For binary options trading, one of the most important parameter is defining the ‘risk and reward profile’.
Although automated binary trading results in a huge success rate, it is never near hundred percent, nor can anyone guarantee that it will be effective to any given percentage. Therefore, if you have achieved a good understanding of trading with binary options and know how to read the market, and you have a day job to run as well, trading binary options through auto trader will be wise way to enhance your wealth.
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By way of its structure, binary options inherently restrict the level of possible losses in a trade.
Establishing risk reward protocol dictates the system how much negative and positive exposure you are willing to take in an active trade.
However, successful binary options auto trading have been known to give constant results of above 50% of success rate, often crossing 80% success rates as well. Therefore, automated trading does a lot of logical thinking for you and consider a lot of variables that won’t be possible for you to do, and it also rids you off the human emotions that may put you off from making correct decisions.
Even though trading is automated, the trader has the right to over-ride any position and end, or change the rules at any instance.
It is very common to lose your head and make a u-turn while trading when you see prices moving haywire, despite a right decision.
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