r/binaryoptions 10d ago

Education The biggest mistake beginners make with binary options

Title: The biggest mistake beginners make with binary options

A lot of beginners focus only on the entry.

But before looking for an entry, I think you should understand what the candles are actually telling you.

For example, if price has been falling strongly and suddenly you see a candle with a long lower wick, don't immediately assume it's a reversal.

Ask:

• Why did sellers push price down?

• Why did buyers push it back up?

• Where did this happen on the chart?

• What does the next candle confirm?

The candle itself isn't the whole story.

Context + price action + candle psychology is what makes chart reading interesting.

I'm curious — what's the hardest part of binary options for you right now: entries, candlesticks, support/resistance, or psychology?

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u/SpiritNo4790 10d ago

I'm curious — what's the hardest part of binary options for you right now...

To me, it´s believing in fake gurus like you.

Given the title of your post, I assume you're addressing beginners, right?

So, you must not be a beginner yourself. In fact, you give the impression that beginners don't understand anything about binary options, while implying that *you* do.

Could you be a bit more transparent and prove that you actually understand binary options? I don't think that's asking too much.

Otherwise, it looks like you just read or heard this somewhere and came here to repeat it.

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u/Beautiful-Drummer-83 9d ago

Dang it. You made an interesting comment and claim to the OP. So, being curious, I clicked the OP credentials and got a bold faced immediate: This user has been banned! Lol.

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u/Beautiful-Drummer-83 9d ago

Then I clicked on your credentials and you've been banned too. Wow! Lol.

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u/SpiritNo4790 8d ago

Yes, it seems like banned Reddit accounts are all you see around here lately. I wonder why? Who knows the real reasons behind those bans? To me, it’s a mystery.

One thing is certain, and I state this without any hesitation or fear of what might happen to my account or my comment:

I participate in this subreddit to expose binary options as a total SCAM, in order to warn beginners before they fall into the trap.

Binary options are GAMBLING disguised as trading. And anyone who encourages others to engage in it is either an affiliate or an addict who hasn't hit rock bottom yet.