Dear Trader,
- Is difficulty to make profit from Binary Option?
If yes, i can help you, to make profit consistently.
My opinion, binary option is business long term, but many people spend their money to invest on market every minutes.
Target to Become a Professional Trader in the Long Term
- Made trading journal.
- Resisting psychological emotion in live account.
- Take money management 2-5% and don't exceed from your capital.
- Take open position at 1 day (like forex).
- Don't over trade.
- Keep Consistent.
- Always visit forum or group facebook around binary option.
- Don't think you're smart.
- Read the Calendar (News).
It's better to analyze candlesticks accurately than you want to get rich quick / gambler.
"Trading is NOT about how often you are right !!
Trading is a mathematical CALCULATION regarding the comparison of the results that YOU WILL get with the risk that you MIGHT spend !!! ".
Always keep practice on the demo account and spent your free time min 1 - 3 hour / days to make your perfect.
Note:
- You must know about support and resistance. i give example picture above.
Higher High (HH) it's mean resistance, if breakout it will be support and you can trade call / higher / after that.
Higher low is function to retest to come back level price before.
This is my trading journal from IQ Option last year: Click Here.
