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painofhell
  • Posts: 1381
  • Joined: 25/09/2016
Today, we are going to talk about a method to limit the risk and be performant on Binary Options.
This document is not a technical analysis for Binary Options, it's just a personal method to help people to manage there wallet, stress and time.

* What is a S.M.A.R.T objective ?
S. : specific
M. : Measurable
A. : Ambitious
R. : Relevant
T. : Time-bound

A S.M.A.R.T objective is a management method used on companies to set and measure expected performance of a collaborator.

* What is the relationship with Binary Options ?
I personally use S.M.A.R.T objective to try the Binary Options competition.
It's help me to fixe my objective by day to reach a good rank at the end of the month.
The difficulty on the Binary Options contests is to stay at a good rank all to the end of the competition.
In addition, the wager limit is 1000USD by day, so you are limited and you can just risk this amount.

* What is my method ?
I use a spreadsheet with all open days and for each day I write the account value to reach, and the amount really reached.
Start account : Start to 0 at the month start, and previous final account the other days.
Objective : (Month objective - current account value) / (days count to the mo…
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Elena Watt
  • Posts: 136
  • Joined: 23/04/2020
I am in the Forex Trading, never tried the Binary Options Trading, maybe in the future, I would like to try it someday.
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