CherryCoke's ALL OR NOTHING (Binary Options) Odyssey - Page 42

Quote:

Originally Posted by o7media 

 

Ah. Thanks. Prob not gonna do them then.

You wont find the smaller company available on with Binary platforms. Not enough vol or liquidity.

Quote:

Originally Posted by LosPinos 

You wont find the smaller company available on with Binary platforms. Not enough vol or liquidity.

Yeah, but I thought with binary options there are no actual assets/contracts which is why there are no fees. But I think I'll stick to regular options for now then.

That's true but the derivative is based from the live price of the assets.

It's no good putting up some tiny little $25million market cap stock up online that only trades once every few days.

Essentially as I said although PYXmarkets is regulated you should look at the normal up down platforms as a gambling site. If you win they lose and if You lose they win so they are going to make it as hard as possible for you to succeed.

This puts the odds in their favour massively so they wouldnt put up an asset that can easily be manipulated.

Quote:

Originally Posted by FXGuy 

 

Are you using the 5 min chart as your trigger chart with the 15 min to confirm market direction? or do you mainly work off the 5 min chart?

Both, if fibos appear on both TF that's a pretty strong signal for me, 15m TF is being used mainly for short term trend and guide.

Quote:

Originally Posted by cherrycoke 

 

check this out.

 

https://www.stockpair.com/

Do you trade with stockpair??????????????????????

This is a great idea for a betting business but not for a trader.

I just looked at stockpair in the returns are terribleeeeeee.

You bet on if AAPL out performs GOOG and if it does, you get 18% for the day. If it doesn't, you lose your entire bet. 

Quote:

Originally Posted by LosPinos 

That's true but the derivative is based from the live price of the assets.

 

It's no good putting up some tiny little $25million market cap stock up online that only trades once every few days.

 

Essentially as I said although PYXmarkets is regulated you should look at the normal up down platforms as a gambling site. If you win they lose and if You lose they win so they are going to make it as hard as possible for you to succeed.

 

This puts the odds in their favour massively so they wouldnt put up an asset that can easily be manipulated.

Yeah binary's are starting to seem more like a gamble than an investment 

Quote:

Originally Posted by cherrycoke 

 

check this out.

 

https://www.stockpair.com/

Wow, really interesting. Thanks for that link cherry!

Quote:

Originally Posted by chhansen 

I just looked at stockpair in the returns are terribleeeeeee.

 

You bet on if AAPL out performs GOOG and if it does, you get 18% for the day. If it doesn't, you lose your entire bet. 

I was looking at their trade simulator demo and it used GOOG/AAPL as an example and said the payout would be 82%. Where are you seeing only 18%?

if your seeing returns of like 18% its because your looking at a floating rate. example apple is up 1% on the day and google is down 1% on the day. obviously apple is heavily favoured to outperform google in that scenario. Therefore the payout is way less because the odds are way better.

Quote:

Originally Posted by Datemike 

if your seeing returns of like 18% its because your looking at a floating rate. example apple is up 1% on the day and google is down 1% on the day. obviously apple is heavily favoured to outperform google in that scenario. Therefore the payout is way less because the odds are way better.

Oh okay that makes sense. Still, I don't like the idea of risking 100% to only make 18% :/ 

Quote:

Originally Posted by chhansen 

Oh okay that makes sense. Still, I don't like the idea of risking 100% to only make 18% :/ 

 

R multiples are important. In binaries you have to bank on being correct. It's basically a physic art whereas a trading form focused on r multiples would be a risk managers art. 

Quote:

Originally Posted by Datemike 

if your seeing returns of like 18% its because your looking at a floating rate. example apple is up 1% on the day and google is down 1% on the day. obviously apple is heavily favoured to outperform google in that scenario. Therefore the payout is way less because the odds are way better.

But isn't the performance based on where you start your entry from?

For example, if GOOG is -1% and AAPL is +1% half way through the day and you enter your pair trade there... then it depends on where they go from there and not how they finish the day from the beginning right?

If GOOG ends up -.5% at the end of the day and AAPL ends up 1.2% for the day then that means GOOG outperformed from your entry.

Fixed & floating is different. If you do fixed its like starting at 0% on both stocks & the return is 82% which is the industry standard basically.

Quote:

Originally Posted by o7media 

 

But isn't the performance based on where you start your entry from?

 

For example, if GOOG is -1% and AAPL is +1% half way through the day and you enter your pair trade there... then it depends on where they go from there and not how they finish the day from the beginning right?

 

If GOOG ends up -.5% at the end of the day and AAPL ends up 1.2% for the day then that means GOOG outperformed from your entry.

Quote:

Originally Posted by cherrycoke 

then u'll like this 

 

http://www.pfgbest.com/nadex/

 

http://www.pfgbest.com/nadex/NadexInfoSheet.pdf

I would definetely trade with PFG best if you are going to do binaries. Your money is safe there, I didn't know they were doing this. Now I have somewhere to point people to if they happen to catch the binary bug.

Better than Banc De Binary. 

" WARNING:  Banc De Binary is on the US SEC's "Public Alert, Unregistered Soliciting Entities (PAUSE) list. "

http://www.forexpeacearmy.com/public/review/bbinary.com

Quote:

Originally Posted by cherrycoke 

 

  

 

old news..............

Cherry who do you trade with??????

Hey, I been following this thread very closely. CherryCoke and SmartbumFx, seriously have the numbers going up. Good to see people making a living for 2 hours a day versus the norm 9-5.

I have just jumped into the binary options saga a few weeks ago. I have been reading a lot on the topic and strategies involving it and trying demo accounts to get a hang of it. I know how to use it and its looks 24options is the best and not that it matters much, regulated by Fsa.

I'm having a hard time understanding, SMARTBUMFX posts and his strategies. I see you currently on the recovery trade, where you try to recoup your losses after a losing trade. 5 to 6 losses straight seem to be your maximum. But how do you go about your strategy? What is FIBOS? I see you using the metatrader 4 as your reliable chart, but my understanding of your strategy is not very good. I'd deeply appreciate it, smartbumfx, if you can elaborate more. Thanks.

But by far, CherryCoke is truly inspiring (as most would say here :D)

Quote:

Originally Posted by LosPinos 

Cherry who do you trade with??????

It shows 24options is her fav !:)