Yehuda Belsky is a successful trader in New York City. He specializes in equity options, derivatives, and binary options. Although he focuses on these three areas, his main expertise lies in binary options, for which he has developed a number of unique strategies.
“Binary options are quite complex financial options,” says Yehuda Belsky. “They are also very high risk — either you receive a monetary amount, or you don’t get anything at all. This is why many people refer to them as ‘all or nothing options’. I have perfected a number of strategies and techniques for trading in these options, both on U.S.-based exchanges, as well as Forex markets, and this is what I love.”
“Binary options are quite complex financial options,”
Binary options are indeed complex and not for the faint of heart. In fact, Forbes warns people not to invest in them at all, particularly if they are beginner investors.
“This sort of thing can quickly become addictive, especially to market junkies. Although the amounts bet may be small, the total can quickly add up if many trades are done in a day. It wouldn’t take long for things to get out of hand.”
While it is undeniable that trading in binary options amounts to gambling and betting, Yehuda Belsky feels it is more than that. He adds: “It is not the same as betting on the roll of a dice. When you understand financial markets, like I do, you can make reasonably accurate predictions about what is likely to happen next. At the same time, I wouldn’t recommend someone to trade in binary options without professional help, because if you don’t have an in-depth understanding of the markets, then it is truly like rolling a dice and hoping for the best.”
Yehuda Belsky has a great deal of experience in trading. What he has done, is to take the existing binary trading option strategies, and combine them all into a single one. The two key strategies are the betting model based strategy and the market behavior strategy, which he has merged into what is now known as ‘the Blended Model.’
“In these strategies, it is assumed that the investor will employ betting strategies, whether they are familiar with financial markets or not. These strategies use several tactics that are designed to increase the probability of winning. Strategies based on the news are the best example in this category.”
The Blended model is based on the betting strategy that a lot of information can be gathered from the news. At the same time, it is also based on the market behavior strategy which depends on the fact that a lot can be learned from charts and historical data. Yehuda Belsky explains: “There is a whole lot to be learned from the news, and a whole lot to be predicted from it as well. But if you were to take every news item out there and base your trading options on that, you would lose as much as you would gain. Hence, I also implement charts and historical data, in order to cross-check the different news items. Put together, through the Blended Model, you will end up with a prediction that is very likely to come true.”
Trading is always risky, regardless of whether it is in binary options, stocks, precious metals, currency, or any other option. However, binary options are also the ones that everyday people can access, without having to pay for a broker and complex accounts. People like Yehuda Belsky, therefore, can be a source of valuable education for those people — those who simply want to earn a little bit of extra money, rather than becoming professional traders.
Source: Yehuda Belsky