Binagital

Strategy
The complete guide to
become an expert in
trading options
Copyright © binagital community 2004

All rights reserved. No part of this publication may be reproduced, stored

in a retrieval system, or transmitted, in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise, without prior written
permission of the publisher.

This publication is designed to provide accurate and authoritative

information in regard to the subject matter covered. It is sold with the
understanding that the publisher is not engaged in rendering legal, accounting, or
other professional service. If legal advice or other expert assistance is required,
the services of a competent professional person should be sought.

We advise all readers that it should not be assumed that present or future
recommendations will be profitable or equal the performance of previous
recommendations. The reader should recognize that risk is involved in any option
or security investment, and they should not assume that any formula, method,
chart, theory or philosophy will result in profitable results or equal past
performances. This publication should only be used by sophisticated investors
who are fully aware of the risks in options trading. A reading of the options
booklet prepared by the Options Clearing Corporation is recommended before
trading options. No solicitation to buy or sell securities or options is implied. The
information contained herein has been obtained from sources believed to be
reliable, but there is no guarantee it is accurate or complete and should not be
relied upon.

Published by: Worood Academy Inc.

www.worood.ga
 INTRODUCTION
Option trading is one of the greatest domains on earth! You can be a one-
dollar investor, betting on the action of stocks, the markets, futures and/or
commodities, or you can be the casino or a legalized bookie, taking the bets
instead of making the bets. You pick the role and have the fun and profit. With
options, gains of over 1000% are not unusual, and you can design strategies that
will win up to 90% of the time.
Better yet, options are an excellent investment tool that gives you much
more flexibility, reduces your risks and increases your win rate in the investment
markets. Once properly learning to use options, you will use this tool in your
investment portfolio for the rest of your life.
However, many novice option traders, as they begin trading, encounter
many disappointments and issues in the options markets and leave with a bitter
taste, for they have unrealistic expectations and are not equipped to compete in
this game. This book will help the novice option traders as well as the experienced
option traders become better equipped to stay in the game and compete
successfully.
I have been trading options since the option exchanges first opened in 1985
and have seen everything. As an option newsletter writer starting in 1985, I have
monitored and talked to hundreds of traders. Now you have the benefit of all this
experience and information. This eBook provides important nuggets of knowledge
about option trading that I have collected over the past thirty years: strategies,
tactics and methods that have worked and not worked for me and my
subscribers.
Prepare to have revealed to you a lifetime of option trading secrets. Just a
few of these nuggets could make the difference between winning and losing the
option game.
 1 THE ADVANTAGES OF OPTION

TRADING
They have been around for more than 30 years, but options are just now
starting to get the attention they deserve. Many traders have avoided options,
believing them to be sophisticated and, therefore, too difficult to understand.
Many more have had bad initial experiences with options because neither they
nor their brokers were properly trained in how to use them. The improper use of
options, like that of any powerful technique, can lead to major problems
words like "risky" or "dangerous" have been incorrectly attached to options
by the financial media and certain popular figures in the market. However, it is
important for the individual investor to get both sides of the story before making
a decision about the value of options.
There are four key advantages (in no particular order) options may give an
investor:
• They may provide increased cost-efficiency
• They may be less risky than equities
• They have the potential to deliver higher percentage returns
 They offer a number of strategic alternatives
With advantages like these, you can see how those who have been using
options for a while would be at a loss to explain options' lack of popularity. Let's
look into these advantages one by one.
1. Cost-Efficiency
Options have great leveraging power. As such, an investor can obtain an
option position similar to a stock position, but at huge cost savings. For example,
to purchase 200 shares of an $80 stock, an investor must pay out $16,000.
However, if the investor were to purchase two $20 calls (with each contract
representing 100 shares), the total outlay would be only $4,000 (2 contracts x 100
shares/contract x $20 market price). The investor would then have an additional
$12,000 to use at his or her discretion.
2. Less Risk (If Used Properly)
There are situations in which buying options are riskier than owning
equities, but there are also times when options can be used to reduce risk. It
really depends on how you use them. Options can be less risky for investors
because they require less financial commitment than equities, and they can also
be less risky due to their relative imperviousness to the potentially catastrophic
effects of gap openings.
Options are the most dependable form of hedge, and this also makes them
safer than stocks. When an investor purchases stocks, a stop-loss order is
frequently placed to protect the position. The stop order is designed to
stop losses below a predetermined price identified by the investor. The problem
with these orders lies in the nature of the order itself. A stop order is executed
when the stock trades at or below the limit as indicated in the order.
3. Higher Potential Returns
You don't need a calculator to figure out if you spend less money and make
almost the same profit, you'll have a higher percentage return. When they pay
off, that's what options typically offer to investors.
4. More Strategic Alternatives
The final major advantage of options is they offer more investment
alternatives. Options are a very flexible tool. There are many ways to use options
to recreate other positions. We call these positions synthetics.
 2 EDUCATION

To be a successful option trader, you must get the proper education.

