I’m still figuring out which binary options trading strategies actually make sense and which only look good on historical data. For the past couple of weeks, I’ve been watching one-minute charts and trying to combine the trend direction with support and resistance levels. It seems calmer on the demo account, but as soon as I add a second indicator, there are too many signals—and I end up doubting myself and entering too late.
I also tried an approach involving a single trade after a convincing price breakout, but false moves occur quite often there. I don’t want to put five indicators into one setup and pretend it’s a reliable system. I’m curious how others test such approaches before trading with real money. Do you focus more on the chart and candlesticks, or do you use ready-made strategies after all? Might it make sense to keep records of every signal for a month first and only then draw conclusions?
I also tried an approach involving a single trade after a convincing price breakout, but false moves occur quite often there. I don’t want to put five indicators into one setup and pretend it’s a reliable system. I’m curious how others test such approaches before trading with real money. Do you focus more on the chart and candlesticks, or do you use ready-made strategies after all? Might it make sense to keep records of every signal for a month first and only then draw conclusions?