Denis Anker is perhaps best known for his work as a financial guru and the creator of the popular software for trading binary options that is known as Binary Boom.
Before he got started in the world of trading binary options, Anker was a forex trader. He was quite successful in the world of forex, but he wanted to move on to something else that offered greater earning potential for less effort. That is why he explored other money-making options and eventually settled on the idea of binary options.
He quickly discovered a trading strategy that turned out to be so effective that his broker shut down his trading account.
Since then, Denis has managed to achieve almost everything that he has ever wanted to do thanks to binary options trading. He still makes more money every day than the average person can earn in a month, and he has a lovely house by the sea, a yacht, and enough money to do anything that he wants. He even goes so far as to say that he has more money than he knows how to spend.
He decided to release Binary Boom so that he could achieve his new goal of becoming well known in the binary options trading field. He has achieved all his material goals, and now wants to be recognized as an expert for his efforts.
In order to help him achieve his goal of recognition, he has decided that he will give away his software for free.
Denis explains that there are two types of broker in the binary options trading world. The first variety are the ones that will bet against you – if you make a trade and you lose, then the broker makes money on your loss. These brokers want you, as a trader, to fail.
These brokers typically do very well. Around 95% of all traders lose money in the long term, so brokers have a good chance of making steady profits by betting against traders.
Denis did not realise this, and when he signed up to a broker he picked one that bet against traders. His trading methods were so successful that he ended up making a profit, and the broker started to lose a lot of money. So much so, in fact, that the broker was forced to close his account so that they would not continue to lose money on the trades that he was placing.
Denis was quite happy to accept having his account closed down, and withdrew the profits that he had made – profits that were in excess of $370,000 by that point.
The other variety of broker is the one that makes a profit by keeping a cut of the amount that each trader makes. These brokers don’t bet against traders, they match trades between their clients – so when you trade in one direction, they will pair your transaction with another trade fro ma client that has an opposing view, assuming one exists. If you lose money, you lose your entire trade. If you make money, the broker takes a small percentage of your profits.
The Binary Boom software makes 60 second trades. The software doesn’t care which direction the price of the currency is going, it simply tracks the most profitable currency pairs and calculates price trends using Denis’ proprietary methods.
When the software calculates that the trend is increasing, it will place a call option. If the software calculates that the trend is going down, then it will buy a put option instead. The software makes the correct choice, on average, around 82% of the time. This means that you have a very good chance of making a long term profit by trading using this software.
To provide proof that the trading strategy works, Denis posts live trades that are being made by the software on his website. There is a slight delay on the trades to prevent other traders fro simply copying them, but they are posted quickly enough to ensure that they are verifiable. You can use this to see for yourself whether Binary Boom really works.
Denis is writing a book that describes binary options trading techniques.
He hopes that the book will be finished in the next three months, and he will then make it available via major publishing platforms such as Amazon. He hopes this will advance him towards his goal of becoming an expert in the niche.