Just like spot trading there a long and arduous path to achieving success trading binarys. It is further complicated by the fact that you are in a genuine adversarial contest with whomever your dealer may be.Your gain is their loss and vice/versa. In addition they control the order board and have many devious, yet ostensibly legal remedies to insure their profits, ( I could enumerate many but time and space limit my input). Most importantly, at the outset of your binary trading they have the very experience that you lack which can make a major difference in determining your initial outcomes. Furthermore ,regulatory oversight by whomever their governmental regulators may be and in whatever legal jurisdiction they reside appears to be scant at best to nonexistent at worst. A daunting scenario, nevertheless, one that can be overcome by virtue of the application of your very best cognitive and creative abilities ,persistence and perseverance whilst on the learning curve in the face of continuing losses.My advice ( for whatever its worth ) Don't start capriciously, thinking its an easy shot. If you do start , bear in mind its a long and expensive journey but very rewarding at journeys end. I am available on this forum or by private message to answer any specific question regarding binary trading that you may have or to otherwise assist you in any way possible.--EB