Binary Options Trading Secrets: EXPLAINED - Top Ten List

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There are various secrets and trading-tips that have been kept close to those that are professional binary traders. As a professional binary options trader myself, I have found that some of the information I have gathers is applicable to anyone who uses these methods and that in the long-run they are the proper way to trade binary options, even if there are reasons to believe that it might hurt in the short-run. Without further ado:


Top Ten Trading Secrets for Binary Options:

1. Pay attention to the profit margins, all trades should be a 50/50 chance for one possibility over the other, but the pay split is either 100/85 or 100/65. By having a higher ratio you might increase your profits, but also your risks.
2. Pick binary options early closure as a way to hedge small profits that add up real quickly for long term gains.
3. Decide ahead of time how much money you want to risk and the sizes of your investment. Don't "See how it goes" as that is a recipe for disaster.
4. If you are winning a lot or loosing a lot, STOP TRADING. It is easy to suddenly loose your bearing and wipe out days of gains because of over-eagerness.
5. Avoid any asset that is in the news. If Libya is having another civil war break out then now is not a predictably time for oil. If there is much talk about gold bubble bursting, then avoid gold. ETC ETC.
6. Don't EVER trade because of something in your life that leads you to now feel "Lucky" This has nothing to do with the real market or the real world of binary options trading.
7. Get familiar with the Touch/No-touch type of binary option and try and see if you can figure out which graph is going very likely be a "Touch" - After buy the option, the full profit of the trade is automatic the second that the line on the graph is touched. This can yield 65-85% profit in like a minute and you can then repeat it. This is particularly well when an asset is moving in a very predictable and consistent direction.
8. Don't tell friends about others about the binary trading if they themselves don't trade. The eagerness to tell them about how wonderful you day's winning are will cloud your judgment while you are actually trading.
9. If you see that you are always picking the wrong direction in each binary option, simply maintain the logic in your thinking, but do the opposite when you trade - see how that works for you.
10. Don't trade while you are not able to give your full attention, as focus is money in binary options trading.