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Nadex binaries

  • #1
  • First Post: Jun 27, 2015 12:34am Jun 27, 2015 12:34am
I have an account with Nadex and wondering about anyone else's experience with these types of binaries. I've been following the Apex investing forums and it seems that no one ever loses and everyone has thousand dollar days and few draw downs. People saying that the Apex system has changed their lives and so on. I'd ask the forum there, but the people there are very cult followish.
  • #2
  • Jun 27, 2015 2:13pm Jun 27, 2015 2:13pm
Hey

I trade Nadex, I dont follow Apex, partly because of exactly what you said, it seems cultish. I tried some of the stuff they suggested and let me tell you, I didnt have the success they have. They base all there trades on probability with time remaining. Myself Im more of technical trader, so these ideas are IMO are hard to follow. For example they trade 5 mins, risking 9 to 1 and they claim 95% accuracy. Little to much risk to reward ratio for myself.

As for NADEX, I really like NADEX, the exchange ensures exits at times of drawdown or profit. Compared to your overseas BO dealers.

If your new to nadex, play on the demo for a few months, get use to it. Once you understand NADEX, it will help tremendously when trading live. Personally thats what I did, and havent looked back.

Check out my post here: http://www.forexfactory.com/showthread.php?t=541030

and if you have any questions or looking some helpful tips hit me up on skype : COGSx86
Learn, a forex trader must, unlearn and relearn he will.
  • #3
  • Jul 9, 2015 7:04pm Jul 9, 2015 7:04pm
Quoting COGSx86
Hey I trade Nadex, I dont follow Apex, partly because of exactly what you said, it seems cultish. I tried some of the stuff they suggested and let me tell you, I didnt have the success they have. They base all there trades on probability with time remaining. Myself Im more of technical trader, so these ideas are IMO are hard to follow. For example they trade 5 mins, risking 9 to 1 and they claim 95% accuracy. Little to much risk to reward ratio for myself. As for NADEX, I really like NADEX, the exchange ensures exits at times of drawdown or profit....
HelloCOGSx86,
Sorry to ask this here, but do you know if NADEX offers one touch/no touch on forex ? If so do they also offer it on intraday ? I tried to look it up on google but i had little success finding anything. I opened a demo account on ipad just to het the feel of it, but i still cant find those touch/no touch types of options. Thanks.
  • #4
  • Aug 12, 2015 9:19pm Aug 12, 2015 9:19pm
Quoting metta87
{quote} HelloCOGSx86, Sorry to ask this here, but do you know if NADEX offers one touch/no touch on forex ? If so do they also offer it on intraday ? I tried to look it up on google but i had little success finding anything. I opened a demo account on ipad just to het the feel of it, but i still cant find those touch/no touch types of options. Thanks.
No. here is no one touch/no touch on NADEX.
  • #5
  • Oct 5, 2015 5:57pm Oct 5, 2015 5:57pm
Quoting nadexfan
{quote} No. here is no one touch/no touch on NADEX.

You can somewhat simulate a one-touch. Put in an order to get you out at a certain option price level. For example price on the EUR/USD is at 1.4960 and you bet price will be higher than 1.500. You could get the EUR/USD > 1.500 which is OTM and $20. But if you just wanted to get out on a touch of that price you could put in an order to Sell your EUR/USD > 1.500 at $50. That works because the strike closest to indicative price will usually be around $50. End result is $50 sale price - $20 purchase price = Gross profit of $30 not including fees.

That's pretty much how I play the Nadex Binaries. Try to get OTM for $25 or less. Set my exit to get me 2:1 reward/risk plus a little extra to account for fees.
  • #6
  • Last Post: Jul 20, 2017 8:25am Jul 20, 2017 8:25am
If you are Nadex clients keep in mind that the broker has announced it is terminating its fee-free trading days program on July 21, at close of business.
According to their announcement, any account that has not been initially funded as of 4:15 pm ET on July 21, will not be eligible for the fee-free trading days anymore. Clients who have some fee-free trading days, will have until August 18, at close of business, to use those days.
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