Trading is hard enough without over complicating things, just because it looks complicated doesn’t mean that it's more successful.
Stick To Your Trading Plan
Before you start trading, and before emotions take over you thought about a trading plan. Stick to it! Don’t let the emotions of trading change your view.
The Trend Is Your Friend
Picking tops and bottoms of markets is a foolish past time if the markets have been rallying for months the likelihood of them turning around just because you traded is very small. The trend is your friend, apart from the bend at the end.
Trading On a Demo Is not The Same as Live Trading
Use your demo account to learn about the software you are using, it’s hard enough without making mistakes around technology.
Take Some Profits
Don’t be greedy when you trade, if the profits come in then take some off the table. Remember you can partially close a position and leave the rest to run.
U.S. Government Disclaimer: Commodity Futures Trading Commission. Futures, options and cryptocurrency trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell Bitcoin, altcoins, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on the website. Past performance of any trading system or methodology isn’t necessarily indicative of future results. Please do your own research before trading binary options and consult with a financial adviser to find out if binary options or other leveraged products are suitable for your investor profile and risk tolerance.