If you want to become an independent trader and ultimately trade on your own, the only way is to start slowly and learn as you go.
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No one was born as a trader. On the other hand - if you are just interested in making profit without learning - there is a possibility to use robots or signals for fully or semi-automated trading. The first step towards trading is to get familiar with the financial instruments you are going to use. This simply means you have to learn how trading works.
And the best way to learn is by practice and your own experience. You don't want to start trading by making a real investment and you don't want to practice trading with real money.
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That's why you need a free demo account. There are a few very good brokers who offer free no-deposit demo accounts. PocketOption is a Broker that accepts traders from all around the world and they offer a free demo account which you can try out immediately. You can get the basic information and trading education on the brokerage platform where you opened the demo account.
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Just make sure you register click here. Broker will provide you the basic trading education , and can offer simple or advanced trading strategies.
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Their educational sections include trading tutorials where you will learn:. If you decide to trade manually the understanding of trading charts and trading indicators is the most basic knowledge that every trader should have. Even if you decide to use trading signals or auto traders where no trading experience is needed , it is highly advised to get familiar with basics of technical analysis. You can get lots of basic and advanced information on this website. It is advised to start researching by taking a look at Tutorials, Indicators and Strategies sections on this website.
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There are many ways one can start trading binary options. What to Expect? My Personal Experience.
Where to start? Opening an Account Opening an account with a reliable broker is the most important factor to open an account. High or Low options: These are simple options forecasting falling or rising prices after a predefined time. Touch or No Touch options: This is a more advanced option which predicts if the market movement will hit a certain rate within a predefined time. Boundary options: These advanced options will predict if the market prices will continue to stay within a particular price level or will cross beyond it.
Binary Options are financial instruments that let you trade on various types of trading assets such as stocks, forex, cryptos, indices, and