CitiTrader $500 trading test


CitiTrader are a quite well established Binary Option Platform, so I decided to deposit $500 with them and have a 1 hour trading test to see how they how much money I could make with them.

Up until today I hadn’t used them before, but what I want to apply today is a method called  “graphic trend analysis” which is a method of trading hourly and half hourly binary options to produce a profit.

So below is the video of my results, which saw me average $15 per hour from my investment. If you continue reading you’ll see how you can turn this $15 per hour in to over $20k per month in profit, but placing highly likely low risk trades.


What have just watched in the video above is a simple method that I like to call “Follow the Leader” and I always apply this strategy when trading. It’s pretty much the only way to trade binary options in my opinion.

It’s quite a simple strategy, which involves the use of a Metagraph like the one above.  All I am doing is selecting an asset and if it seems to have an upward trend, I will place a trade of no more than 5% of my overall starting trade balance.  As my starting trade balance was $500 this means that I will only place trades up to $25 in value.

If I had a $1000 trading balance I would place no more than $50 on my trades.

Exactly the same principal applies if I see a downward trend, however if I see a neutral trend where it appears that the asset doesn’t seem to know if it is going up or down, I simply won’t place a trade.

The video above has been speeded up to reduce the viewing time, and also so that I can fit the video on YouTube as they have a 9 minute limit.  But you can clearly see how this simple method works.

Why not try this method for yourself today.  Simply go to CitiTrader and make a deposit today, below is a indication of the expected average trading earnings per hour using this method.

$500 deposit = max trade of $25 and average earnings of $15 per hour

$1000 deposit = max of trade $50 and average earnings of $30 per hour

$1500 deposit = max of trade $75 and average earnings of $45 per hour

$2000 deposit = max trade of $100 and average earnings of $60 per hour

$4000 deposit = max of trade $125 and average earnings of $120 per hour

PLEASE NOTE: As your balance increases each day, increase your trade to no more than 5% of your starting balance, and that in 1 set of trades you do not place over 25% of your overall balance on trades.  This ensures that any losses are kept to a minimum, and are easy to recover from.

Just remember, that if you start with just $500 and you’re earning $15 per hour, by the end of a trading week of 40 hours you’ll have more than doubled your investment.  As $15 x 40 hours = $600.

A sensible strategy at this stage would be to bank $100 and continue to trade with $1000 on your second week. This would give you an average of $30 per hour for week 2 which should be $30 x 40 = $1200 profit on top of your $1000 balance.

Once again, a sensible strategy from here would be to bank $200 and retain $2000 for trading.  By now you’ll have banked a total of $300 leaving you with enough in your trading account to earn $60 per hour x 40 which is a healthy $2400 profit.

As per your last 2 weeks, it would be wise to bank the $400 and retain $4000 for trading.  This would give you a $700 return that represents a $200 profit and your inital stake of $500 returned.

Now if your 4th week you can earn $120 per hour, which over a 40 hour trading week would present a return of $4800.  Here I would highly recommend taking the $4800 profit each and every week and leave a balance of $4000 for trading.

You can of course go for a 5th week and bank just $800 and use $8k for trading, which could give you $240 per hour and net around $9600 profit per week, but this is purely down to personal preference.

If you wish to sign up with CitiTrader you can visit the site by clicking HERE

About the Author



  • Dave P said:
    May 30, 2012 at 10:40 am

    Hey great system. I’ve been using this for 4 days now and I’ve made my deposit back in profit. Clever

  • June 5, 2012 at 8:19 am

    Enjoyed looking through this, very good stuff, regards .

  • Eightmth said:
    July 13, 2012 at 2:36 pm

    not sure if its only me, but seeing there is a trend now does not mean the price will be in favour of the trend in 15 or 30 mins??

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