How to Read Binary Brokers Terms and Conditions
Before signing up with a Binary Broker you have to carefully read the Terms and Conditions of the broker. This is one of the most important points, and at the same time one of the least looked at. The most delicate points in the Terms & Conditions are related to the withdrawal process and to the bonus conditions that might limit the possibility to withdraw your money. To explain how to read the legalò terms we will analyze various real life cases.Why “Trading For a Living” Could Be Detrimental to Your Trading Success
Trading for a living is something many traders strive to achieve. However, without understanding the psychological implications that trading, being your only source of income, can have on your results, you could end up blowing out your account. Read this article to find out why.E-Mini Trading: Should You Trade Candlesticks, Heiken-Ashi, or Better Renko Bars?
I get most of my e-mini trading ideas from price action; then use real time indicators to confirm or decline a trade. There are guys that trade pure price action devoid of any confirmation and I have decided that they are probably smarter than me or fibbing about their trading skills. Either way, it’s really doesn’t matter to me. That being said, you will have to decide how you want to display your price and we are going to look at 3 methodologies and break them down a bit.
Before waltzing your way into e-mini trading with visions of untold profits pouring from your pockets, you had better understand one important concept; e-mini trading is a zero-sum game. For every winner there is a loser. Put more simply, for every contract issued by the Chicago Mercantile Exchange (CME) or Chicago Board of Trade (CBOT) there are exactly the same number of winners as losers.Just Give Up! You Stink at E-Mini Trading
I shudder to think how many aspiring e-mini traders have heard this ultimatum from the wives, loved ones, or immediate family. I just heard from a gentleman who had received a demand from his wife that he either get profitable in one month or go look for a “real” job. Countless new traders find themselves faced with this sort of dilemma.