Basic Trading Course - Quotex (Binary Options)
1. What is Quotex?
Quotex is an online binary options trading platform that allows users to predict whether the price of an asset will go up
(CALL) or down (PUT) within a fixed time period. You earn profit if your prediction is correct.
2. Basic Terminology
- CALL: You predict the price will go up.
- PUT: You predict the price will go down.
- Expiry Time: The duration of your trade (1 min, 5 min, etc.)
- Payout: The profit you earn if you win the trade (e.g., 80% payout on $10 = $8 profit).
3. How to Trade on Quotex
1. Choose an asset (Forex, Crypto, etc.)
2. Select a time frame
3. Set investment amount
4. Predict CALL or PUT
5. Wait for expiry to see if you win or lose.
4. Money Management
- Never invest more than 5-10% of your capital in one trade.
- Always use a fixed plan and avoid emotional trading.
- Use demo account to practice.
5. Basic Strategy Example
Strategy: Combine RSI + Support/Resistance
Basic Trading Course - Quotex (Binary Options)
- Wait for RSI to go overbought (>70) or oversold (<30)
- Confirm with support/resistance levels
- Trade in direction of reversal.
6. Tips for Beginners
- Start with demo account
- Focus on 1-2 strategies only
- Trade only during active market hours
- Track your wins and losses
- Avoid overtrading or revenge trading.
7. Disclaimer
Binary options trading is risky and not suitable for everyone. Never trade with money you cannot afford to lose. Always
do your own research and learn risk management.