Without the education, you can, indeed, walk through a minefield. Reading this
book is a good start.
Trading options is more complex than simply buying and selling a stock in
regular times, and in unusual circumstances like the current market, options may
present even greater complexity if you don't fully understand how they work.
However, with education and experience, it's possible to learn how these
investments work, and in what ways they may help you invest the portion of your
portfolio that you manage personally.
Every investment plan should include an assessment of your individual
goals, risk constraints, time horizon, tax constraints, and liquidity needs. Options
have unique characteristics and risks, and should be carefully considered within
the context of your overall investing plan. Investors can trade options if they sign
an options agreement and are accepted to trade options by a brokerage firm.
Before trading options, it's particularly important to know how much risk
you are willing to take. For many investors, and especially those just starting out
with options, it's vital to know what kind of investor you are. For instance, what
type of risk are you comfortable with? And how thoroughly do you understand
the way options work? The answers to these questions can help you decide if
options are right for you, as well as the types of options strategies that might best
align with your objectives and risk constraints .
 3 Prepare
You can help put yourself in position for success by getting familiar with
how both implied volatility as well as historical volatility factor into the price of an
option. Always remember to put an option's current level of volatility in
perspective. For example, be careful when buying an option with current implied
volatility at the high end of its past range, as well as when selling an option with
current implied volatility at the low end of its past range. This will help you
correctly interpret the impact volatility can have on options.
1. Look for dividends
One pitfall that some new options traders can fall prey to is focusing solely
on their expectation for the direction that an underlying stock of an option will
move. While that is of critical importance, the potential impact of dividends upon
the price of options is another one of those nuances that it's important to be
familiar with—especially when selling options.
Before initiating an options trade, know if the stock pays a dividend as well
as when it is payable if it does. If it pays a dividend, you have to examine if the
option is in the money (which is to say that it could be worth exercising) or close
to it as expiration approaches. If the dividend is greater than the time value of the
option, then the stock could be assigned (meaning the owner of the option could
exercise the option in order to earn the dividend payment, and you would be
forced to sell the stock).
2. Manage risk
When it comes to options, it can be particularly important to manage your
positions actively and change course as needed. And in times like these—when
markets can turn on a dime upon an impactful news release—you may want to
keep an especially close eye on any open position.
"An options trade is an actively managed strategy, which is to say that you
don't want to set it and forget it," says Greg Stevens, vice president at Fidelity.
"When an options trade is open, there are several choices you may make
throughout the life of the contract—including closing out the trade, letting the
option expire, and if you still want to be in the position, rolling it out." Of course,
if you sell an option, assignment is out of your control.
 4 Trainning

If you are a beginner to option trading, getting started can be a difficult

task. One way to gain the confidence to trade options is to play it on demo first.
Let’s call it exhibition season or preseason games where you get to make errors
without losing any money. Make some theoretical purchases of options and play
as if you have real money in the game.
Playing it on demo becomes more important when you are considering high
risk trades, such as naked writing. Then you want to be fully comfortable with the
strategy and be sure of the pitfalls before you put some real money on the line.
Once investors put real money in the game, their behavior changes. RISK
and GREED come into play, and the greatest enemy of all, the ego, gets in the
way.
When you demo trade, you will act rationally, but once investors really
trade, they tend to become irrational. One of the greatest battles of option
traders is to maintain their rationality.
When you demo trade, nothing is at risk, so it is like walking a straight line
across your living room. However, when you have money at stake, it is like
walking on a ledge of a twenty-story building. Suddenly it is a lot more difficult
walking a straight line because fear comes into play.
Therefore, don’t demo trade for too long, for real learning only occurs
when real money is on the line; you will pay a tuition in the real world even if you
demo trade for a long time.
 5 DO YOUR HOMEWORK
“The will to win is important, but the will to prepare is vital.”

