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Is Loss Aversion Affecting How You Trade?

There is a fascinating phenomenon in the field of human psychology known as “loss aversion.” Loss aversion is in part exactly what it sounds like. It is the tendency which we all have to avoid loss—but it is a little

Posted in Betting Blog, Tips

Prop Trading – Trading For A Firm

As you get into binary options trading and start building up a strong set of skills and techniques, you are actually opening a number of doors to possible career pathways. You can trade for yourself (the default option), but that

Posted in Betting Blog, Tips

5 Reasons to Make Your Binary Options Journey Public

5 Reasons to Make Your Binary Options Journey Public Previously, I talked about how to write a great binary options blog, and what goes into posting quality entries. Some people love to blog, and the idea of sharing their binary

Posted in Betting Blog

5 Ways Traders Hold Themselves Back from Success

5 Ways Traders Hold Themselves Back from Success Been trading binary options for a while without achieving the results you were hoping for? Most traders who do become successful do so after struggling for a while to get there, so

Posted in Betting Blog, Tips

How to Write a Great Binary Trading Blog

How to Write a Great Binary Trading Blog One valuable tool which you can use to keep track of your binary trading decisions and outcomes and also plan for the future is a trading blog.  A trading blog is basically

Posted in Betting Blog, Tips

Should You Trade Long Term Binary Options?

Should You Trade Long Term Binary Options? Prior to this year, I do not recall seeing any binary options brokers offering trades much longer than several days, and very few brokers even offering that.  Almost all brokers for binary options

Posted in Betting Blog, Tips

How 30 Second Trading Can Benefit a Busy Schedule

How 30 Second Trading Can Benefit a Busy Schedule Are you a full-time employee working during the day and trying to somehow squeeze in a secondary career as a binary options trader around your work hours?  Learn to balance your

Posted in Betting Blog, Binary Options

When To Quit Trading

At What Point Do You Quit Binary Options Trading? I ran across a thread with a similar title to this on a Forex forum, and I thought it was a good topic to discuss.  When you are first embarking on

Posted in Betting Blog

Trend Trading 101

Trend Trading 101 With binary options, unlike other types of trading, you do not necessary have to wait for the market to make a move in order to make money, thanks to options like Range or Boundary trades.  Even though

Posted in Betting Blog, Tips

Basic Strategy for 60 Second Options

Basic Strategy for 60 Second Options Recently the news came out that MarketsWorld, one of our top brokers, is adding 60 Second options to their lineup.  A number of other brokers we like already offer 60 Second options, including TradeRush

Posted in Betting Blog, Binary Options, Tips