11 Trading Lessons I Have Learnt From Trading Binary Options

Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal
Share this

I have been trading for a year plus now, and the journey has not been without lessons. I have learned a couple of things which if I told you, your learning curve in Forex trading would be shortened.

There is stuff in the journey of trading which are like a must-go-through for all traders.

Once you have resolved to begin trading Forex, Stocks, fixed time trades, or any other asset out there, then my guess is, you will go through the same hell most of us have endured. But, you can save yourself the hell ride if you read this post to the end.

Here are 11 simple lessons you will learn from this post.

  • Nothing is easy. Train Hard, Fight Easy.
  • Demo-Trade Your Way to Success.
  • You Need a Trading Plan.
  • Don’t Hop from Strategy to Strategy.
  • Trading is not a Get-Rich-Quick Scheme.
  • Risk Management is Your Arsenal.
  • Always Keep a Trading Journal.
  • 90% Psychology, 10% Trading.
  • Overtrading will Wreck your Ship.
  • Risk Only What You Can Afford to Lose.
  • Pay More Attention to the Market than the Indicator.
  1. Train Hard, Fight Easy.

Today I am not feeding you in jargon. We’ll talk trader to trader. Hehe.

So what exactly do I mean by training hard and fighting easy?

Asset trading is a wide field not only for making money but also a wide field of knowledge.

If you are determined to be a profitable trader, then you must do your due diligence and read.

Did I say read?

Yes, you read that right, because I meant exactly that – read.

Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

And what do you read?

Hard Copybooks, E-books, Articles, PDFs, and what have you.

The internet is flooded with countless materials helpful to anyone who wants to read and master asset trading, so you can never claim you had no access to materials to read.

You must devote yourself to seeking knowledge on Forex, Stocks, ETFs, Indices, Cryptocurrency, Commodities, or any other asset of interest to you.

And that’s not all, there is more you need to know about brokers.

You must understand what brokers are and know how to choose the best ones for your trading. My personal favorite, Olymp Trade.

What else is there to know?

A lot.

Do you know how prices move?

What about the various manners in which you can analyze the charts?

Are you conversant with these terms – price action, supply and demand, support and resistance, indicators, trading strategy?

Do you know what a trading strategy is?

What about how to formulate one?

How about how the various indicators can be combined to formulate a profitable trading strategy?

Have you heard of risk management?

What about trading psychology and how you should never succumb to it while trading?

Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

Really thought-provoking questions right there, eh?

You can see how wide the field of trading is in terms of knowledge.

If you ever dare storm the field to begin trading without the knowledge of such areas pinpointed above and more, then you will be to blame for the danger you will face shortly after getting into the ‘trading journey’.

“I ever hit the markets with an intention to gamble with real money and as you would rightfully guess, I never made it to riches.

It was not until I talked to someone that it dawned on me that I needed knowledge before I could make a dime out of the markets.” Daniel Mutuku.

  1. Demo-Trade Your Way to Success.

Did I know what a demo account is prior to talking to my mentor after losing terribly in my gambling spree?

Not at all.

Soberness struck after the loss and all my senses which I had hurled to the wind returned to my miserable self.

A demo account is an account provided by your broker containing free virtual funds with which you can practice trading.

The best thing about demo accounts is that the market conditions provided are real. So you get to experience the markets risk-free.

Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

On a demo account, you can make all mistakes that you want to, because after all, there are no risks involved.

Remember, demo accounts are virtual and replenishable once depleted.

What a convenience!

So why do I keep insisting that you demo trade before you trade with real cash?

Because on a demo account you will learn, make mistakes, size your lots so imperfectly and do all sorts of drama, yet still go unpunished.

It is on this kind of account that you will develop a profitable trading strategy, learn how to manage risks, as well as learn how the market behaves under all conditions.

Tell me, if you were to use your own money to practice trading, how much would you need?

More than you have right now, right?

Yet here is free money, all for you to sharpen your skills on the markets.

If you are on a real account and still gambling without the knowledge of what exactly it is that you are doing, bro, slowly alight and open a demo account.

Demo-trade until you are confident and profitable.

Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

That way, you can be sure things will work out well on the real account.

And just so you know, whatever works on a demo account will work on a real account – remember they are the same market conditions.

  1. You need a Trading Plan.

I may not know so many things about you but I’ll gamble my wife on this. Haha…

Before you do anything, you always plan it way ahead and strategize to see its feasibility.

If you’re not a planner, keep this quote in mind for when you lose your first dollar.

If you fail to plan, you plan to fail.

Most traders want to just enter the markets and make quick money by gambling around.

What they do not know is that they will soon be dishing out the same money they won to other traders and the broker if their gambling proves fruitless the subsequent times they come back.

Did I already mention what happened to me when I decided that mine was gonna be a gambling spree and had no use for the tedious acquisition of knowledge that trading entails?

I had no plan nor any intention to formulate one, and what was my reward?

