Here is why it's so important to get in at a high if you going put and low if you going call within a range. Some platforms for binary trading make it hard to do this, but you can see first hand in this trading video below how good it can be when you have a line with the current price and flexible charting right besides where you trade up/down.
Mar 9, 2014
Mar 8, 2014
Someone who has seen a little bit about binary options and wants to learn more is probably going to end up opening an account and blowing it. The odds are against you for one reason. It's a problem that all human beings have and the word is emotions. With binary options, you have a very powerful, but very risky system to try and make profit.
Mar 7, 2014
What a morning. I ended up surviving the week. Even though it was -$500 week, it ended in a $200 net profit successful trade on AAPL 527.5 weekly expiration put options. I opened up my trading account this morning to see the balance of $140. By 10am it was at $540! so now there is plenty of room to build it next week and get back up to where it needs to be for proper risk management. On Monday the plan is patience and I just want to take a day where there are no entries until after Noon. I feel like it's a bad strategy to try and trade the morning unless you are risking very small % balance amounts because if you don't get the right move, you are screwed until 2PM when volatility picks up again.
Mar 6, 2014
I finally got back to my main office to do some work today. The past two days have been done remotely for end of day and nightly forex signals as well my own trading. Let me tell you that if you start working in a different area with things as emotionally taxing as day trading options, I would suggest not doing any work at all. My options trading tanked from $1,150 on Monday to $250 at the end of trading today and now I need AAPL to fall to 525 tomorrow to stay alive.
Mar 5, 2014
This morning is about psychology and trading. They go hand in hand as traders try to remove their ego and listen to the markets. Investors are either in for the long hall or out by cutting losses so what we are trying to do this morning is figure out what psychological factors are going to effect the price of stocks today March 5, 2014.