When the markets don't move in the way we expect, it's easy to let bad results affect rational thought processes. Trading when you've just suffered a significant hit can be dangerous, as you might be tempted to take much larger risks in order to try and regain lost funds.
If you keep abreast of what’s going on in the world, your chances of being able to respond quickly to events that provoke short-term trends in a market is likely to be greater. Such global events are open to interpretation, of course, so it’s up to you to read the market correctly and it’s far from impossible for the market to move in a different direction than you expected. For example, if the Governor of the Bank of England makes a positive statement about the strength of Sterling and the UK currency begins to rise, the possibility is strong that the Pound will continue to go up in the near-term. However, that’s certainly no indication that GBP will rise ad-infinitum. A fresh event could result in the Euro beginning to fall instead. To conclude, it’s fair to say that while several strategies for trading binary options are available, none will guarantee success. Be aware that they exist and use them when making your trading decisions, but consider their limitations.