As someone who has spent hundreds of hours helping run a Binary Options trade and training room, I know how confusing the topic can be. Most people have heard of Forex, but are unsure how it differs from Binary Options. After participating in the traderoom, one of the questions I would hear frequently had been; "Are there any resources to help guide me, I'm confused!" It was after hearing this I decided to write a no-nonsense, practical guide for beginners. My goal was to help demystify many aspects of the trading world, and include everything I wish I had known before I started trading.
Some of the questions I receive from our website are:
Where can I download the necessary MT4 software?
How to use the software?
What are the best currency pairs to watch?
What are the best times to trade?
How do I recognize and avoid scams?
How do I spot winning and losing setups?
Just to name a few…