Education about trading binary options

Daniel Stuart

Junior member
12 0
Hi,
When i started to trade i was looking for information on videos because this is a more effective way for me to learn. I was searching for an education center and one on one discussions with a real broker.
i learn a lot about the importance of actually learning how to trade and not to blindly trade like in a casino. there are special methods and ways to trade in order to increase your income.
This is a very informative site and user friendly, i used it a lot when i started:

https://tradorax.com/trading-basics/

Enjoy making your money!!

Daniel
 

timsk

Legendary member
7,072 1,866
This is appears to be a broker - based in the Marshall Islands and, as far as I can tell, completely unregulated. By anyone! Personally, I wouldn't touch them with the world's longest barge pole.
 

zaysev36

Well-known member
421 15
Well, it's always useful to get to know your enemy, at the very least. Plus, it does look lind of informative. May be worth a look.
 

Mark Spencer

Newbie
4 0
Solid information

:)
Hi,
When i started to trade i was looking for information on videos because this is a more effective way for me to learn. I was searching for an education center and one on one discussions with a real broker.
i learn a lot about the importance of actually learning how to trade and not to blindly trade like in a casino. there are special methods and ways to trade in order to increase your income.
This is a very informative site and user friendly, i used it a lot when i started:

https://tradorax.com/trading-basics/

Enjoy making your money!!

Daniel
 

Aaron Cole

Newbie
6 0
I tried tradorax and found a lot of interesting information like useful trading terminology, trading guides and the best thing that they offer is training sessions with a professional expert. I was looking for platform that gives me special care and it seems like they provide it.
Thank you for the good advise
 

progix

Active member
233 3
Binary option trading can not be learn't without practical experience, it is good you learn some good stuff from internet but practice makes a trader perfect.
 

zaysev36

Well-known member
421 15
Binary option trading can not be learn't without practical experience, it is good you learn some good stuff from internet but practice makes a trader perfect.
Yes, but it's always better to overlearn something than rush into practice without sufficient theoretical base. You should be certain about your actions before putting real money in.
 

Daniel Stuart

Junior member
12 0
Yes, but it's always better to overlearn something than rush into practice without sufficient theoretical base. You should be certain about your actions before putting real money in.
That is exactly right!
You absolutely must learn the theoretical part and really understand it before you even touch the CALL/PUT buttons. Too many people think it is based on luck when it is most certainly not.
 

NatalieBrooks

Newbie
5 0
Tradorax review

Hi,
After a long vacation from trading because of a personal reason I am coming back big time. Found this Tradorax platform. What do you think? Is it the best I can find? Did you find it user friendly? how well should I be acquainted with binary options before I start trading? Do they have good customer service?
Hope for your advise.

Natalie
 

Aaron Cole

Newbie
6 0
Hello,

Welcome back :) Don't worry, It is just like riding a horse - the first time you get up again after a long stop, you naturally remember how it's done.

Regarding your questions:

1. I traded on their platform about a year ago, I find their platform very user friendly, especially their live chat there, you can just click it and chat with a broker during their business hours. The way the charts are presented is easy to understand.
2. Regarding the question if this is the best you can find - it depends on what you need. If you need a friendly platform that can help beginners - you got it.
3. You should definitely know binary option before you go in. You should not see it as gambling (a lot of people does, I think it is their first mistake), it is simply not. You need to learn methods and know the markets before you start trading, Tradorax actually has an education center you can go and read a lot about trading for free.
You can also find a lot of youtube channels explaining about binary options trading.

Good Luck Natalie!
 

Aaron Cole

Newbie
6 0
This is appears to be a broker - based in the Marshall Islands and, as far as I can tell, completely unregulated. By anyone! Personally, I wouldn't touch them with the world's longest barge pole.
I have to say that some of the platforms I use are regulated and some are not.
The most important thing is the company's withdrawal policy. If they allow you to withdrawal without any special "terms' they just made up, you can trust them 100% - regulated or not regulated.
I traded with some regulated companies that did not let me withdrawal and sent me to read their T&C. When I did so - I discover all kinds of unbelievable rules that basically do not let you withdrawal your deposit or profits and makes you keep trading until you reach some unreachable number...
Tradorax withdraw policy is very simple and straight forward and they do not keep your deposit and profits hostage, that is exactly what I need from my broker.
 

zaysev36

Well-known member
421 15
You should not see it as gambling (a lot of people does, I think it is their first mistake), it is simply not.
Well, it certainly can look like gambling. Except for the fact that you definitely predict the direction where stock will go if you know the market well enough. So in a way, with correct approach, it can be even easier than gambling :)
 

Tracy Richads

Newbie
4 0
I think you did the best thing you can do. I know that most people don't think they need to take the learning part seriously. It is such a shame since you have so much info. out there about trading strategies , tips and more.
I made my first steps in binary without learning...I was convinced by a salesman that I only need to deposit and "my broker will do the rest" well...my broker back then did not do the rest and I will not get into it, but you really need to check who you are trading with. Make sure you check everything before depositing, including broker's availability for you and always, but always start with education about trading and trading methods.
 

Daniel Stuart

Junior member
12 0
Thanks

Thanks everyone for replying and taking interest in my thread!
I would keep trading and keep learning as long as i am able to, or at least until my first million ;)
 

NatalieBrooks

Newbie
5 0
Hello,

Welcome back :) Don't worry, It is just like riding a horse - the first time you get up again after a long stop, you naturally remember how it's done.

Regarding your questions:

1. I traded on their platform about a year ago, I find their platform very user friendly, especially their live chat there, you can just click it and chat with a broker during their business hours. The way the charts are presented is easy to understand.
2. Regarding the question if this is the best you can find - it depends on what you need. If you need a friendly platform that can help beginners - you got it.
3. You should definitely know binary option before you go in. You should not see it as gambling (a lot of people does, I think it is their first mistake), it is simply not. You need to learn methods and know the markets before you start trading, Tradorax actually has an education center you can go and read a lot about trading for free.
You can also find a lot of youtube channels explaining about binary options trading.

Good Luck Natalie!
Hi Aaron,

I am not exactly sure what my question is doing in the middle of this thread lol, when I posted it I actually thought I am beginning a new thread...
But yes, you were right! I am already riding the binary horse as if I never got off of it :)

Cheers:)
 

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