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  1. #1
    Senior Member raymond09's Avatar

    Which process will be the best for learning Option? !!!

    Hi all.
    I've been following several forex courses the past months. Didn't trade for "real" yet. The whole concept of Binary Trading seems cool. I would like to know if you guys can recommend good resources to learn more ( tips, strategies, analysis etc ) .
    Many thanks and appreciate it.

  2. #2
    Solid Member
    From my point of view you should first use Google more and more. After than you can always stay in this forum. Sometimes try to read newspaper, magazine, different eBooks and so on. Don't need to keep on your eyes on the TV screen whole day. On the other hand if you join different training then it will be better for you. So overall I would like to say that learning exist everywhere. I mean wherever you are in just think I have to learn. That's it.

  3. #3
    Veteran Member Dan21's Avatar
    I am also still in the process of learning how to trade. There is a lot of information available on the net, but you have to be aware that much of it is only for promotional purposes and not very useful even sometimes it is wrong at all. So the best way to learn is to read everything bearing in mind not all the stuff is a gold coin and if there are some doubts to come here and ask in the forum. When you see a lot of different opinions you will find easily the truth.

  4. #4
    M.J
    M.J is offline
    Veteran Member M.J's Avatar
    Hello raymond.
    Theoretical understanding is an important part of knowledge gaining process.
    This has been discussed countless times on forums that what is the best way to be successful in forex? Is it books or articles? is it discussion? is it practice? is it EAs? is it "holy grail" strategy websites?

    My conclusion to all of the above question is discussion + practice. Books r never a great source of learning trading for newbies. Discussion on forums is like private tutoring for free. You will ask questions and you will get a lot of replies from experts. You will gain valuable knowledge. You only need to understand some basics for which you can read some short articles on good forums. After that start ur journey by opening a demo. Ask questions on forum.
    No need to mention that, in the start, searching for EAs or strategies will be a total waste of time.

  5. #5
    Specialist Member marvel's Avatar
    Quote Originally Posted by M.J View Post
    Hello raymond.
    Theoretical understanding is an important part of knowledge gaining process.
    This has been discussed countless times on forums that what is the best way to be successful in forex? Is it books or articles? is it discussion? is it practice? is it EAs? is it "holy grail" strategy websites?

    My conclusion to all of the above question is discussion + practice. Books r never a great source of learning trading for newbies. Discussion on forums is like private tutoring for free. You will ask questions and you will get a lot of replies from experts. You will gain valuable knowledge. You only need to understand some basics for which you can read some short articles on good forums. After that start ur journey by opening a demo. Ask questions on forum.
    No need to mention that, in the start, searching for EAs or strategies will be a total waste of time.
    I am in agreement with you M.J. Most of the books never gives very practical learning experience. The best way to learn trading binary options is when communicating with other traders and shares your opinion with them! This way you will improve your skills much faster and will avoid most typical newbie’s errors.

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