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Binary Option Trading
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Rob S
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July 17, 2015 - 02:49
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Hey Guys:

I dusted off my binary account and traded for 30 - 45 minute periods for 3 straight days live.  Not using huge amounts of money... will up my trade amount once I double my account.

Haven't been that disciplined on my Martingale strategy, but here are my 3 days results:

 

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Rob S
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July 17, 2015 - 07:40
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Rob S
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July 19, 2015 - 09:41
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Attempted trading OTC using the broker's charts  this weekend.  6 wins -9 losses and actually made a little money with the Martingale.  But this solidifies the point that trading without the use of an MT-4 is gambling at best.

No more OTC trading for me.  With OTC, I may as well go to a casino, at least there you get free drinks.

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Rob S
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July 20, 2015 - 03:13
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Binary Results.  Ended session with a loss.  I hate that!  But still was a profitable trading session.

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juakali
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July 21, 2015 - 02:29
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Nice going, Rob.

Do you wait for a specific type of set up (such as a 'leaner', for example)?

Do you wait for the price to "pop", as Theo likes to do, before pressing the button?

It's a bit of a pain, but it would be great if you could post some pics showing where you took Puts and Calls.

Cheers, Peter (Colpoys)

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Rob S
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July 21, 2015 - 07:18
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Hi Peter:

 

Had a shit session trading Binaries today.  Problem was I was trying to trade while price was in a solid Resistance box. But Martingaled things and met my daily target.  

Try watching this video of my live session. It details how I trade.

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  I will do a follow up on what I have found.  These brokers are sketchy though.  Discovered IQ markets won't let me transfer funds until I have traded a specific volume.  This is how they are guaranteed to clean up!  

The following users say thank you to Rob S for this useful post:

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juakali
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July 21, 2015 - 09:14
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Excellent video! Thanks Rob.

Cheers, Peter

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Rob S
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July 21, 2015 - 13:35
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Today's Binary Results.  Not the best day.

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Rob S
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July 23, 2015 - 02:31
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Had break even day yesterday.  Today's results

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juakali
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July 23, 2015 - 05:14
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Hi Rob, I have been trying binaries on Demo following your video technique as closely as I can. Good results so far. Strangely enough I find this easier than normal wave trading. I think I'm too impatient to wait for proper wave set ups.

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WeeMee
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July 23, 2015 - 11:44
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loved the video, very interesting to hear your thought process into the trade, live so to speak.

hey you! remember to follow your bloody rules!

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Rob S
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July 23, 2015 - 13:19
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Nice work and Thanks.  Binaries can be fun.  But at times I click to slow and it costs me money!  So I have had solid results, but I am trading very small. But follow some simple rules and trade at the correct times and you could make a few extra $$$.

Have to admit though, I click and then minimize the window, I can't watch the trade.  Many times I win/lose by a fraction of a second to stressful to watch.

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juakali
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July 24, 2015 - 01:49
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Today's morning session starting 30 minutes after European open but avoiding from EU news releases.

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Rob S
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July 24, 2015 - 02:20
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Nice work peter!

I have some thoughts on binaries I need to organize and share.  May try and do this tomorrow.

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Rob S
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July 24, 2015 - 04:03
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Took a 4 deep mart loss.  ouch

but then came back except for one miscue.

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Rob S
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WeeMee
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July 24, 2015 - 10:31
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did some testing too on 30 and 60 sec Binary options, found the 60 sec easier to win for some reason.

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hey you! remember to follow your bloody rules!

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juakali
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July 28, 2015 - 00:59
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This morning's European open session. Not brilliant, but a profit with Martingale.

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Rob S
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July 28, 2015 - 03:01
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Hey guys.

 

Been basically break even on the binaries lately.  Keep trading when PA is in an area on consolidation (sideways action) a bad time to trade.  Need to wait until price breaks.  I guess the best strategy is when you see prolonged sideways PA, simply check back in 30 minutes to see if there has been a break out, if so then it should be ok to trade.

Will try again later

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juakali
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July 29, 2015 - 01:16
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London open session this morning: 3 wins - 1 loss

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