Trading guide for binary options strategies and tactics bloomberg financial
No matter how good you are at predicting price moves, no trader gets its right every time. The trick with binary options trading is to ensure that when losses do occur, they are small enough that you still have enough money in your trading account to live another day - and hopefully win back your money. Nothing clouds a traders judgement like greed or desperation, so try and never put yourself in a position where the outcome of a trade is make or break.
The Kelly criterion One money-management strategy that is popular with binary options traders is the Kelly criterion, or Kelly system - a mathematical formula designed to minimise risk and maximise profits.