Good Morning System Trading Journal

This thread will be dedicated to the Good Morning System. This is a paid system so those that are turned off by this look elsewhere. This system uses Binary Options for trading and trades only once per day. It requires only about 60 seconds of your time each day to trade.


What I will not reveal.
1. What pair or asset is traded.
2. What time exactly it's executed.
3. how long the trade is in for.


What I will Share.
1. winning %
2. Daily trade progress
3. Benefits of Binary Options as apposed to standard trading.
4. Anything I can without revealing the system



Just a brief summary of the system by the creator...
-82.7% win ratio since 1/3/12.
-It trades a particular same asset once a day.
-It trades that asset every weekday morning at the exact same time (Between 9-10 EST).
-It does not require any charts or indicators.
-Involves NO personal judgment (which means no nerves/emotions)
-It literally takes under 1 minute from start to finish to place the trade.
-no experience necessary




Sense I started watching the system it's been 6 wins no losses. I started trading it live July 16th. I'll be posting my daily results on this thread along with my total account balance. Stats of the system will be posted first on my blog at http://www.work-home-jobs.net/good-morning-system/then here on Forex Factory. I am not the owner of the Good Morning System and am in no way connected to it. I'm just a trader that found the system and am posting the live results here.


I'm starting with only $250. I should be able to grow this amount fairly quickly.

July 16th update.

Win. Account total now $269

July 17th update.

Loss. Total account now $245

Will this work on any US based binary options broker?

Nadex or how about Oanda's box options ?

Thanks

These are the 2 brokers I know that work well with the system. They both allow US clients and are honest.

http://www.bbinary.com

http://traderush.com

Thanks Cubby, but i believe neither is registered with the NFA/SEC so i dont think US clients can open an account there.

Also, Bank De Binary has bad reviews on forexpeacearmy.

I have not used Banc de binary. The person that introduced this system to me uses them. Both Bokers do except US clients but use them at your own risk as I do not think they are registered with the NFA.

I am using Traderush and have been for a while. They have been a great broker so far.


Just a little hint. This system does not use a currency pair for it's daily trade. so you may not be breaking any NFA rules.

July 18 update.


Loss. Total account now $223


To bad I didn't start last week. The system had 5 straight wins. Oh well can't when them all.

July 19, Win. Account total now $238

July 20, Win. Account total now $255

I've been recording results with this system for 2 weeks now. I've been live for 1 week.

3 wins 2 losses for my first week.

2 week progress shows an 80% win rate with 8 wins and 2 losses total.

Hi Cubby,

Any updates? Are you still maintaining your win rate?

Regards
Pardy

Wow. I didnt know people were still watching the thread. Yes there are updates. Thought that no one cared. Lol.

Updated stats..

July 23 Win
July 24 Loss
July 25 Loss
July 26 Win

I'm expecting a win tomorrow and also at least 4 wins out of 5 trades next week. See what happens. As long as I'm getting

Account total now $254. Tomorrow's win should put me in good profit.

July 27, Win

As expected I received a win today. For next Week I'm expecting at least 3 wins at of 5 trades but I should receive 4 wins. Stay tuned for the results.

By the way. Most of these wins are total wins where price is not even close to the entry. Every trade is placed at the same time each day and lasts exactly 45 minutes. It's truly an amazing system.

Are you still trading this system?