Categorized | Binary Option Trading

Harsh Truths about Binary Option Trading

I bet most of you are still searching for a binary option strategy that wins 100% of the time. I used to be in your shoe when I first started trading binary option. However I feel that there are something that you need to know in order to be able to move one step closer to becoming a profitable trader.

It is the same facts that I realized that allows me to be able to trade for a living today.

In fact, what I am going to share with you below is going to shake you awake so that you can wake up from the dream of becoming a binary option trader simply by guessing the market movement.

1) The Odds Is Always Against You

Do you realize that the moment you enter a trade, the odds is already against you in binary option trading? This is due to the payout percentage that is given in each trade.

Even when you win a trade and lose a trade, you are still losing money. This is because the payout is always less than 100%. Therefore if you want to be profitable in binary option trading, the winning percentage of your strategy is very very important.

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You need to win more than you lose in order to be able to make money from trading binary option and this is one thing that most new trader do not know and this explains why they never really manage to make consistent income from trading binary option.

2) You Can’t Win All The Time

People are constantly searching for a strategy that wins 100% of the time but I am sorry to have to break your dream by telling you that this is not possible.

You need to first realize that it is impossible to win 100% of the time in all trading methods be it stocks, currency or binary option. The faster you realize this, the faster you will become a profitable trader.

To become a profitable trader, you just need a strategy that wins more than 70% of the time. Being realistic is very important for a trader as this will aid you when you are in search of a good strategy.

3) Stay Focus To Be Profitable

Some binary traders want to trade everything from stocks to oils to currencies but the truth is the more you trade, the more you lose.

The strategy that works on stocks may not work on currency. Therefore the key to profitable binary option trading is FOCUS. If you are a student of my Binary Option Mastery Course, you will realize that my 3 strategies are used on EURUSD only.

As there are a lot of trading opportunities already just on EURUSD alone, why you want to confuse yourself by trading other stuffs. Just stay focus and trade one type of item and this alone can make you quite a lot of money already.

I hope that you will be able to digest what I have shared with you above so that you can become a profitable trader one day.

I have written a blog post to share with you Effective Binary Option Indicators that you can use to trade everyday. I understand that there are a lot of you guys who are trading without a proper strategy on hand and this is very risky.

Click Here To Learn About Those Indicators

 

 

 

 

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