True but at 70% you can do what smartbum is doing & still come out well ahead.

Quote:

Originally Posted by Jake Savage 

Hey Cherry good suggestion.

I ran the numbers through Brian's Excel spreadsheet and discovered that 2 trades @ 100% is more lucrative than 5 trades @ 70%.

I think my new saying is "quality over quantity

http://spotoption.com/OurBrands

So all those considered good?

Quote:

Originally Posted by cherrycoke 

SpotOption gets CySEC binaries license, becomes market maker

 

 "It remains unclear if other EU / MiFID country members will follow CySEC's lead and deem binary options to be financial instruments. In the UK, the FSA still regards them as not, although they are regulated as a gaming activity".

 

http://leaprate.com/forex-industry-news/entry/spotoption-gets-cysec-binaries-license-becomes-market-maker.html

Done for today. Recovery trades at work , 4/7 but still at profit at $254-

.
 

Quote:

Originally Posted by cherrycoke 

 

nicely done 

see that u are totally integrating MM into your overall trading plan like clockwork. 

Thanks Cherry.

Quote:

Originally Posted by Datemike 

True but at 70% you can do what smartbum is doing & still come out well ahead.

Yes that works, but you need longer screen time to get in that recovery trade. The longer you sit in front of the machine the more likely you are to make a mistake and rush it.

I pulled a smartbumfx today. Missed some NFP trades today, decided to sit on my hands and watch the action.

Hello every people, am very new here and am very happy to be here. my aim is to trade well but i am a big mess willing to quit this binary options but, seen you guys doing it gives me more hope. I pray oneday i should be like you guys. The market is not predictable please excues my english i dont really speak english. Once again am happy to be here. Thank you. 

Jake savage, smartbumfx and Rollinball you guys are really doing well, and i will be happy if any of you guys can be my mentor or provide me with your signal i dont mind paying every week lets say 2k aweek please guys help. Thanks.

Quote:

Originally Posted by Jake Savage 

I pulled a smartbumfx today. Missed some NFP trades today, decided to sit on my hands and watch the action.

 

Sexy isn't?

Well he does it a bit different, his method is better if you can risk the equity.

What you have done is basically recovered your lost $50 & made 35(1 itm)

Smartbumfx will add what he would have made if it was in the itm (93 assuming he bet 50@ 85% return) plus another 50 so total of 143. Therefore if he then lands in the money he gets the return of 2 in the money trades if it were $50 each. So he recovers the money and makes as if it was both winners. 

At least from what i can tell.

Quote:

Originally Posted by Jake Savage 

I pulled a smartbumfx today. Missed some NFP trades today, decided to sit on my hands and watch the action.

 

Quote:

Originally Posted by Datemike 

Well he does it a bit different, his method is better if you can risk the equity.

 

What you have done is basically recovered your lost $50 & made 35(1 itm)

 

Smartbumfx will add what he would have made if it was in the itm (93 assuming he bet 50@ 85% return) plus another 50 so total of 143. Therefore if he then lands in the money he gets the return of 2 in the money trades if it were $50 each. So he recovers the money and makes as if it was both winners. 

At least from what i can tell.

  Touché

lol i looked at again and its clearly just 2.5X. i dont even know how i came up with the other sh1t

What a loser. Tried some resistance/support plays today. What a colossal failure. Those I missed were good trades, those I took were failures. Isn't that always the way? Also it was frustrating to have trade entries rejected. I vowed to pass on a trade if I was rejected once, happened three times and all trades would have been winners. Also with London closed I should have taken the day off, not enough volatility for my liking.

Took an early loss of $472 in the morning, made the mistake of trading without my proper charts. (too lazy & still sleepy) Then was forced into a marathon trading to recover my early loss. Ended with a $206.25 Profit.

Must have been a nerve racking day. Nice to see your making daily profit though, my account balance can't handle any big trades like that. I still haven't figured out what my trading window is. Perhaps London/US overlap 8-12 EST.