Super Swirly Maze of Binary Trading |
Top Ten Ways To Make Money using Binary Options Trading
- Buy low, sell high - seems obvious, so DO IT
- Learn and master one type of binary option rather then spreading your learning skills across a few instruments and 'hoping for the best'
- Utilize a hobby or other minor distraction so that you brain retains logical decision making ability, but ignores emotional response.
- Read up on short-term graph prediction and data-extrapolation.
- If you have a very strong feeling that you will win, or simply feel overall optimistic, do NOT act on it with trading binary options.
- Avoid longer, riskier position and focus on short, quick trades that have low risk and mitigating gain. Once you've mastered it then you can move to the next level.
- Learn to trade using small amounts, and once you've mastered the technique, up the trades to larger amounts.
- If you loose, take a break, don't try and regain your losses in the post-loss feeling
- Don't trade binary options while hungry or thirsty, it will effect you decisions detrimentally.
- Accept that you can't make money on all trades, it's only important that you make money on more than you loose, but it is impossible to be right 100% of the time.
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