Hence, make sure to do your homework before you invest. With options,
that means doing option analysis before entering an option strategy and then
properly monitoring that position.
I once asked a successful trial lawyer, “What is your secret to success?” He
said that when he entered the courtroom, he had always done his homework, but
most opposing attorneys had not done their homework and weren’t prepared.
Before you enter the options markets, do your homework, and you will
separate yourself from the crowd.
 6 BEWARE OF LADY LUCK
Most traders invest by the seat of their pants, and when they are
successful, they believe they can predict the markets. In many cases, it is a matter
of pure luck.
When you buy options, your odds of winning on any play are lower than
most people think. My Complete Option Report track record in the 80’s showed
two years with an overall percentage return of over 1500%, but only 20% of the
positions recommended were profitable. Your probability of winning when you
buy options will always be less than 50% in a random market. Furthermore, with
out-of-the-money options, that percentage can drop dramatically.
Here it is important to understand your odds of winning. Millions of people
buy lottery tickets, yet your chances of winning the big prizes are so remote that
you have the same chance of winning whether you play or don’t play. State
lotteries are actually a voluntary tax system. Knowingly or not, people who play
are making a voluntary tax payment to their state.
Throughout the book, we will emphasize how to measure your odds of
winning when you trade options. However, even if you know your odds of
profiting, Lady Luck will try to trick you, for in the world of probabilities, there are
winning streaks and losing streaks.
 7 THE BINAGITAL STRATEGY
With this Book in your hands, you pretty much already have money in your
bank. Because in the next few pages, I will show you exactly how to control your
binary options trading.

The Binagital strategy will teach you all you need to know before you start
swimming in the option’s ocean. We’re going to give you a comprehensive guide
to binary which will let you win all the deals you are going to open.
All you need to do is to follow all the steps and conditions we are going to
teach you in the next pages. The Binagital strategy was a result of years of search
and experience, so lately we decided to share it with the few lucky people as
yourself.
The main advantage of the Binagital strategy is to let you avoid the losing
decision and understanding trend’s movements and win every deal you open.

What you will need:

• A demo account in your binary options platform of choice
• Any balance starting from 1$
• Internet connection
• Patient
• And full respect of the rules in this strategy
 The idea of this strategy is to avoid all the losing at first place, since losing is
much important then winning.

The strategy is based on a mix between two main methods each one
of them have minimum of risk, so this mix will have much less risk:
• The Bollinger bands
• Parabolic SAR
 8 The Bollinger bands:
Bollinger Bands were developed and copyrighted by famous technical
trader John Bollinger, designed to discover opportunities that give investors a
higher probability of properly identifying when an asset is oversold or
overbought.
The Bollinger band width (BBW) is a technical analysis indicator derived
from standard Bollinger bands. Bollinger bands are a volatility indicator which
forms a band of three lines which are platted in relation to a security’s price. The
middle line is typically a 20-day simple moving average. The upper and lower
bands are usually 2 standard deviations above and below the SMA (Middle line).
Bollinger bands width serves to measure the width between the upper and lower
bands and can be applied to determine trading signals.
 What Do Bollinger Bands® Tell You?
Bollinger Bands are a highly popular technique. Many traders believe the
closer the prices move to the upper band, the more overbought the market, and
the closer the prices move to the lower band, the more oversold the market. John
Bollinger has a set of 22 rules to follow when using the bands as a trading system.
In the chart depicted below, Bollinger Bands bracket the 20-day SMA of the
stock with an upper and lower band along with the daily movements of the
stock's price. Because standard deviation is a measure of volatility, when the
markets become more volatile the bands widen; during less volatile periods, the
bands contract.

