There are three elements of trading you must master if you want to make profit trading binary options. The first skill you need to master is winning trades. There is not one perfect trading strategy and you can learn and use several, but you will need to master at least one. First, it is important to master a single strategy and get to know the strategy so you can consistently win trades. It’s also good to study and test every strategy so you get a feel for how the charts move and how the different indicators work.