Clearly, a deafening fall.

For newbies who’re somewhat getting lost in this,

A trading plan is a clear dictation of what your trading will look like at any particular time.

It specifies your entries, exits, money management, starting and ending time of your trading, and any other conditions that must be met during your trading session.

It is one thing to have a trading plan and totally another to adhere to it.

I am always dumbfounded by traders having so perfect trading plans yet they will obey none of it.

What shall it profit a trader to have a perfect trading plan and still open their trading accounts to gamble?

Whereas I emphasize having a trading plan, It would make more sense if you adhered to it rather than just had it.

  1. Don’t Hop from Strategy to Strategy.

Logically, what you would be inclined towards, is dashing away from a strategy that initially was working but has stopped to.

Well, do not be shocked if I tell you that you would do better to stick to that one strategy and have it perfected.

I am telling you to stop hopping because I understand the dangers of doing so.

If you keep hopping from one trading strategy to another, you will fil. And later realize that no strategy is 100% effective – not even the so-called Holly Grail. But then, it will already be late.

My advice?

If you have a trading strategy that has been making you money and fails at some point, it is not time to dump it.

Rather, it is time to breathe and re-evaluate such a strategy.

Remember, it has been working, so you need to scrutinize it to see why it stopped working.

Maybe you disobeyed the conditions stipulated in the strategy and that is why it failed, or maybe there is something else you missed in the strategy.

Correct the loophole and continue making money with your strategy.

  1. Trading is not a Get-Rich-Quick Scheme.

My story when I began ‘trading’ will remain relevant for the better part of this post.

I confused trading for gambling. 


For you

Quotex for beginners. Why choose Quotex?

Why Choose Quotex? Quotex Trading Course for Beginners

Getting Started with Quotex In our previous post, we introduced you to the Qoutex trading platform. We answered the question, What is Quotex? Find some time to read this article ….

0 comments
Olymp Trade app

Which App Is Best For Binary Options Trading?

Binary options trading is one of the most popular ways to make money in 2023 and for a good reason. It is easy to trade. But after you have learned ….

0 comments

 

The results? I lost so much money trading.

My intention was to make some good money gambling and not trading.

At some point, you might relate to my story.

If you are a newbie at trading and that was your intention too, you would rather stop at this point because a major disappointment is coming your way.

Listen to the market, and to other established traders.

When I began trading, what I would hear experienced traders talk about was consistent profits, not huge impulsive ones.

Then I was shocked why no one was talking about big money until it dawned on me that trading was not a get-rich-quick scheme.

If you need quick cash, try something else. Something like becoming the head of states in an African state.

  1. Risk Management is Your Arsenal.

Arsenal fans Ohye! Hehe.

We are talking about risk management here. You must always take risk management as the weapon, on which you will rely, no matter the turbulence of the market.

But what is risk management?

Risk management is a set of rules concerning your trade size, lot size, and how much of your account you risk in one trade.

Such rules are aimed at reducing the risk exposure of your account, with a goal to grow your account maximally if your trade wins, while protecting it from depletion in case your trade loses.

Risk management comes in various forms.

Those who trade fixed time trades in Olymp Trade know about martingale money management strategy, parley and fixed trade size among others.

Those that trade Forex know about position sizing, Stop Loss, and Take Profit levels among others.

Always ensure you use a form of risk management because you are never sure if the market will favor you.

If you don’t do so, a losing trade may wipe out all your gains and even all of your capital!

  1. Always Keep a Trading Journal.

A trading journal is anywhere that you write down your trading-related stuff.

You can always jot down why you are taking such and such trade and the outcome of it.

You can also write down your experiences while trading, as well as anything else that happens to you and your trades during your trading.

But why do you need to do all these?

Well, trading journals are the substance behind the formulation of new strategies and the improvement of existing ones. 

Use your notes for guidance.

If later you sit down to check what you have been doing on the market, you will have a picture of how your whole trading week has been, in terms of what worked, what didn’t, and what happened when and where.

That’s how important a trading journal is.

  1. 90% Psychology, 10% Trading.

You must have heard this ‘cliché’ somewhere, right?

Disclaimer, this statement is not a cliché.

It is a fact.

Ask me why the Forex market moves and I will give you a one-word answer – psychology.

It is the psychology of traders in a particular market that moves such a market.

Are you feeling mixed up? 

Let me explain.

If the market has been falling, most traders will act out of greed and buy that asset.

This will bring the price of such assets shooting high and rising.

At another glance, the traders who had acted out of greed will begin thinking that the market has been rising for a long time and might be reversing soon.

Out of fear of loss, they will exit the market and begin selling.

This massive action of sellers brings the price of such assets crumbling down like no man’s business. See how psychology moves the markets?

Now put yourself in the shoes of a trader and answer these simple questions.

How does fear affect you while trading?

What about greed?