The Squeeze
The squeeze is the central concept of Bollinger Bands. When the bands
come close together, constricting the moving average, it is called a squeeze. A
squeeze signals a period of low volatility and is considered by traders to be a
potential sign of future increased volatility and possible trading opportunities.
Conversely, the wider apart the bands move, the more likely the chance of a
decrease in volatility and the greater the possibility of exiting a trade. However,
these conditions are not trading signals. The bands give no indication when the
change may take place or which direction price could move.
Breakouts
Approximately 90% of price action occurs between the two bands. Any
breakout above or below the bands is a major event. The breakout is not a trading
signal. The mistake most people make is believing that that price hitting or
exceeding one of the bands is a signal to buy or sell. Breakouts provide no clue as
to the direction and extent of future price movement.
In the Binagital strategy the parameters of the Bollinger bands are:
• Period = 14
• Deviation = 2
 9 The parabolic SAR:
The parabolic SAR attempts to give traders an edge by highlighting the
direction an asset is moving, as well as providing entry and exit points. In this
article, we'll look at the basics of this indicator and show you how you can
incorporate it into your trading strategy. We'll also look at some of the drawbacks
of the indicator.
The Indicator
The parabolic SAR is a technical indicator used to determine the price
direction of an asset, as well as draw attention to when the price direction is
changing. Sometimes known as the "stop and reversal system," the parabolic SAR
was developed by J. Welles Wilder Jr., creator of the relative strength index (RSI).
On a chart, the indicator appears as a series of dots placed either above or
below the price bars. A dot below the price is deemed to be a bullish signal.
Conversely, a dot above the price is used to illustrate that the bears are in control
and that the momentum is likely to remain downward. When the dots flip, it
indicates that a potential change in price direction is under way. For example, if
the dots are above the price, when they flip below the price, it could signal a
further rise in price.
As the price of a stock rises, the dots will rise as well, first slowly and then
picking up speed and accelerating with the trend. The SAR starts to move a little
faster as the trend develops, and the dots soon catch up to the price.
The following chart shows that the indicator works well for capturing
profits during a trend, but it can lead to many false signals when the price moves
sideways or is trading in a choppy market. The indicator would have kept the
trader in the trade while the price rose. When the price is moving sideways, the
trader should expect more losses and/or small profits.

▪ A dot appearing under the chart indicates that you might expect an upward trend.
 ▪ If a dot appears above the chart, a downward trend is likely to form.
▪
The parabolic SAR parameters in the Binagital strategy are:
▪ Acceleration step = 0.02
▪ Acceleration max = 0.2
10 CANDLESTICK CHART
A candlestick chart is simply a chart composed of individual candles, which
traders use to understand price action. Candlestick price action involves
pinpointing where the price opened for a period, where the price closed for a
period, as well as the price highs and lows for a specific period.
Price action can give traders of all financial market’s clues to trend and
reversals. For example, groups of candlesticks can form patterns which occur
throughout the charts that could indicate reversals or continuation of trends.
Candlesticks can also form individual formations which could indicate buy or sell
entries in the market.
The period that each candle depicts depends on the time-frame chosen by
the trader. A popular time-frame is the one-minute time-frame, so the candle will
depict the open, close, and high and low for that minute. The different
components of a candle can help you forecast where the price might go, for
instance if a candle closes far below its open it may indicate further price declines.
The image below represents the design of a typical candlestick. There are
three specific points (open, close, wicks) used in the creation of a price candle.
The first points to consider are the candles’ open and close prices. These points
identify where the price of an asset begins and concludes for a selected period
and will construct the body of a candle. Each candle depicts the price movement
for a certain period that you choose when you look at the chart. If you are looking
at a daily chart each individual candle will display the open, close, upper and
lower wick of that day.
The chart type used in the Binagital Strategy:
▪ Japanese candlestick
▪ 1 minute period
 11 BINAGITAL STRATEGY

RULES
The rules in the Binagital Strategy consist of a simple conditions that you
need to follow, respect and wait for.
Follow the parabolic SAR
When the parabolic SAR change position from above to the chart to below
it, the probability of a new green candle is high.
As shown below, the chart changes position when the red candle end and
the new candle started, a high probability that the next candle will be green.
 When the parabolic SAR change position from below the chart to above it,
the probability of a new red candle is high.
In the image below, the candle below the second dot that must be red.

But this is not applicable in all the cases it depends on your balance (will
explain how to manage the risk in the next pages).

When to open a deal

• You only open a deal when the candle is new, and when the purchase
time is between 30 and 00.
12 Martingale method

A martingale is any of a class of betting strategies that originated from and

were popular in 18th-century France. The simplest of these strategies was
designed for a game in which the gambler wins the stake if a coin comes up heads
and loses it if the coin comes up tails. The strategy had the gambler double the
bet after every loss, so that the first win would recover all previous losses plus win
a profit equal to the original stake. The martingale strategy has been applied
to roulette as well, as the probability of hitting either red or black is close to 50%.

