CherryCoke's ALL OR NOTHING (Binary Options) Odyssey - Page 8

Cherry, you are in signapore right?  What time do you do your trading?  I have something I would love to test out based off of your binary strategy. 

Trust me I was apprehensive of them as well but so far I haven't seen anything out of the ordinary. I primarily trade nasdaq futures, and on occasion other indexes or a couple stocks, so its possible things are different in FX. In this regard what I am seeing with BB is fairly consistent with my TDA streamer. It might lag 1-2 sec behind, but it is grabbing info from a secondary source so thats understandable. The one weird thing is that it lists the nasdaq future as slightly higher, like on TDA (2409.50) but on BB (2409.673), it's always consistently so and it does not seem to affect the end result. I've not had an issue with buying the binary at a price not on the streamer, so unless it just happens to change price at the last second they all have gone through so far at the price I was expecting. I'll be sure to update if I see anything out of the ordinary. 

Hey Cherry


Very well said. I think you've been in the game long enough to know what you are talking about. Dougie also did mention it (backed up with screenshots), ages ago.

Surely, there must be a way to counter it 'cos to every problem, there is a solution.

I see your point and they send me an email for each position, some of them come a little faster than other ones. I would guess that a few more tricks might come with the FX side, which is why it pays out the best and has the most trading times. I get these are all gaming sites out to make money from someone just clicking buttons, so if you can make it work thats great and if not oh well. One reason I've taken my initial deposit out so now I can only lose what I've won . 

 

Hi CherryCoke,

Very interesting to read your posts, especially your journey in Binary options trading.

It seems that you tried a lot of brokers on that field and gain some good experience.

Have you tried Stockpair? They are introducing a new way of trading similar to binary options, dealing with relative performance of stocks, with even higher returns than the regular binary options.

I tried it for a while, and manage to get some nice returns on low risks investments.

No I am not :)

What do you think about it?

 

account managers can't write, can them ?

 

 

By the way, re the discussion on Reuters - they claim that the expiry quotes are not only "provided by" Reuters  , but they are actually using the Reuters quotes ..

Anyone checked it? that would certain be a novelty..
 

 

btw I just wanted to update that Bbinary did in fact credit me for the $15 transaction fee. It was fairly painless and the credit showed up instantly in my BBinary account. I'm having a little trouble getting my money out of the account but I've sent off another request so I should know today, hopefully they will do a withdrawal for me today. Most of the issues seem to be with anti-money laundering but it would be nice if they could streamline the process.

They are for sure bucket shops, people make money in bucket shops. It's just sketch ball, I would never deposit a big amount there. 

 

On with this topic though, these are unregulated firms that can definetely just go ahead and say "thanks but no thanks" and stop doing business with you. I know a guy trading FOREX and even his broker did that! That's one of the reasons I'm pretty sketch about that David guys story of how he turned $1,000 into like $20,000 in a couple of weeks and then said he was friends with the CEO and got off the phone with him etc. Seems very odd.

 

I thought the NFA didn't allow binaries in the United States and now there is Banc De Binary which is in New York, I'm pretty confused -- but this might be illegal. 
 

 

 

I'm not dishing you, I'm really curious here. I noticed on one of your records a huge amount of your trades were in FX. You get 50:1 leverage there (more if you're Europe), and you can easily do what you are doing probably with an even better win ratio RR. You also don't have pattern day traders rule in Forex. 
 

 

 

 

 

NY - nah, it is the address, but have you tried visiting Trump Tower and look for it ?

 

 

 

I miss you cherry :)

After the trouble I'm having getting my money out of BDB, I'm seriously considering working on get some more wins going and then doing a final withdrawal.