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    MJK Binary Options Fast Start Manual

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    justinkhan168
    This document provides instructions for new traders to get started with binary options trading using a demo account. It explains what binary options are, how to sign up for demo accounts with two brokers to practice trading, how to navigate the broker platform and place trades, how to fund a live account using cryptocurrency and withdraw earnings the same way, and emphasizes the importance of risk management when trading live.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    MJK Binary Options Fast Start Manual

    Uploaded by

    justinkhan168
    218 views5 pages
    This document provides instructions for new traders to get started with binary options trading using a demo account. It explains what binary options are, how to sign up for demo accounts with two brokers to practice trading, how to navigate the broker platform and place trades, how to fund a live account using cryptocurrency and withdraw earnings the same way, and emphasizes the importance of risk management when trading live.

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    This book helps me alot

    Original Title

    MJK Binary Options Fast Start Manual.docx (3)

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    This document provides instructions for new traders to get started with binary options trading using a demo account. It explains what binary options are, how to sign up for demo accounts with two brokers to practice trading, how to navigate the broker platform and place trades, how to fund a live account using cryptocurrency and withdraw earnings the same way, and emphasizes the importance of risk management when trading live.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    218 views5 pages

    MJK Binary Options Fast Start Manual

    Uploaded by

    justinkhan168
    This document provides instructions for new traders to get started with binary options trading using a demo account. It explains what binary options are, how to sign up for demo accounts with two brokers to practice trading, how to navigate the broker platform and place trades, how to fund a live account using cryptocurrency and withdraw earnings the same way, and emphasizes the importance of risk management when trading live.

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    © All Rights Reserved
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    MJK BINARY OPTIONS

    FAST START MANUAL


    The purpose of this fast start manual is to guide new
    persons who have no experience in Binary Trading.
    We will be explaining how to create a free Demo
    account so you can start practicing taking trades
    on the live sessions, before you trade with real
    money, so you can get the necessary exposure and
    experience. We will also be showing you how to
    navigate your Broker etc. There will be links below
    with tutorials guiding you every step of the way!

    1.WHAT ARE BINARY OPTIONS?

    Binary option is a type of trading where traders predict the price


    movement of an underlying asset within a specified timeframe.
    Traders have two options: a "call/buy" option if they believe the
    price will rise, or a "put/sell" option if they expect the price to fall.

    Here is a video explaining what is Binary Trading.

    https://shorturl.at/uFXY0
    2. DEMO SETUP.

    Normally you will have to fund your broker first in order to get
    access to a DEMO ACCOUNT. Below are options you all will have
    when creating your very own DEMO ACCOUNT without having the
    need to fund your account first so you can properly practice
    placing trades on the platform.

    a. The two brokers below are used for our Morning and
    Noon Sessions (9:00AM and 12:00PM). You can register
    for either one or even both if you wish!

    www.quotex.com/demo-registration

    https://pocketoption.com/FreeDemoRegistration

    ⬆
    Click the link, fill out the email and password then click register.
    OTC- Over the Counter price is a simulated virtual market
    provided by the broker themselves. It is not the real Forex
    markets hence it may behave differently. Please avoid
    trading OTC pairs without any experience in the market!

    3. PRACTICING PLACING TRADES!

    Click the below link to watch a video on how to navigate your


    broker and place trades alongside us on our morning trading
    sessions.

    https://shorturl.at/epyXY

    fggd
    4. FUNDING AND WITHDRAWALS!

    The recommended method of funding your live broker account is


    CRYPTOCURRENCY. If you do not have access to cryptocurrency then
    reach out to your enroller and they will be able to assist you since
    you can purchase crypto right here on the team.

    This will be the same method of withdrawing as well. When it's time
    to withdraw, your enroller will help you setup your crypto wallet to
    receive the funds then you simply sell the usd (can be done right
    here on the team as well) to then convert back to your local currency

    Below has short videos explaining how to fund your broker and how
    to withdraw your funds from your broker as well!

    https://shorturl.at/aD137

    5. RISK MANAGEMENT!

    Even though we have a very high winrate, you definitely want to risk
    properly when trading with your live account. Reason for this is to
    ensure you stay profitable. We recommend placing trades for 1-2% of
    your account for every trade that you are placing. This gives your
    account room to grow. Always remember you are FULLY responsible
    for the money in your account so ensure when risking in the market
    you trade with what falls within your risk tolerance.

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