How to trade with Pocket Option in profit?

BOO trading for beginners

Despite the fact that there is an opinion on the Internet that trading binary options is simple, fast and profitable, this is not entirely true. Yes, trading БО is easier than trading other instruments, but it still requires some skills. You can learn to trade on your own, but with BO broker Pocket Option opens other ways:

• Copying strategies. Copied from economics is called trading. On the platform of the broker rookie you can set up your account for the most common successful traders. Tracking heredity, you will get the experience you need and soon you will be able to trade on your own.
• Chatting. In the platform chat, you can not only ask support questions, but also communicate with more experienced traders. If you have any questions, ask for help, because the community is happy to help newcomers. Here you also get analytical information, news and announcements of upcoming events.
• Studying Economics. There are 50+ groups on pocketoption.com. Here you will find strategies for beginners and professionals. Each strategy has a description of the functions of the implementation of the tools. Choose a tactic, test and adapt it to your trading console.
• Instructions for Beginners. When you register on the site, carefully study the instructions and guides. Here you will find useful information about how a deal is opened and closed, what you need to consider when opening a contract, etc..

What does a beginner need to know about?

First of all, having decided to start trading binary options, study the management of management. This is a financial management strategy that replicates plummeting deposits and allows you to trade in the plus. There are five golden rules in management that must not be broken:

• Account Security. Trading binary options the first thing to do is to take care of the safety of the account. Also, you should not keep large sums of money in the account. withdraw earnings frequently, so as not to lose all funds in case of force majeure charges.
• Working with tools . Do not work with one device. Develop strategies for trading currency pairs, cryptocurrencies, stocks, commodities. Learn to trade according to market cycles. Take volatility into account, don't put all your money into one contract.
• Try different strategies. Remember that there is no single strategy in the market. All tactics must be tested and checked on the trading account. Unbelievable scammers selling guaranteed profitable strategies, because any of them can give false signals.
• There will always be losses. No one, even the most experienced trader is immune to losses. And perhaps it is the loss of concentration, including noticeable coupons to cancel unprofitable flavors. To avoid losing everything, don't order more than a 2-5% deposit for one amount.
• Set goals. Don't enter the market without a purpose. You have to know what you want from trading today. Set a goal, when it's complete, finish bidding. This approach allows you to organize the deposit, without the risk of losing all the money.

In order to trade on the Pocket Option in profit, you must first of all learn. Learn not only in contacts with contracts, but also to use the tools, to adopt the experience of successful traders, to analyze the market and soberly assess your capabilities. Sign up at pocketoption.com, open demo-account and start trading binary options with the best broker.