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A binary option is a market where a trader either earns a considerable profit or loses their investment. It’s an all-or-nothing kind of trading market.
So, even if you have a good knowledge of options trading, it’s better to fix an amount you want to trade.
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How much should you invest?
Fixing an amount is the right way of trading in this moving market. But how much amount should you keep for trading? The trading amount differs for each trader because everyone cannot handle a similar amount of loss.
You should never invest a considerable amount in binary options trading because you can either win or lose all the amount. Also, it would be best if you did not treat binary options trading as your savings. Additionally, this market is not a reliable option for earning for your future.
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