The stock market made me a millionaire by the age of 21; I quickly became famous in the U.K because I controversially used my student loan of £30,000 to invest in the stock markets… which looking back now was a very stupid and irresponsible thing to do, but without doing that I wouldn’t be where I am today.
Before you read more of my blog, let me quickly introduce myself. My name is Elijah Oyefeso and I’m currently living in London, England & I’m a financial trader, specialising in Binary Options which is seen as the entry platform to trading due to its simplicity which is great for me because at the start of the year I had zero trading experience.
After the TV programme I was getting stopped in the street, harassed on social media by people looking for help and advice on how they could replicate my success and my trades. So in November 2015 I decided to start what other traders call a “signal service” which basically charges people a monthly fee to follow and make the same trades that I make.
I thought this was a great idea & it had a lot of success, which was great, but I also had a lot of people calling me an actor and that I was renting my Lamborghini, wearing fake watches and even saying that the money I had was fake.
Which is why I’ve decided to create this blog and I will be sharing one of my strategies that anyone will be able to follow. I’ve already shared some of my systems with loyal followers of my social media account and you can see the success they have had.
But before we get started with I just want to show you what’s possible when trading binary options with the correct information. Please don’t think that you will be able to buy a Lamborghini in 12 months with this system alone. Although it will help you earn a few thousand a month.
My simple system to follow…
Step 1 – First you will need a binary options platform. The best way to find a reliable broker is to use a review website, similar to the comparison websites for car insurance. Check out this website which keeps a day to day check on brokers. Click here to be taken to the review website.
Step 2 – Now you will need some start up funds to start investing. I first started investing £800 a month, I understand this isn’t possible for everyone but I would suggest a minimum of £100 to get started. (The more you invest the bigger the profits will be.)
Step 3 – double or bust system
This method is quite simple, because you either choose to CALL or PUT. To have the best chances, it is advised to follow the trend of the chart… (if you see the chart rising hit «Call» if it is declining hit «Put»).
1) Put £25 on an asset
Example: You choose EUR/USD, and you see the chart rising so you hit «Call».
2) The 2 possible outcomes…
Outcome 1: Successful Trade! You won and earned up to 85% Profit. Repeat this process.
Outcome 2: You lose! Now you have to double your stake to £50 and click “PUT” and repeat the process.
This system works by allowing you to always get your starting stake back, so even if you’re incorrect 10 times. The 11th time you will be able to get your original stake back, yet the trades that are winners on the first round is where you will collect your profits.