[African Binary Options Trader Interview] Jeremiah N., Kenya. 

In Only One Week Jeremiah N. Has Grown His Account From $100 to KES. 361,996. Something Most Traders Only Dream to Achieve.

Jeremiah Nyangena is a new trader in Quotex, one of the newest binary options trading platforms in the world now accepting traders from all countries including the US, Germany, and Russia.

Last week Jeremiah grew a $100 account to now  KES. 361,996 account and his goal is to reach $10,000 by the end of the month.

Let’s hear more about Jeremiah and his newfound cash cow, Quotex.

Q1. Well done on your trading results this week Jeremiah. What do the journey and the success you achieved this week trading on Quotex mean to you?

Am so motivated by my results. 

Am always glued to my laptop analyzing the assets to trade on and so far the experience is so good, thanks to the easy-to-use QUOTEX interface.

Q2. Prior to creating a trading account in Quotex, were you trading binary options? 

Yes, I traded in Olymp Trade for less than a week then discovered Quotex which I’m currently using to trade currency pairs, commodities, stocks, indices, and OTC pairs.

Q3. How much success did you achieve with the previous platform?

None, I invested $50 and lost nearly all of the amount I deposited. At the moment I only have $10 left in that account.

Q4. What chatting features do you find useful on Quotex?

While Quotex is so rich with trading indicators, I don’t use all of them. I usually interchange trading tools but mostly I prefer Alligator, CCI, and MACD.

Also, the fact that you can pin all the assets you are interested in on top of the chart is a plus for Quotex.

It makes it easy to navigate different assets while looking for the best assets to invest in.

Q5. Do you wish you started trading in Quotex sooner?

Yes, I wish I knew this platform way back. I would be a shilling billionaire by now.

Q6. Do you think it is possible to make KES. 1 Million a month trading binary Options?

Why not, with good financial discipline and management, it is possible to make more than a million per month

At the moment I’m averaging $500 per day in profits. In a month this can easily translate to $15,000 which is over a million Kenyan shillings.

So, yes!. You can make a million a month trading binary options.

Q7. Which strategy are you currently using, outline it to someone else reading about your interview and needs a miracle today?

1). What chart timeframe do you use? I use a one-minute timeframe

2). Which indicators do you use? Tell us about the indicator settings, and entry conditions for your strategy.

I use an alligator indicator with MACD and CCI oscillator, I don’t change the settings. I use the default settings.

For a BUY signal, the price must be above all three moving averages of the alligator indicator. The moving average on CCI has to be above the -100 level and bars on MACD have to be on top of the 0 level with green bars.

It makes more sense if there is a  bottom-up crossover on MACD moving averages and the MAs are facing UP.

The opposite is true for SELL signals.

3). What is the duration of each trade?

I use a 1-minute duration.

4). How much should traders stake with your strategy?

I prefer entering a trade with 0.4% of the the sum total for investment (account balance)

5). How much deposit is ideal for this strategy? 

I started with 100$.

If you are good with analysing the trends, I believe you can significantly make some good money with the same starting capital.

8). What is the best time to trade with this strategy? 

I don’t have a preferred time for trading. Any time works for me.

What was your inspiration for this strategy? 

I learned a lot from youtube and did more research about binary options trading before creating an account under Kenn Omollo.

How not to lose money with the Jeremiah N. trading strategy.

1. Don’t be greedy, invest small. 
2. Analyze the trend well and know when to enter a trade. 
3. Develop a constant financial plan on how you’re going to spend your money if you lose the first trade. 
4. Do not trade with emotions, you may not have a good day today but tomorrow will be good. 
5. Have your daily targets, and once achieved, stop trading immediately, your brain needs to relax.

What have you learned the hard way while trading binary options?

1. Losing money is so much easier than getting it. 
2. Discipline is the greatest key to successful trading. 
3. Do not confuse Binary options with ordinary casino and sports gambling. Binary options trading is not gambling.

Advise someone who wants to start trading binary options and is not sure where or how to begin.

Well, if you are an absolute beginner, you need to read more about the forex market, understand various candlestick patterns, and indicators, how to spot a trend, and how to enter a trade. 

Always keep in mind that the forex or binary options is a volatile market, so you should make sure that you’ve understood every strategy well.