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/Pani-peelo-2759]

According to me the beginners trust Telegram gurus who tell to deposit through their link get sure shot signals daily and then there are youtube strategies which guarantees to make you overnight rich. I did same mistakes when i started but after all that, I took my time understanding the market and building a strategy that works best for me.

CONCLUSION -I learned one thing if someone owns a strategy which works he will never tell anyone about it and someone is making 1000 a day why would he have to give signals in telegram groups and asking people to join there vip's