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Binary Option Trading

  • #61
  • Sep 29, 2015 11:34am Sep 29, 2015 11:34am
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  • #62
  • Apr 7, 2016 1:01pm Apr 7, 2016 1:01pm
I don't understand what are people who trade binaries counting for? They give their money away and then come to forums and complaining about blocked accounts. Binary are waste of time and money. That's my opinion.
  • #64
  • Mar 20, 2017 5:20am Mar 20, 2017 5:20am
Guys,I'm sorry for not providing you with instructions but i execute my trades when there's 30seconds purchase time left after getting a signal,the DXTrade C4 Nitro has a visible indicator that "Says wait,buy or sell"

I'll look into it and get back to you,I'll try writing a document with pictures provided. Happy trading

NOTE:Start with demo first. Binary Option
Attached File(s)
File Type: zip Kill 60 sec trades.zip   60 KB | 1,101 downloads
File Type: pdf trenddashboard.pdf   200 KB | 2,648 downloads
  • #65
  • Mar 20, 2017 6:11am Mar 20, 2017 6:11am
Quoting beehivesjoe
Hey!! I've been trading binary options for a few months now, I was wondering if anyone here does? The strategy I've been using is a 120/360 emas (which are 10/30 emas on the hour) on the 5 minute. I wait for price to get around these levels and then form a reversal candlestick. (pin bar, hanging man, engulphing etc) If you guys are trading which platform do you use, what's your strategy, what timeframe do you use (5 minute, 15, 30, hour) maybe we could start posting some charts? Lets see if we can put a killer strategy together!

I have been trading 1,2,5,20 min binaries at IG since 2015 and Binary.com since late 2016, I make money. It is my own system.
I live entirely from the growth of my personal trading account
  • #66
  • Mar 20, 2017 6:17am Mar 20, 2017 6:17am
Well, binary options... Subscribed, will take a look later on it. Btw, trading binary options (traded more then a year) , i loved it. When combined with forex, monthly results are great if you know how to manage your portfolio right.
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #67
  • Mar 20, 2017 6:20am Mar 20, 2017 6:20am
Quoting mbertaggia
​​ {image}

If you are using 24option as i see, change them and say Bye bye to them. Other brokers gives more % in return and platform is more stable,btw, they are atracting people with providing Bonus when you deposit, thats a big lie and scam, if you will be lucky and make huge profits,they will always find a way to not give you money, Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #68
  • Mar 20, 2017 6:36am Mar 20, 2017 6:36am
Quoting SkullCandy
Well, binary options... Subscribed, will take a look later on it. Btw, trading binary options (traded more then a year) , i loved it. When combined with forex, monthly results are great if you know how to manage your portfolio right.

With your strat, what is your maximum draw down from any peak? If you got 40% return in a month I fear you are taking a massive risk and will eventually blow up your account.

I make about 100% a year, my MDD ffrom peak is 19% in all of my back testing and live trading. That gives a Return/MDD of about 5 which is pretty good.

Are you sure you have a handle on the risks you are taking?
I live entirely from the growth of my personal trading account
  • #69
  • Mar 20, 2017 6:53am Mar 20, 2017 6:53am
Is there any binary option broker that will not steal your money + profits?!

Anyone trading binary option 60 sec. option will blow their account sooner than later. Maybe success can be with higher time frames and if return on investment is 80-90%

Before all, must find a legitimate broker, who finds, tell me
  • #70
  • Mar 20, 2017 3:48pm Mar 20, 2017 3:48pm
Quoting guybaker
{quote} With your strat, what is your maximum draw down from any peak? If you got 40% return in a month I fear you are taking a massive risk and will eventually blow up your account. I make about 100% a year, my MDD ffrom peak is 19% in all of my back testing and live trading. That gives a Return/MDD of about 5 which is pretty good. Are you sure you have a handle on the risks you are taking?

hia @guybaker, can you give insight about your system for BO? Thanks in advance
Make your own rules and stick to it.
  • #71
  • Mar 20, 2017 4:04pm Mar 20, 2017 4:04pm
Hi guys, what are the best indicators to use on short term 10/15 min trades. Cheers
  • #72
  • Mar 20, 2017 4:59pm Mar 20, 2017 4:59pm
Quoting charli86
{quote} hia @guybaker, can you give insight about your system for BO? Thanks in advance

The only insight I can really give you is that it is possible to make money trading Binaries. I trade using primarily statistical analysis and I execute my trades by computer, you can see from my profile that I am a software engineer by profession and it is from that perspective that I tackled the problem of finding a reliable edge.

In trading I doubt you will find anyone who will disclose their winning formula to you, it just makes no sense to do so.
I live entirely from the growth of my personal trading account
  • #73
  • Mar 20, 2017 5:01pm Mar 20, 2017 5:01pm
Quoting Kalamegdan
Is there any binary option broker that will not steal your money + profits?! Anyone trading binary option 60 sec. option will blow their account sooner than later. Maybe success can be with higher time frames and if return on investment is 80-90% Before all, must find a legitimate broker, who finds, tell me
I trade a lot of 60 second binaries, it is about having an edge and sound money management, for example I will not risk more than 1% of my cash on any give trade.

