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I will not be recommending the binary options brain to the binary today readers. With a small sample size and results and an unclear vision for the future and having a very difficult time providing a final conclusion.
It will be best if we take a few months and see if the binary options community has something they would like to say about the system. I hope that you have a great start to your trading week today. I am a full time trader and entrepreneur. I've been involved in both binary options and Forex trading for many years.
During this time, I've created and sold over 20 different trading tools. I believe in both short and long term goals, using a multitude of different strategies in order to achieve them. Save my name, email, and website in this browser for the next time I comment.
Quite often, that person will quit trading entirely, and warn others off of it, saying that it is an unhealthy activity. Of course, the only truly unhealthy activity that kind of trader partakes in is forgoing sleep. Sleep is absolutely essential to the functionality of both your body and mind. When you are sleep deprived, you feel tired, achy, anxious, and weak. Moreover, you often feel like you are looking at the world through a fog. You deal with delayed reaction times, forgetfulness, and bad judgment calls.
The state of sleep deprivation is very similar to the state of inebriation. Would you ever trade while drunk? If your answer is no and I certainly hope it is , then you should never trade while sleep deprived. Get a full eight to ten hours of sleep every night.
If you miss out on sleep, considering skipping out of trading until the next day when you are feeling more rested. Like sleep, leisure time often falls by the wayside for traders. This is understandable, but not necessarily wise. You probably work a full time job already, which takes up nine hours of your day. Throw in meals and sleep, and you are probably only left with a few hours each day to work on trading, plus your weekends. Trying to start up a business trading during these scarce hours is very difficult.
There is no denying that fact. It is even harder because you have already used up so much of your energy and focus on other activities. After all, making money is more important, right? After you do, you will have all the time in the world. It is true there are times in your life you may have to put work first, and put your leisure activities on the back-burner.
And maybe this is one of them. But be wary about doing this for an extended time period. Work can easily turn into an addiction. Even if you fill your weekday hours with trading, and you may spend part of the weekend studying binary options, it is essential to set aside at least a few hours, if not a full day, for other things. Doing this frees up your mind to explore other activities and ideas.
This is not only very healthy, but can actually help with your trading in the long run. A lot of our biggest steps forward come not from staring at the same thing for days and days, but by setting it aside and doing something else. Different links form in our minds, and we are able to look at something old in a new way, based on what we learned from some other activity.
Your leisure activities may very well help you bridge connections in trading activities you are struggling with. One other thing that I hear a lot of traders talking about, and usually regretting, is the loss of a social life because of trading. Binary options trading tends to take up a lot of time, as I just discussed, which can start to crowd out other obligations, including your commitments to other people.
This might include a spouse or significant other, family members, and your friends. At first, you might not think that this is going to be a big deal, but as time goes on, you may start to notice that you have lost touch with people around you—and that they have started to realize that they are not a priority for you.
At that point, you may cease to be a priority for them. It is a very bad idea to let your social life get away from you in the pursuit of riches.
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