Binary Trading Facts - Practice Test Geeks

Withdraw all of your money at once

Withdraw large amounts of money over time

Withdraw small amounts of money over time

Withdraw a certain amount of money, stay cool and stand firm.

Correct! Wrong!

All binary options brokers are licensed

Binary options brokers are only licensed in the EU/USA

It is not required, but is recommended

It is not required, and is not recommended

Correct! Wrong!

Self-control

Risk-taking

Level-headedness

Decisiveness

Correct! Wrong!

Trading on a very short timeframe

Lack of risk management

Trading with a licensed broker

Not having a clear strategy

Correct! Wrong!

The ideas are not brilliant.

The brokers are not reputable.

The ideas may have been brilliant at first, but they no longer work in the current market conditions.

The systems are offered for free.

Correct! Wrong!

To keep you trading, trading big, and risking

To make you a successful trader

To provide you with a risk-free trade

To give you huge bonuses

Correct! Wrong!

Because the broker wants you to lose

Because the markets are unpredictable

Because the strategy is not well designed

Because many traders copy them

Correct! Wrong!