Managing a Binary Options Trade

Managing a binary options trade is something that most traders struggle with.  Traders need to have a specific entry and exit criteria for all trades, futures, forex, and binary options.

Managing a Binary Options Trade

In this video, Gail shows an entry on the Dow Jones (using binary options) and explains why she opted to exit the trade early — instead of remaining in the trade “hoping” it would go in her direction.  Since price bars and price patterns are a cornerstone of trading, it only makes sense to use this information for managing a trade.

If you enjoyed this video,  you may want to watch another video on managing trades that Gail posted on using bar by bar analysis.

About Gail Mercer

Gail Mercer, Founder of TradersHelpDesk, is a highly respected trader, trainer, author, and speaker residing in North Carolina. She has over 15 years of experience in trading and in the development of custom indicators.

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