Binary options group
- Thread starter ADRIAN1991
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ADRIAN1991
Regular Member
- Dec 5, 2013
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Yeah sure.
Maybe this :
21# Learn to sweat/scale out your winners
The net effect of scaling out your winners will be an increased average win per trade while keeping your losses to your pre-defined risk parameters.
When you do that you bassicaly trade with broker's money, sit back and relax.
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ADRIAN1991
Regular Member
- Dec 5, 2013
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22# Make the same type of trades over and over again, be a bricklayer
A bricklayer shows up for work every day of his working day of his working life and executes with the same methodology - brick by brick by brick.
The same consistency applies to traders, as well.Please review Rules #6 and #20.
So, be a bricklayer.
A bricklayer shows up for work every day of his working day of his working life and executes with the same methodology - brick by brick by brick.
The same consistency applies to traders, as well.Please review Rules #6 and #20.
So, be a bricklayer.
ADRIAN1991
Regular Member
- Dec 5, 2013
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23# Don't over-analyze.Don't hesitate. If you do so you will loose
The result of all this hesitation: the trader was correct in deducing market direction but his profit on the trade is zero.
We don't get paid in this business unless we put the trade on.
Don't over analyze the trade.
You'll never be right unless you actually make the trade.
The result of all this hesitation: the trader was correct in deducing market direction but his profit on the trade is zero.
We don't get paid in this business unless we put the trade on.
Don't over analyze the trade.
You'll never be right unless you actually make the trade.
ADRIAN1991
Regular Member
- Dec 5, 2013
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24# All traders are created equal in the eyes of the market
We all start out the day the same.We all start out at zernce the bell rings and trading begins, it's how we conduct ourselves from a behavioral standpoind that will dictate wheter or not we will make money on the day.
We all start out the day the same.We all start out at zer
nce the bell rings and trading begins, it's how we conduct ourselves from a behavioral standpoind that will dictate wheter or not we will make money on the day.
- Dec 13, 2010
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Gambling is done in the casino, not the internet.
gambling is done everywhere.
ADRIAN1991
Regular Member
- Dec 5, 2013
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25# It's the market itself that wields the ultimate scale of justice
The market moves wherever it wants to go.It does not care about you or me.Id does not play favorites.It does not discriminate.It does not intentionally harm any one individual.
The market is always right.
You must learn to respect the market.The market will mercilessly punish you if you do not trade by the Rules.Learn to condition yourself to play by the 25 Rules of Trading Discipline and you will be rewarded.
The market moves wherever it wants to go.It does not care about you or me.Id does not play favorites.It does not discriminate.It does not intentionally harm any one individual.
The market is always right.
You must learn to respect the market.The market will mercilessly punish you if you do not trade by the Rules.Learn to condition yourself to play by the 25 Rules of Trading Discipline and you will be rewarded.
ADRIAN1991
Regular Member
- Dec 5, 2013
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CONCLUSION...
After we reviwed all the advices,rules presented above, we must remain with a strong self-confidence in our trading potential.
And our motto must be :
"Trade what you see, not what you think!"
After we reviwed all the advices,rules presented above, we must remain with a strong self-confidence in our trading potential.
And our motto must be :
"Trade what you see, not what you think!"
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
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Where you think that you must workout more to be one of the top ? :
25 Reasons you are not a millionaire : (no offense to anyone, we must take this as useful info)
1.You Spend More Than You Make
2.You Try To Meet Other's Expectations
3.You're Afraid of Investment Risk
4.You Don't Pay Yourself First
5.You Don't Understand Compound Interest
6.Your House Is Too Big
7.You Replace Things Too Soon
8.You Let Others Take Charge of Your Finances
9.You Fail to Take Care of Your Health
10.You Get A Divorce
11.You Have Kids
12.You Don't Invest In Yourself
13.You Have Only One Income Source
14.You Don't Use Credit Cards To Your Advantage
15.You Lack Patience
16.You Have One Or More Bad Habits
17.You Haven't Set Financial Goals
18.You Haven't Prepared For When Things Go Wrong
19.You Try to Get Rich Quickly
20.You Invest in Things That You Don't Fully Understand
21.You Ignore Your Finances
22.You Care What Your Car Looks Like
23.You Feel That You Deserve Better
24.You Lack Diversification
25.You Don't Enjoy What You Do
In my opinion the most dangerous are : 9,1,13,19 and last but not least 15. (in that order)
What do you think, what is your perspective regarding this scale?
25 Reasons you are not a millionaire : (no offense to anyone, we must take this as useful info)
1.You Spend More Than You Make
2.You Try To Meet Other's Expectations
3.You're Afraid of Investment Risk
4.You Don't Pay Yourself First
5.You Don't Understand Compound Interest
6.Your House Is Too Big
7.You Replace Things Too Soon
8.You Let Others Take Charge of Your Finances
9.You Fail to Take Care of Your Health
10.You Get A Divorce
11.You Have Kids
12.You Don't Invest In Yourself
13.You Have Only One Income Source
14.You Don't Use Credit Cards To Your Advantage
15.You Lack Patience
16.You Have One Or More Bad Habits
17.You Haven't Set Financial Goals
18.You Haven't Prepared For When Things Go Wrong
19.You Try to Get Rich Quickly
20.You Invest in Things That You Don't Fully Understand
21.You Ignore Your Finances
22.You Care What Your Car Looks Like
23.You Feel That You Deserve Better
24.You Lack Diversification
25.You Don't Enjoy What You Do
In my opinion the most dangerous are : 9,1,13,19 and last but not least 15. (in that order)
What do you think, what is your perspective regarding this scale?
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ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
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There are a limited number of countryes accepted by Nadex, I hope that they will add more in the near future.
