Managing a your trade position is an important part of a traders overall risk management. As a binary position moves favorably into unrealized profit, the risk of the position actually increases. This means that taking profits is a big part of actively managing risk. In the video below we discuss how to do this in a simple trade setup.

 

Nadex Risk Disclaimer
Trading on Nadex involves risk, which may result in financial loss, and may not be appropriate for everyone.  Any trading decisions that you may make are solely your responsibility.  The information presented in this webinar is for informational and educational purposes only.  The contents of this webinar are not an offer, or a solicitation of an offer, to buy or sell any particular financial instrument offered on Nadex.  Past performance is not indicative of future results.