You must read this guide for reducing, controlling and limiting you risk when trading binaries
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https://youtu.be/sbPpO5ld_Uc
There are also 2 good articles here: http://www.binaryoptions.net/blog/my-basic-thoughts-on-money-management/ and http://www.binaryoptions.net/blog/money-management-part-ii/
Hit me up on skype at Brymcafee (McAllen TX)
www.tradingaxis.com