Binary Options Trading Tip #616: Stop, Drop, and Don't Roll

As a seasoned binary options trader, I often get asked by amateurs what they should do to make more money with their trading, which investments to go for, etc etc.  The truth is that the average person has the ability to read graphs with enough accuracy to be able to make smart enough trades to gain a profit, even in a short period of time. The problem is that those without the experience and skills will continue to trade even if they keep loosing.  Stopping when you are loosing is far more important than making money, as whatever you make can be lost in an hour or two of bad decisions.

The market is not something that can be controlled or willed to doing what you want or performing to your hearts content. The market will stagger and stumble in whatever direction real-world demand dictates and the binary options trader is stuck guess where it will go next.  Rather than trying to decipher a complex situation, stop your trading, log out, and don't trade anymore till tomorrow. Rather than trying to re-coupe your losses, you need to cut-loose and mitigate your losses as much as possible.


You can study up and learn the Black-Scholes valuation formula, or you can trade binary options till you can't no more, but if you see that you are loosing money the STOP, keep that cash at least till tomorrow.