Binary options how i made demo account australia

If you notice your style works better for long-term trades (as in you make better predictions for the long-term, rather than short-term), then dont waste your time and money with short-term trades. If you know just enough about multiple strategies to enact them, rather than be almost guaranteed success with them, you likely wont make much of a profit as a trader.

However, if you really work on one strategy until youre a complete master of it, then you are more likely to maximize your profits. If you change your strategy too frequently, youll see your trading career suffer due to lack of skill with that particular strategy.