I would like to tell you about my problem, & it would be great if someone can share with me if they have faced the same issue or is there a solution to it.
I have started trading binary options 2 months ago with a very small amount 12$. it was good at the beginning I made steady progress with only 2$ per trade i was able to reach 28$ in a week (max 2 trades per day). my strategy was simple 2 to 5 min timeframe using Bollinger + rsi for signals, then my losses became more than my wins and i returned to my initial 12$, then i was able to recover a bit but always stuck at 18/20$, i withdraw my initial 12$ so that i don't lose my own money. now i only have 3$ left to trade with. i feel like im always going to be stuck in this situation where i make some profits and then wipe them out with 2 or 3 losses. is it my strategy ? is it my timing ? (i'm pretty sure that i always enter trades at the optimal time), could you please let me know your views ?