Binary Trading Facts Q&A

What is the primary goal of a broker?

To keep you trading, trading big, and risking

To give you huge bonuses

To make you a successful trader

To provide you with a risk-free trade

Correct! Wrong!

What is the best way to withdraw money from your bank?

Withdraw small amounts of money over time

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

Withdraw large amounts of money over time

Withdraw all of your money at once

Correct! Wrong!

Why do most trading systems offered by brokers not work?

The brokers are not reputable.

The ideas are not brilliant.

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!

What is the first of the worst mistakes when trading?

Lack of risk management

Trading on a very short timeframe

Trading with a licensed broker

Not having a clear strategy

Correct! Wrong!

Is it required for a binary options broker to be licensed?

All binary options brokers are licensed

It is not required, and is not recommended

Binary options brokers are only licensed in the EU/USA

It is not required, but is recommended

Correct! Wrong!

What is the main quality of a successful trader?

Risk-taking

Level-headedness

Self-control

Decisiveness

Correct! Wrong!

Why do some strategies offered by brokers eventually stop working?

Because the broker wants you to lose

Because the strategy is not well designed

Because the markets are unpredictable

Because many traders copy them

Correct! Wrong!

FREE Binary Trading Facts Questions and Answers

What is the primary goal of a broker?

What is the best way to withdraw money from your bank?

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

Is it required for a binary options broker to be licensed?

What is the main quality of a successful trader?

Why do some strategies offered by brokers eventually stop working?

FREE Binary Trading Strategies Questions and Answers

FREE Binary Trading Essentials Questions and Answers

What is the primary goal of a broker?

What is the best way to withdraw money from your bank?

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

Is it required for a binary options broker to be licensed?

What is the main quality of a successful trader?

Why do some strategies offered by brokers eventually stop working?

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