Do you ever get possessed by the spirit of revenge, sometimes? Hehe, most times actually, right?

A trader who acts out of emotions and not actually what is happening in the market is bound to fail.

If you have been winning a couple of times, you tend to gain some overconfidence that you must have mastered the markets and will always win.

The next thing that happens is that you begin losing and before you realize it, you are on a losing streak.

The next thing you resort to is to punish the broker for having taken your money (Revenge and greed).

Note the fact that at this time, you have stopped obeying your trading plan and strategy and all you want is your money back.

You begin taking irrational trades and investing unreasonable amounts for each trade in a bid to ‘get back your money.

You’ll continue losing and if you are not careful, the next thing you will note is a decrease in your trading balance.

One more loss and you will go back to the exact same spot you were at before you began trading.

Out of fear of losing everything or greed for doubling the balance, you will invest all of the remaining capital and sadly your trade goes south.

Behold, you will have blown your damn trading account.

See what overconfidence, revenge, greed, fear, and everything psychological has done to your trading journey?

That’s how easy it is to crack to emotions.

  1. Overtrading will Wreck your Ship.

We mentioned that you need a trading plan for success in trading.

One of the things a trading plan helps you to beat is overtrading.

That is because it stipulates when to start and when to stop trading.

Of course, considering your optimal concentration span and optimal market volatility-cum-profitability as you have established.

If you have no trading plan to inform how long you should trade, or even decide to disobey it by trading beyond the span you can pay attention for, then just know that the results will be devastating.

You are not.

While the best thing is to trade for yourself and not let anyone else or a machine do so for you, you shouldn’t overdo it.

You realize that you get tired of thinking while analyzing and staring at the screen.

Once you begin getting tired, just call it quit.

Wait for that time when you are rejuvenated and re-energized to continue.

  1. Risk only what you Can Afford to Lose.

Another ‘cliché’, right?

Again, this one right here is not a cliché but the whole truth.

You worked hard to earn that money which you have just deposited in your trading account, didn’t you?

Then why would you want to lose it?

But if you must lose, why not choose a comfortable amount to lose?

I guess what I am trying to say is that you should only risk a small portion of your trading account and not the better part of it.

If you risk a large part of or all of your account and then the trade goes south, then you will have failed as a trader.

Those trading fixed-time trades know what I mean.

If what you can afford to lose is $1 out of the $100 in your trading account, then let it be so and don’t go past that.

Those trading Forex know what a lot size is, as well as what a stop loss is.

Adjust that lot size to the minimum that your account can bear without devastating effects.

Also, set a stop loss at a level risking only up to 5% or less of your trading account.

Else, you will blow your accounts, and guess what? It can be very difficult to recover.

  1. Pay More Attention to the Market than the Indicator.

While technical indicators are a core part of most trading strategies, they are not all that there is to trading.

There is a king in the market and we call him price action.

Price action refers to the behavior of the price of an asset which can clearly be seen on the charts.

A market that makes higher highs and higher lows will most likely be on an uptrend.

However, market-making lower lows and lower highs will most assuredly be a downtrend.

You will be best suited to be in long positions if the market proves to be an uptrend by price action.

On the contrary, you would be best suited to be in short positions if the market’s price action hints at a downtrend.

Indicators are not the price.

And just so you know, most of these tolls lag and show what happened whiles ago, making them unreliable if you bring price action to the picture.

If given to choose between indicators and price action, then go for price action and don’t look back.

Listen to what the market is saying more than what indicators, which might be lagging, are saying

Wrapping Up.

You have heard it from me.

These are the lessons I have learned for the 1 year plus, that I have been trading.

You will do better to learn from them because if you don’t, then your reward is waiting. Hehe.

Happy Trading!

Share this
Visit Website.
Features
Bonus Codes
Rating
REGISTER
1 Quotex logo without background
  • Start trading with $1
  • Earn up to 95% profits
  • Fast payments
  • $10 minimum deposit
  • $10 minimum withdrawal

Recent Posts

No deposit Forex Kenya bonus

XM Global No Deposit Bonus Forex! XM Forex $30 Bonus

COLWMA (City of London Wealth Management Awards) winner of Best FX Service Provider 2022, XM Forex is one of the best Forex brokers with a no deposit bonus globally. The ….

0 comments

XM Forex Bonus $30 – How to Start Forex Trading Without Money

One of the reasons why most new traders fail to go past the demo account is the fear of losing money trading on a real account. But what if I ….

0 comments
Earn up to $500 online

Writers Needed | Earn up to Ksh. 50,000 Per Post

Are you a good writer looking to write for pay? Would you like to write on professional websites and earn up to Ksh. 50,000 per post? Here are some amazing ….

0 comments

Write for Us: Call for Writers! Join Our Team at Joon.co.ke

Are you passionate about business news and the world of online trading? Do you have a knack for crafting engaging and informative articles? Joon.co.ke is looking for talented writers to ….