Understanding the Martingale System

The Martingale system is a risk-seeking method of investing. The main idea
behind the Martingale system is that statistically, you cannot lose all of the time,
and therefore you should increase the amount allocated in investments — even if
they are declining in value — in anticipation of a future increase. A martingale
strategy relies on the theory of mean reversion. Without a plentiful supply of
money to obtain positive results, you need to endure missed trades that can
bankrupt an entire account. It's also important to note that the amount risked on
the trade is far higher than the potential gain. Despite these drawbacks, there are
ways to improve the martingale strategy that can boost your chances of
succeeding.
To understand the basics behind the Martingale strategy, let's look at a
basic example. Suppose you have a coin and engage in a betting game of either
heads or tails with a starting wager of $1. There is an equal probability that the
coin will land on heads or tails, and each flip is independent (the prior flip does
not impact the outcome of the next flip).
As long as you stick with the same call of either heads or tails, you would
eventually, given an infinite amount of money, see the coin land on heads (or
tails), if that's your call, and thus recoup all of your losses, plus $1.

Using the Martingale System with the Binagital Strategy:

• We don’t double our bet but we multiply it with 2.5
13 application
In the binagital strategy we use a combination of different strategy so we
can minimize all the risk, but even that, there still be some of the losing scenarios,
so we can manage that but following a recovery plan
Let say that we followed all the conditions but we lost the trade don’t panic
just use the martingale system and double your bet (in our case we multiply our
previous bet with 2.5)
Example 01:
let say we take a 1$ high trade in the following
image, the parabolic RSA changed the position from
above to below the chart, that means that the 2nd
candle must be green, but in this case it’s red and we
lost our trade, what we are going to do is to open
another trade with the same prediction saying that
the next one will be green so we enter 2.5$ in this
case we win, if the profit percentage is 80% then we
will win 2$ extra, with this profit we recover our first
loss 1$ and we have a net profit of 1$
 example 02:
in this example the first condition is valid, the RSA
changed position from below to above the chart, meaning
that the 2nd candle will be red so we enter 1$ but
unfortunately it’s not the case and we lost, when the candle
ends we enter 2.5$ saying that the 3rd candle will be red, we
lost again, until now we lost 3.5$, 2.5$ plus the previous 1$,
so we enter the 4th attempt with 6.25$ so we win in the
fourth candle, if the profit advantage is 84% meaning we
won 5.25$, recovering the second loss 2.25$ plus the first
1$ plus the profit which is 2.75$.

example 03:
in this example we will try a deal when the chart
keeps going against us for 4 times, so in the first dot it’s
the flip dot, that’s when the RSA change position, keep in
mind that the first dot always change position in the same
time with the 2nd one, here the RSA changed position
from above the chart to below it, the 2nd candle was
supposed to be a green one we entered 1$ and we lost it,
after that we entered 2.5$ in the 3rd candle, loss it too, we enter 6.25$ in the 4th
one another loss, we keep on trying and we enter another attempt with the 5th
candle with the 15.63$ and here we win, if the profit percentage is
+84% meaning we won 13.13$ so we recovered all the 3 previous
losses plus a profit of 3.38$
 14 The risk
The risk in the binagital strategy is controllable, with the markets analyzes
you can understand how bad the chart can go, in this strategy the number of a
wrong prediction can reach 12 candles, meaning that you will have to double your
bet 12 times, so prepare your balance to have the necessary amount to risk with.
Attempts Opening the deal Total of losses ($) Minimum balance
($) ($)
1st 1 1 89,405.58
2nd 2.5 3.5 39,735.81
3rd 6.25 9.75 15,893.95
4th 15.63 25.38 6,357.2
5th 39.07 64.45 2,542.5
6th 97.66 162.11 1,014.62
7th 244.15 406.26 406.26
8th 610.36 1,016.62 162.11
9th 1,525.88 2,542.5 64.45
10th 3,814.7 6,357.2 25.38
11th 9,536.75 15,893.95 9.75
12th 23,841.86 39,735.81 3.5
 15 balance
start with small

Most of the beginners can’t afford 89,405.58$ to start trading with, we

made a strategy so we can use the binagital strategy with a small balance, with
this method you can even start with 1$, but be aware that with smaller balance
the progress can be slower.
After a lot of test and analyzes we figured out a method with which we can
start small and avoid all the risks of losing all your balance.
The binagital strategy is based on a signal, the first condition of this signal
is a change in the position of the RSA dots, this can happen 100 times a day if you
are opening 9 different charts (example: EUR/USD + EUR/JPY + AUD/CAD …), and
you keep on watching the markets, this method can make you 100$ with each
chart opened, a total of 900$ a day.
Be careful and follow each opened position, don’t start another deal before
finishing the previous one.
 Let take examples with some balance amounts

