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Binary Trading and Money Management
petar.nola
This is often the most overlooked feature in binary Option Trading. One can loose a lifetime of profits very quickly if one doesn’t manage his money correctly. Here are some simple strategies to try increase your trades: Binary Options and Gambling – One must not mistake Binary options for gambling. Never risk to much on... Read more
This is often the most overlooked feature in binary Option Trading. One can loose a lifetime of profits very quickly if one doesn’t manage his money correctly. Here are some simple strategies to try increase your trades: Binary Options and Gambling – One must not mistake Binary options for gambling. Never risk to much on a trade Never Risk More Than 8.5% on One Trade – One should never risk more than 8.5% on a trade. If you stick to this you can be wrong up to 11 times and still have money to trade. An example of $10000 you wouldn’t want to risk more than $850.. Be confident – make sure you have researched and analyzed properly before trading. Wait out as long as you like until you feel comfortable. Try to diversify – Never put all your trades on the same thing. Try different Markets, assets etc. Keep your ear on the pulse – Wait for big announcements and then pick a trading route. If you are brave try to anticipate an announcement and use Binary to take advantage. Look for trend – Be sure to notice any trends in the market. They are everywhere! Take the punches – You have to loose a certain amount to be an eventual winner!

Binary Trading and Money Management

This is often the most overlooked feature in binary Option Trading. One can loose a lifetime of profits very quickly if one doesn’t manage his money correctly.

Here are some simple strategies to try increase your trades:

  1. Binary Options and Gambling – One must not mistake Binary options for gambling.
  2. Never risk to much on a trade Never Risk More Than 8.5% on One Trade – One should never risk more than 8.5% on a trade. If you stick to this you can be wrong up to 11 times and still have money to trade. An example of $10000 you wouldn’t want to risk more than $850..
  3. Be confident – make sure you have researched and analyzed properly before trading. Wait out as long as you like until you feel comfortable.
  4. Try to diversify – Never put all your trades on the same thing. Try different Markets, assets etc.
  5. Keep your ear on the pulse – Wait for big announcements and then pick a trading route. If you are brave try to anticipate an announcement and use Binary to take advantage.
  6. Look for trend – Be sure to notice any trends in the market. They are everywhere!
  7. Take the punches – You have to loose a certain amount to be an eventual winner!
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