Now taking small losses in both Spread betting as well as financial spread betting is all about [inaudible 06:15] you have to do that to make profits, but we want to avoid taking the big losses. If you do suffer a big loss it can really hinder your trading going forward. Psychologically it can hinder you in future trades.

Another big benefits of Binaries is you can catch falling knives. If the market’s falling, for example the recent crash, which I’m going to go over a trade review later on in the webinar, but you can buy extremes when the market’s very oversold or you can sell extremes when the market’s very over bought with a binary in a sort of comfort knowing that your not going to get stopped out.

If the market say fell another 50 points that’s not going to worry you if it rebounded straight away.

>>> Facts to Know About Spread Betting