Binary Trading Facts Q&A

Why do some strategies offered by brokers eventually stop working?

Because the strategy is not well designed

Because the broker wants you to lose

Because the markets are unpredictable

Because many traders copy them

Correct! Wrong!

What is the primary goal of a broker?

To provide you with a risk-free trade

To give you huge bonuses

To make you a successful trader

To keep you trading, trading big, and risking

Correct! Wrong!

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

Withdraw all of your money at once

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

Withdraw large amounts of money over time

Withdraw small amounts of money over time

Correct! Wrong!

What is the first of the worst mistakes when trading?

Not having a clear strategy

Lack of risk management

Trading with a licensed broker

Trading on a very short timeframe

Correct! Wrong!

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

It is not required, and is not recommended

Binary options brokers are only licensed in the EU/USA

All binary options brokers are licensed

It is not required, but is recommended

Correct! Wrong!

Why do most trading systems offered by brokers not work?

The systems are offered for free.

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.

Correct! Wrong!

What is the main quality of a successful trader?

Self-control

Risk-taking

Decisiveness

Level-headedness

Correct! Wrong!

FREE Binary Trading Facts Questions and Answers

Why do some strategies offered by brokers eventually stop working?

What is the primary goal of a broker?

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

What is the first of the worst mistakes when trading?

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

Why do most trading systems offered by brokers not work?

What is the main quality of a successful trader?

FREE Binary Trading Essentials Questions and Answers

FREE Binary Trading Strategies Questions and Answers

Why do some strategies offered by brokers eventually stop working?

What is the primary goal of a broker?

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

What is the first of the worst mistakes when trading?

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

Why do most trading systems offered by brokers not work?

What is the main quality of a successful trader?

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