Risk management in binary option trading
When trading, like in any activity which involves risk, you have to have a clear and coherent Money Management plan. Without it you will be trying to build a house without laying the foundations first. Many traders miss out on this important aspect of trading, as there are more things to consider than just counting your money. Then just as important as working out a plan is sticking to it, Discipline is the golden rule here. Construction of a coherent plan begins by asking yourself the following 3 questions; How…
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