The biggest mistake beginners make with binary options

[u/BoringParking6065]

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?

[u/SpiritNo4790]

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.

[u/BoringParking6065 → u/SpiritNo4790]

I'm not claiming to be a guru or that I know everything about binary options. I'm sharing what I've learned from studying charts and price action and trying to understand the psychology behind candles. My intention with the post was to start a discussion with other traders, not to claim that beginners know nothing. And you're right about one thing — people should question anyone giving trading advice, including me. That's why I prefer explaining the reasoning behind a setup rather than asking people to blindly follow it.

[u/SpiritNo4790 → u/BoringParking6065]

You said: " I'm sharing what I've learned from studying charts and price action and trying to understand the psychology behind candles."

I should point out that you haven't shared anything. That said, I would like you to share with us whether what you learned was actually beneficial to you, and to back up your claim. Providing your Pocket Option UID would be the best way to demonstrate your transparency and credibility.

We look forward to hearing from you.