The best binary options traders just like australia casino gamblers have these habits in common. By cultivating these habits, you can become an expert trader too.
1. Patience – a good trader waits for a sure thing instead of taking options on a hunch.
2. Homework – a good trader does their homework and focuses on a manageable number of assets that they know deeply, instead of having a superficial knowledge of a wider set of assets.
3. Unemotional – this is quite a difficult habit to cultivate since nothing inspires quite as much drama and attachment in us than our money being on the line, but good traders will put those emotions away and not be affected by either greed or stinginess. They have distancing techniques such as pretending they’re dealing with someone else’s money, or that the trade is an assignment from work rather than something they’re doing in their free time with their own money.
4. Balance – while keeping up with financial news and doing your homework is important, it’s crucial to have some time away from the computer and have hobbies that take you away from obsessing about money.
5. Hunger to learn – a good trader may find a strategy that works for them, but it never stops them trying to discover ways to fine tune their online slots making skills. They ask better traders for advice, and, most importantly – actually take that advice.
If you cultivate these five skills, you’ll doubtlessly improve your binary options trading skills and make more money in the long run.
The world of binary options trading is filled with brands new and old, and of course you must be discerning when choosing a company who will not only handle your money, but be responsible for paying you more than you’ve put down when you complete a successful trade.
We’ve reviewed several popular and smaller binary options trading platforms and must say that these two companies had a neck to neck battle, and ended up tying for first place.
Boss Options – with fantastic returns (you can make $1000 in 60 seconds), an easy to use platform and great customer service, we loved dealing with Boss.
Platinum Trader – this all American brand impressed us with its slick style and great returns for more information visit for more knowledge.
Here are some criteria to look for when choosing a binary options trading platform:
1. Safety – they must be accredited and recognised by major institutions – if they offer a wide range of e wallets and banking options, that means they’re a trusted company who have been around for a while – a good example are the best online gambling australia sites.
2. Ease of use – It shouldn’t take you more than a minute to figure out how to use their trading platform. The simpler it is, the quicker you can start trading and make money.
3. Good reputation – The internet age is fantastic because there is no way to shield your true colours when all your clients have access to Twitter, Hello Peter and Facebook. A company with a good reputation and good reviews is one worth looking into.