Check the current price that you can sell the option for and decide within 3 seconds what you want to do (the price is always on the move due to the market conditions, you can reload though).
Important: availability of the above discussed tools may vary depending on the type of binary options you choose to trade. And we have a very special gift or all the readers: sign up now and get NO RISK trades with BitPlutos! This entry was posted in Articles and tagged bank management, binary option, bitcoin, risk management, roll-over, trading.
In general, BitPlutos is the broker that gives back up to 15% of invested capital in trades that are out of the money (dependent on asset), but if you intend on complying with the risk management rules, you will also need to use other tools which will be discussed below. Double it up – it should compensate for your first loss as the system opens another option with the same direction but a different strike price (the current one).
The proper model of risk management (sometimes called bank management) is something you are expected to consider as soon as you start your binary options trading experience. But what separates those who re-emerge as successful traders from the rest is the ability to control their risk.
We will base our analysis on BitPlutos platform, the very first binary options platform running exclusively on bitcoins.
This is very important, keep that in mind and you should never go bankrupt when trading binary options with BitPlutos, otherwise you will fall prey to what we all want to avoid when trading – gambling.
They are substantially lower than the regular binary options profits but they are pretty much assured. The price you get is also reliant on the market situation and will never be as high as if you waited patiently for your option to expire, but your profits are way more secure this way. Different methods call for different techniques, and different personalities are suited by different money management styles.
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