My Binary Options Journey | $128 USD TO $5.000 USD

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mecawi said:
UPDATE:

Day Five:

Started day 5 with $376.16 USD

Ended With: $447.02 USD

Profit: $70.86 USD

19% Profit - Sweet :D

Total Session Time : 43 minutes

Video Session:
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More power to you..too bad they don't accept paypal..tested a practice account. It actually too risky especially because of the time limit and the stocks suddenly goes down or up.

Question where can i check the all time high/low selling value of a stock?

Any recommended site that accepts paypal?
 
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Amazing so far !

Do you have a stop loss in place for your trades?

The video is hard to understand. Do you take trade in every candle or what? And, how many trades do you take in a day? What's ur brokerage structure like.

Do you mind answering these questions.
 
incomesurfer said:
More power to you..too bad they don't accept paypal..tested a practice account. It actually too risky especially because of the time limit and the stocks suddenly goes down or up.

Question where can i check the all time high/low selling value of a stock?

Any recommended site that accepts paypal?
Click to expand...

Hey, Whatsup.

Binary options is risk, like forex is, in binary options is diferent than forex coz in binary option you make predictions in a time frame if the price will go up or down, its a "bet" a guess, so when you understand how the market moves ou can make predictable "bets", and make money.

You can download a program called MetaTrader, at tickmill dot com, in this software you can see a bigger timeframe. also there is a lot of websites that have larger graphs too.

I dont know any broker that acepts paypal. i think it is coz paypal fees are too high.

super11 said:
Amazing so far !

Do you have a stop loss in place for your trades?

The video is hard to understand. Do you take trade in every candle or what? And, how many trades do you take in a day? What's ur brokerage structure like.

Do you mind answering these questions.
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For this challenge i dont have stop loss. i will go down until all my money ends, wich almos happens 3 times in this weeek, but im confident my strategy dont fail so much.

I dont trade every candle, i trade when i see a pattern of previous candles and with a math algorithm i can make "bets". i think per day i do around 60 to 70 trades, i dont know exactly, im guessing, never stoped to check how many trades. i stop when i archive my profit goal wich here is 20%.

What's ur brokerage structure like.

i did not get this question, what u mean?
 
UPDATE:

Today the market wasnt so good as previous day, however we could manage to make at least 13% profit, and any profit is a good profit.


Day Seven:

Started day 7 with $447.02 USD

Ended With: $505.96 USD

Profit: $58.94 USD

13% Profit - Sweet :D

Total Session Time : 48 minutes

Video Session:

 
I follow your progress, watch your videos and after I read "naked forex", book you recommend, things become more clear. Of course I still have to learn a lot of stuff, but your thread helps me a lot.

I am still on practice account and today was good day as I have 8/12 successful trades. Also last couple trades I won with 'naked' chart. Since I reached my daily plan I will continue tomorrow, and this is good for discipline and profit management. That's what many good authors say.

I have no question, this thread already gives me all answers. :)
 
StarX said:
I follow your progress, watch your videos and after I read "naked forex", book you recommend, things become more clear. Of course I still have to learn a lot of stuff, but your thread helps me a lot.

I am still on practice account and today was good day as I have 8/12 successful trades. Also last couple trades I won with 'naked' chart. Since I reached my daily plan I will continue tomorrow, and this is good for discipline and profit management. That's what many good authors say.

I have no question, this thread already gives me all answers. :)
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"Since I reached my daily plan I will continue tomorrow, and this is good for discipline and profit management"

This is so true, once u hit your daily goal, just go do other things, Be greedy is the number one of failure.

There is traders that do only one trade per day or even per week, just waiting the right moment to trade in.
 
StarX said:
I follow your progress, watch your videos and after I read "naked forex", book you recommend, things become more clear. Of course I still have to learn a lot of stuff, but your thread helps me a lot.

I am still on practice account and today was good day as I have 8/12 successful trades. Also last couple trades I won with 'naked' chart. Since I reached my daily plan I will continue tomorrow, and this is good for discipline and profit management. That's what many good authors say.

I have no question, this thread already gives me all answers. :)
Click to expand...

Could you send me a copy of that book or add it on bhw download section...thanks in advance
 
Out of the profits, a substantial amount would go towards brokerage fee since you do 60 odds trade a day. Isn't it?
 
Alangile said:
Do you work with bitcoins?
Click to expand...

Nope, only Binary options and a little of forex.

super11 said:
Out of the profits, a substantial amount would go towards brokerage fee since you do 60 odds trade a day. Isn't it?
Click to expand...

No, you keep 100% of winnings, there is no brokerage fee, the broker win money when people start to think this is a lucky and gamble. so you lose all your money in a blink of eye.

if you "bet" $100 in a prediction and win, the broker pays you 70% to 90% of $100 you bet, so you will be winning 70 USD to 90 USD depends how much the broker is paying.

And if you lose, welll you lose 100% of that "bet". That is why you need a good strategy to make money, i mean, you can only bet if the price is go up or down, so 50% win chance right? well... not exactly. if you follow the tendencie you have 60 to 70% winning, so... with a good strategy and know how the market work you can bring home the sweet bacon!
 
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