HOW I MISTAKENLY MADE $490,65 INSTEAD OF $100

(HOW YOU CAN AVOID DOING THE SAME TOO)

 

Image

 

Quarantine became a blessing in disguise for some people, myself included, I have been exposed to a lot of people
who have been complaining about not having money during these trying times, one thing I have learnt ever since the start of COVID 19 is there are two types of people, well traders! the one's that complain about the Markets moving sideways and the one's that aim to make $uch ... and end up making $uch, well that's me, I mistakenly took an account from $10 to $490,65 ...

 

whoa!. Where is my mistake in this? I was aiming to grow this account from $10 to $100 in just a week, but I ended up seeing $490,65 in my account balance, you probably wondering how?

 

Well, before I explain, I spent most of my life thinking I suck when it comes to trading binary options, and I was sooo
wrong!, I have been trading using 'bad binary options brokers', I mean, brokers that manipulated my trades, traded against me and had very late executions, fast executions are everything when it comes Binary options, but that is all in the past now, I am happy with Olymp trade.

 

Sorry before I forget let me stop going off the topic, I mistakenly took an account from $10 to $490,65 in just 6 days
while the goal was to take it to $100, that was my biggest mistake, why? I got to $100 in just 2 days and that is where I started increasing my capital, I started risking 40% of my account on every executed trade instead of 10%, well the tricky thing about Binary is your minimum risk percentage is 10% if you have $10 account and you execute a $1 trade, it means you risked 10%, why am I calling this a mistake? It could have costed me, over trading is very bad my dear friend.

 

I risked more when I reached $100 mark but I made sure that I never go against my trading strategy, I kept the
emotional discipline and I was so patient, the only problem was my risk though I got 85% of my trades correct hence I
reached $490,65. but all that has changed now, after this incident, I decided to deposit $30 and received a 100% bonus,
I took this $60 account to $3,141 in just 3 weeks using proper risk management of not risking more than 10% on each executed trade, If I can do this, then what is stopping you from doing the same?

 

What is that one secrete that professional traders that make money actually apply and you don't? None! ... this is 90% psychological and 10% technical, you can lose 65% of your trades but your account still grow, you want to know why? RISK MANAGEMENT!!! Maximize your profits and minimize your losses.

 

Ohh! and again, good broker also contributes to the success of the trader, hence why I chose Olymp trade , they have fast withdrawals and no withdrawal and deposit fees, fast trade executions, no manipulation and their platform is very user friendly.

 

Try to apply all the things that I have mentioned my friend and see how it goes (PROPER RISK MANAGEMENT, AND PATIENCE) and the good part is you don't have to start with huge amounts, $10 is a good start, and $30 is also a good start also since you will receive a 100% deposit bonus, I capitalized on the bonus to grow my account from $60 to over $3000 In just 3 weeks, challenge your trading potential and stop blowing accounts, I just gave you an insight on how to remain profitable.

TRY OLYMP TRADE

            DEPOSIT USING DIFFERENT PAYMENT METHODS

Image

In South Africa I recommend Olymp Trade customers use Visa bank cards, and also Neteller  e-wallet. Pay your special attention to Neteller as in this digital payment systems the process of funds withdrawal is carried out as quickly as possible

 

But you can always opt for any payment method but I prefer Neteller and Mastercard bank cards because of their efficiency.

TRY OUT OLYMP TRADE