If you have decided to enter the world of forex, you have landed in the right place, because we have a very important advice to give you. That is, the forum.
Without the basics here, as in any other field, you won't go anywhere. But after learning the basics of technical analysis, fundamental analysis and some other strategies, take the time to watch and read the most important online forums on the subject. The help you can get from it is really invaluable: for both beginners and experts, reading what other users have done before you, successes and failures, doubts, problems and solutions, can undoubtedly help you learn and specially to change and correct your way of proceeding in the market.
If you are a newcomer and you are approaching the world of Foreign Exchange Market for the first time, surely one way to start, after studying some theory, is to concentrate and spend quite a bit of time reading the forums. This is for two reasons. The first is that many contain mini guides: often they are not notions of marked, it is assumed that those known before, but are practical tips on how to act materially in the forex market to not let you rub or to minimize losses, inevitable as in any market game, the second reason to read a little 'of what is posted in the forums is of course to get some strategy or technique and make it your own.
Perhaps someone is asking for advice on an operation that has been carried out. You can thus read the reaction of other experts and see if it is a good behavior to put into practice or something to avoid. In short, there is certainly something to learn from the mistakes or successes of others.
The fundamental elements are the same: elements of technical analysis, opinions on brokers, that is, on the platforms where one must move to do this job, the legal aspects of forex.
Links are also a definite advantage. The sections are naturally divided by topic, and each often refers to links: links to other platforms, platforms, sites where you can learn techniques and strategies.
Sometimes it's not enough to do a Google search, because you can't use the right words, the right keywords, or because we may not have the knowledge of the right terminology to get to the site that can provide us with the right information. In the forums instead, probably the links will lead to excellent sites that will serve you as a support, perhaps to learn notions that you had overlooked, or to discover brokerage platforms more suitable for you, more intuitive, with which you will be more comfortable.
This short guide will quickly show you the advantages and disadvantages that a trader who wants to understand how to successfully invest in the forex market, or in binary options, must take into account.
We have seen how, in the field of technical analysis, it is also necessary to consider in depth the psychological aspect that in fact can influence the market even in a more than decisive way.
The use of Bollinger + RSI's band-based strategy (hereafter John Bollinger) gives us the opportunity to invest in options with daily maturities (remember that binary options allow us to earn up to 85% of the invested capital).