Simon’s Online Trading Blog
I’m Simon, and I’ve been trading online for quite some time now.
I have quit my day job a year ago and I’ve been making a living online ever since.
The second biggest source of my income is online trading (binary & forex).
About me: I studied Economics in college (Budapest Business School). However, I ended up doing something completely different. Online trading for me was sort of going back to my roots.
I realize, that online trading is not for everyone. If you are not good with numbers, and you are not able to process a lot of information very quickly (and you are unwilling to learn) you will soon find out, that online trading it’s not for you.
The reason why I have created this blog (and most of my other blogs) is to show people that you can make money online.
Enough money to actually quit being an employee and become independent.
I believe everyone should experience the freedom of financial independence (debt-free, successful entrepreneur with no investors to please).
In this blog I will focus on binary options trading and Forex trading, because that’s what I know, that’s what I do and that’s what I have experience in.
People who achieve financial independence usually rely on various different online methods to make money.
One of the methods is online trading; trading Forex and binary options online.
Simon’s online trading blog
– guide to Forex and binary options trading
Binary options trading guide
From the basics all the way to advanced trading techniques, you will find everything here you need to decide whether binary options trading is for you or not.
If you have read the guide and you think binary options trading is something you wish to experiment with, then you can find demo accounts with demo credits here.
With these demo binary options trader accounts you can trade on the real-time market without risking any of your own money.
Forex trading guide
From the basics all the way to advanced trading techniques, you will find everything here you need to decide whether FX trading is for you or not.
If you have read the guide and you think Forex trading is something you wish to experiment with, then you can find demo accounts with demo credits here.
With these demo Forex trader accounts you can trade on the real-time market without risking any of your own money.
Don’t forget the golden rule of online trading!
If someone tells you, that there is such a thing as a “perfect trading system” or “guaranteed ways to make money trading online”, then he is lying.
If someone is selling some “secret ebook with online trading secrets Wall street doesn’t want you to know about”. then run screaming (or just leave the website in silence, up to you ).
Always ask yourself:
Why does a person, who claims to know how to make millions of $ trading online needs to charge $ 20 for his secret methods?
Why does he needs to charge anything at all?
Why is he not busy making even more money instead of writing ebooks?
Why does he want to share his secrets at all?
In short: if it’s too good to be true, then it probably is. Don’t be a fool, use common sense.
Important things to know about trading online
Trading online is NOT a quick rich scheme!
There are no guaranteed ways, no strategies that work every time.
You need to know the basics and then you need to practice. A lot.
If you have talent.; if you have “the knack” for online trading, then you will make money.
You can not learn talent, you either have it or you don’t (that is why you have to start with a free demo account trading with demo credits, so you can asses whether you have what it takes to become an online trader).