subject: Most Binary Option Trading Courses Suck [print this page] Maybe you have noticed this yourself. You enroll in a course that is supposed to help you with your binary option trading, but the course really does not offer much content.
Many of those courses are full of fluff and stuff (the kind way to say you know what). Especially for folks that are just trying to get started in trading binary options.
Some of the courses offer just one or two strategies, and needlessly complicate things. They assume you know terms and basics and leave out the details you need to really get started.
Statistics show that the top stock traders use options, but stock option strategies are complex and leave most people more confused than anything.
I once spent Five Thousand Dollars on a stock option seminar. At the event they told us that if we "really wanted to be option traders" we would need another course they offered that cost Thirteen Grand! I was thinking, "I wanted to really be an option trader when I spent the five grand for this course!"
The thing that attracted me to binary options is the fact that they are so simple. No doubt that is what interested you too. So, why do most course try to turn the simple vehicle into complicated Wall Street jargon?
Look, if you are going to make money with Anything, it needs to be simple. You can read about fancy smancy strategies and dream about big paydays, but you need to get your feet wet and start trading.
I tell my students to start small. If you can make two hundred dollars a day trading, it can just as easily be two thousand a day, but you have to start somewhere. The truth is most folks are not ready to have that much money at risk - even if they can afford it.
I find that most people are excited if they can just earn a few hundred a day.
Make sure that any course you enroll in offers at the very least:
* Money Management Training
* Several Profit Strategies
* Simple Technical Set-Ups
* Ongoing Support
For most of us, video training is MUCH better than just reading materials or even one time seminars or events. You want to be able to go back and study things at your own pace, and as often and as long as you want to. It should also be reasonably priced.
If you find a great binary options course, it really can help you with your trading. Good training is much better than learning by trial and error!
by: Doug West
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