What does the tiger teach us About binary options?

Professional binary options trader . Bring a lot of characteristics and action style similar to “king of the jungle”. Tigers give them a lot of great metaphors in the binary options market.

Why are tigers called lords of the jungle?

In addition to being superior in strength, they also have a hunting strategy. Patiently stalking and waiting. When choosing the right prey it will act extremely decisive and “ruthless” with hunting skills.

So in this post, I will share some of my observations about tigers. From there it helps us to be more successful on the path of binary options trading.

Cruel, undeterred, and without hesitation

Binary options traders need to be like a tiger. Follow your strategy, binary trading approach. You cannot flinch or get discouraged after losing one, two or three orders in a row. This is not the mindset of a successful binary trader.

I understand that during the first time of studying and practicing, everyone feels the mind is always wavering. This is obvious, because most people fail with binary options. Many people lose a lot of money because of it and they think binary options are a scam. It is easy to flinch, especially when following the method but still having consecutive losing orders.

Be “ruthless” and firmly enter the command

With the method you have, act immediately without hesitation. Not because I lost several orders in a row, but I was shaking my hands and dared not enter.

Look at the tigers and learn from them: Cruel and no hesitation.

Always adaptable

Tigers adapt very well, to survive every animal needs to be able to adapt. Tigers hunt all kinds of prey: From antelopes, ponies, even elephants or even humans. It will not starve to death because it cannot find its familiar prey. The tiger will find new prey or move to somewhere where there is not more food.

As a trader, you also need to adapt yourself to the types of the market. The market does not always have a clear trend. They are always changing. If you don’t have a method for yourself to find high-probability winning opportunities in all types of markets then it is unlikely to survive.

Even if you have a method in place, you need to adapt to each market. I don’t mean you change them, you keep the core. But there is a need to change factors in different markets. You know what I mean?

Hunting has strategy and skill

I love watching the clip on Youtube about tigers of prey. They learn hunting skills and strategies from their parents. Do it over and over again. Tigers do not hunt in the “gambling” style. The tiger does not prey on impulse, because those things have to do with its survival.

You cannot “gamble” on the market and dream. The survival of a professional binary trader is based on strategy and skill. They do it consistently, over and over. You need to be if you want to make money on binary options.

Focus on easy-to-eat prey

One key point in a tiger’s hunting strategy is that they find the easiest prey. Both increase the likelihood of success while minimizing the risk of injury. The tigers stalk the weakest prey of the pack. The ones that are too old, too young or sick with a limp. That is the best chance of success for it to chase and risk its own life when running into wild animals. The tiger understands it very well and it is ready to wait patiently.

Watch to get them

Learn tigers, observe patiently and wait for really good opportunities in the market. There are associations that when you look at you, you feel in your body a trick saying: “If this order does not come in, what command will there be? And remember, there are not many opportunities like this. Not every day there are a few orders or every week. Focus on a daily candle, a high certainty candle, or H4. Trade well with these two candles before thinking of trading on H1 candles. If you are trading below the H1 candlestick, like the M30-15, then you may need more time to experience it yourself.

Conserve energy

Why do tigers often lie down and sleep so much? Not because they are lazy, but because they are storing up energy for the next hunt. So when they see an “easy to slash” animal, they have enough strength and energy to catch. The tiger does not have to keep seeing any prey and chase it. They store energy just to chase away the weakest and most likely to catch.

As a binary option trader, we can consider our strongest prey to be our worst opportunities. Year-to-year opportunities lose. These are also the opportunities that when you enter the order you know yourself that you are actually gambling. They do not let you throw your bloody money in to risk the market. Not worth your energy.

If you waste money and energy on uncertain opportunities, by the time an opportunity with a high probability of winning appears, you won’t have much money to trade.

Always stick to prey

Tigers never let their prey escape once they have caught it. They ensure capture by jumping on the prey and biting its neck. The tiger eats it all and vigorously, resolutely, fiercely drives away the scavengers like hyenas.

You need to protect your results from other deals. And before the market, do not fall into the situation of quickly returning profits to the market.

For example , you need to look out for hard support and resistance points. Take profits before them because the possibility that the market will get there and turn around is very high.

You can also protect profits by not trading too much. Or don’t trade chances with a low probability of winning. Please keep your “spoils” carefully, observe patiently and wait for the next opportunity. Feel free to go to sleep, don’t stare at the screen. Keep yourself energized and resilient like tigers, waiting for easy-to-eat prey.

Know the risks and benefits

We have a sense of this. The tiger does not hunt unless it is confident it will win a hearty meal. That result is the consumption of energy and its lives.

It is not risky with difficult prey, it knows how to wait and stalk weak prey. The tiger can tolerate hunger very well and it knows when to hunt and when not.

You need to avoid taking unnecessary risks when entering “ridiculous” orders. Store energy, money for really good opportunities and profit from them.

Before knowing how to hunt tigers, it took a lot of time to observe and learn from their parents how to hunt. As a binary options trader you also need to learn very carefully before making any deposits.

Binary trading is work you can do for a lifetime, don’t be impatient. Don’t listen to other people drawing on how much money they make and how fast they are. Always keep in mind that  most participants are at a loss .

You need to be calm and hone your skills. Then over time you will trade better over time and make more money. In many cases, a tiger was killed by buffaloes. No matter how confident you are in your health, you are subjective or do not trade disciplined. You can all lose everything.

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