Education about trading binary options

[Daniel Stuart]

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]

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, 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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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

 

[Mark Spencer]

Tradorax Experience

Hi Everyone
I want to share some of my experience trading online. I have been trading online for the pass year and a half and I have been through a lot, and I mean a lot.
When I just started, I browse the web for beginners platforms. I wanted to trade with a broker since I had no experience trading online. I came across some recommendations and decided to jump right in and make a deposit in one of the platforms. I got in touch with one, got a broker on the phone and made a deposit. I lost everything in half a day and my broken disappeared on me.
Since then I decided to take things more seriously and made a Thorough research about online binary platforms.
I decided to contacted Tradorax and trade with them, and I am so glad I did.
First I made the minimum deposit required and check their withdrawal policy that was fast and easy and I got to withdrawal from my account. Then I made a bigger deposit and started my training program with my broker. I had 1:1 lessons with him, I got tons of reading materials to read at home, I got to learn everey available trading method out there. At the beginning I traded with him, but fast enough I started trading alone and since then registered to other platforms. I doing very well and I so glad I didn't give up after my first experience with binary options.

I am sharing my experience because I wish someone had done the same for me when I first started trading. That would have save me time and money.

 

[JudyMilton]

I have been trading binary options for over a year now. I started using Tradorax platform about 6 months ago and I enjoy it a lot, I think it is very user friendly and it became my main platform. I am using about 4 and I like this one, especially the live chat option while you are trading, As you mentioned, they have a great education center that helped me boost up my game. It is free and open to everyone so I would recommend you to start from there, as you suggested.
Good Luck.

 

[zaysev36]

I have been trading binary options for over a year now. I started using Tradorax platform about 6 months ago and I enjoy it a lot, I think it is very user friendly and it became my main platform. I am using about 4 and I like this one, especially the live chat option while you are trading, As you mentioned, they have a great education center that helped me boost up my game. It is free and open to everyone so I would recommend you to start from there, as you suggested.
Good Luck.

Not really sure what makes it stand out among the rest. I mean, there are plenty of platforms providing education services, not to mention you could potentially figure it all out yourself via the internet.

 

[SamuelClark]

As someone here said - they are not regulated, that's the down side. But I got 50% bonus for my deposit which is great, plus, I really like their 60 seconds trade.