How 30 Second Trading Can Benefit a Busy Schedule

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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 trading life here. If so, you are very much in the same position as most other traders.  Very few people are able to immediately start trading binary options for a living, both because it is not that easy to learn to trade profitably, and because most people do not have the money it takes to fund a life and a trading account without a full-time job.

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Should You Trade Binary Options on Your Mobile Device?

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Should You Trade Binary Options on Your Mobile Device?

When you are reading through reviews of binary options brokers, you will usually find out whether a broker offers mobile trading or not.  Some brokers allow you to trade on a mobile-friendly interface on an iPhone, Android, Blackberry, or similar device.  They have webpages which are designed to display clearly and make it easy to trade on a small screen.  In theory, this should allow you to be able to trade binary options anywhere you want, as long as you have an internet connection.  This is generally seen as a positive feature and a boon for traders.  One thing I notice hardly anyone ever talks about though is whether you should take advantage of this feature or leave it.

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Improve Your Concentration for Better Trading

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Improve Your Concentration for Better Trading

Do you have difficulty focusing while you are trading binary options?  Maybe not, if you do only short term trades like 60 Second trades; a lot of new traders are attracted to binary options because they do not have to stay in their trades for very long.  Impatience is not your friend, though, and you will quickly discover that if you are not testing your trades, you will not do well on any timeframe.  And testing takes a great deal of focus, even when you are testing short-term trades.  You might balk at the idea of testing hundreds of trades before you even trade live with real money, but it is a fact of life for any successful binary options trader.

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What Will You Do With Your First Million Dollars?

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What Will You Do With Your First Million Dollars?

I like to write posts based on threads that I have recently found while perusing trading communities. Recently I saw a trader post a thread asking what people were planning on doing with their wealth once they made it. The discussion focused on what the trader was going to do with his first million dollars (not as much money these days as it used to be, but it is a number many traders still fixate on).

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When To Quit Trading

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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 your binary options adventure, the last thing you probably want to think about is quitting, but it is important to set some kind of guidelines for quitting, because in many ways, your treatment of this topic determines what you are in the market for.  It is a good way to analyze your motivations for trading and your end goals.

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