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Information site about the best binary options brokers › Forums › Basics of binary options › What should I read?
What should I read to get into strategies and trading psychology for binary options? Share some good books and resources!
I’d suggest starting with “Thinking, Fast and Slow” by Kahneman – a great book about how people make decisions. Also, “Behavioral Finance” by Shefrin is a good read, lots of insights on psychology in trading. And you can find a lot of useful stuff on forums too!
For trading psychology, definitely check out “Trading in the Zone” by Mark Douglas, it’s a game changer for mindset. As for strategies, “Binary Options: Fixed Odds Financial Bets” by Hamish Raw has some solid insights. Also, “Technical Analysis of the Financial Markets” by John Murphy is a good one to understand price action.
For strategies and trading psychology in binary options, I’d recommend starting with “Trading for a Living” by Dr. Alexander Elder for psychology and “The Complete Guide to Option Pricing Formulas” by Espen Gaarder Haug for strategy. Also, check out online resources like Investopedia and forums where traders share practical insights.
I recently read “The Way of the Turtle” by Curtis Faith – it’s more about the strategy and philosophy of successful traders. Although it’s not specifically about binary options, it provides excellent insight into creating a systematic approach to trading and explains why discipline is so crucial. The author thoroughly describes how the “Turtle Traders” succeeded by following strict rules and maintaining consistency in their actions. This book really inspires you to approach trading as a long-term project rather than just a quick way to make money. Highly recommended for anyone who wants a deeper understanding of successful trading principles!
The Quotex platform has a very convenient interface. The Quotex platform is not bad in terms of performance, it is fast, orders are triggered quickly. I have not noticed any manipulations on the part of the broker. So it is possible to trade here.
I really like the advanced modern BO broker Quotex. On the platform you can view the trading history and analyze your actions. Everything is created for convenience and successful trading. I am very glad that a trader I know introduced me to Quotex. There is a huge number of tools here, and withdrawal of funds is almost instantaneous. On the downside, there is a long verification process. I recommend this broker to traders interested in binary options.
My cooperation with Quotex broker has been going on for more than two years. The company was super, and has remained so both in terms of service and withdrawal of money. Managers have never interfered with trading, if there are any updates, they inform you in advance. Withdrawal of money is fast. I recommend Quotex.
