Know what time should you not trade on binary options. 

If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.

Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. That's why they're called binary options—because there is no other settlement possible.

Traders place trades based on whether they believe the answer is yes or no, making it one of the simplest financial assets to trade. This simplicity has resulted in broad appeal among traders and newcomers to the financial markets. As simple as it may seem, traders should fully understand WHEN to TRADE and When NOT TO Trade!

Here are some major days to AVOID Trading on Binary Options:

1. Weekends i.e. Saturday and Sunday 




Skip The Weekend

Avoid trading over the weekend. When a market closes and then re-opens a couple of days later, there is a lot which takes place in real life during the days when the market is closed and no one is trading.

There are traders who trade during weekends and make profits as well but the fact is hidden. If you dig inside and check, majority of trades are in negatives. Hence, I recommend to avoid weekend always.

2. Days When there is a Long Wait for Signals





When you have to pause, think again and again to find a good position for a long time, say 15 minutes, 30 minutes, 45 minutes etc, it is better to pass on that trade.

Immediately find a different currency/stock/indices/commodities to trade.

3. When Market Not in Favor




STOP trading on days, when you get constant negative trades.

You can always decide the number of trades you wanted to place in a single trading session. It could be any, say 5-10 so if you have 5 constant losses, STOP!

4. Too High, Too Low

High Volalitity


When market is too high or too low, which means high volatility, you should not trade that day.

5. MOST IMPORTANT - If you have PERSONAL, JOB, or HEALTH ISSUES



If you are not well, your mind is not well and in this situation, you are not focused on Money Management or your trading goals. In such cases, you should always avoid opening the trading platform.

If there is any hassle, tension or over burden in your job. Never switch your mind towards trading. Your mind may stuck in between your pending job burden and can drain your brain that may cause your a huge loss of funds in trading.

If you are not HAPPY in our personal life because of whatever reason it could be, you should not go ahead with the trading. It's a sign of RED SIGNAL which will ONLY bring LOSS to you. No matter how good or bad the market is.

NEVER TRADE IN STRESS

Always avoid unnecessary stress.

This is one of those trading tips that sounds really obvious - because it really is.

Try not to trade when you are under stress. Since this may lead you to irrational actions. Decisions made in this state can cost you money.

Therefore, identify the source of your stress and try to eliminate it or at least limit its impact on you. Take a deep breath and focus on something else.

Everyone has his own way of coping with stress: some listen to classical music, others exercise. Listen to your inner voice and choose what suits you best.