Untill then we must accept what we have.
ADRIAN1991
Regular Member
- Dec 5, 2013
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A trader "must see only buy and sell button", Anton Kreil a consacrated trader was saiyng, in rest nothing else matters.
Buy or Sell period.
ADRIAN1991
Regular Member
- Dec 5, 2013
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Collapsing trend trading strategy
1. Description
This strategy is meant to reveal the reversal moves that we see when we analys our charts.
When this happens, option and forex traders who use this type of strategy are looking for extreme oversold/overbought conditions, and of course a trend reversal.
The factors who are causing this can be various: MOMENTUM, VOLUME, NEWS ANNOUNCEMENTS etc.
The proble we put here is when we can jump in and profit upon these trend reversals.
So, in order to see how that is working I will show some examples and we will analyse them.
I will split this into several steps, that way will be easier to make this a step by step strategy (every step filled represents a stronger trade confirmation >> % win potential will increase as you follow more confirmation levels)
1. Description
This strategy is meant to reveal the reversal moves that we see when we analys our charts.
When this happens, option and forex traders who use this type of strategy are looking for extreme oversold/overbought conditions, and of course a trend reversal.
The factors who are causing this can be various: MOMENTUM, VOLUME, NEWS ANNOUNCEMENTS etc.
The proble we put here is when we can jump in and profit upon these trend reversals.
So, in order to see how that is working I will show some examples and we will analyse them.
I will split this into several steps, that way will be easier to make this a step by step strategy (every step filled represents a stronger trade confirmation >> % win potential will increase as you follow more confirmation levels)
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ashj1893
Regular Member
- Nov 5, 2011
- 212
- 120
A trader "must see only buy and sell button", Anton Kreil a consacrated trader was saiyng, in rest nothing else matters.
Buy or Sell period.
Binary Option brokers are literally stealing/witholding funds and manipulating prices. It's everywhere now. And the fact you're leading people down this road, and charging people as well for them to trade on these sites is disturbing. If you're a real trader, transition them to Forex since you have excuses for Nadex and IG - which there really is none cause IG takes clients everywhere outside North America since Nadex is around now (owned by same company)
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
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Hello.
First of all I don't charge anyone.
Information + technical indicators/strategyes is all over the internet, I just wanted to quantify it.
Second, forex is much more complex than binary, and maybe risky aswell.
Both have pro and cons.
And regarding manipulating prices, is the spread for sure. They cannot manipulate a trade that is miles away from entry point.
First of all I don't charge anyone.
Information + technical indicators/strategyes is all over the internet, I just wanted to quantify it.
Second, forex is much more complex than binary, and maybe risky aswell.
Both have pro and cons.
And regarding manipulating prices, is the spread for sure. They cannot manipulate a trade that is miles away from entry point.
ADRIAN1991
Regular Member
- Dec 5, 2013
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2. The outer Trend line
In order to define the breakout point, we can draw the trend's outer line.
This trend line is to be set from the trend's original center (focal) point.
As we know is not so easy to determine an exactly number of bars (candles) when we scroll back in our chart,
to determine the trend's starting point , so that's something that you as a trader will have to aquire that point of view.
The interest is in drawing the outer line, and not intermediate lines.The outer line is the last defense for a trend,
so once the outer trend line breaks, nothing beyound to hold > the price falls. (that will be : up or down, accordingly to the trend direction of course)
In order to define the breakout point, we can draw the trend's outer line.
This trend line is to be set from the trend's original center (focal) point.
As we know is not so easy to determine an exactly number of bars (candles) when we scroll back in our chart,
to determine the trend's starting point , so that's something that you as a trader will have to aquire that point of view.
The interest is in drawing the outer line, and not intermediate lines.The outer line is the last defense for a trend,
so once the outer trend line breaks, nothing beyound to hold > the price falls. (that will be : up or down, accordingly to the trend direction of course)
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
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3. The Pullback (Correction, Suport/Ressistance testing level)
After a breakout of the outer trend line, we're not yet ready to trade, this is called the "initial breakout trust", and can be very risky.
In order to protect ourselves from these fake breakouts, we will wait for that initial breakout trust to end and then we will wait for the first swing pullback.
That first swing pullback usually comes back to test eighter breakout levels or the outer trend line from the other side.
That's precisly where we'll be good to jump in, as price eventually pulls back, to the mentioned levels.
After a breakout of the outer trend line, we're not yet ready to trade, this is called the "initial breakout trust", and can be very risky.
In order to protect ourselves from these fake breakouts, we will wait for that initial breakout trust to end and then we will wait for the first swing pullback.
That first swing pullback usually comes back to test eighter breakout levels or the outer trend line from the other side.
That's precisly where we'll be good to jump in, as price eventually pulls back, to the mentioned levels.
ashj1893
Regular Member
- Nov 5, 2011
- 212
- 120
You charge people for signals, or at least you used to I had a convo with you on Skype last summer. Unfortunately deleted the conversation so I can't prove it. Binary brokers can and WILL manipulate spreads, as well as entry points. Then can also manipulate far out trades as well and claim the data feed was accurate based on their source. Also, NO - Forex is just as complex if not simpler than Binary Options - you have time to move in Forex. With off shore brokers, you can't control risk, manage trades and have to be exactly on point as if you miss by just one micro pip you lose all your investment. At least with Nadex and IG Markets you can close out before expiry. You are doing people a HUGE disservice keeping those poor saps on foreign brokers.
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
I never did that mate.
Ask people here and they will tell you.
Regarding brokers they all have advantages and disadvantages.
Cheers.
Ask people here and they will tell you.
Regarding brokers they all have advantages and disadvantages.
Cheers.