I sometimes get messages from desperate new traders who say they just lost some huge sum of money on the market, and that they need help.
Please avoid this mistake: DO NOT TRADE LARGE SUMS OF YOUR OWN MONEY.
If you losing $5,000 would hurt, then you need to deposit only $500.
Likewise, if losing $500 would hurt you, then you need to deposit only $50.00!
The goal in trading is to get to a point where you are trading the money you have won on the market. The quicker you can get to this point, the better your trading decisions will be. Only deposit, and therefore trade off of, what you would spend on a Saturday night out or a weekend vacation. I know many of you are desperate to better your lives financially, but no matter how good your strategy is, resist the temptation to risk large sums of your own hard earned money.
Please avoid this mistake: DO NOT TRADE LARGE SUMS OF YOUR OWN MONEY.
If you losing $5,000 would hurt, then you need to deposit only $500.
Likewise, if losing $500 would hurt you, then you need to deposit only $50.00!
The goal in trading is to get to a point where you are trading the money you have won on the market. The quicker you can get to this point, the better your trading decisions will be. Only deposit, and therefore trade off of, what you would spend on a Saturday night out or a weekend vacation. I know many of you are desperate to better your lives financially, but no matter how good your strategy is, resist the temptation to risk large sums of your own hard earned money.
Binary Options Trader