DislikedI remain bullish on the EUR/USD. After the market reopened, I bought an up/down binary on EUR/USD up (> 1.4204) at 30 points. The risk is 30 to make 70. There is some news during the London session, so we'll see.Ignored
Nadex trading binary options, you better be losing money on that 3 replies
Multi Time Frame Analysis for Spot and Binary Options 457 replies
Rekon Xs and Market Scanner for Spot and Binary Options 442 replies
Spot Forex vs CFD Forex: Are we really trading Spot? 11 replies
show me one advantage of binary options over spot forex 16 replies
DislikedNice post kfmfe! This is what I've been thinking about: use the binaries as a "hedge." There will be days I will succeed with binaries where I might not do as well with spot forex trades. Or better yet, days when I do well with both . Plus one great advantage with binaries is you know right up front what your potential loss and/or gain will be.
Regards,
CoachIgnored
DislikedAlright, so I was looking at IG Markets due to the fact that it has no commission charges. I couldn't see anything about "Fees" like Nadex uses ($1 to open a contract, $1 to close the contract). The other thing that I saw was that the Binary Contracts are listed at $10/point. I guess my question is: If it's $10 a point, do the contracts all settle at $1000 or $0? Or am I missing something altogether here?Ignored
DislikedThis week the e/u has ranged less than 200 pips for the week. So really no big mystery this week with the euro. No major news came out this week so that had alot to do with it. Stocks had a great week with all the earnings reports. So at nadex you could have traded the futures long & you would have made out like a bandit. Euro has been trading like this for the last 2 months & euro did break an upper trend line this week so this looks bullish at least on the weekly chart.Ignored
DislikedWell today I ended the week in a very satisfactory way. I am very excited about Binary Options. It's too bad so many traders that were contributing to the thread have left. Maybe they'll come back some day.
I'm considering a live account the middle to end of next week. All of you have a great weekend!
CoachIgnored
DislikedWell today I ended the week in a very satisfactory way. I am very excited about Binary Options. It's too bad so many traders that were contributing to the thread have left. Maybe they'll come back some day.
I'm considering a live account the middle to end of next week. All of you have a great weekend!
CoachIgnored
DislikedThe good thing about spot FX is the lengthy demo periods you can have to refine a method. 14 days isn't really long enough for me to have a clear idea of what I want to achieve. That's me I'm afraid, I've worked hard and studied long to get where I am in the spot market and I'm not ready to plunge into a new arena just yet.Ignored
DislikedI have been following this thread with great interest and i hope it continues as well. I have always been a fan of options and I really like the binary options and the possibilities they bring. I been testing the waters with a demo account at Nadex. I have been pretty conservative and i have turned my $25,000 demo account into a $27,144.50 demo account. I am looking to go live next week.Ignored
QuoteDislikedI'm very happy to hear you are still reading the posts in this thread. I have always enjoyed reading your thoughts on trading.
Coach
Dislikedi LOST 22k just yesterday trading binary options !
this is pure gamblig unless u know where markets are gonna go...does anyone know what is the limit when u buy binary options? can you buy 1000$ per point?
maximum i did was 100$ but i wonder if there is any limit and how this is processed? who takes the other side of binary option....in my opinion is the brokerIgnored
DislikedCorrect me if I'm wrong but I think you can close out before expiry if you want to. There may be times when some profit is better than a loss. It depends on what your trading style is and what sort of binary you've taken.Thank youIgnored
Dislikedit was on real account...wish it was on demo.
i traded on IG index and i could bet 100$ per point. so 50$ per point is not the limit?? where did u find out about 50$ ?Ignored
DislikedYou may also have some more options for a broker since you live in the UK. As far as I can tell, we have two here in the US, Nadex and IG Markets.
CoachIgnored