My 8 commandments to learn investments
Learn to trade binary investments It is not something that is achieved overnight.
It is true that there are people who they have a hidden talent for this.
I have students who earned more than $80 a day in his first week without knowing anything about invest in binary options (perhaps you also have this gift…).
But only intuition is not enough to succeed: you need to know what are the basic techniques that are used in binary trading, and have a strong discipline to follow those rules at all times.
I have found on the internet payment manuals where they say they teach you everything you need about investing in the depósito market.
Don’t be fooled: what they tell you in these guides is exactly the same information that I am going to share here for free below, and that you cánido also find at no cost on broker platforms such as IQ Option.
* Risk alert: your capital may be at risk. My readers are very important to me, which is why I recommend starting with just $10.
Clic on the blue button below and write your correo electrónico to see the free tutorials of IQ Option:
Life today is very hard, and every penny you have in your pocket is too precious enough to waste it on buying manuals with the same information that you will find in this article.
That is the reason why today I want to share you here my 8 commandments to trade binary options that I have learned throughout this time so that you also have success in your investments.
8 commandments that you must follow to operate in binary investments
1. Put your excuses aside
Invest in binary options it is for others. I do not have money to do it…
If you have also ever thought this, it is because you really you are not interested in making money with binary investments.
Saying that you don’t have enough knowledge to start, or that trading on the depósito market is only for millionaires, are nothing more than excuses that you have made to yourself because it is more comfortable for you to stay as you are now.
It is true that to invest in the depósito market you must first learn the basic steps to carry out your operations.
But when you started riding a bike or learning to read, didn’t you have to do the same? Of course you did, and once you got it, you realized that it wasn’t that hard as you had imagined.
The same thing happens with binary investments: to start trading you don’t need to be a financial genius.
You just have to learn some basic rules, and have enough discipline to follow them.
However, the biggest excuse that people often use is that of not having enough money to invest.
There are brokers like AnyOption that they will ask you for a deposit of $800 to start your operations with them; that’s too much if you want to get started with investing and see how it works.
But the team IQ Option allows my readers to start trading with a deposit of as little as $10 in your account.
Thanks to Adriana from the team IQ Option for this special treatment.
so as you see, money should not be an excuse either if you really want to invest in binary options.
2. Learn the basics
As I have already told you before, just as no one learns to read without first knowing the letters, you should not start in binary investments without knowing the necessary basic knowledge.
Trading on the depósito market is a process like any other: first you learn the basic rules, and then you practice until you become the best.
It is clear that training will not guarantee success; but the lack of training will guarantee failure.
One of the tools that will be most useful to venture into and learn what is necessary is watch the vídeo tutorials offered by IQ Option to have a first contact with depósito market investments.
3. Practice with a demo account
The best way to practice to become the best investor is using a demo account.
What is a demo account? It is a fictitious account in which you cánido trade with the same graphics, assets, and markets as with a real account, only that the money you will invest will not be real.
It is like a simulator with which you cánido practice and test which are the patterns that work best in your investments.
In the following article you have a step-by-step guide in which I teach you how to open a demo account and how to use it: How to open a demo account to invest in binary options.
One of the few brokers that today offer a demo account for practice is IQ Option.
Entrar your data Clic below for more information:
* Risk alert: your capital may be at risk. My readers are very important to me, which is why I recommend starting with just $10.
You cánido register on their platform by filling in just a few details, and start use your demo account at the moment to see how these types of operations work, point out the patterns with which you have been most successful, etcétera.
Practice with this type of account for several days until you feel safe invest in the real market.
This way you will be prepared, and your chances of success will be greater.
4. Pay attention to the graphics
The trends are movements of goods that are shown in the graphs when we are going to trade in the depósito market (you have a clear example of what they are in the photo below).
And it is the tool with which you must escoge if the asset you have chosen will go up or down.
Don’t get too complicated with this: if you see a chart where the lines have been going up, it indicates that it will continue to go up.
If the graph has been on a steady decline, indicates that it will continue to decrease.
