Jake Lewis Starts With Low Risk Trades
Jake Lewis is another ATB trader who got 71% winning trades in just 10 days. He hails from UK and started trading a few years ago. Lewis started binary options trading a few months ago due to the probability of earning high returns in a short period of time, but he was unable to get a satisfactory result in the beginning. However, with the passage of time, he managed to understand the basics of binaries, which eventually provided reasonable profits over time.
I’m not a trader by profession, but I’ve been trading stocks and currencies for quite some time now. Some of my friends are professional traders, and they helped me a lot in making the right decisions without causing any delays. After a few bumpy roads, I learned to make reasonable profits with binary options trading as well, but it took me some time to fully understand what binary options trading is all about.
There were a total of 80 trades, out of which 57 were successful. He started with an initial investment of $4,000, and in just a short period of time his account balance increased by 33%, and reached $4,747.90. 60 trades were in EUR/USD, AUD/USD, and USD/JPY alone. His trading portfolio consisted of currency pairs, Bitcoin, FAZ-SHORT BANKS, APPLE, SILVER, and GOLD/EUR. The minimum payout on his trades was $77.51 and the maximum was $185.01 on a trade size that was between $50 and $100 respectively. The majority of the trades provided result in a period of 60 seconds, 2 minute, 5 minutes, and 15 minutes from the time they were executed.
Lewis consulted with the ATB experts and planned to go for low risk trading strategy, because he prefers to play safe given the high level of volatility in the binary options market. During these 10 days, Lewis frequently experienced ups and downs, but that didn’t affect his trading decisions as he consistently invested in the market. He carefully selected the strategies after analyzing the market trends and as a result, got quite reasonable profits.
''I wouldn’t say that I’ve learned everything, because binary options market has a pool of tools available for traders, and if you manage to use these tools along with the right mix of strategies, you can certainly go a long way.''