does anyone know for sure....whether broker is LOOSING or WINING money when im trading options at IG index or hedgestreet? or are the other people who are loosing and broker is just getting commissions?
thx
thx
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DislikedLet me tell you what happened today. I trade hourly contracts. I made a trade with less than 30 min to expiration on e/u which went up today. I sold 3 at 15 for price to close <1.4150. Price was hanging around at 1.4130 & 1.4140. Price at 1.4150 was holding good as a resistance. So there are 2 minutes left to go & the price is still at 1.4130 & all of a sudden i see this huge bullish candle take off. I couldn't believe my eyes. It went up about 70 pips in about 2 mins. Trading had closed so i couldn't do anything. The bad thing is I had already...Ignored
Dislikeddoes anyone know for sure....whether broker is LOOSING or WINING money when im trading options at IG index or hedgestreet? or are the other people who are loosing and broker is just getting commissions?
thxIgnored
DislikedBroker only makes commission, they do not make or lose on our trades.Ignored
DislikedDoes anyone know how these types of contracts (binary) are treated by the IRS? I've attempted to research on the web with very few results. It appears that for such a new instrument, not much is known. I do not want to get into this and later find out that I should've declared some kind of status or filed some kind of form.
So far the demo has been quite successful and I would like to move forward; still need some info.
I don't want explicit tax advice, just general facts on the binary contract such as Nadex and what implications that it might...Ignored
DislikedBroker only makes commission, they do not make or lose on our trades.Ignored
DislikedDoes anyone know what the maximum trade size is for binaries at igmarkets?Ignored
DislikedYes, I'm making so much money with them that I decided to ask. It is 10 contracts. But you can trade more just by making another trade, or by calling them.Ignored
DislikedOkay. Have you doubled your money yet? I started last week and earned about 19 %. Today I will earn about 7.4 %
Edit: If I make two 10 contracts trades does it then have to be with two different symbols or can it be the same symbol?Ignored
DislikedI have doubled my money twice, and tomorrow or the next day will be the third time. Of course I've been at it a whole month now .Ignored
DislikedHow do you do it so fast? I earn from 0 % to 10 % in a day by trading very low risk daily up/down ladders and I usually wait until after important news is released.Ignored
Dislikedk just kinda gettin this stuff so be gentle
today i baught
(master) usd/ jpy 94 to 97 at 3pm
EU > 1.3780 at 3pm
EU > 1.3800 at 3pm
with my understanding i should win on all 3.... but my acount is 470$ in the red....Ignored