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CherryCoke's ALL OR NOTHING (Binary Options) Odyssey - Page 47

post #921 of 1305
7/17/12 at 2:09am
Thread Starter 
Quote:
Originally Posted by LosPinos View Post

 

Cherry, this is something I know a lot about. I have used and still use IG custom nets every now and again... The reason you see the position close 17 hours later than the official close is that believe it or not a huge company like IG still settle their custom bets manually. They do not get many wrong but it is a slow process.

 

I know you guys are very experienced and all make great profit but 85% is not a great deal for a one day trade.

 

As I said I use them still as the platform is easy to use so good luck with IG you are in good hands.

its true, 85% is not a great deal specifically to binary options. personally i have often turn $250 into $10K in a day  and couple of times into $20K.

but 85% for a trade per day is absolutely fine with me. With a decent amount of capital, it is quite a feat. And in this case its hassle-free fire and forget kinda of trade for me. So the payout is highly acceptable.

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post #922 of 1305
7/17/12 at 2:15am
Thread Starter 
Quote:
Originally Posted by Pocketful View Post

Thanks for the NADEX and IG posts CC. So will you continue ALL OR  NOTHING trades with 24O and more with IG?

 

Yes Pocketful wink.gif

 

in the case of IG/NADEX it would be better.

u'll have the "ALL" but without the "NOTHING".

And the "ALL" in this case is not a fixed payout with a limited trade bids. We can actually pre-determined the amount of payout before entry.

While the "NOTHING" is non-existent unless u decided to let the position expired OTM or it some cases, it turns on a dime at the very last minute. But then again, u can tweak your trade strategy to mitigate such variables and trade with a new mantra, "ALL or LOSE LESSER" biggrin.gif

 

i am still getting to know IG better but at the rate, very likely i will be switching all my binary trading to IG by end of the month. And i just do a trade a day.

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post #923 of 1305
7/17/12 at 2:24am
Thread Starter 

16 Jul.png

it was a 35% profit gained. Not willing to take any risk so i chose the position.

and from where i entered, it was almost a dead giveaway, giving out 35% to traders biggrin.gif

i entered at 1583 and expecting Gold not to go beyond 1593 by 1:25pm EST. And it expired at 1591.8, it was sort of close and to my surprise, but profit is a profit, doesnt matter how far deep ITM in this case.

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post #924 of 1305
7/17/12 at 2:34am

which branch did u register threw? singapore?

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post #925 of 1305
7/17/12 at 4:00am
Quote:
Originally Posted by Pocketful View Post

recovery_trades.png

 

I put my live account on hold. Here I opened

£100 positions for the first time on the demo. Had too many trades; however these trades in the last 45 mins recovered the day!

 

@Pocketful, You may have had to many trades on but you made money overall so it cant be that bad.

 

You must be doing something right if you did'nt think it was such a good trading day but still came out net positive.

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post #926 of 1305
7/18/12 at 11:29am

That is why I love this platform and think its superior. I can place a trade 4 minutes from the close and still get 100% return.

 

FTSE to move 2points at the close... I'll take that and exploit it all day long..... no shut out ten minutes before end of day.... or 1 hour like IG have started doing on their custom bets platform.

 

 

tradeuk100.bmp

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post #927 of 1305
7/18/12 at 12:26pm

Los Pinos

 

What platform are you using? Currently with 24o but sounds like I should get out.

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post #928 of 1305
7/18/12 at 12:30pm

Hi Cherry Coke,

 

 

I really appreciate all your threads. My husband and I are new to binary options. Just opened an account with 24o a week ago. Should we get out and who should we use? We really want to make sure we are investing with a legitmate company. Thanks.

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post #929 of 1305
7/18/12 at 4:50pm
Quote:
Originally Posted by LosPinos View Post

That is why I love this platform and think its superior. I can place a trade 4 minutes from the close and still get 100% return.

 

FTSE to move 2points at the close... I'll take that and exploit it all day long..... no shut out ten minutes before end of day.... or 1 hour like IG have started doing on their custom bets platform.

 

 

tradeuk100.bmp

 

 

 

Bugger for you that it closed under 5682.

 

I was really watching the M1 price action in last 15 min. Still trading too many positions and letting fear of loss make me close positions early. But still ended day with one ITM and small net profit.

 

uk100_position_summary.png

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post #930 of 1305
7/18/12 at 4:58pm
Quote:
Originally Posted by marrero View Post

Hi Cherry Coke,

 

 

I really appreciate all your threads. My husband and I are new to binary options. Just opened an account with 24o a week ago. Should we get out and who should we use? We really want to make sure we are investing with a legitmate company. Thanks.

 

Hi marrero,

Since you have already opened an account with 24O, may as well get some practice with high/low trading by asking your account manager for a DEMO. Reading through the thread, you will see CC post results of her trades with 24O. And I still have a live 24O account open.

 

Los Pinos and I are trading with https://www.pyxmarkets.com/

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post #931 of 1305
7/18/12 at 5:40pm
Quote:
Originally Posted by marrero View Post

Hi Cherry Coke,

 

 

I really appreciate all your threads. My husband and I are new to binary options. Just opened an account with 24o a week ago. Should we get out and who should we use? We really want to make sure we are investing with a legitmate company. Thanks.


