You could lose all or most of your money in an instant if you are careless or greedy. As such, the concept of risk management is one that every binary options trader should take very seriously.The generally accepted risk management rule adopted universally by professional traders is that no more than 5 of the account size should be exposed to the market at any given point in time. What this simply means, is that if you have a 1000 binary options account, you should not have more than 50 in the market at any given time. Trading anything more than this is extremely risky, especially as binary options is an all or none type of market.When trades go against you, keeping a lid on your emotions, and maintaining a cool head, can give you an unbeatable edge.Lets take a look at the psychology of winning and losing. Say you lose out on a trade (that has not gone according to your predictions), the natural reaction is to double down on the next trade to try to make up for your losses immediately. A big mistake. You have to stay calm and stick to your plan. The same thing applies when you win.Dont get over-confident and try to ride your luck. Luck doesnt exist. Your strategy does.When investing, it is important to take the time to understand the various tactics one can implement to maximize their returns. Before an individual starts trading, it is worthwhile to understand the various binary options trading strategies that are available.Trading strategies involve developing a set of rules that assist an investor in making their trading decisions. Although binary options provide a simple platform for trading, developing binary options trading strategies is still an important exercise. Taking the time to understand the different methods available for achieving your financial objectives, helps identify unique ways of optimizing your strategy.When youre first starting out, dont go crazy and start buying binary options that you dont know anything of. Its better to start with commodities or currencies that you actually know something about, as this gives you a bit of an edge. Many people start off with the most popular types of options, such as the EUR/USD for currencies or GOLD for commodities.Binary options trading involves trading several assets and making money based on the outcome of the price direction.Some of these assets are traded on a 24-hour basis: here we have currencies, commodities and stock indices. Stocks are not usually traded on a 24-hour basis. The trading hours of a stock market determine the times at which a stock listed in that market is traded.Trading works best when the market is bubbling with activity from traders all over the world. When there is good trader activity in the market, it generates the liquidity and volatility needed for the underlying asset to get to its target before the option expires.Even though assets like currencies and commodities are supposed to be 24-hour markets, there are only certain times of the day when the market activity is at its maximum. This is usually when we have an overlap of the trading zones of the world.HIGH RISK INVESTMENT WARNING: 365trading is operated by Fidelisco Capital Markets Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license no. 181/12 and is located at Stassinos Building, 2nd Floor, Ayias Elenis 2, 1060, Nicosia, Cyprus. Trading Binary Options may incur a high level of risk and can result in the loss of all your invested capital. Therefore it may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary. Please read our full Risk Disclosure Statement.The software you have just seen in the video is the main module of my Binary Options Beast system. Actually youre going to get much more than that. In order to make the system truly universal which can work with vast range of expiry times and trading instruments, I programmed additional modules which can be used as separate systems or as tools for additional confirmation of signals.This piece of software not only shows you important info on current market situation but it also provides you with signals which you can choose to receive to your email or phone. I teach how to work with the software in the trading guide which you will receive with your copy of the software.Now look at the screenshot above. This is that arrow indicator but used in combination with a very unique tool of my system called Beast Price Filter. This is a special price filter indicator which can be used with any time frame. You can increase your win ratio if youre using it as a filter for arrows. I always like using it because the filter indicator is very accurate and also IT DOES NOT REPAINT I deliberately showed to you a M1 chart because the combination of the arrow signals and the price fitler indicator provides great 60 second signals.As you can see my strategy provides you with the opportunity to trade the vast variety of options time expiries. It does not matter what type of trader you are. It does not matter if you prefer short term or long term trading ndash my system will help you with all your tasks. The expiry range is from 60 seconds up to daily expiry. This is the range 99 of traders are using. Actually you can try trading even longer expiry but there is no need to do this as there will be very few signals on such long distances if your expiry is more than one day. Moreover why waiting for so long if you can make money within a day, several hours or minutes only You can trade any financial instrument be it currency, metals, indices or stocks.And remember, all my indicators can provide you with all kind of signal alerts which simplifies your trading greatly. When you have a signal, they will alert you with sound, pop up message window, email to your inbox and even will send you a SMS to your phone.What started out as a hobby, worked out to be something that brought lasting changes to my life. As a housewife, I didnt have a lot to do when I wasnt keeping the house up, cooking for my family or taking care of the kids.