Hey everyone! Lilly here again, happy to bring you yet another binary options tip. As I’ve said before, I try to make these videos as helpful as I can, but it is difficult to squeeze everything into such short clips, so if I forget something, or you have questions as follow up, feel free to comment below and I will do my best to get to everyone’s questions and comments in due time.
There is one main reason that gets any trader to start trading, and keeps a trader around even after losing a couple of trades – being a successful binary option trader.
Most of us start out trading as a way to get some extra income, which is great, but if you only execute a trade or two a week, you’ll have a hard time getting good, just like you would at anything else.
So to me, there’s no big secret as to what goes into making you a better or successful binary option trader – patience and repetition.
Patience comes into play because if you lack it, you will likely be very reactive to every trade you happen to lose, which is never a good thing, you should always trade from a position of knowledge and power, not as a reaction to something that’s already done.
Repetition is a must because it’s the single best way of gaining experience, the more trades you execute, the more you’ll learn to predict the market, and the faster that happens, the better your profits will get, and that’s why we all trade, isn’t it?
Have you subscribed to my channel yet? I’ll be happy to see you watching any future videos, see you soon!