0 comments
back view of young couple removing picture from wall isolated on white

Works at Home: 30 Ways to Make Money Fast (Online And Offline)

No matter what your situation is, there’s a side gig for you. Whether it’s to make a little extra cash or help solve an emergency issue, having a backup plan ….

0 comments
The meme coin "Doge" on black stones.

Will Shiba Inu Coin Keep Making Investors Rich in 2024?

The Shiba Inu Coin has been one of the most popular crypto success stories since 2018. This meme-based cryptocurrency moved to its highest in just a few years making it ….

0 comments
Quotex for beginners. Why choose Quotex?

Why Choose Quotex? Quotex Trading Course for Beginners

Getting Started with Quotex In our previous post, we introduced you to the Qoutex trading platform. We answered the question, What is Quotex? Find some time to read this article ….

0 comments
Proof that you can make money from TikTok - Make money online in Kenya

Which TikTok Star Will Have the Most Followers in 2024?

TikTok is a social media app that has taken the world by storm. It is a platform where users can share short videos of themselves. The app has been downloaded ….

0 comments
Which jobs are the highest paying in Kenya?

Which Jobs Are The Highest Paying in Kenya?

Jobs in Kenya come with many different salaries, and no one can know the answer to this question without first figuring out what type of job they are looking for. ….

0 comments
Coding

Which Freelancing Site Should I Visit To Make Money Coding?

Freelancing is the best way to make money because it allows you to work on your own time and set your own schedule. You can take jobs that are local ….

0 comments
Olymp Trade app

Which App Is Best For Binary Options Trading?

Binary options trading is one of the most popular ways to make money in 2023 and for a good reason. It is easy to trade. But after you have learned ….

0 comments
Play to earn crypto games - Earn free NFTs

Where to Get FREE NFTs: 11 Easy Ways to Do It

Non-fungible tokens (NFTs) are all the rage right now. These unique digital assets are quickly becoming a staple in the world of blockchain gaming and collectibles. The best part about ….

1 comment
Where in The World is it Easiest to Start a Business With Less Than $100?

Where in The World is it Easiest to Start a Business With Less Than $100?

Where in the world is it easiest to start a business with $100 or less? And which are these small businesses that you can start with $100 or less? In ….

0 comments
Quotex pair information tool

Where Can I Get Accurate Quotex Trading Signals?

Other than using the knowledge you have learned elsewhere to make money in Quotex, you can also make money consistently on the platform by using trading signals to make money. ….

0 comments
When is the best time to stop trading?

When is the Best Time to Stop Trading?

In the past, we have shown you the best time to trade, but not one article on the internet talks about when you should stop trading. So when is the ….

0 comments
What's The Most Profitable Business in Kenya in 2022?

What’s The Most Profitable Business in Kenya in 2024?

It is common for most of us to think that the most profitable business in Kenya in 2023 will be the most profitable business in Kenya in 2024. But the ….

0 comments
Which jobs are the highest paying in Kenya?

What’s The Best Business to Start in Kenya in 2024?

There are many businesses that you can start in Kenya in 2024. However, not all of them will be successful. It is important to do your research and find a ….

0 comments
Olymp Trade Video

What No One Says About Olymp Trade! Put Together in a Video.

Could this be you? You opened an Olymp Trade account. Made a deposit. Traded on a live account for the first time. The outcome? You lost your first $10 deposit. ….

0 comments
Quotex minimum deposit

What is The Minimum Deposit Amount for Quotex?

The minimum deposit amount in Quotex is $10 and traders on Qx broker can use various payment methods to deposit and withdraw money with fast and with a lot of ….

2 comments
Make money Online with this app

What is the Easiest Way to Make Money Online in Kenya in 2024?

There are thousands of ways you can make money in Kenya. Some of them require no skill or experience whatsoever, others? You’d need skill and experience to do with success. ….

0 comments
white and brown happy birthday card

What is The Easiest Way to Make $100 Today?

If you’re already making money online, skip this post. If you’re not already making any money online keep reading. Because the methods that I’m about to show you in this ….

2 comments
How To Make Money Via WordPress In Kenya

What is The Easiest (Non-Scammy) Way to Make Money Online?

Making money online can seem like a daunting task. There are so many scams and get-rich-quick schemes out there that it’s hard to know what is legitimate and what isn’t. ….

0 comments
Best business ideas to start in Kenya in 2022

What is the Best Business to Start in Kenya?

Kenya is a great place to start a business. The best type of business may be different for you, depending on your skill set and what you are looking for ….

0 comments
Quotex for beginners

What is Quotex? Quotex Trading Course for Beginners

Quotex is a cutting-edge digital options trading platform known for its user-friendly interface and numerous tradable assets, including OTC pairs, traded 24/7. The Quotex trading platform accommodates traders of all ….

0 comments
What are NFTs?

What is an NFT and Why Should You Care?

