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CherryCoke's ALL OR NOTHING (Binary Options) Odyssey - Page 3

post #41 of 1298
Thread Starter 
GOLD PUT @ 1389.67

Expired @ 1389.2 (ITM)

as i mentioned, i was leveraging on the "break-through" support on a very short term analysis. Just minutes after the expiry, Gold shot up to 1392.3 . Close call i would say, or rather a close put


* Gonna take a break till 0900 EST *
post #42 of 1298
Jeesh gold is soo overextended ready for a nice sexy pb!!!
post #43 of 1298
NKE looks good for a put. Its over the upper bollinger band right now and due for a pullback.
post #44 of 1298
Thread Starter 

something is wrong with my connections
post #45 of 1298
Cherry ur killing me! I'm 2-0 on gold today. SMOKING this ^&* up! mmmm hope ur with me at some point today!
post #46 of 1298
Thread Starter 
Quote:
Originally Posted by beehivesjoe View Post
Cherry ur killing me! I'm 2-0 on gold today. SMOKING this ^&* up! mmmm hope ur with me at some point today!
i hope too.

something is mess-up with my java software. cant bring up charts properly from optionsxpress

Will try to figure out.
post #47 of 1298
I've been trying out the Global Option Demo and so far it seems pretty interesting. I did have a question, though. Have you ever had issues where the price they posted at expiry isn't what you were quite expecting? The only reason I say this is because I have my OANDA account open beside the GO platform and they told 2 different stories. I bought a put at 1.0111 and price was sitting at 1.0110 when expiry hit. As things were settling, price fell a good 3-4 pips and yet it said the expiry price was 1.0111. Have you ever had issues like these before? And is it the norm to consider something ATM, OTM?
post #48 of 1298
1st day of trading (yesterday) i was 2/5 ITM and -15$

BUT today i managed to go 5/7 ITM and got the demo from 985 to 1412.50

Hopefully i can keep consistent! Right now i have found that the only plays i feel are very high percentage are the slow and steady intraday trends or the bounce after a big intraday fall (just look on the 1 minute chart). Hope everybody else is fairing ok!!
post #49 of 1298
Thread Starter 
Quote:
Originally Posted by RebelT09 View Post
Have you ever had issues where the price they posted at expiry isn't what you were quite expecting? The only reason I say this is because I have my OANDA account open beside the GO platform and they told 2 different stories. I bought a put at 1.0111 and price was sitting at 1.0110 when expiry hit. As things were settling, price fell a good 3-4 pips and yet it said the expiry price was 1.0111. Have you ever had issues like these before? And is it the norm to consider something ATM, OTM?
i dont have such issues with GO yet. But i believe these issues are common. Its all based on when is the cut-off time and how fast was the swing in the price. my advise is to monitor just "price-difference". So far i use OPTIONXPRESS to provide charts and prices. And i dont have any problem with all the 3 binary sites yet. But again, i trade only commodities.

GO is the only site that pays ITM. Other than that, its OTM. They dont do ATM like the rest of the world.
post #50 of 1298
Thread Starter 
Quote:
Originally Posted by richfarmer View Post
1st day of trading (yesterday) i was 2/5 ITM and -15$

BUT today i managed to go 5/7 ITM and got the demo from 985 to 1412.50

Hopefully i can keep consistent! Right now i have found that the only plays i feel are very high percentage are the slow and steady intraday trends or the bounce after a big intraday fall (just look on the 1 minute chart). Hope everybody else is fairing ok!!
impressive.

You do understand that getting your trading skills right is one thing. To be consistently profitable in binary would required a sound money management plan. Thats because based on their payout scheme, the odds are stack against users, big time.
post #51 of 1298
Thread Starter 

ARRGGHHH ...............



Might have to start trading at a much later time. Still had problem with my java charts. Suspect its the work of a freeware i downloaded . Hopefully i dont have to reformat my pc . Anyone who had similar experience please PM me, thanks
post #52 of 1298
Thread Starter 

its been a long day but short trading window (1 hour)

its been a horrible day getting rid of my freeware and bugs. Thanks to those who PMed me for their suggestions.



TRADING DAY #03, WEEK #01

Net profits for the day $ 1500 (only manage to trade this hour and its past my bed time)

got a 2/2 ITM

% gains for the day 47 %
post #53 of 1298
Dang Cherry, still tearing it up. Being able to bring in these kind of profits consistently would be an amazing feat.

BTW, hope Ross doesn't find this thread. His mind will be blown
post #54 of 1298
Gosh cherry your such an amateur, a pro would have easily been at 10,000 by the second day!



Just kidding, VERY NICE trading!!!
post #55 of 1298
Very impressive! lol. Gives noobs like me some hope!
post #56 of 1298
Well I gave up $300 today so im back to only +$100. Both of my two trades today were close calls but didnt go my way, and i think i could have picked a little better entry on one of them. But i guess thats what paper trading is for...hopefully ill get back some of that tomorrow
post #57 of 1298
Thread Starter 
Quote:
Originally Posted by RebelT09 View Post
Dang Cherry, still tearing it up. Being able to bring in these kind of profits consistently would be an amazing feat.

BTW, hope Ross doesn't find this thread. His mind will be blown
hey Rebel , i am working towards consistently profitable and i am looking forward to learn some stuff off your blog too ...

Quote:
Originally Posted by clubfoot View Post
Gosh cherry your such an amateur, a pro would have easily been at 10,000 by the second day!



Just kidding, VERY NICE trading!!!
i am just trying to get by. But making 10,000 would definitely make me sweating buckets ...... good for slimming too

i'll leave the 10,000 profit-making to you and you should thread about it. On second thoughts, nah. You wouldnt some "Anal-Least" come crashing in declaring his is saving the planet from falling into the Binary Option trap
post #58 of 1298
Thread Starter 
Quote:
Originally Posted by Sully93vr4 View Post
Very impressive! lol. Gives noobs like me some hope!
hey Sully93vr4 , welcome !

I was a noob early this year too. I just became an "older" noob than you are .
Just keep your mind open and arm yourself with all the educational and informative threads here. Feel free to PM or post any queries here or over at http://www.hotstockmarket.com/forums...ad.php?t=78189

Quote:
Originally Posted by richfarmer View Post
Well I gave up $300 today so im back to only +$100. Both of my two trades today were close calls but didnt go my way, and i think i could have picked a little better entry on one of them. But i guess thats what paper trading is for...hopefully ill get back some of that tomorrow
hey richfarmer , i think you already know about this but let me just be a little naggy here .
my suggestion is to get used to trading the hourly options first. Once you are acclimatized to it, then work out on the winning ratio and money management plan which would affect your position size. Because, for such trading, there is no STOP-LOSS or TRAILING STOP. So you'll have to get all these into your trading style. So dont worry about the paper profits for now. Get the number of ITM consistently higher than OTM first.
post #59 of 1298
Grrr placed my 2 calls on eur/jpy and eur/usd right after I went and looked and employment comes out at my expiration and hten home sales @ 7 my time. Now I don't wnat to trade today! No idea how to trade around news lol!
post #60 of 1298
Thread Starter 
Quote:
Originally Posted by beehivesjoe View Post
Grrr placed my 2 calls on eur/jpy and eur/usd right after I went and looked and employment comes out at my expiration and hten home sales @ 7 my time. Now I don't wnat to trade today! No idea how to trade around news lol!
you'll get the hang of it in time.
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