I trade on IG.com and Binary.com
I live entirely from the growth of my personal trading account
  • #74
  • Mar 20, 2017 5:23pm Mar 20, 2017 5:23pm
Quoting guybaker
{quote} The only insight I can really give you is that it is possible to make money trading Binaries. I trade using primarily statistical analysis and I execute my trades by computer, you can see from my profile that I am a software engineer by profession and it is from that perspective that I tackled the problem of finding a reliable edge. In trading I doubt you will find anyone who will disclose their winning formula to you, it just makes no sense to do so.
I understand you, me personaly trading BO around 1,5 years now,been activ on another forums especialy for BO so i understand your point of view... Cheers
Make your own rules and stick to it.
  • #75
  • Mar 20, 2017 7:35pm Mar 20, 2017 7:35pm
I make most of my trading income through Nadex binaries. Quite a bit different than most "off shore" or broker traded binaries, but not so different I wouldn't be able to make money, though. Nadex is regulated exchange and not a broker and in the US, hence my choice to go with them. Now that I've been doing Nadex binaries for a few years now, I wouldn't trade without using them in some for be it income, risk reduction, hedging spot trades, etc. Defined risk takes so much guess work out of trading.
  • #76
  • Mar 21, 2017 2:43am Mar 21, 2017 2:43am
Quoting guybaker
{quote} I trade a lot of 60 second binaries, it is about having an edge and sound money management, for example I will not risk more than 1% of my cash on any give trade. I trade on IG.com and Binary.com
1% risk sounds very good as reason why you might not be blowing your account but still I find 60 sec very risky, 5 min and more is more rational.

Ig.com looks good broker and well regulated while binary.com not that clear in regulation terms.

- Which of both do you prefer and what platform do they run? Is it smartphone friendly?

- Which of both have more simple opening of account like less requests for many documents..etc?

- With Ig.com do you trade the Digital 100 that seem more binary or you trade the "options"?

- What % return on investment is available?

It's nice that they offer dsily weekly and monthly but problem is that % return is much lower than short time frames.

I prefer trading binary directly from mt4 and who offer it are mainly the bad brokers.
  • #77
  • Mar 21, 2017 2:56am Mar 21, 2017 2:56am
Quoting Kalamegdan
{quote} 1% risk sounds very good as reason why you might not be blowing your account but still I find 60 sec very risky, 5 min and more is more rational. Ig.com looks good broker and well regulated while binary.com not that clear in regulation terms. - Which of both do you prefer and what platform do they run? Is it smartphone friendly? - Which of both have more simple opening of account like less requests for many documents..etc? - With Ig.com do you trade the Digital 100 that seem more binary or you trade the "options"? - What % return on investment...

I prefer IG.com . Binary.com are regulated as a gambling organisation, I have had no problems with them.

I use IG Sprint Markets, but for now they are not offering sprints to new clients pending the FCA decision on further regulation of Binaries

I have 28 views open on the forex market across all the majors, from1,2,5,20 minute timeframes, my system only finds an average of 5 trades per day that fit my criteria. It's not about timescale it is about probability of winning and money management. My unit size per trade is 1% of my cash, my Binary system made 95 units in 2016, my real return is greater than 95% because I compound my unit size as my cash grows.
I live entirely from the growth of my personal trading account
  • #78
  • Mar 21, 2017 3:23am Mar 21, 2017 3:23am
Quoting guybaker
{quote} With your strat, what is your maximum draw down from any peak? If you got 40% return in a month I fear you are taking a massive risk and will eventually blow up your account. I make about 100% a year, my MDD ffrom peak is 19% in all of my back testing and live trading. That gives a Return/MDD of about 5 which is pretty good. Are you sure you have a handle on the risks you are taking?

Hi guybaker, 40% monthly is just from alot of tests on demo, finding good spots for short term trades with expiration from 1 minute to 15 minute. In a week or two ill get back to binary options, traded with binary.com, very simple and very reliable broker. But now i will trade with iqoption, love those public chats and alot of usefull features they are giving.
What about trading bro, real one, im opening position with no more like 1% of my full portfolio, then Hedging if needed. From my trading expierience im making 17-22 % monthly with almost the same or lower DD, im not spamming trades like most people do in binary, im doing only when i see a full picture Why i quited , becouse i had DD more then 45 % of my full investment,cause of fallse brakeout,and just spammed alot of short trades like crazy one ...then miracle happened that i almost restored it to previous spot in couple of weeks,then i took a pause with Bo. Will scalp my way i think in a week, or at the start of new month Take care
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #79
  • Mar 21, 2017 3:32am Mar 21, 2017 3:32am
Quoting guybaker
{quote} I prefer IG.com . Binary.com are regulated as a gambling organisation, I have had no problems with them. I use IG Sprint Markets, but for now they are not offering sprints to new clients pending the FCA decision on further regulation of Binaries I have 28 views open on the forex market across all the majors, from1,2,5,20 minute timeframes, my system only finds an average of 5 trades per day that fit my criteria. It's not about timescale it is about probability of winning and money management. My unit size per trade is 1% of my cash, my Binary...
Wasn't interested in your stats dude but more about answering my questions
  • #80
  • Mar 21, 2017 3:34am Mar 21, 2017 3:34am
Quoting SkullCandy
{quote} Hi guybaker, 40% monthly is just from alot of tests on demo, finding good spots for short term trades with expiration from 1 minute to 15 minute. In a week or two ill get back to binary options, traded with binary.com, very simple and very reliable broker. But now i will trade with iqoption, love those public chats and alot of usefull features they are giving. What about trading bro, real one, im opening position with no more like 1% of my full portfolio, then Hedging if needed. From my trading expierience im making 17-22 % monthly with...
Do you know the win loss ratio of your strat? Over a lot of setups, 10k+ is my recommendation.

Do you know the maximum draw down from peak?

If you do not know these things, I don't believe you have a handle on the risk, and with no handle on the risk, I fear you will eventually go bankrupt.. just my humble opinion. Bon Chance!
I live entirely from the growth of my personal trading account
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