If you’ve been following the news lately, you may have heard of a new form of digital asset called an NFT. But what is it and why should we care? ….

0 comments
Small Business Ideas For 2021

What Business Ideas Make The Most Money

Are you an aspiring business entrepreneur? Check out our list of the most popular business ideas in 2024. People venture into the business world for different reasons. Some because they ….

0 comments
How to Make $10,000 a month with TikTok

What Business Can I Start With 2k In Kenya In 2024?

Kenya is a great place to start a business. The economy is growing, the population is young and there is a lot of opportunity for entrepreneurs. However, starting a business ….

0 comments
29+ Websites That Pay Up to $50 Per Hour For Proofreading Jobs

Websites That Pay Up to $50 Per Hour For Proofreading in Brazil

There is no denying that there are thousands of websites that pay freelancers for different freelancing services. And there is also no denying that it’s sometimes very difficult to find ….

1 comment
WazirX review

WazirX: The Easiest Way to Trade Crypto in India in 2024

If you only recently got interested in Crypto trading then chances are that the question on your mind right now is “Which cryptocurrency trading platform should I use?” Well, the ….

0 comments
How to earn coins on Wattpad

Wattpad Coin Hack: Here’s How To Earn Coins in Wattpad

Today, I will show you how to earn coins in Wattpad. But before that, let’s first take a deep dive into what this means and why you should pay attention. ….

2 comments
Abandoned boats at the beach

Water Hyacinth Crisis Wreaks Havoc on Lake Victoria, Devastating Local Fishing Economy

Ogiro Fannuel, a local fisherman at Luanda Konyango beach, stood on the shores of Lake Victoria, his weathered hands carefully spreading out his fishing nets. As he worked, diligently untangling ….

0 comments
How to join Viusasa and earn via mpesa

Viusasa | A perfect Way to Work Online and Earn via Mpesa in Kenya

What is Viusasa? Viusasa is a video subscription service accessible through the Viusasa mobile app on the Play Store app. It offers videos music and TV series for a 10/= ….

1 comment
Moving Average Indicators

Understanding Moving Average Indicators on IQ Option – SMA, WMA and EMA

Moving average indicators are the most popular technical analysis tools on IQ Option and for a good reason. They are simple and with no doubt deliver results.  As a result, ….

0 comments
Trading in Quotex

Try This Quotex 1 Minute Strategy for Fixed Time Trades

While binary options trading is easy and only requires traders to choose between two different outcomes, it isn’t always profitable without a strategy. My honest truth, You can lose so ….

2 comments
Trading Tips for Forex, Stock and FTT

Trading Tips to Consider Before Investing in Forex, Stocks, or FTTs.

Trading can be profitable if you know what you are doing. However, trading stocks, Forex, or Fixed Time Trades comes with risk, but if you understand the risks and take ….

0 comments
Day Trading With Price Action Volume 1 Market Perspectives

Trading Styles in Forex: How to Choose the Best for You

In order to understand the different types of trading styles that are available for beginner and experienced traders, we must first understand what trading is. And what is trading you ….

0 comments
Joon Online VIP signals

Trader Uses Joon Daily Telegram Signals: Earns $265 in One Session.

We recently reintroduced our daily Fixed Time Trading Signals on Telegram, and guess what binary options traders are already using our signals for profits. For example, this week we have ….

3 comments
2 Easy Ways to Trade Bitcoin in Kenya.

Trade Bitcoin In Kenya | How To Start Trading Bitcoin

What is Bitcoin? Bitcoin is one of the most common cryptocurrencies in the world. But what are cryptocurrencies? Cryptocurrencies are virtual and digital currencies or coins, which are based on ….

0 comments
Trader of the Week - Top Traders in Quotex

Top Traders on Quotex ++ Earnings And Strategies

Quotex, the most popular trading platform in 2024, has seen a surge in popularity in recent years. With more and more people looking to make a quick buck, it’s no ….

0 comments
Profitable Business Ideas to Start in Saudi Arabia in 2021 (Make 375 SAR Daily in Saudi Arabia)

Top Business Ideas that Will Make 375 SAR Daily in Saudi Arabia in 2024.

It is common knowledge that Saudi Arabia is the world’s greatest oil producer. Around 25% of the world’s petroleum reserves are processed in the country. According to statistics, Saudi Arabia’s ….

0 comments
Freelance Online Writing

Top 9 Blogs Paying Freelance Online Writers for Guest Posts

Did you know that freelance online writing is the most popular online job in Kenya? Well, 80% of people who work online in Kenya are either; academic writers, article writers, ….

0 comments
Forex Affiliate Programs

Top 7 Forex Affiliate Programs to Join in 2024

Best Forex affiliate programs to join in 2024 Did you know you can make money through Forex without trading or investing? That’s right. You don’t have to put your capital ….

