AnyOptions Launch Trader Sentiment and Trades Data
AnyOption, a famous binary options broker, just announced the launch of a new feature. This new feature enables traders to see the latest successful trades from other traders, and to evaluate the ‘trader sentiment’ for an available option.
This new tool, which is already available on AnyOption, aims to enhance the success of traders in the binary options business. According to the announcement of the company, the launch of this new tool is part of the company’s philosophy, which is to constantly release innovative and new technologies.
AnyOption Adds New Line Trading Data Tool
Not so long ago, a new trading data tracking tool named ‘LIVE’ was developed by AnyOption, who stated that this tool aimed to improve the accessibility of binary option and the transparency of the company to its retail clients.
Using this new tool, traders will be able to see all the contracts being purchased by other traders in real time. It will also assist traders in evaluating the trades or decisions that are thought to be popular or profitable by most traders at a given time. This tool will rank the top five best investors based on their daily, weekly and monthly performance. By evaluating the past performance of these investors, traders will be able to gain insight into their decisions and the though process that led to those decisions.
In the binary options business, evaluating other professional traders’ decisions is believed to be the best educational tool. Standard guides and strategy articles can only provide traders with the most basic knowledge of binary option trading. Concrete case studies (like evaluating professionals’ performance), on the other hand, are the best way to help traders in becoming experts.
The next biggest feature of the new tool is that it allows traders to view how most other traders decide on an option. Let’s have an example with a standard high/low option in EUR/USD. With this certain option, the new system can reveal that, in a certain period, 80 per cent of traders choose to ‘Call’, whereas 20 per cent choose to ‘Put.’ From this we can conclude that the popular consensus (known as ‘trader sentiment’ to brokers) favors ‘Call.’
This ‘trader sentiment’ feature provides traders with live and real time information that is update up to the second. Although a 100 per cent success ratio is not guaranteed, this feature will still help traders in considerably improving their standard success ratio.
As a well-known binary options broker, AnyOption offers first-class binary options trading services to its customers. It provides traders with a huge selection of assets with a massive amount of stocks, Forex currency pairs, indices and commodities. Traders can choose to trade various types of options, for example high/low options, one touch options, etc.
AnyOption also offer a unique kind of option called Option+. This type of option enables traders to sell back their option to the broker when their decision is believed to be inaccurate in the future. This feature is not offered by most binary options broker.
AnyOption also provides another special type of option, “Binary 0-100.” This type of option is recently implemented. It allows traders to gain massive profit because of the different calculation method between these options and traditional binary options. For more information, read AnyOption Review.