Well I admit it, im a novice trader, do I have any special understanding of the financial markets ? Well no, although I have always had an interest in any news that was at hand.
I have never so much as bought a share, or traded a commodity and only really started learning about 2 weeks ago when a friend informed me about the Binary Options broker, Binarix Trading.
He informed me that he had been trading binary options there for a week and already made a good amount of money doing so. Now let me point out that I always take these kinds of things with a grain of salt but he went ahead invited me over to his house and took the time to explain and show me binary options trading online.
As you can now guess I signed up to Binarix Trading who operate as a binary options broker which was simply a matter of visiting their website and clicking the open account link.
From there you will be asked to fill in your details and receive a confirmation link (less than a minute for me) after which your account is open and the only thing that you need to do then is deposit some funds in your account and you are ready to go.
In part II of this series I will go into the details of what he showed me and tell you all about my first binary options trades.