How to Play Binomo for Beginners 2021

How to Play Binomo for Beginners – You are already familiar with Binomo, because Binomo is one of the online sites that can generate rupiah coffers.

But for those of you who want to register to be part of Binomo and are still beginners, you should register first to create an account.

If you have finished creating an account, then you are given the facility of a demo account as a place of training and Binomo itself will provide an initial capital of $1000 or around Rp. 14,000,000.

If you want to trade Binomo with a real account, for that you have to make a minimum deposit of IDR 140 thousand as the initial capital.

For more details, you must understand the concept of Binomo, of course, you see the discussion that we will convey as follows.

Discussion on How to Play Binomo for Beginners

Before proceeding to how to play Binomo for beginners and so that you are safe in playing you must know the concept of Binomo.

Because Binomo is one of the innovative trading platforms that allows everyone to have the right to earn money online.

Where Binomo itself has 20 graphical tools, because these tools vary to assist him in analyzing charts and trading history (tranding).

In addition, fast access to the online trending system is what makes Binomo a very attractive platform.

What you need to know in trading Binomo, that is, you have to be good at predicting the price going up or down, but you just have to know that.

However, we will explain that, here we will explain how to play Binomo for beginners and see the following reviews.

How to Play Binomo for Beginners

1. How to Play Binomo for Beginners by Choosing Trading Times

How to Play Binomo for Beginners by Choosing Trading Times

How to play Binomo for beginners, you must know the next price movement which will be determined by the timing of one trade (tranding).

Where you can choose a certain amount of time to make a trade once, besides that you will be given several choices of time.

For example, there are 5 seconds, 10 seconds, 30 seconds, 1 minute and so on, in this case your activity of doing one trade is based on that time.

If you don’t understand, for example, if you choose 30 seconds of trading, then when you predict that the Crypto IDX price will go up, you just click the green button.

If within 30 seconds the price is above when you click on the starting point, you will get a profit if on the contrary within 30 seconds the price is below the starting point then you will lose.

2. How to Play Binomo for Beginners with Tips

How to Play Binomo for Beginners with Tips

Here’s how to play Binomo for beginners with tips.

Use a small Initial Capital: Because you have to use a small initial capital, so that you will get used to trading activities. If you use a large capital, later you will not think if the money runs out doing trading. Therefore, we recommend that you make a deposit or top up with a small capital.
Determine Profit Targets: Where Binomo determines profit targets, be it daily, weekly, monthly to yearly. Because it’s important. because Binomo is a high risk-high return trading activity. Because playing Binomo gets big profits and also gets big losses, it’s important that you determine the profit first for each period.
Patient and Unemotional: In playing Binomo you should not be emotional, where you have to maintain emotional stability and be patient to be able to gain profits. If you have decided to trade forex, crypto or other assets, therefore, you must know the good and bad situations, don’t be careless, let alone give up using capital.
Not in a hurry to open a position – As we have explained, do not rush to predict that the price of an asset, namely forex or crypto, will rise. That’s why you have to think more carefully, so that you choose with confidence and the best way to take a position is to understand support and resistance.
Don’t Use Too Much Trading Assets: Where you can choose to trade EUR/USD, AUD/USD and so on, because trading cryptocurrencies you can choose Crypto IDX. Although there are a lot of trading assets available, we recommend that for beginners you can try it first or a maximum of two assets. If you use too many trading assets, you will fail to focus and it is very risky for beginners.

3. How to Play Binomo for Beginners and the Benefits

How to Play Binomo for Beginners and the Benefits

Here’s how to play Binomo for beginners and the advantages:

Use Maximum 1% of Capital to Open Position
Learn Support and Resistance
Understand Overbought and Oversold
Market News Updates
Take Advantage of Other Features Available on Binomo

The final word

That’s the explanation about Binomo, starting from the concept to tips on how to play Binomo yourself.

For that you must know, the basics of trading and require very good preparation without preparation you will not be able to go far.

Because playing Binomo is not careless, what’s more, you spend a large amount of capital and you have to know the movement every time you trade Binomo.

That’s the whole content of our article this time about how to play Binomo for beginners. That’s all and good luck.