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Thread: Hi there

  1. #1
    Rookie Member

    Hi there !!!

    Hi there,

    I am a newbie to trading. I stumbled up on binary options by accident. It seemed interesting, and I began to surf the web for more information about trading.
    Thats where I found bots school.
    I finished preschool and a big part of primary school on BOTS. I started to look at discussions on the forum and felt the need of joining the community.
    Hoping to get/find some tips and hints to develop a proper trading plan.

    Happy trading.

    Yvesva

  2. #2
    Moderator Kolyo's Avatar
    Hello Yvesva,

    Welcome to CommuniTraders – the best binary options trading community out there! It is great you started with the BOTS School articles. That’s a great way to get in line with binary trading. Next step is to test drive on our Demo Trading Platform which is absolutely free and open to everyone to place trades and share them with the community! The best way to learn is to share and discuss everything with other traders here and you will see how fast you will learn it!

    Best regards,
    Kolyo
    CT Team

  3. #3
    Rookie Member
    Thanks,
    I will use the demo trading. I was trying out one of the strategies from the primary section on my brokers demo account.
    So far it is working well. I took 20 trades in 2 days and had 14 ITM so far.

    Thank you guys for the great work on this site. Keep it up.

    yvesva

  4. #4
    Legendry Member willyw's Avatar
    Hi Yvesva, welcome to BOTS!!!! Well done keep it up

  5. #5
    Master Member SeasaltMcFish's Avatar
    Welcome!

  6. #6
    Rookie Member
    Thank you all for the warm welcome.

    I must say, the more I try to use the charts, the more I get confused.
    Understanding how different indicators work is one thing, but it's another thing to put them to use. The more I read about them, the more confused I get.

    Any suggestions on how to filter all the noise?

    Yvesva

  7. #7
    Legendry Member Okane's Avatar
    Quote Originally Posted by yvesva View Post
    Thank you all for the warm welcome.

    I must say, the more I try to use the charts, the more I get confused.
    Understanding how different indicators work is one thing, but it's another thing to put them to use. The more I read about them, the more confused I get.

    Any suggestions on how to filter all the noise?

    Yvesva
    Hi, yes it is confusing.
    Try to understand them ONE by ONE!

    Just choose an indicator, for example the commonly used
    RSI learn to see how it reacts to the price.
    Most importantly pay attention to the candlesticks.
    Once you get the hang of it add a second indicator. I hope it helps!

  8. #8
    Master Member SeasaltMcFish's Avatar
    Step by step, just like an ordinary study.

    Expecting to understand everything in a few days or weeks is asking for trouble. However, by taking a step by step approach, you'll learn a solid understanding, instead of a chaotic half-knowing. You could first read about candlesticks, like Okane said. Also moving averages are interesting and easy to understand. Combined, they are already a 'system'.

    Then practice in a demo account, to learn to work with the indicators. When clearly understood, you can add new ones, like RSI, MACD etc.

    Good luck!

  9. #9
    Rookie Member
    Many thanks for the great advice.
    It's good to know I can ask really noob questions and get a clear answer.
    I'll keep you posted on my progress.

  10. #10
    Administrator Martin Kay's Avatar
    Quote Originally Posted by yvesva View Post
    Many thanks for the great advice.
    It's good to know I can ask really noob questions and get a clear answer.
    I'll keep you posted on my progress.
    We are looking forward to that !

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