1 comment
Content marketing startegies

Top 7 Blog Marketing Strategies to Use for New Readers in 2024

Once you finish writing a blog post and hit publish, you feel really great – as if you’ve been to the moon and back. Publishing new content brings you a ….

0 comments
Best Options Trading Platforms 2022Quotex trading platform

Top 7 Best Options Trading Platforms in January 2024

It’s hard to find the best options trading platform since there are so many out there. To make your decision easier, we’ve compiled a list of the best options trading ….

0 comments
My Neighbor Alice, the charming farm and builder game!

Top 6 Metaverse Blockchain Games That Will Make You Money in 2024

Metaverse is a public blockchain that provides digital asset issuance, transaction, and trading services with various smart contract systems; It uses distributed network nodes and parallel computing technology on the ….

0 comments
Affiliate marketing sites

Top 6 Affiliate Marketing Sites and Programs for 2024

Once you’ve decided to engage in affiliate marketing, the next step is browsing through affiliate marketing sites looking for that one network befitting you. I agree this is a tough ….

0 comments
Top 50 Online Shopping Sites in India.

Top 50 Online Shopping Sites in India.

You must have found yourself ordering a thing or two from an online store and they delivered to your preferred address, right? Now that is the new fashion of doing ….

8 comments
Profitable businesses in Kenya - LPG Gass Business in Kenya

Top 50 Most Profitable Businesses in Kenya

Ain’t it not easy to say I want to start a business in 2024? Of course not. You have to do your due diligence: come up with a business idea, ….

0 comments
Business Ideas From 2021 - Make money from home in 2022

Top 50 Business Ideas From 2023 That Will Still Work Well in 2024

The world of business is always changing, and it can be difficult to know which trends will stay popular for a long time. In 2024, the future looks uncertain. There ….

0 comments

Top 50 business ideas for All Ages {Online and Offline Ideas}

Many people desire to venture into entrepreneurship for different reasons. For sure, being your own boss, working from your home, garage, or office, offers total control and satisfaction. You can ….

0 comments
Food Blogs on Instagram

Top 5 Instagram Businesses to Start

Instagram is an amazing photo and video sharing app that we use to connect to friends and family online. Interestingly, Instagram is as much a great place to start your ….

0 comments
Best broker platforms

Top 5 Binary Options Brokers With $10,000 Demo Account

Binary options trading is fast becoming popular in the world and with this popularity the urge and to find the best broker to trade with. But when we talk of ….

0 comments
Best Businesses to Start in Eldoret

Top 30 Best Businesses to Start in Eldoret Town

Would you like to start a small business in Eldoret town? Which business do you have in mind? Do you have data to back up its profitability and to maybe ….

1 comment
Small Businesses For University Students

Top 20 Small Businesses For University Students In Kenya

Are you a university student in Kenya and looking for small business ideas to start? You are in the right place. In this article, I will show you the #20 ….

0 comments
Business ideas

Top 20 Small Business Ideas That You Can Start With 1K, 5K, 10K, 20K & 50K in Kenya in 2024

Which are some of the best small business ideas that you can start in Kenya with 1K, 5K, 10K, 20K &/or 50K in 2024? In today’s post, we list and ….

0 comments
Best marketing companies for India

Top 20 MLM and Marketing Companies in India

Multi-Level Marketing (MLM) Companies are Network Marketing or Referral Marketing Companies. They offer you an opportunity to refer other marketers into the systems and earn commissions by doing so. Those ….

1 comment
How to Make Money as a College Student in India.

Top 20 Business Ideas for BBIT Students in Kenya

As a BBIT student, you can start exploring entrepreneurship to gain practical skills and hands-on experience. With IT and a business background, there are plenty of opportunities you can start ….

0 comments
Top 10 Small Business Ideas to start in Uttar Pradesh, India in 2021.

Top 100 Small Business Ideas for India.

Where in India is it easiest to start a small profitable business in 2024? And, can you start a small business in India with 20000 INR and become successful? These ….

1 comment
University courses that teach about Forex

Top 10 University Courses that You Can Take to Learn Forex

Most universities don’t have specific courses dedicated to forex. However, various courses offer skills and an understanding of market dynamics, stocks, and currencies. Picking the right course depends on what ….

0 comments
Poop Museum (Unko Museum) neon lights in Fukuoka, Japan.

Top 10 Strange And Weird Ways to Make Money in Brazil

Making money on the internet and off the internet is not as hard as you might think. Strangely, there are many weird ways to make money online! In this blog ….

1 comment
Suppliers in Kenya

Top 10 Small Business Suppliers in Kenya

If you are thinking about starting a small business then chances are, you have already figured out everything. From the business plan to the location, capital needed, and even where ….

0 comments
Profitable Business Ideas to Start in Bahrain in 2021.

Top 10 Small Business Ideas to Start in Mena Countries (Middle East & North Africa)

The best thing an entrepreneur can do to himself before launching a small business is to compare business ideas with other people. Did you know that comparing business ideas ahead ….

