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Plan on trading on Binomo

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In most of the books on transactional psychology, you may find the following idea: “Planning will solve most of the problems.” This eliminates the enemy as fear and emotion – these are the main reasons for up to 50% of losses.

What you need to plan when playing Binomo:

  • Short-term and long-term trading targets: “I want to raise over 5% of my monthly capital and I would not expect a large amount of money,” or “As long as I raise the amount twice, deal”
  • Choose an appropriate strategy and strategic compliance in all aspects. Write out a trading plan and put it in front of you
  • Create the money management rules set aside for you (maximum transaction amount, profit and loss the biggest of the day)
  • Keep track of the most important news. Stop the transaction half an hour before an important news is announced
  • Failure Analysis. To do this, start writing the trader’s diary (you can find the example form in this article).

Now are you ready? Then take your chance!

 

After reading this article you do not have a BINOMO account, please click on the register button below to create your account right now.

Join Binomo

 

Wish you are a successful investor!

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