam or it is best trading penny stocks in the market? Free download Fantasy Stock Pro as now hot day trading penny stock.
Product: Fantasy Stock Pro
Owner: Ryan Harper
Niche: day trading strategy
Website: FantasyStockPro.Com
My Fantasy Stock Pro Review
Binary option trading software is simply and one of the best way to execute winning trades without analyzing charts and following the market conditions but some trading platforms can prove to be a scam. The main header of the official website is the first thing we noticed that is not legitimate.
We see messages like this, normally in the binary options market with engineers attempting to make their items appear to be more imperative than they really are. Ryan Harper, creator of the software, trusts that he can instruct individuals to utilize his platform to make unbelievable huge profits of dollars every week.
Does Fantasy Stock Pro Scam
The Fantasy Stock Pro page likewise comprises of a story that clarifies how Ryan Harper ran over this technique. He let the traders know that he lives in Las Vegas and was really beginning to bring home profits playing blackjack yet, in the end, he came to the end of the month and he was dead bankrupt. In spite of the way that he was rendered bankrupt from playing blackjack he felt that he could utilize his blackjack system while trading stocks.
Ryan claims it’s conceivable to take 500 dollars and transformed into 500,000 and just 5 exchanges. There is no real proof that this software really works and this is the reason why we not recommend you to invest in another more reliable and trustworthy binary options system.
Is Fantasy Stock Pro Auto Trading Software
We won’t be recommending Fantasy Stock Pro software in light of the fact that it’s not an approved binary options trading software and the deals page does not persuade this is much else besides a “get rich fast” plans. As it’s highly unlikely for a free software to make you a millionaire in a matter of 5 minutes. So the traders should pay attention towards the privacy policy and agreements of the site as it does not seem legit to us.
Conclusion
After detailed investigation our team concluded that this Binary Robot is not safe. The lack of real and unbiased reviews on the Internet only increases our uncertainty. After opening an account with this auto-trading system, we have not yet achieved the profits advertised on their sales page. Unfortunately we cannot confirm that this robot is decent. .
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''Medallion App Review'' - Make $35000/Week With Medallion App - New Released Binary Option Software - Truth Behind Medallion App Review

Medallion App Review: James Simon Released New Binary Options software Named Medallion App. In My ''Medallion App Review'' , You Will Learn How To Start? What You Need To Start? How Medallion App Works? So Read The Medallion App Review Carefully.
Are you looking for the best trading software to make money without much effort. Medallion App is for you… make $35,000 every week from home with James Simon’s risk free App. Medallion App is well trained and automated trading app and if you like to learn, you can follow the trades that it shows. It is for anyone looking to make high profits quickly and maintain them in the long term. This program will assist you about how trading binary options works just in case you are curious about exactly how you are earning all of this money. It offers various secret methods that eventually assist traders to make thousands of bucks simply for a few dollars. You can make thousands without efforts! It does not matter if you have no experienced at all in the trading market.
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Aspects Of Medallion App:Medallion App Review
Medallion’s system is the software that real investment bankers and hedge fund aiming to acquire. You should take this opportunity while it’s still available, they have the most sophisticated computers nowadays and their team of analyst is an authority in market trends. Rest assured it can and will deliver on its promise. Medallion’s uses existing infrastructure with quantitative algorithms their team developed altogether with extremely fast computers to buy and sell assets focused chiefly on commodities and futures trading in the financial markets. The initial investment amount is just $250. This is not a payment. It’s simply a starting amount which will allow us to link our account to yours and start to make huge daily profits for you.
By joining Medallion’s software you join another 7520 members around the world whom enjoying profits that stands between $34,785 and $96,548 each and every month. These are guaranteed profits of at least $1,100 every day for you.
How Do I Start Medallion App?
Medallion App registration is very simple. You fill out the registration form while it is still available, make your initial investment and your account will be automatically linked to their system. All the work will be 100% done for you in autopilot and you just need to click once to activate it. Afterwards you collect your winnings at your convenient time. Once your enter email you will be redirected to the membership page, where you need to complete the registration form. If there are no more spots available you will be put on a waiting list.
All the work is done 100% for you, you don’t need any knowledge or previous experience. In fact, you won’t need to lift a finger. You’ll be able to sit back, relax and do nothing, safe in the knowledge that a team of professional investors and a market maker are making you profits.
What’s The Amount Of Money You Can Make Per Day?
In this Medallion App you will make more than $1,100 each and every day. It is at least $8000 every week. You can Check out our membership page to see exactly what Medallion App doing for our current members, and what it can do for you.
>Click Here To Get Free Instant Access Medallion App Now<
Medallion App Advantages:
Medallion App Disadvantages:
Bottom Line
I am happy to recommend it. Medallion App is absolutely an amazing software, it provides you information to make informed trading decisions. Renaissance and its associated partners provide a well-trained customer service that at any time will be pleased to assist you on any matter whether you prefer to express your concern via email, phone, or skype. This is the best way to make money as you can potentially be trading with free money to reduce your risk. Here’s your chance to change your lifestyle and save more money for your investment.
>Click Here To Get Free Instant Access Medallion App Now<
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The $100K Club Review-The Truth-Does The $100K Club Work?

Welcome To My The $100K Club Review! In My The $100K Club Review-I will Show How The $100K Club Software Works, How You Will Be Benefited, How It Becomes Free. So Read My The $100K Club Review-Very Carefully.
The $100K Club Review
The $100K Club is a FREE Software application that alerts the user when a profitable binary trade is identified. It sends a clear visible signal to prompt the user to make a trade and therefore profit! It works by Simon Johnson applying a complex algorithm to determine the probability of winning and when the probability of winning is high – alerts are sent out. With this semi-automated way of doing trading, it allows even beginners to enter this lucrative business of binary trading.
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Wait, it’s FREE? What’s the catch?
You heard right, the software is free.. so what’s the catch? Technically, there is no catch.. But when you make a profitable trade, the software creator will get a small percentage in commissions from your winnings, depending on the winning amount. For example if you make a $200 profit, then the software creator will get about $10-$20 (in commissions). Hence why he created the software and made it freely available, when users (like yourself) make money, he also makes money! To be honest, I wouldn’t worry about it because you are still making money after his very small portion is taken out.
I Have Made $1235 In 3 days With Initial $200 Deposit.That Means The Net Profit=$1235-$200=$1035, In Just 3 Days
What is the MINIMUM deposit required before trading LIVE?
Once you sign up with the recommended broker, you will have to deposit at least $250 before you are allowed to trade.
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What’s inside The $100K Club
How does The $100K Club Software work?
The $100K Club System is the English version of Option Rally and is a semi-automated trade program for binary options. It analyses 11 indicators and initiates a trade that only needs to be confirmed by the user. This rules out errors and frustrating days in front of the computer. A few clicks is all it takes.
1)DOWNLOAD-FREE-CLICK HERE
2)INSTALLATION AND ACTIVATION
3)READY TO USE
My Conclusion.. Do I RecommendThe $100K Club ??
In conclusion, yes I definitely recommend you buying The $100K Club and make binary trading using it. Like I said, from my personal tests – I am getting about 70% success rate. I initially deposited $200 with my broker (which is the required amount before you can start trading). Another thing, I suggest you try out smaller amounts before betting big, so that way you get use to how the software actually works. The software is pretty much automated as it can get, so it is perfect for beginner traders.
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