How to Make a Smooth Transition from Forex to Binary Options

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How to Make a Smooth Transition from Forex to Binary Options

Posted on by John Thiel

If you are an experienced Forex trader and feel it’s about time to make a transition to binary options, you are not alone. Binary options have become increasingly popular not just because of their diverse offering, but also because of the simplicity and the amazingly high returns on investment. Furthermore, Forex traders (particularly experienced ones) have an advantage since they already possess most of the knowledge required and should have no difficulties starting to execute successful trades right from the start. Some Similarities If you have access to trading software and can perform candlestick analysis on Meta Trader 4 or …

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Five Most Common Mistakes Made by Binary Options Traders

Posted on by John Thiel

Recently I have been receiving more questions about how to start making money trading binary options. Assuming the person who is asking already has some background in trading online, I usually respond by saying it’s less what you do and more what to avoid. In other words, once you get your basic strategies down and start executing trades in a systematic yet versatile fashion, all you have to do is steer away from making mistakes. Remember, it doesn’t matter if you’re experienced or an amateur basement trader, everyone miscalculates or makes a bad call every now and then. It’s called …

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