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Day Trading And Swing Trading With Binary Options

binary optionsIf you like to day trade and swing trade, then this could be a good way of organizing and indeed improving your trading results.

Short term day trades, typically lasting a few minutes or hours could benefit from being kept apart from your swing trades, which typically last for a few days. The various brokers offer binary bets that are suited to short term and longer term trades and it could be a good idea to use one broker for day trading and another for your swing trading.

Keeping Your Trades Apart

If you have short and medium term trades open at the same time in the same account they can cloud your judgement and affect your trading decisions. For instance if you have swing trades that are under water it may make you hesitant to take a day trade, even if it was well planned and fits with your strategy. Using one broker account for day trades and another for your longer term positions is a good way to keep them separate and keep your trading decisions clear and to plan.

Binary Options Brokers for Short Term Trades

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