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DislikedHey!! 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!Ignored
DislikedWell, 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.Ignored
Disliked{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?Ignored
Disliked{quote} hia @guybaker, can you give insight about your system for BO? Thanks in advanceIgnored
DislikedIs 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 meIgnored
Disliked{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.Ignored
Disliked{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.comIgnored
Disliked{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...Ignored
Disliked{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?Ignored
Disliked{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...Ignored
Disliked{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...Ignored