Binary Options Trading Knowledge - Mistakes you should avoid

[FONT=&quot]1. Dont trade blindly[/FONT][FONT=&quot] - You better remember this and put it on the top in your mind. NEVER TRADE when you can't realize the trend & direction, unless you want to burn your balance.[/FONT]
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[FONT=&quot]2. Money Managerment[/FONT][FONT=&quot] - Very important. Keep Your Fund is always more important than Take Your Chances. Chances are always around you. So that, do not try to risk all in just one or two trade. Better, around 2.5% - 5% per order is greatest.[/FONT]
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[FONT=&quot]3. Be patient[/FONT][FONT=&quot] - Yeah, its the key of success. If you can not wait until everything goes clear and the thing you trade forms a trend, you will be blind. For example, when you see the EURUSD is in a consolidation, then SHOULD NOT TRADE IT. Just when it gets out of the ledge then you should enter in the market.[/FONT]

 

One key point in your guidance is missing: when to buy and when to sell to make money.

 

#4 - A trading system someone emailed you does not mean the broker is licensed or regulated and you may not be able to withdraw profits.

Only use a regulated broker, see list: http://www.binaryex.com/brokers-licensed-in-cyprus/

Your welcome!