0 comments
Top 10 Small Business Ideas I Would Try If I Had 1 Million

Top 10 Small Business Ideas I Would Try If I Had 1 Million

Owning a business has been my desire over the years. Most of the businesses I had in mind required capital I couldn’t raise. I have since realized that even with ….

0 comments
#Small Business Ideas For Kitale

Top 10 Small Business Ideas For Kitale, Taita Taveta County

Kitale – the basket of Kenya is an agricultural town in the northern Rift Valley. It is largely agricultural with both large-scale and small-scale wheat, maize, and dairy farming. Historically, ….

0 comments
Kenya Secondary School Scholarships

Top 10 Secondary School Scholarships to Apply for Before 2023

In 2017 a good number of KCPE students failed to join secondary schools on time. Do you know why? They lacked school fees for secondary school admission. Today, over 1.2 ….

10 comments
Profitable businesses to start in Kenya in 2019

Top 10 Profitable Business Ventures in Kenya: Tried, Tested, and True

If there’s one thing I can confidently speak about from a wealth of personal experience, it’s the world of business. By working in various business fields over time, and starting ….

11 comments
Business Ideas in Venezuela

Top 10 Profitable Business Ideas for South America.

Let me guess, you want to leave full-time employment to concentrate on your own stuff. But despite being sure that you want to start your own small business in 2024, ….

0 comments
How to make money in Kenya without capital: Become a TikToker.

Top 10 Online Jobs In Kenya That Pay $10k+ Per Month

If you are looking for online jobs in Kenya, then this article is for you. Here are the top 10 online jobs in Kenya that you can do to earn ….

0 comments
Selling NFTs

Top 10 NFTs to Buy to Get Rich in 2024

The price of NFTs is continuing to rise as more and more people flock to the crypt0 space. It’s only a matter of time before we see another BTC-like explosion ….

0 comments
Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

Top 10 Multilevel Marketing Businesses That Are Trending In Kenya

In this article, we are going to look into the top 10 multilevel marketing businesses that are trending in Kenya. But before that, confession time. I have no affiliation with ….

8 comments
Most profitable business ideas 2022

Top 10 Most Profitable Business Ideas in Kenya, 2024

Starting a business isn’t always an easy thing to do. Why? Because there are a lot of things involved before you can open your doors for business. Some of these ….

0 comments
Cash apps to try in 2022

Top 10 Make Money And Earn Cash Apps To Try In 2024

If you are looking for some ways to make more money in 2024, then this list of apps is perfect for you. There are so many options out there, but ….

0 comments
How much is Kenyans.co.ke worth

Top 10 Kenyan Bloggers Making Ksh. 1M Monthly Blogging

Last year May — if you gave me an option to choose between full time employment and blogging I’d have picked full time employment without thinking twice. That’s because blogging ….

0 comments
Boda Boda Business Ideas in Kenya - Businesses That Will Make Money

Top 10 Businesses That Will Make You Money in Kenya in 2024

There is no denying that for 90% of new businesses in Kenya, the sole objective of starting a business is to make money. But, what if you started a business ….

0 comments
Best Telegram Channel for Forex

Top 10 Best Forex Channels For Telegram Signals

Telegram is a popular messaging app that allows users to send and receive messages, photos, videos, and other files. It also has a feature called channels, which are groups where ….

0 comments
Affiliate marketing Korea

Top 10 Affiliate Marketing Sites And Networks to Join in Korea

There are many Affiliate Marketing sites out there, but which are the best to join to make money in Asia in 2023? We have compiled a list of the top ….

1 comment
Best trading books for 2020

Top 10 ‘How to Make Money Books’ to Read in 2023.

If you care about your Finances, you must have found yourself reading a book or two on the same topic. Leaders read and if you have to lead as concerns ….

0 comments
Download TikTok

To The People Who Still Won’t Download TikTok, What’s Your Reason?

There are some people who still refuse to download TikTok, and we’re not sure why. This app is one of the most popular social media platforms in the world, and ….

0 comments
What are NFTs?

Tips for Investing in Cryptocurrencies – 5 Top Cryptos to Consider in 2024

The cryptocurrency market has experienced enormous growth over the past decade, and it is set to expand to new heights in 2024. There are thousands of options for crypto investors, ….

0 comments
earn money by chatting with strangers

TikToker, Earns $7,000 Chatting Men, Recommends ToChat

Earn money by chatting with strangers. Before this post, did you know that such a thing even existed? Well, while the notion might raise eyebrows, you can indeed make money ….

0 comments
Post Your First Video on TikTok

TikTok Business Ideas for Beginners for 2024

This blog post is all about TikTok business ideas for 2024. If you’re just getting started with TikTok and you’re not sure what kind of business you want to create, ….

