US 500 Index Binary Options With NADEX

Looking good Buy US 500


This was a revenge trade. I gotta work on my emotions... I just set it to max position and chose a direction. Luckily I didn't lose everything.

Selling US 500




Out for +$108

Today I had stuff to do in the morning so I couldn't trade. This afternoon I said to self "self only look for one trade". I watched price live from about 12pm until 2 waiting for an entry signal. Which ended up paying out. From now on I will be focusing on trading once at max twice per day. Once in the am after nadex 20 minute options open (9:40 est) and once in the afternoon post 1pm. My goal is to get 7 winning trades in a row starting with a risk of up to $100 then doubling if the profit objective is reached. If the trade has to be closed before expiry it will not double the next trade.

Step one is to win 4 trades then bank $1,000 and keep trading with the remaining $600.

Step two is to continue doubling 4 more times which would equate to roughly $9,600

Step three is somewhat unknown... 20 minute binary options do not have endless lots for you to buy/sell. It is based on what orders are available in the market depth this is limit orders from other traders and liquidity providers. Ultimately I'd like to trade higher amounts as I continue to improve the trading strategy. But this may have to be done with longer term options because the 20M market depth usually has anywhere from 40-50 lots available in my limited experience. This requires more study. Also means I'll have to use limit orders rather than entering at market. I like entering at market because it can be done last minute rather than checking market depth and typing out order info.

Long US 500


Closed the position early because it looked like it was coming back down 40ish dollar profit. Glad I didn't stick with the trade because it retraced and would have been a loss.

Long US 500


Closed for +$50

Long again


-$66

Shorting US 500


-$66

Selling again

Short us 500

I have ways to trade binary options on Nadex, maybe we can work together, looking forward to hearing from you!

Have you ever noticed money in reserve with Nadex? I have noticed that on some instances when I take profit before 5 minute expiry that there would be money in reserve after I closed the trade and Nadex would toss contracts at me that I never ordered and they would be a complete loss. Any insight on this issue?