Let say that we have 1$ in our account and we want to start using binagital
strategy, you will watch the chart and when the RSA dots change position you can
follow the conditions and enter your deal with 1$ but in this case you will not
have the chance to recover your losses,
What we are going to do with our 1$ balance?
First, we need to know how much bet doubles we can make before we lose
all our balance, for a balance with 16$ we can make 3 doubles maximum, that
means that we can afford only 3 losses.
Remember, the chart can reach 12 losses maximum (or you can study the
last month and see what was the maximum losses during one month or more),
and by losses we mean that the maximum of wrong candle or candles that will be
against our prediction can reach 12 candles.
 Balance with 1$:
to be able to use the Binagital Strategy with balance of 1$, you need to be
patient and be prepared but the chances to have a signal for the 1$ amount is
rare.
In the image below you see in the left side the RSA dots changed position,
from above the chart to below it, in this case we are waiting for the green candle
to appear, but as you can see 12 red candles appeared, this the only time where
someone with 1$ balance can enter, since we know that the chart can make
maximum of 12 wrong candle, in our example we are 100% sure that the 13 th
candle is green, and it was the case.
The chart can make 12 wrong candles rarely, almost 1 case every 2 days,
this means 15 time a mount, with that you can make 15$ every 30 days with only
1$ at the start.
 Balance with 3.5$:
Let’s say that all you have is 3.5$, so you are going to wait for any chart that
is going to make 11 wrong candles, like in our case in the image below.
what will happen, is you will enter 1$ in the 12th candle, and expect to win,
if that’s not the case you will enter 2.5$ in the 13th and be 100% sure that you will
win in this attempt.
 Balance with 9.75$:
As you can see in the next image, the chart made 10 wrong candles, so if
someone with 9.75$ balance, this is his chance to open a deal with 1$ in the 11th
candle, even if he lose and fall in the rare situation which is 12 wrong candlen he
will be able to recover in the 13th candle, then he made 2 losses and in the 3th
attempt he made a recovery of all the previous losses.
 Balance with 25.38$:
When you have 25.38$ in your balance and you don’t want to lose them,
keep in mind that you can afford only 3 losses, here you can wait for the chart to
make 9 wrong candles and in the 10th candle you enter 1$, if you lose you enter
2.5$, let say that this is not your lucky day and you lose again you enter 6.25$ and
you lose again, until now you lost 9.75$ and the chart made 12 wrong candles on
total and we are sure that the maximum of losses is 12 candles, so we are 100%
that the next candle is right and we will recover all our previous losses.
 Balance with 64.45$
When you have 64.45$ or more, you will wait for the chart to make 8
wrong candles, since you are able to afford 4 losses before you lose all your
money you need to be 100% sure that you will make a win in the 5th attempt, in
this case you enter 1$ in the 9th candle.
 Balance with 162.11$
If you have 162.11$ that you want to trade options with, you know that you
are ready to afford 5 losses, and you have to make a win in the 6 th attempt.
so far you know that you can make 6 attempts.
in the next image, you can see that the chart made 7 wrong candles, so in
th
the 8 candle you’ll enter 1$, if the rare situation happens which means 12 wrong
candles, you will be able to afford 5 losses before you lose all your money.
 Balance with 406.26$
As you can see in the deal below the chart made 6 wrong attempts, if you have
406.26$ in your balance, you are ready to enter 1$ in the 7th candle because with
your balance you are ready to afford 6 losses.
 Balance with 1,016.62$
In the next image you can see that the chart made 5 losses, that means
when the RSA dots changed position from below to above the chart, a red candle
was supposed to appear but that candle made a delay of 5 minutes.
if someone with 1,016.62$ balance he will wait 5 wrong candles before he
can start the deal, in the 6th candle you can enter 1$ if you lose, enter 2.5$ and so
on… since 1,016.62$ can allow you to make 7 wrong predictions, in worst case
scenario you will recover all your losses in the 13th attempt.
 Balance with 2,542.5$:
Let’s say that you have 2,542.5$ in your account, you are prepared to make
9 doubles, then you wait for your chart to make 4 wrong candles and in the 5th
candle you enter your 1$ bet if you lose you can recover your loss by doubling
your bet 9 times,
Remember that the higher the balance the bigger the wins.
For this example if you count how many wins you can make if you enter on
th
the 5 candle, you will understand that you can make up to 40$ in every chart in
one day, if you are dealing in 9 different charts in the same screen, that means
you will make 360$ a day 10000$ in one month, that’s more than 400%.
 Balance with 6,357.2$:
In the next image you can see that the chart made 3 wrong candles, the
dots are under the chart but the first 3 candles are red, if someone have 6,357.2$
he can enter 1$ after 3 wrong candle only, enter 1$ in the 4rd candle, this way if
the chart reached the maximum of wrong candles (which is 12 and) this is a rare
case (but still I probability), we can afford 9 losses with our balance.
 Balance with 15,893.95$:
In the next image you see that the chart made two wrong candle, after the
RSA dots changed position it was suppose to appear a green candle but as you can
see two red candles appeared, in this case you can inter 1$ in the 3 rd candle if you
have 15,893.95$, this way if the chart made 12 wrong candles you can make a
recovery in the 13th candle which is a 100% right candle.
 Balance with 39,735.81$:
In the next image we will see when we can invest 39,735.81$, in this case
we wait for the chart to make one wrong candle and for the next candle we open
our 1$ deal, the chart can make up to 12 wrong candle and we are ready to make
11 losses.
It’s all about how much we can afford, and remember never lose what you
can’t afford.
16 when to enter
One of the necessary rules in the binagital strategy is the respect of time,
and the perfect moment to enter your trade is the moment of transaction
between the new candle and the previous one.
We carefully watch the chart and follow the market, and we wait for the
best moment to open a deal.
respecting the timing give you more chances to make a win.

