Handling losses while trading 20 minute binaries can be tough. By choosing a very low risk on entry, traders ensure they don’t blow an account.
Handling Losses While Trading 20 Minute Binaries
In the Thursday live trading webinar, Gail suffers three losses trading the 20 minute binaries. While she could have continued, she immediately recognizes either the market is not moving as she anticipates or she is not “in touch” with the market and stops. However, she also makes sure that she only takes a low risk trade so if she does suffer losses it is devastating and she can survive for another day.