Pls refer to my previous response [P44 or 45]. I gave some info to a new person that would be beneficial to you as well. I id not - after much research - sign with 24O for several reasons...major of which is that their minimum trade is $24 and that seemed to be too high for newbies. Trade Rush has a min. of $10 and so do others. You do not need their Demo platform as there are many available online for Free.

Take Care

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post #932 of 1305
7/18/12 at 10:29pm

Thanks Cherry Coke for your reply. Well we practiced for a few weeks  with 24o and made a deposit a week ago. We are making money as we learn but got concerned when I saw your issues with withdraw. We will continue to use them for now  and try the other platforms as well.

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post #933 of 1305
7/19/12 at 3:24am
Quote:
Originally Posted by marrero View Post

Los Pinos

 

What platform are you using? Currently with 24o but sounds like I should get out.

Hey Marreo... If you are with 24op you may as well trade with them to begin with.

 

I am with PYXmarkets for a number of reasons but mainly because I can get my money back when I want to.... regulation is what makes companies act in a proffessional way so I would never deal with an un-regulated one. Take a look at my earlier posts you will see the numerous reasons why I deal with PYX.

 

Where ever you end up trading.... good luck I hope we all make lots of money with binaries/ digitals

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post #934 of 1305
7/19/12 at 3:34am
Quote:
Originally Posted by Pocketful View Post

 

Bugger for you that it closed under 5682.

 

I was really watching the M1 price action in last 15 min. Still trading too many positions and letting fear of loss make me close positions early. But still ended day with one ITM and small net profit.

 

uk100_position_summary.png

 

@Pocketful I am happy to lose £10 for a four minute trade....... these are my little bonus trades that I cant get out of the habbit of doing each day.... adds some excitement to the mundane positions I place.

 

Looking at your position summary it does look like your shutting out early, what is your strategy with these? I wait for a clear indication of a market move and then wait for this to be proved correct before I trade. I would rather lose a few % on the quote but know my position is correct than have a stab in the dark.

 

I am sure everyone uses this already but a great indicator of UK100 is US futures and subsequent US open..... It seems the UK is very fickle and (on most days) follows the US direction.

 

Gold - Great asset to trade with PYX as you can make bread and butter money on boring days by getting in early and days where there is some decent economic newsflow you can make some huge returns for only trading a small amount. Non farm payrolls for example historically moves gold in large swings.... great thing about this platform is the multiple return aspect.

 

What is great is that you know the mistakes you are making but still making a profit so good on you. Are you trading live or demo?

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post #935 of 1305
7/23/12 at 8:57pm

Hi all,

first post on this forum. Just wanted to say hi, and that I've just discovered Binary Options.............all I can say is WOW! What a great way to exploit your view of where you think the market will go.

 

I've traded  Spot Forex for the last few years - mainly scalping. Price Action @ Supply Demand / Support @ resistance.

 

I did this last night, and using a similar method to Cherry ( i.e. re-investing funds ) - with a 70% win rate I managed to double my account in one session using IG Markets custom options.............it's safe to say Binaries now have my attention :)

 

Was chatting to Cherry on live chat elsewhere today, and she asked me to post some strategy stuff..........it's pretty simple really, but a picture is worth a thousand words - so here is my first live trade for the day ( a winner ).

 

This is the kind of thing I did all last night. My theory is, I know that these levels will atleast have a reaction ( for a few minutes ) - and with a 2 or 5min expiry, I don't care if there is now follow through - as long as it's above/below the strike, I make my money.

 

Anyway, hope to contribute more - and let's have some fun! :)

 

 

 

 

 

 

1000

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post #936 of 1305
7/24/12 at 5:39am

Hi

are you using IG markets for binaries as well? Do they offer such short trades 2 min?
 

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post #937 of 1305
7/24/12 at 6:54am

Hey Keste,

Yes. IG do various Binary options, but they have a special area for 'Custom Options' where you can choose whether selected markets will be higher/lower than current price between 2mins and many hours in the future.

 

You can also select your trade size from between $10 up to about $7k.

 

All good fun :)

 

Seb

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post #938 of 1305
7/24/12 at 8:44am
Thread Starter 
Quote:
Originally Posted by Sebby76 View Post

Hey Keste,

Yes. IG do various Binary options, but they have a special area for 'Custom Options' where you can choose whether selected markets will be higher/lower than current price between 2mins and many hours in the future.

 

You can also select your trade size from between $10 up to about $7k.

 

All good fun :)

 

Seb

 

i couldnt find this special area on my PuerDeal platform frown.gif

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post #939 of 1305
7/24/12 at 9:18am

What system do you use for finding entries and determining trend?....Any advice would be much appreciated

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post #940 of 1305
7/24/12 at 10:24pm
Quote:
Originally Posted by cherrycoke View Post


Getting in the last min is one of the many tactics to use. But personally, S/R lines would cut it for me.

So hows your venture into binary options been ?

 

 

Looking to hear more from your tactics, Cherry.

 

New to Binary anyway and see a countryman doing great.

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