These fundamental factors are things like interest rates, GDP, inflation and balance of payments when looking at Forex. When you have had a period of losses, this could merely be temporary. Similarly, because the demo account is free, you can open as many as you like with other brokers. There are a number of factors that goes into pricing these options. These are technical strategies and fundamental strategies. It is based in the belief that trends follow the same pattern with regularity. This is sometimes not as a result of your trading but due to abnormal market conditions. This should also not be a reason for you to throw in the towel. What this implies is that traders are rewarded more in profit for taking more risk. This means that you will need to brush up on your knowledge of basic economic principles as well as how various factors impact on asset classes.
Trading is a never ending learning experience with opportunities to refine or adapt your method at every corner. This should not deter you from trading any further. Markets often tend to revert to a mean and a long term trend line. Every trader is looking for the edge. However, in order to trade binary options profitably, the underlying theory behind it is not really required. Fundamental analysis is the study of the underlying economic factors behind the asset. It is merely required that a binary options trader knows what could move the needle and impact on the price of the asset while they are trading.