Binary Trading Facts - Practice Test Geeks

Withdraw all of your money at once

Withdraw large amounts of money over time

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

Withdraw small amounts of money over time

Correct! Wrong!

Trading on a very short timeframe

Trading with a licensed broker

Lack of risk management

Not having a clear strategy

Correct! Wrong!

Decisiveness

Level-headedness

Self-control

Risk-taking

Correct! Wrong!

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!

Because many traders copy them

Because the strategy is not well designed

Because the markets are unpredictable

Because the broker wants you to lose

Correct! Wrong!

To give you huge bonuses

To make you a successful trader

To provide you with a risk-free trade

To keep you trading, trading big, and risking

Correct! Wrong!

Binary options brokers are only licensed in the EU/USA

It is not required, and is not recommended

All binary options brokers are licensed

It is not required, but is recommended

Correct! Wrong!