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  1. #1
    Rookie Member mrmeder's Avatar

    Greetings Everyone from USA !!!

    Hello,

    I'm Mike and I'm new to BO and would like to gain knowledge and skills from this community of traders.

    I have done lots of research including BOTS school.

    I've also viewed some of Okane videos on strategies... And have made tons of paper trades with 50/50 success but realize I need to do better to be successful.

    My motivation for getting into BO is that I'm going to retire in a couple of years and would like to supplement my retirement income so I'm starting my education now.

    I would like to follow some of you seasoned traders so I can develop my own style and set of strategies.

    Are there any live viewing sites out there I can watch and learn?

    Thanks in advance for your assistance and I look forward to hearing from you,

    Mike

  2. #2
    Legendry Member Okane's Avatar
    Hey welcome.

    Glad you found the channel. Did you also notice that I mentioned in the videos
    that the strategies are not going to work unless you understand price action well?

    So, at least you know why you only have a 50/50 success rate .
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  3. #3
    Active Member victrader's Avatar

    Changed knowledge to understanding !!!

    Welcome, mrmeder.

    What Okane just said means everything. Better to start where you'll end up anyway. I'm in a similar situation to you - retire in not that many years. But i intend to retire before I retire, if you know what i mean. And not only is an understanding of Price Action indispensable, it's an incredible journey learning it.

    As one noob to another, you are in the right place here. Happy trading.

  4. Thanks mrmeder thanked this post
  5. #4
    Rookie Member mrmeder's Avatar
    Thanks for the advice and yes I remember you stating that you needed to understand price action...
    I need to review and get a better grasp on that concept.

  6. #5
    Legendry Member willyw's Avatar
    Quote Originally Posted by mrmeder View Post
    Thanks for the advice and yes I remember you stating that you needed to understand price action...
    I need to review and get a better grasp on that concept.
    You also need to practise more with the demo to gat a better understanding

  7. #6
    Administrator Martin Kay's Avatar
    As a US based trader, you might want to check NADEX = http://forums.binaryoptionsthatsuck....ums/2177-NADEX
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

  8. #7
    Legendry Member milos's Avatar
    Hello Mike!

    Welcome to Communitraders!

  9. #8
    Legendry Member Okane's Avatar
    Quote Originally Posted by mrmeder View Post
    Thanks for the advice and yes I remember you stating that you needed to understand price action...
    I need to review and get a better grasp on that concept.
    Now here is a good article to get started with:
    Support and resistance

    That's just one part of price action but an important one indeed.
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