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  • #16
    May be that's the reason "Much of the industry perpetuated fraud against its investors, earning money when the investors lost money. " The fraudsters lied to the investors about the potential for profit and about the identities and locations of its “brokers,” and frequently disappeared with the money when investors attempted to withdraw profits.

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    • #17
      Rule #1 - Never invest money you can't afford to lose.
      Rule #2 - A broker makes money when you loose, just like a sports book.
      Rule #3 - Never allow a broker to trade for you. Remember Rule #2.
      Rule #4 - Start trading with a demo account first to prove viability and learn how to trade.
      Rule #5 - If a system/software/bot/trader requires you to deposit/use real money don't do it. It breaks Rule #3.
      Rule #6 - Never accept a bonus that requires turnover and traps your money from being withdrawn.
      Rule #7 - Always trade a percent of your account, a small percent to manage risk and maximize profits.
      Rule #8 - Check this thread about complaints before choosing a broker:

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      • #18
        I think the behavior of the trader and his mentality is the cause of failure on the binary options market. Many trader take it as a shortcut to earn much which is not a possible thing guys. You have to struggle for gaining success folks. Do you agree with me?

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        • #19
          I can teach you how to trade binary options successfully and you make over 300% profit and you pay me a percentage of the profits made
          Whatsapp +1 (213) 2143407 to start.

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          • #20
            Mate, it is pretty obvious that success is not achieved overnight and what you achieve overnight is rarely sustainable, therefore, it is vital to face the heat and pass through it. The good and bad news is that success and failure, both are not FINAL.

            So, it always can change into the opposite, but all to do with your own decision making and willingness or lack of it. I always believe in simple and gradual ways of working. In that it’s highly helpful through PowerShares stock, it works tremendously nicely especially for me with PowerShares stock forecast, which keeps me absolutely covered.

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            • #21
              I think people lose the consistency due to the overconfidence by winning a couple of trades. In order to run in a constant fashion you have to work on a particular plan and with good management as well. It is hard but possible to get success on the binary options market.

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              • #22
                Indeed, the fundamental error is that individuals begin trading binaries with no legitimate learning. I would recommend beginning on this market just once you have taken a stab at exchanging Forex and saw that it is either too tedious for you or you can't deal with open positions.

                On the off chance that Forex is excessively mind-boggling - don't begin with pairs, you will fail as well.

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