In an official press release of TRADOLOGIC, the award winning software and technology provider for the binary options trading market has provided more information on its recent launch of the innovative “Knock-In” trading tool. Destined for the enhancement of the trading experiences for binary option traders. Marking the standard procedure of traders to control their positions, while they are away from the trading locations.
In more detail, the new pre-trading tool Knock-In is an essential option that is advocated for time management. When a binary options trader opens an order on the trading platform, the trade will not be executed until the underlying assets meet a specific price level prior the option expires. Aside, the latest trading tool is designed for traders to utilize multiple strategies. An example could be that a trader decides to speculate on a certain entry price of a trade, during the time of placing the pending order.
From the explanation it is clearly that the trading tool benefits binary options traders not only with the automation of open binary options trades, but also allow traders to utilize higher levels of control as well as improved risk management. Along with various other integrated products of TRADOLOGIC, such as Auto-Trade, Tournament, and Trado 24/7, the quality of trading process has increased significantly. Actually, the innovative tool already has been integrated and effectively used by a large number of TRADOLOGIC’s services.
The binary options service providers claim that TRADOLOGIC Knock-In tool does not only enhance the efficiency of the trading process, but also enlarge the revenues of their clients. According to their reports, the first week already resulted in a 15% usage of Knock-In by their trading clients. For the upcoming months TRADOLOGIC expect this percentage to increase at least to 50%.
TRADOLOGIC’s CEO, Mr. Ilan Tzorya expressed the firm’s goals with its latest addition: “TRADOLOGIC is at the front of the industry’s innovation, by constantly introducing additional products and by delivering superior services”.