Get Started with Binary Options Trading
Welcome to BinaryTrader — I’m Joanne, a full-time trader and creator of the Binary Trader YouTube channel.
If you’re new to binary options, this page will help you understand how to begin trading safely, step by step, using the same tools and strategies I personally use in my videos.
🎯 Step 1 – Understand How Binary Options Work
Binary options are simple to understand:
You predict whether the price of an asset (like EUR/USD, Apple stock, gold, or Bitcoin) will go up or down within a fixed time.
- If your prediction is correct → you earn a payout (typically 80–92 %).
- If not → you lose only the amount you risked on that trade.
Below are two examples, a winning and a losing CALL (BUY) option. During the trade shown on the left the trader predicted price of Apple OTC will go up. As it turned out, he was right so received the invested $100 back and a $92 premium. In the other case the trader also predicted price of Apple OTC will go up, but price dropped, so he lost his $100 investment.


Interesting fact: Since price has a finite resolution, there is a special rare case when it stays exactly at the same level.
In this case PocketOption will give your staked amount back.
No complex order types, no position sizing, no margin calls — just clear outcomes.
But remember: simplicity doesn’t mean low risk. The market can be unpredictable, so start small and focus on learning before risking real funds.
👉 Learn more about the risks at our full Risk Disclaimer.
🧭 Step 2 – Choose a Reliable Platform
I personally trade on PocketOption, a well-known global binary options broker that supports all the indicators and setups I use in my videos.
For more info check our detailed guide on the platform.
Why I recommend it:
- ✅ Fast and clean interface
- ✅ Built-in indicators like RSI, MACD, SuperTrend, Keltner Channel, and more
- ✅ 1-minute expiry mode for short-term strategies
- ✅ Free demo account — practice with virtual funds
- ✅ 50 % first-deposit bonus using promo code 50START or check our Promo Codes for special promotion.
💡 You can create an account with your Google login in under 1 minute.
🧠 Step 3 – Learn Proven Strategies
Before risking real capital, practice structured strategies that follow clear rules.
Here are a few I recommend starting with:
All these include screenshots, examples, and explanations — perfect for beginners.
You can also watch video tutorials on my
🎥 Binary Trader YouTube channel
where I demonstrate live trades with voice-over and step-by-step commentary.
⚙️ Step 4 – Practice on a Demo Account
Start with virtual funds to understand:
- How indicators behave in real-time
- How trade duration affects outcomes
- How to manage emotions and timing
Once you consistently win on demo, switch to a small real balance — even $10–$20 is enough to start real learning. It’s easy to deposit such amount with a bank card or — my personal favorite choice — from a crypto wallet.
💰 Step 5 – Use Bonuses and Manage Risk
If you decide to go live, use my verified PocketOption promo code for a 50 % deposit bonus.
Remember:
- Trade only 1–2 % of your balance per trade
- Avoid trading during news events
- Don’t chase losses — discipline beats emotion
Consistent trading habits matter more than any single win.
⚠️ Step 6 – Understand the Risks
Binary options trading carries a high level of risk and may not be suitable for all investors.
The content on BinaryTrader is for educational purposes only and reflects my personal experience.
Always trade responsibly and never risk money you cannot afford to lose.
Read full Risk Disclaimer.
🚀 Ready to Begin?
✅ Open a free PocketOption demo account
✅ Watch my latest YouTube tutorial
✅ Explore beginner-friendly strategies
Take your first step today — practice, learn, and grow.
Your journey toward mastering binary options starts right here.
