Welcome to my post about the most popular binary options mistakes! There are many downfalls when it comes to binary options trading, ensure to keep on reading to find out more about and how to avoid the them! If you manage to avoid the following mistakes, there is a good chance you won´t loose all your money!
Accept Loses – You won´t win always, even if you are a perfect trader, you still will lose a part of your trades! Do not try to win back your losses on the same day. This will lead to bad desicions and more loss!
Ignore Emotions – Don´t follow your emotions! Emotions are the number one enemy when iot comes to trading!
Follow a plan – Its a good idea to write down a trading plan, containing your money management rules, your trading patterns, and so on! Ensure to stick with it!
Respekt your money management – Ensure to follow a proper money management! This can easily decide between success and no success!
Don´t stop learning
Keep Track of your results