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  • good tips

    What are some of the good and helpful tips you can give to new traders who are aspiring to deliver a profitable trade?

  • #2
    Trading with right broker is the key to success in trading business. It is also good to choose few brokers in the start and try their demo accounts, comparing them and then going to live trade with a broker of your choice. New traders might focus on trading demo accounts for at least 6 month to 1 year before going for live trading.

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    • #3
      Aside from trading with the right broker, I think that it is also very important to understand how binary options trading works. Learn the 101's of this stuff and you will be achieving more and more profit in the future.

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      • #4
        You need to fully understand that trading binary options goes along with a big risk, so you need to take those risks to be able to succeed in trading.

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        • #5
          Aside from understanding the trade itself you need to do background check on the brokers because you need to know if they are regulated or not.

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          • #6
            Check their payment methods, check how fast they can pay, check all their reviews on that forum and all other reputable ones. Check if you are US resident and try to play on some offshore broker, it's not always possible at all. Be carefull in other words.

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