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 main quality of a successful trader?

Level-headedness

Decisiveness

Risk-taking

Self-control

Correct! Wrong!

What is the first of the worst mistakes when trading?

Trading on a very short timeframe

Not having a clear strategy

Lack of risk management

Trading with a licensed broker

Correct! Wrong!

Why do most trading systems offered by brokers not work?

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

The brokers are not reputable.

The ideas are not brilliant.

The systems are offered for free.

Correct! Wrong!

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

Withdraw small amounts of money over time

Withdraw large amounts of money over time

Withdraw all of your money at once

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

Correct! Wrong!

What is the primary goal of a broker?

To give you huge bonuses

To keep you trading, trading big, and risking

To provide you with a risk-free trade

To make you a successful trader

Correct! Wrong!

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

It is not required, and is not recommended

All binary options brokers are licensed

Binary options brokers are only licensed in the EU/USA

It is not required, but is recommended

Correct! Wrong!

FREE Binary Trading Facts Questions and Answers

Why do some strategies offered by brokers eventually stop working?

What is the main quality of a successful trader?

What is the first of the worst mistakes when trading?

Why do most trading systems offered by brokers not work?

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

What is the primary goal of a broker?

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

FREE Binary Trading Strategies Questions and Answers

FREE Binary Trading Essentials Questions and Answers

Why do some strategies offered by brokers eventually stop working?

What is the main quality of a successful trader?

What is the first of the worst mistakes when trading?

Why do most trading systems offered by brokers not work?

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

What is the primary goal of a broker?

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

Premium Tests $49/moFREE December-2024

Premium Tests $49/mo
FREE December-2024