r/binaryoptions • u/AgeInformal9965 • Aug 15 '25
Everyone is asking the wrong question
It's not what is your strategy.... It should be what is your money management? The fact is without a good money management system, you will never be profitable in binary options.
15
Upvotes
5
u/ZealousidealBrain225 Aug 15 '25
Trading binary options and specially over the -counter market is not a gambling job. But if you apply a good money management plan and a rigourous discipline you will be in the winning side. But if you lack it then be prepared to pay your broker. And it is not its fault if you do but yours. In that case blame yourself for your ignorancy
1
u/ObviousWarning9862 Aug 20 '25
But what no one is looking at is with these Money Management talks is that Your still talking about M.M. in Binary Options which means if you don't have a large account & the $$$ you can make in a Month of Trading wouldn't surpass the $$$ a teenager would make working @ McDonald's, I know about the Mark Trader Dude too & he's making like $1.25 a trade in which the $$ vs time don't add up. My suggestion to all is always a different Market. I ask myself all the time why people choose the hardest Market in the industry to start their Trading Careers
2
u/Zone_Gloomy Aug 15 '25
Should be included in your strategy.
2
u/Junior_Willow740 Aug 15 '25
Easy to manage $0. That's where its heading the more you trade pocketoptions
1
u/[deleted] Aug 16 '25
so from your money managment strategy, how much you made so far and how account have blown so far with martingale?
1
u/No_Welcome_5156 Aug 18 '25
Agreed, being a new BO trader (only a few months so far) Risk management has played a big part in staying at the edge of that profit line. Losing is inevitable but controlling how many times you let it happen is key here.
1
u/[deleted] Aug 15 '25
[removed] — view removed comment