One thing that you will only learn with time about binary options trading is that sometimes is better not to trade. Take a break, walk around the block, and then come back and continue trading. Don't power through the slump as it can be very costly and the only thing you will learn from the experience is that you shouldn't do it.
Another way to perhaps spend your break-time from binary trading is to read up about the Black-Scholes model for valuation and better understand how it is that the value and prices of the binary options is determined.
I personally like to take small breaks as I trade binary options by drawing and doodling simple artwork on GIMP, which is a program very similar to Microsoft Paint and just make a design or doodle that will take your mind off the binary options trading for a period of time.
Whatever you do, don't make loosing money the thing you do to counter loosing money. Take a break, refresh you mind and soul, and then get back to the trading of the binary options, you'll be better at it and thank me for this advice.
Another way to perhaps spend your break-time from binary trading is to read up about the Black-Scholes model for valuation and better understand how it is that the value and prices of the binary options is determined.
 |
| Egg-centric: Drawn while trading binary options |
Whatever you do, don't make loosing money the thing you do to counter loosing money. Take a break, refresh you mind and soul, and then get back to the trading of the binary options, you'll be better at it and thank me for this advice.
No comments:
Post a Comment