The Contrarian Let It Ride System For Trading Binary Options Profitably

Transcription

1 The Contrarian Let It Ride System For Trading Binary Options Profitably by: William Hughes of Mass Money Machine This publication is subject to all relevant copyright laws. Reproduction or translation of any part of this e-book by any means, electronic or mechanical, beyond that permitted by the copyright law, is unlawful without written permission of the publisher.

2 Risk Disclosure Past performance is not indicative of future results. Returns may vary according to market conditions. Trading in binary options is speculative and may involve the loss of some or all of your principal investment. While there is great potential for reward in binary options trading, there is also signifcant risk of loss; therefore, funds used for these systems should be risk capital funds that if lost will not signifcantly afect one's personal fnancial wellbeing. This is not a solicitation to invest and you should carefully consider your fnancial situation for suitability or discuss with a fnancial advisor prior to making any investment. Mass Money Machine does not take into account any particular recipient s investment objectives, special investment goals, fnancial situation, and specifc needs and demands. Therefore, all recommendations of Mass Money Machine are, unless otherwise specifcally stated, intended for informational and/or educational purposes only and should not be construed as business, fnancial, investment, hedging, legal, regulatory, tax or accounting advice, a recommendation or trading idea, or any other type of encouragement to act, invest or divest in a particular manner. Mass Money Machine and/or any of its agents, authors, or afliates shall not be responsible for any loss arising from any investment based on a perceived recommendation. The following information will provide you with a simple, uncomplicated way to trade on your own schedule and at a reasonable level of risk.

3 Why Do I need a System to Trade Binary Options? On frst blush, the Binary Options concept of Up or Down, CALL or PUT, High or Low seems remarkably easy. Really it seems this is no more difcult than selecting heads or tails on a coin flip or red or black on a roulette wheel. However, if you have had the experience of attempting to make that single call that is right, it is not quite as easy as it appears especially to do it consistently. In order to make profts regularly over time, a money management system can help you trade with confdence and achieve positive results. In fact, most professional traders in any type of trading whether it be Stocks, Options, Forex, Futures, etc. will tell you that having a sound money management system with strict principles and rules will help you attain successful and consistent performance. The point is that nobody is right all the time even the best of signal services run by seasoned professional traders can only average 65% to 75% winning trades (and, yes, we will ofer you information on that service shortly if you want someone to select your trades for you). So, the question becomes how can you (even if you are a newbie trader) win less than 50% of your trades and still make money. That is what we are going to show you now.

4 The Background for this System More than 50 year ago there was a famous Blackjack player from Las Vegas named Charlie Crane who fgured out a way to use money management to make a living (and a very good one) playing cards. He had already been kicked out of many casinos for card counting which was outlawed by the casinos, so he fgured he would have to fnd another way to win, if he was going to be allowed to play at all. After Charlie thought about it a while He decided that he would implement the concept of using his bank to win a single chip (trade). And then he would do that over and over again until he hit his target for the day. The concept was a simple, but elegant one, to use multiple plays to win since it is very difcult to gain a percentage advantage in a game of chance. And then he decided to add another component to the system which was to quit while he was ahead after each time he hit his target for the day. It worked very well for him and made him a signifcant fortune by itself. This system that you re about to discover is a modifed version of that original Charlie Crane money management system. And it has been specially modifed for Binary Options and for you.

5 What Broker should I use to trade The System? In our Mass Money Machine system, we give you the very best Binary Options broker recommendations, along with our proven 2 out of 3 win system, which you can fnd here: IMPORTANT: You don t have to be a Trader! There is no educational requirement or learning curve involved as anyone can potentially proft. If you have no experience trading binary options, the brokers we recommend in Mass Money Machine have demo videos and/or other tutorials to explain to you exactly how to place binary options trades with their platforms. It s really easy even for new traders, however please be sure you master the concept of how to place a trade prior to placing live trades with real money.

6 How the Let It Ride System Works Here are the simple steps to using the System: 1) Open an account with one of our MMM recommended brokers 2) Learn how to place a binary option trade with the broker. 3) Become familiar with the Traders Sentiment feature of your broker, which basically shows you what most other traders are investing their trades in. Here is an example of where you might see that in a Binary Options trading account:

7 4) Select an asset to trade (you only need one to trade for each sequence of trades), preferably one of the major Forex currency pairs for easy access to 24 hour trading, such as the EURUSD, EURJPY, USDJPY. 5) Implement the money management system (right below step 6) in your trading. 6) Be disciplined enough to set a target win for the day and then quit until the next session of trading. The Money Management System You need an $80 bank in order to do this, although you may need to open your account with more than that depending on the broker. The target is to win $80 per trading session which normally will take you about minutes on average. Use the 60 second trading platform of your broker which will allow you to place trades as low as $10 to begin with, and will payout 70% for every winning trade.

8 Step by Step Money Management Instructions: 1) Look to see what the Traders Choice or Traders Sentiment is indicating for the asset you want to trade. This will normally show that either CALL (UP) or PUT (DOWN) is favored by traders by about 52% or maybe even more. This feature is NOT on the 60 Second Platforms, but rather is on the main most traded platform; however you will use this indicator to determine which direction you should trade. IMPORTANT: This is where the contrarian part of the system comes in. We are only going to trade the OPPOSITE of that indicator. Example: If CALL (UP) is favored, then you are going to be buying PUT (DOWN) options only unless/until that indicator changes. Essentially you are investing against the grain and opposite of the majority of the traders. 2) Based on an $80 bank, place your trades in the following sequence: Trade 1: $10 If you win, you are paid $17. Net +$7. Start over with Trade 1. If you lose, you lose $10. Net -$10. Go to Trade 2. Trade 2: $20

9 If you win, you are paid $34. Net +$4. Start over with Trade 1. If you lose, you lose $10. Net -$20. Go to Trade 3. Trade 3: $50 If you win, you are paid $85. Net +5. Start over with Trade 1. If you lose, you lose $50. Net -$80. Start over with Trade 1 in a new session after taking a break from trading. If you win $80 in a session, then quit for a while and come back later. This is where you meet your target and take a break until your next session. Following this Contrarian Let It Ride system you should have more winning sessions than losing sessions And you can make money using this system in the basic format above. However, if you d like to increase your chances of profit even more with a true step by step trading system Our Mass Money Machine system has a proven 2 out of 3 win rate over 1300 trades last year alone. By applying our MMM system and winning 2 out of 3 trades you could indeed add a VERY signifcant new income into your bottom line. Check out these recent MMM system results, with a better than 70% win rate:

10 If you re ready to trade (and proft) like a PRO, then the Mass Money Machine system is EXACTLY what you need. Get started right now and you could be making your frst proftable trade within the hour! We ll see you on the inside!

11 **Risk Warning** Trading binary options is risky and may result in losses as well as profts. In particular trading in leveraged products, such as but not limited to, foreign exchange, derivatives and commodities can be very speculative and losses and profts may fluctuate both violently and rapidly. Speculative trading is not suitable for all investors. You should not trade with capital you cannot aford to lose. This publication is subject to all relevant copyright laws. Reproduction or translation of any part of this e-book by any means, electronic or mechanical, beyond that permitted by the copyright law, is unlawful without written permission of the publisher.