BINOMO

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WHAT IS BINOMO
Binomo is an online trading broker of CFD´s , Forex and Crypto currencies that was launched on 2014 and its currently regulated and licensed by the FMRRC You can use Binomo by either downloading the app from google play on your android mobile telephone or accessing it via internet browser from your laptop or personal computer. Binomo gives yo the chance to trade with CFD´s (contracts for difference) and Forex. In Binomo you can use currency pairs to trade with like USD and EUR or CAD and NZD but Binomo specialises in using Crypto currency for trading. The best thing about Binomo is the demo account that its provided to all the new users. With this account one will be able to try out how the platform works with 1000 virtual $. ( this is great if you are starting with online trading)


 
HOW DO I MAKE PROFIT?
  1. Stick to your plans and trading strategies We will never stop repeating this, because this is important. No plan – no system – no profit. If there is a plan, it will be profitable.
  2. The more money you have, the easier it is to trade If you lose $ 10 when you have $ 1,000 in your account, you are not too upset and will continue to act as intended. And if there are only $ 50 in your account, this can get you upset and hence lead to mistakes, and potentially lose all your money in your account. That is not to mention the fact that in the first case, you have 100 attempts to fix the situation, and in the second case – you only have 4 attempts. A simple math.
  3. Make market analysis carefully before and after the transaction
    And you need to analyze when it is profitable, and when you lose: you need to understand how to repeat success and how to avoid repeating mistakes.

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