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Bollinger Bands - Path to $1,000,000 Day 4 - $12,000 - Binary Options Strategy - YouTube
Channel: Imba Trader
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Hello friends, weâre in fabulous Las Vegas
today and just in a bit weâre going to start
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trading binary options and record the day
4 of âPath to millionâ series.
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Stay tuned!
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Letâs get back to business and start doing
what we all are here for.
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Iâm going to set up the indicators first.
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Iâm going to turn on the Bollinger bands
and make the indicator.
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Also, Iâm going to switch to the Japanese
candlesticks and set them to 60 seconds.
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Thatâs something that has helped me to get
better rates of wins during my previous trades.
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Iâm going to try to stick to it.
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Once again, this is day four of the path to
million video series, where I started with
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$1000 and managed to grow it up to $8300.
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My goal for today is going to be not like
the previous times.
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Iâm not going to try to double the amount,
but I will try to earn 50% of todayâs deposit.
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We are eight seconds away.
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Probably it should be a good moment for the
rise stake.
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I realized that my first three days were full
of risks.
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There was a bigger chance to lose the deposit.
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In order to make it safer and in order to
make more money in the long term and not to
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blow the account, Iâm going to stick to
a more safe strategy.
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Our first stake wins, we put $1000 and made
$1880 trading bitcoin on expert option platform.
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Letâs proceed.
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10 seconds.
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This is the perfect moment to enter the market.
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You see how the candle touched to the upper
line of the Bollinger band.
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This is the perfect binary options signal
showing that most likely, the next candle
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is going to be lower than the previous ones.
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Whenever the candle touches the upper line,
the graph should start going down.
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Whenever the candle touches the lower line,
the graph should start going up.
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This is exactly what happened here.
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We put 1000 bucks and made another, almost
$1900.
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You see just couple minutes past, and we are
already halfway to todayâs goal.
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The graph touched the upper line again and
Iâd hope that this is a good sign that this
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is the good signal to proceed.
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We got 30 seconds.
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I watched this video recently on Business
Insider.
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It was explaining how much you need to save
in order to become a millionaire by 65 years
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old.
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If youâre 35, you need to save $11 per day
or $4100 yearly.
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If youâre 30, itâs just $6 per day and
$2300 yearly.
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Another win, ladies and gentlemen.
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We are at the $11,000 level.
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Really quick.
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I do really like the Bollinger bands indicator,
helping me to win such a big amount of trades.
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Getting back to the video news.
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If youâre 25, you need to save $3.50 per
day.
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If youâre 20, itâs just $2 per day or
itâs $700 yearly.
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This will, if you do it every day, it will
allow you to become a millionaire by 65.
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There staris one single condition that you
need to take into account.
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You need to invest those money.
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You need to invest them, otherwise, theyâll
just be losing their value because of the
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inflation.
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I do also invest money and binary options
is my favorite form of investments because
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you donât need to wait for the whole year
to make 10% profit.
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You can double your deposit really quick on
a daily basis.
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Of course, it doesnât happen with everyone
right away.
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It takes time.
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It takes effort.
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It looks like we are not in the best position
here because itâs just blowing the roof
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here.
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Weâve got eight seconds left.
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It looks like we are losing this one.
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This is crazy.
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You see how higher it is than the upper line?
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This is why I just made instead of $1000 stake,
I made $2000 at a time, because I do believe
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that after such a crazy growth, after such
a crazy breakthrough through the upper line,
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the graph should start eventually going down.
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Of course, I canât be 100% sure in it.
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Letâs see how it goes, but there is a good
probability that itâs going to happen.
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Apparently, itâs not.
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I just lost $2000 and I get back to the position
which I had at the very beginning.
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Letâs see.
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Weâve still got 15 seconds to make a decision.
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I do think that eventually this should stop.
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That breakthrough should eventually end and
the graph will start going down.
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Otherwise, I just will lose and I wonât
be able to continue this series.
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Of course, I invested much less than that.
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My initial investment was just $1000.
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Itâs always a bad feeling when you lose
the money, but not in this case.
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Finally, we get back to the level we were
before my losses.
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We are at the $10,700 level.
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Letâs see what else we can do here.
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Another $1000 for the fall.
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There is one thing that I mentioned earlier
about the Bollinger bands and I will repeat
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it, it works best on the trend less market.
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This is why those two losses happened with
me because there was a really significant
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upwards growing trend and it wasnât the
perfect moment to enter the market.
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You see how we just lost another trade?
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Itâs hard for me to break through that $10,000
line.
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My goal for today is $12,000 bucks.
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Iâm going to continue until I get there.
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Five seconds.
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This time, Iâm making my stake for the rise.
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Letâs wait another 15 seconds until we get
the results.
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There is a lot of buzz on the internet saying
that binary options is a scam.
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Iâll tell you this.
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You hear it mostly in two cases: from the
people who donât do their homework, who
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trade foolishly and blow their accounts, or
the second case is from the people who trade
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with non-reliable brokers.
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The first case is much worse than the second
one because you can always switch to another
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broker and start making good profits and be
sure that youâre going to get all your payments
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on time, and that you are in good hands.
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The first case when you just do things in
a foolish way, when you donât do it smart.
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This is something that I actually donât
even have the advice for how to be in this
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case.
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Just like that.
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We get back to $8,700 level.
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Itâs just back and forth movement like an
oscillating line: taking us up to $10,000
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level and getting us back to $8,700 level.
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I didnât do it on time, so I just waited
until there were two seconds left and I didnât
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click quick enough.
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Letâs see the history.
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Yeah, there was such a huge upwards trend
going on and thatâs where I didnât do
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it right.
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Thatâs where I had to wait until it ends
and make my stake on the trendless market.
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Anyway, weâre going to fix it now.
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Just give me a couple of minutes.
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I have the feeling that we are going to get
to todayâs goal without any issues.
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This is a big stake.
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This one is bigger than the ones that I have
been making in this series.
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Of course, Bollinger bands didnât give me
any strong signal, mostly because it is the
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indicator thatâs showing the information
with some kind of a bit of tiny lag, mostly
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because it analyzes the data thatâs already
happened and showing it to you.
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Basically, it shows you in real time, but
not to predict anything.
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If Iâm going to win this one, we will reach
todayâs goal and we will be done for today.
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Another 10 seconds and we will see how it
works out.
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Three, two, one â amazing.
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Just amazing.
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This is how I wanted it to happen.
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I wanted it to happen like within the first
several traits without going up and down.
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We just made $4.000 bucks profit.
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This was day four of the path to million series.
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I congratulate us with this win.
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Iâm glad that I will be able to continue
making more videos in this series using the
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different binary options strategies and applying
different indicators.
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Subscribe to the YouTube channel and I will
be trying to show you more and more.
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Take care guys.
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Bye-bye.
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