Binary Trading Facts Q&A

Why do most trading systems offered by brokers not work?

The brokers are not reputable.

The systems are offered for free.

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

The ideas are not brilliant.

Correct! Wrong!

What is the first of the worst mistakes when trading?

Trading with a licensed broker

Not having a clear strategy

Lack of risk management

Trading on a very short timeframe

Correct! Wrong!

What is the main quality of a successful trader?

Self-control

Decisiveness

Level-headedness

Risk-taking

Correct! Wrong!

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

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

Withdraw all of your money at once

Correct! Wrong!

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

All binary options brokers are licensed

Binary options brokers are only licensed in the EU/USA

It is not required, and is not recommended

It is not required, but is recommended

Correct! Wrong!

What is the primary goal of a broker?

To give you huge bonuses

To provide you with a risk-free trade

To keep you trading, trading big, and risking

To make you a successful trader

Correct! Wrong!

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!

FREE Binary Trading Facts Questions and Answers

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

What is the main quality of a successful trader?

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

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

What is the primary goal of a broker?

Why do some strategies offered by brokers eventually stop working?

FREE Binary Trading Strategies Questions and Answers

FREE Binary Trading Essentials Questions and Answers

Why do most trading systems offered by brokers not work?

What is the first of the worst mistakes when trading?

What is the main quality of a successful trader?

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

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

What is the primary goal of a broker?

Why do some strategies offered by brokers eventually stop working?

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