Binary Trading Facts Q&A

What is the main quality of a successful trader?

Decisiveness

Level-headedness

Risk-taking

Self-control

Correct! Wrong!

What is the primary goal of a broker?

To provide you with a risk-free trade

To give you huge bonuses

To keep you trading, trading big, and risking

To make you a successful trader

Correct! Wrong!

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

It is not required, but is recommended

It is not required, and is not recommended

Binary options brokers are only licensed in the EU/USA

All binary options brokers are licensed

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 all of your money at once

Withdraw large amounts of money over time

Correct! Wrong!

Why do some strategies offered by brokers eventually stop working?

Because the markets are unpredictable

Because the strategy is not well designed

Because many traders copy them

Because the broker wants you to lose

Correct! Wrong!

Why do most trading systems offered by brokers not work?

The brokers are not reputable.

The systems are offered for free.

The ideas are not brilliant.

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

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!

FREE Binary Trading Facts Questions and Answers

What is the main quality of a successful trader?

What is the primary goal of a broker?

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

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

Why do some strategies offered by brokers eventually stop working?

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

FREE Binary Trading Strategies Questions and Answers

FREE Binary Trading Essentials Questions and Answers

What is the main quality of a successful trader?

What is the primary goal of a broker?

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

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

Why do some strategies offered by brokers eventually stop working?

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

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