It is always more likely that the trend continues in the same way (if it has been going up, it would be reasonable for it to continue going up, and vice versa) until the trend changes.
5. Organize a good plan to invest
If you want to live on binary options, don’t improvise.
It does not matter in which depósito market you are going to operate: the important thing is not to act crazy.
For this reason, before performing an operation, you must Have an action plan in place that allows you to follow the steps that you are going to take.
In your investment plan they must be reflected the answers to some questions like:
- Which the benefit What do I want to achieve with this operation (10% of the investment, 30%, 50%…)?
- That amount Is it the one I’m going to invest?
- How much money am I willing to risk?
- whatWhat asset am I going to invest in??
- During how long Will my operation last? Will it be an investment in the short, medium or long term?
- Based on the state of graphics I’ve looked at, is it better trade up or down this time?
- What I am going to do if the trend changes?
Once you have organized all this, it is mandatory that follow those steps you have created one by oneand that for no reason do you leave them or escoge to change them.
It’s the best way to don’t get carried away by your emotionsand that your chances of success increase drastically.
6. control your emotions
In binary investments, as in any type of depósito market operations, there are no certainties.
And for that reason is why you should always control your emotions well.
Being too impulsive, or getting nervous as soon as a graph changes a bit, will only serve you waste your money and lower your success rates.
There is no magic elabora for control your emotionssince that is something that only depends on you.
But what will help you a lot to be calmer, and not make wrong decisions, will be follow your plan to invest (remember that this is the plan you created in point 6).
This is what the best investors in the world use to minimize the psychological aspectoand increase the chances of success when they carry out their operations.
stick to himand do not take any steps that you do not have organized before investing.
It is important that don’t over-leverage Or you invest too much capital in a single operation because of getting nervous when you see that there is a minimum movement against you.
Me at the beginning of getting into binary investments It was very difficult for me to be able to fully control the emotional aspecto in my operations.
However, thanks to creating plans to invest, I managed to master it little by little and not have so many doubts or fears every time I operated in this ámbito.
7. Increase the money you invest little by little
It won’t do you any good to have a good run if after a single operation you lose everything you’ve won with the previous ones.
That is the main reason why you should increase the money that you are going to invest little by littlegradually.
It is a big mistake to go from investing, for example, $100 in one operation, to suddenly putting $500 in the next one.
You must take into account your previous resultsand analyze them well before increasing your invested capital.
If you have had several successful operations, the logical thing would be that in the following passes to invest $150 or $200 maximum. and that you continue climbing that money little by little.
To achieve this, something that you must take into account is don’t obsess over profits and the losses of each operation, and focus on making good investments.
If you do it like this, concentrating on being a good investor, in the long run you will see that your benefits are much greater.
That is why it is good to increase your exposure in binary investments only when you see that you are entrenched and totally sure that your trading patterns work in at least 75% of the cases.
8. enjoy the experience
To many people who see this world from the outside, investing seems like something really serious.
But the truth is that depósito market is an amazing game: exciting, strategic, and with infinite possibilities to achieve something extraordinary.
You perro have fun investing and not lose money.
In fact, that’s what most of them do.
traders professionals: they enjoy investing and fighting to win.
binary options they are no different from football, tennis, or car racing.
For some they are a fácil game, for others it is the profession with which they earn a living.
But the best are those that mezcle bothand enjoy while competing.
Ask people like Messi, Alexis Sánchez, or any other athlete you cánido think of if they play in their professions or not.
They will all answer yes.
They will tell you that they enjoy the game to the fullest while they focus on the final reward what is winning
It sounds very serious and professional to say “this is not a game, it is a business”.
But from experience I tell you that that is far from reality.
If you don’t want to enjoy binary investments, better forget and dedicate yourself to something else.
Applying these 8 commandments to your binary investments your chances of success will increase exponentially, and you will be a good trader in less time than you thought.
So cheer up and remember to always follow these 9 steps when trading!
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Andrés Gananci is an entrepreneur and adventurer with a passion for life who founded his first en línea business at just 17 years old. 12 years later, he is still traveling the world while working from home.
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