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 more complex than that. When we experience loss aversion, we are willing to trade a chance at substantial gains for a chance to simply avoid a loss.
You have just signed up for a binary options trading account and now you are ready to learn. Your broker offers an education section, but when you check it out, all you find are a couple of videos which basically are just another sell on the trading platform. You call up your account manager to ask about one-on-one training, but either it is not offered or the “expert” trader you are assigned seems to be anything but proficient.