This is a very interesting and a useful addition because as most traders agree Forex iswhere the real money is. With a big trend and a considerable price movements you can make a lot more than 75 of your trade amount, at times you can make as much as 300 and more In addition to huge earning potential in Forex you have the ability to place stop losses on your trades. In binary options if you lose you trade,you lose 100 of your trade amount, in most cases, unless your broker offers 5 return on losses (you still lose 95). In Forex, where you can place stop losses, you can set them to 20 of your traded amount and when the price action moves against your trade you will only lose 20 of your traded amount. You dont have to be a genius in Maths to understand how setting stop-losses can improve your overall chances of earning money with trading.To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. Martingale strategy is basically taking another trade soon after the first one with double the trading amount. The idea is that your winnings will outset the losses of your first trade. Needless to say a Martingale strategy can be very risky if used recklessly and we dont recommend it for novice traders.There is a slight learning curve in the beginning but after three trading sessions or so even a complete beginner should be able to follow Francos signals and be successful in trading binary options or Forex. On request Francocan also help you set up the professional charting software on your computer and with the same technical indicators that he uses on his screen except his top secret buy/sell entry indicators which supposedly took Franco and his teamyears to test and develop. Running the same software on your computer (additional monitor should be used) can really help with your entry timing, especially if youre experiencing any lags in your Internet connection.Many traders who have signed up for his system go only by what they see on his monitor claiming that it is enough for them to trade on and that they dont actually require to install any additional software on their computer. To be fair, the trading room and Francos screencast is shared in HD resolution via MeetingBurner, a dedicated professional online software for screencasts and meetings.All new traders are asked to study the materials provided and be patient for the first three days. Then, after this period if they still dont understand how the system works they shouldask questions which will be answered by him or other traders in the room who have been trading longer and understand how the system work. Franco is quite confident, and many traders in the room agree, that it takes on average 3 days to come to grips with Francos charts and his signals and the trading system. But after an intense week of training you will be on a verge of becoming a pro trader.Every member receives a free study guide that pretty much explains theentire trading system.Its written in a simple to follow language that any novice can understand. The guide containsclearexplanations withsupporting images and videos and shows a number of trade strategies that can be used with Binary Options Trading Signals (BOTS). It will teach you everything that you need to know about Francos own tradingsystem and the trading systems/strategies of some of the more experienced users in the room. Although its written around the actual signals,its generally quite an interesting read and contains a few interestingstrategies that are easy to learn and follow on the screen. If anything remains unclear you can always ask Franco directly or consult other registered members.The best part of Francos binary options trading signals is that everything is done live and you can communicate with Franco and other traders who are trading with you at the same time. They are scattered all over the world, most of them trading from home in the USA, Canada, UK, Australia, France, Italy, Japan, and other countries. You can communicate with any member directly via anopen chat window. Some of these traders have been using Francos system for quite some time and are making a very comfortable living trading with him for only 2 hours a day for 5 days a week.As mentioned earlier Franco does not place trades in front of his audience any more. His time is now devoted to answering questions and looking for trade opportunities. You willbe able to use any binary broker with this system and replicate his success rate of 85. Having said that, Franco first started with 24optionand was trading with them successfully for quite a while. In fact, in the welcome video on his homepage we can see the 24option platform. Then, he switched toOptionFair. Both of these brokers offer a very similar trading platform, powered by the same engine(programming) which isexcellent in terms of usability and its precision. Both brokers have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits. Unfortunately neither broker accepts clients from the USA. This may be acceptableto Franco because he is trading from Canada but if you are trading as a US citizen we would recommend using CToptions with Francos signals. They offer a free demo account and a number of outstanding risk management tools not currently offered by 24option andOptionFair.Although there are many advantages to using Francos live signals (see a list of advantages below), there may be some potential disadvantages for some users. The biggest one is the learning curve and the fact that you need to be present and trade only at specific times using a good computer with a good internet connection. This puts you in a very active role where you need to learn to trade on Francos signals. This may be a bit discouraging for some people. Although Franco narrows it down to only 2 hours per day and teaches you the tricks of the trade and his trading system, youre still required to place the trades yourself at the right time.
