I got drawn in with binary trading at which I promptly lost $500. Now that I’ve found babypips, I’m getting educated first. I’ll be checking daily as I prepare to be an effective trader. Best of luck to all.
Harold
Hi Harold
You are lucky that you lost $500.00 quickly.The dangers of new traders is to start trading and by luck be a consistant winner and put more money because your brain tells you its easy and by split second loose everything.Trading is a difficult profession.First thing you need is a simple tested system that delivers a good return on capital every year trading forex on long term basis with a strict money management rules and you need only to spend 1hour a day on it. Forget about reading everything in the internet, everything is noise, the only truth in the market is price and no body knows where the market will go up or down, you just follow your system thats it.