Let’s take the possible entries:

 lower
Say that the RSA changed position from
below the chart to above it, here we can expect
that the next candle will be red.
be careful to enter you deal when the
current candle is not red you can enter when the
value is equal to the opening price or to increase
you chances you can enter when it’s a temporary
green candle, or the value is higher than the
opening price.
 Higher:
Let’s take the other example and let’s say
that RSA dots change position from above the
chart to below it, and we are expecting a green
candle, the best moment to enter the deal is when
the value is lower or equal to the opening price.
For more chances you can open a deal when
the current candle is temporarily red,
 17 Minimize the risk

Options spread trading requires selling calls and puts frequently. The key to
controlling the risk with selling calls and puts is proper trade setup, understanding
the technical of the underlying security and understanding the risks of the trade
from all angles. The strategy is to minimize the risk of each trade by protecting
ourselves with the binagital strategy discussed in this book.
In the binagital strategy we can minimize our risk by a simple choice, and
that is when we choose to change the maximum of the wrong candles that the
chart can bring.
It is rarely to see that the chart reached 12 wrong candles but if we are less
secure and we want to have more control over our risks, we can decide to
prepare our self to 13 wrong candles, in this case we are almost 100 percent sure
that we are a winners, even more you can play by preparing yourself to 14 wrong
candle, this way we are able to avoid the very rare moment when the chart can
go beyond 12 wrong candles.
This method is effective but the bad side of it, is that we will have a slow
progress.
But remember a slower progress can avoid our future regret.
 18 chance
Increase our

We can increase our chances by entering higher or lower than the value we
need to enter in.
If you decide that the next candle is green you need to wait for the current
candle to be red and that is the best moment to open your position.
Or if you decide that the winning candle is a red one, the best value to
enter is when the current candle is green, or more you can wait for it be a long
green, this why you can be a winner even if the candle ends as a wrong candle,
but it’s a small wrong candle
 19
indicators
Additional

By using the Bollinger Indicator, you can have more chances to make the
right decision.
Try to follow the rules giving by the Bollinger method, and try to mix them
with the previous rules, this way you’ll have more chances and make more wining
decisions.
Practice a lot so you’ll be able to understand all the rules giving in the
binagital strategy.
 20 conclusion
Now you have in your hand a strategy that will change your life, if you
respect all the instructions, and conditions in this strategy you can make millions.
Find a good broker and practice a lot, keep practicing until you are 100%
sure that you can turn your 1$ into millions.
Give yourself time, you can even try to develop this strategy and make
personal conditions, modify it for a better one.
Don’t rush, believe me money will come.
And last keep practicing and practicing and good luck for you trading
career.