Binary options brokers have a great ability to recruit amateur traders with powerful marketing campaigns. But once the registration and first deposit, few brokers that provide you with the best practices to systematize your winnings, with the notable exception of TradeRush who pays great attention to the training of its traders. What are these automatic gain quickly?
The key word is discipline
All the advice you are given will be for naught if you can not discipline your practice binary options trading. What is the importance of respecting an investment limit to 10% of your capital if after two or three deals earned you crack an option for oil? At the risk of sounding tedious and mitigate the side “fun” binary options, you should arrange the right method and emotions because your discipline has a direct impact to reduce your chances of loss.
An essential and easy platform
Beyond historical features, whose relevance is not always what you do not hesitate to create your own history of your past deals in the form of a diary.
This document must necessarily include the dates of opening and closing each deal, the name of the asset to which it was, its duration and its price, and if it was successful or not. But beyond these basic indicators, you will also need to include more subjective information such as your state of mind or market conditions that caused you to take a position on a particular asset, and also during the unwinding of this option.
All the information you need is singaporekettlebellclub. The EasyXP platform will help you get your strategic thinking with practical and relevant elements after a few weeks of your career to trade binary options. Thus, several weeks or months apart, if you need to trade an asset, do not forget to check your journal if you have not already active on this experience and what was the conclusion of this operation. If your comment at the time was “rotten active and volatile market – deal lost!” May be a warning that you will be introduced to you, you will avoid repeating a mechanism that you previously led to a loss.