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Some of the Beneficial Tips to Consider When Dealing With Commodity Binary OptionFor a good number of traders in binary options today, trading commodity binary options is among the most lucrative and attractive trading opportunities available. This is mainly because this option presidents the traders with an array of financial assets to trade in. although there has been a lot of effort by some of the players to introduce commodity binary options to the retail traders, the efforts are yet to bear results. As a result, the retail traders are some of the least traded binary options in the industry today. This may also be attributed to the lack of confidence on the party of the traders, when it comes to trading in these binary options.
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How to Become a Successful Binary Options TraderHere are some useful hints to get you in the proper mindset for successful binary trades:

1) Set a goal of 10% profit as it is both realistic and does not require more than 3 trades. (And yes a profit of 200-300% is possible, but this means you have to bid larger amounts and spend more time trading). Then 10% daily compound profit with a $250 deposit can easily turn into 10K, over three months time.

2) Set a “Stop” limit in place for trading such as “I’ll stop once I hit my 10% profit” or when losing “I’ll stop once my balance hits $_____”

3) Only trade in the 30 minute and 1 hour duration options. Although the 1 minute option is quite tempting, it’s where the biggest losses occur.
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Switzerland Surprisingly Unpegs the FrancOne of the most stabilizing factors of the Euro over the years has been the fact that it was always pegged to a fixed exchange rate with the Swiss franc. Surprisingly, that came to an end recently as the Swiss decided to end this policy. The move resulted in a market shockwave that saw the Euro fall substantially against the Swiss Franc and send the market into unexpected chaos in other areas too.