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- Binary options trading on Garant Trade: tips, strategies, and common beginner mistakes
Binary options trading on Garant Trade: tips, strategies, and common beginner mistakes
Binary options are an instrument that sparks both interest and many questions among novice traders. On one hand — simple mechanics: choose a direction, set the amount and expiry time — and get a result. On the other hand — fast decision-making, risks, and emotions that often lead to losing your deposit.
In this article, we’ll take a detailed look at how to approach binary options trading on the Garant Trade platform wisely, what mistakes to avoid, and which strategies actually work.
What Are Binary Options and What Makes Them Special?
Unlike classic trading where you buy an asset hoping it will rise, in binary options you trade the price direction over a set period. If your prediction is correct — you get a fixed payout; if not — you lose the invested amount.
Garant Trade offers a highly convenient options trading experience: a clear interface, quick access to assets, easy trade setup (up or down), and the possibility to work on both demo and real accounts.
Pros of Binary Options:
- Easy entry — no need to understand complex instruments
- High speed — trades from 30 seconds up to 5 minutes
- Fixed profit and loss
- Low minimum deposit
Cons:
- Increased risks with impulsive trading
- Lack of flexibility in managing open positions
- Easy to lose your account with the wrong approach
Strategies for Short-Term Trading: What Works?
Since binary options are a high-speed instrument, strategies should be adapted to short time frames. Here are three basic approaches to start with:
Trend Trading
If the asset shows stable growth or decline — don’t try to “catch a reversal.” It’s better to enter in the direction of the established trend.
How to identify a trend? Use the EMA 50 moving average or simply watch the chart: if each new high is higher than the previous — it’s an uptrend.
On Garant Trade, it’s convenient to use 1-minute charts and monitor movement within sessions. The best moments are during high volatility — for example, at the London or New York market openings.
Breakout of Levels
The market often “squeezes” within a range — price touches the same level several times but can’t break through. These are support and resistance levels.
If the price sharply breaks one of these levels — it’s a signal to continue the movement. It’s important the breakout is confirmed by volume or a strong candle. The trade opens to follow the impulse.
Reversal from Extremes
When the price has moved too sharply up or down and reached a historically significant level, the chance of a reversal increases.
Confirmations can be:
- A candlestick pattern (pin bar, engulfing)
- RSI indicator showing overbought or oversold conditions
- Divergence between price and oscillator
This approach is more suitable for experienced traders who can read chart behavior. Beginners should start with trend strategies first.
Risk Management: How Not to “Blow” Your Deposit in One Evening
A common mistake is the lack of stop-loss. In classic trading, you can set a level to close the trade automatically. Binary options don’t have this function, but you always have a mental stop-loss — discipline.
A simple rule:
If you lose 3–5% of your deposit in one day, stop trading. Don’t open “just one more trade” to recover losses. Better take a break and analyze mistakes.
Also, avoid doubling bets after losses — this is the Martingale strategy. It looks logical on paper, but in reality, 4–5 losing trades in a row can wipe out your entire balance.
If you do use Martingale, do so:
- Only on a large accoun
- With a clear loss limit
- Consciously, as a compensation tool, not a gamble to chase losses
- Better to work with fixed stakes or small percentages of your balance (e.g., 1–2% per trade).
Indicators: Which Actually Help?
Garant Trade has dozens of built-in indicators. But to start, limit yourself to three:
- RSI (Relative Strength Index) — helps find reversal points when the market is overheated
- Bollinger Bands — shows volatility and breakout moments
- EMA (Exponential Moving Average) — simplifies understanding trend direction
Don’t overload your chart. Two to three tools is optimal. The rest only create visual noise and distract decision-making.
Emotions and Psychology: Why Traders Lose Even Knowing the Strategy
Even the most precise system can fail if the trader:
- Opens trades in panic
- Tries to aggressively recover losses
- Loses control after a winning streak
- Breaks rules when “it feels like a rise is coming”
Binary options test not only logic but also psychological resilience. There is no possibility to “wait it out,” “set a take profit,” or “move a stop” — everything is decided in the moment.
Therefore, a successful trader is primarily a person with a clear system and a cool head.
Conclusion: How to Start Earning on Binary Options with Garant Trade
Binary options are not a casino or a way to get rich overnight. They are a tool for short-term speculation that, with the right approach, can be part of your income strategy.
What’s important:
- Trade only according to a system
- Start on a demo account and test approaches
- Limit losses; don’t chase them
- Study charts; don’t rely on intuition
- Maintain discipline and manage emotions
Garant Trade provides everything you need to start: a user-friendly interface, educational materials, demo mode, and flexible settings. The rest is up to you.
Recommendation:
Set aside 30 minutes a day for analysis and practice. Keep a trade journal, record mistakes, learn — and success will surely follow.