Binary Options trading advice?

Hi there,

I am currently using OptionFair platform and I made a number of trades, most of them were unsuccessful and I am wondering if you guys can provide advices on being successful at binary options trading.

I would like to know which instrument is the best for binary trading; high/low, one touch or boundary.

How do you determine the price of the stock/pair before making a trade? Such as the chart, news and so on?

Any other advice?

Thanks.

Hi mate,

What I can offer you is to keep up with global financial news, it will help see where the market is heading. I also recommend using the one-hour trades, because it increases the chances that your predictions will be right on, while in long term trading, you know, things can go wrong.
Also don't just throw money away, but plan every future trade carefuly.
I recommend reading about binary trading in advance.

Thank you very much, I will look at the link that you have provided..

learn technical analysis, price action and just trading in general.

go through all of these sites and you should be doing good in however long it takes you to read and go through the material.

babypips.com
informedtrades.com
and get the book Japanese candle stick charting by steve nisin.


also investopedia.com has great resources. This is really all you need right now. The rest of the material will flow to you naturally as you progress.

i would say to keep up with the world news is a very good option. the only thing that worries me is the company you are trading binary options with???? there is only one legal company in the world and if your not using it then your money is not safe!!!
if you would like the details of the company that is legalised please dont hesitate to ask - jpmartin1988@hotmail.co.uk

I agree, keeping up with news flow is very important but I would love to know who you work for.

Only one legal company offering binaries in the world..... Really who is it?

if you email me i will be happy to deal with any questions you may have. please email me with your queries

Haha they are that legit that you are not happy to answer questions on an open forum but would rather people email you on a yahoo address..... Sounds like they are the boys to deal with.