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Binary Lessons

Binary options for beginners - 12 Free Lessons

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Binary options trading might look easy to you, but profiting in the long run is far from an easy job. About 90% of traders struggle to maintain consistent income. To get into the 10% club, you have to gather your wits and quit gambling. The martingale strategy could save you a few times, but it won’t always work.

How to build a binary options strategy

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Just like any new pattern, a trading strategy requires time to understand and get used to. You cannot expect to make a profit right off the bat just because the strategy made money for some other trader. The truth is traders need to spend time analysing their trading strategy before they can expect to make a profit from it.

Demo vs live account: how to start binary trading

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A demo account might be a good start, but you should be aware of some psychological differences that comes with trading on a practice trading account. Just like babies learn to crawl before they can walk, and learn to walk before they can run, trading binary options successfully requires you to start with a risk-free demo trading account.

How to choose binary options broker

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When you are choosing a binary options broker, always make sure to take your time and do your due diligence. There are enough documented cases about fraud, and despite the fact that financial regulators have become tougher on the brokers and the type of advertising they can do, there are still many dodgy firms you need to steer clear of.

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