Search results

why ES?...way better off trading SPY options...more volume, better trading platforms etc etc

consider www.nadex.com it is regulated, fixed risk and can start with very small amount $$...

$100,000+ Stocks $20,000+Options $10,000+Futures under $5,000..Forex and www.Nadex.com

Oil can't even get to $90...LOL :p

do you want me to leave ET?

bing-o...that is where I am headed...spot Forex and NADEX with IGmarkets...cool

thanks...so you are saying, treat like normal trade but...only difference is limited risk

well...let's give it a go...as stated in the beginning of this journal...it is a 'trading journey journal'...journeying onward...:cool:

Rsikit...yea, sorry I do not know the proper terminology but...I was trying to say that binaries eliminate the immediate hyper 'going against you p&l' red reading...for me that is huge...takes pressure off while trading. I usually like to (via DEMO) sell far out binaries that are at about 15-30...

Sunday April 11, 2010 Gonna 'kick it on over' to my real/live cash IGMarkets/NADEX account for now... *may trade Spot Forex...maybe...but really small... *probably more focus on the NADEX Binary products Flat out, I simply believe I would be a better swing/position trader rather than...

Sunday April 11, 2010 Gonna 'kick it on over' to my real/live cash IGMarkets/NADEX account for now... *may trade Spot Forex...maybe...but really small... *probably more focus on the NADEX Binary products Flat out, I simply believe I would be a better swing/position trader rather than...

also, they have many, many intraday (2 hour) sessions for the binaries as well as daily and weeklies...

1-for ES, to win $$, it simple has to settle 1 tick above your target price (or 1 tick below if short) at 4:15pm EST ES futures closing price.. 2-does not matter where it goes during the day...just what happen at close at 4:15pm EST 3- you do not get the $$ if goes 1 tick above/beneath...

thanks Man..awesome stuff...what binaries do you mainly trade?...Oil, Euro, Inedexes? etc...thanks again

ah, yes, I have a IG/NADEX account

Because the run up to $140 couple years back was totally 'exposed' as speculator manipulation. We then got a huge commodity sell-off back then and then the banking, sub-prime crisis etc...so..thus invalidating 'crazy' high Oil prices...

might be a good place to buy some $80 USO puts or sell some $80 USO calls...thoughts

I really believe that NADEX.com could be the future for the smaller "Joe Trader" investor...limited/fixed risk products and broad range of markets..check it out

seems really hard to imagine we will ever see $100 Oil ever again...

then why trade anything else?...wins is what it is all about