Let's discuss money management

The fact that you earned some money before your account was wiped by your wrong choices is a pointer that this business is profitable. As someone stated,by earning $20 per day in this busines you can become a millionaire in 5months ($3000) but some of us don't want to grow gradually, we want to do too much with too little. The truth is the market is not responsible for our mistakes but our impatient,indiscipline, greed and lack of knowledge do.

Risk management ensures your longevity in trading without it making money out of this goldmine business becomes a struggle. Over trading has been identified as the number cause of loss of deposit in this business and that is what some of us do.

So what can we do to enjoy the benefits online trading presents to us in this era?

�Analyse your trade and find out what you did when you earned and what you did when the whole account was blown, avoid the later and maximise the former for continuous winning. That is how a winning trading plan is formed
�Set a daily realistic goal based on your deposit size and decide to stick to it daily. Let your analysis of the market for the day be based on the best way to enter d market so as to achieve this goal. It might be just once, twice or maximum thrice you need to enter the market in a day.

I believe this will be a game changer for both loss making traders and the profit making ones. You can test it on demo and for those maintaining good balances, this can actually increase your winning rate and the amount you make per day. Don't forget 10% of your deposit should be the maximum trade size you invest per trade unless if you want to deal boldly. Trading is a way of life, you don't need to wipe your deposit becos market doesn't go the direction you predicted, there is always opportunity for replay.

emilex1000:
how do i learn this binary as a complete newbie

It's not a get rich quick scheme but u can make a gud income if u will be patient,committed and ready learn. Aside general knowledge about the platform and how the market.There two major things that determines ur success in this busines.Money management and a TRADING a strategy. Those two things are what u need.

To know when to trade depends on ur trading plans and strategy..like a guideline for your trading business .Which is a combination of d time frame u want to trade, your platform setup and d indicators u are u have chosen to get entering signals. Once the market aligns with those things, then u place a trade.Is better u are not in haste if u don't want to lose ur money fast. ..seek knowledge first

I can train u but we need to agree on sum tins. because u already have idea...mine work will b a little easier. I just need to put u tru, working strategy, money management and some info dat will help u succeed. We also organise online and offline training

Course Contents:
� Understanding binary options
� The possibilities in binary options
� platform setup
� Winning strategies
� Learn the basics of candlesticks
� A live trade
� Q&A

Dat is our online trading course
After d training im convinced u will start earning. ..However, just as i said earlier. .we need to agree on sum terms.

sunco27:
pls can u teach me?tell me the requirements.

I do advise beginners and loss making traders to read Olymp trade website, join the Facebook page and watch the video training on the education column and take atleast a week to put anything they learn into practice on the demo platform, that should get anyone started on this profitable venture. However, if you want to hit the ground running, desire some hand on mentoring and a working strategies, you can seek professional advice. I am ready to provide a step by step approach to winning in this business for anyone that is serious about profiting in it. You can whatsapp/call me on +2348160022256

babyjoy92:

I don't teach

emilex1000:
how do i learn this binary?

I will advise beginners and loss making traders to read Olymp trade website, join the Facebook page and watch the video training on the education column and take atleast a week to put anything they learn into practice on the demo platform, that should get anyone started on this profitable venture. However, if you want to hit the ground running, desire some hand on mentoring and a working strategies, you can seek professional advice. I am ready to provide a step by step approach to winning in this business for anyone that is serious about profiting in it. You can whatsapp/call me on +2348160022256