0 comments
Creating engaging videos on TikTok - Download TikTok

TikTok Business For Beginners – How to Build an Audience with TikTok

Are you looking to grow your TikTok account? If so, you’re in luck! In this blog post, we will discuss some tips and tricks that will help you grow your ….

0 comments
Personal computer and smartphone repair services in Malaysia

The Ultimate Guide to Growing a Finance Blog

The world of finance has a lot of moving parts and is in a constant state of flux. The advice you share on your blog today may not remain relevant ….

0 comments
Popcorn business in Kenya

The Ultimate Guide for Starting a Popcorn Business

You are on the street walking around and your attention is caught by a Popcorn vendor outside some shopping mall. You can’t resist the urge to go get a packet, ….

0 comments

The One on One Guide of Options Trading

It hurts, doesn’t it? You opened an Options Trading account hoping to become rich overnight. You invested a lot of money in your first trade and lost. Invested more in ….

1 comment
Selling NFTs

The Most Profitable Ways to Make Money Selling NFTs

Recently, the crypto community has been swept up in a frenzy over Non-Fungible Tokens (NFTs). But what are they and why should you also want to get one? NFTs are ….

0 comments

The Best Forex And Options Trading Apps of 2023

There are a number of ways you can make money in 2023. Broadly, you can choose to be employed or be self-employed. I usually have a problem with that part ….

0 comments
Play to earn crypto games - Earn free NFTs

The 3 Best Play-to-Earn Crypto Games in 2024

Do you ever wish that your childhood dream of becoming a billionaire could actually become a reality? If you are reading this, the answer is probably yes. The idea of ….

0 comments
The 10 Best Online Trading Courses for 2022.

The 10 Best Online Trading Courses for Brazil

To be successful in online trading, it is important to have the right training and education. But which online trading academy is best for online trading lessons? Is it one ….

0 comments
Tahsin A. from Bangladesh became Trader of the week on Quotex platform, he earned $42 711!

Tahsin A. Earns $42 711! Becomes Trader of the week on Quotex

Are you ready to be inspired by a remarkable trading journey? In this exclusive interview, we share the story of Tahsin A., a dedicated trader hailing from Bangladesh, who today ….

2 comments
Suna west mp Peter Masara attacks Migori Governor over hoodwink projects within the county

Suna West MP Peter Masara Attacks Migori Governor Over Hoodwink Projects Within the County

Suna West Member of Parliament Peter Masara has again outrightly called out the governor of Migori County and his administration for the misappropriation of funds and underdevelopment evident in the ….

0 comments
What causes stocks to change

Stocks Trading for Beginners: Buy Your First Stock Price on Olymp Trade.

Are you looking for a guide on how to trade stocks on Olymp Trade? You’ve come to the right place! In this blog post, we will walk you through the ….

0 comments
Starting a Business for 10K

Starting a Business for 10K | Low Cost Businesses to Try in 2024

Can you start a small successful business with 10K? Of course, you can! And nothing should hold you back in 2024. Not capital. Not lack of business ideas. And certainly ….

0 comments
eCommerce business

Start an eCommerce Business in Kenya With Ksh. 1,599

What’s the most unique business that I can start in Kenya to enjoy profits & monopoly for at least one year! Any ideas? An eCommerce Business? There isn’t a single ….

1 comment
Tiara and Toppers - Start a small bakery business in Kenya

Start a Small Bakery and Earn 2,000/= Daily Baking Cakes from Home

Which is the most profitable business that I can start with almost no capital to earn Ksh. 2,000 daily in 2024? How about you start a small bakery at home! ….

4 comments

Start a Beauty Shop With Ksh. 2K to Make 5K= Daily

Starting a beauty shop with a limited budget is indeed a smart move, especially considering the potential for profitability in the cosmetics industry. Let’s delve deeper into the insights provided ….

23 comments
Spectre.ai Affiliate

Spectre.ai Affiliate Program. Earn Up to $3,650 For 10 Traders

This is for you if you want to start making money in Forex, crypto, digital options, or EPIC without trading. This is for you if you want to be a ….

1 comment
Uhanya beach in Bondo

Sorrow as Epileptic Man Drowns in Uhanya While Taking a Bath

Sorrow in Uhanya village as a 26-year-old man drowned and died in Uhanya Beach Bondo Siaya county. This sad turn of events happened on Tuesday at 6 pm as the ….

0 comments
Small scale business ideas

Small Scale Business Ideas for New Entrepreneurs

Are you looking for small scale business ideas that you can start now or in the next five years? If so, you have come to the right place. In this ….

1 comment
Skillshare affiliate - Learning, Online Learning

Skillshare Affiliate | How to Make $100 With Your Phone Today.

What are you currently using your phone for? Posting photos on Instagram? Posting videos on TikTok? Or just to view status stories on Facebook? Did you know that you could ….

1 comment

 

2 Responses to “11 Trading Lessons I Have Learnt From Trading Binary Options”

Leave a Comment