They are not banned outright, but they are so heavily regulated that there is effectively only a single solitary binary option outfit, Nadex, that is allowed to operate in the USA. There are no others.
1.8% Profit per Day Compounded over 220 Days
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Thank goodness that most ≠ all.
Wednesday / December 18, 2019 / 6:30 p.m. PST
I have found that the trading system I finalize in August or September of this year—Numerical Price Prediction—is almost perfect for the “Touch/No Touch” and “Ends Between/Ends Outside” contracts offered by Binary dot com. This is because the system consists almost entirely of projected price ranges, bona fide trend reversal, and mathematical odds/statistical probabilities.
The thing I don’t like however is that the minimum expiry for these two types of contracts is one day, which, as calculated by Binary dot com, is in effect, actually two days; which allows too much time for situations to change and trades to turn against me. Otherwise, I could trade such contracts with an almost 100% success rate.
The reward-to-risk ratio for “Ends Between/Ends Outside” contracts are relatively small, but the odds of these contracts being in-the-money at expiry is almost 100% (if expiry were actually at the end of one day rather than two). The reward-to-risk ratio for “Touch/No Touch” contracts is typically anywhere from around 1:1 to about 3:1. But again, expiry tends to be closer 48 hours away rather than 24 hours, which is not good.
I have found that the trading system I finalize in August or September of this year—Numerical Price Prediction—is almost perfect for the “Touch/No Touch” and “Ends Between/Ends Outside” contracts offered by Binary dot com. This is because the system consists almost entirely of projected price ranges, bona fide trend reversal, and mathematical odds/statistical probabilities.
The thing I don’t like however is that the minimum expiry for these two types of contracts is one day, which, as calculated by Binary dot com, is in effect, actually two days; which allows too much time for situations to change and trades to turn against me. Otherwise, I could trade such contracts with an almost 100% success rate.
The reward-to-risk ratio for “Ends Between/Ends Outside” contracts are relatively small, but the odds of these contracts being in-the-money at expiry is almost 100% (if expiry were actually at the end of one day rather than two). The reward-to-risk ratio for “Touch/No Touch” contracts is typically anywhere from around 1:1 to about 3:1. But again, expiry tends to be closer 48 hours away rather than 24 hours, which is not good.
Monday / December 23, 2019 / 8:30 a.m. PST
The above setup is all well and good, but it does not occur very frequently. Trading throughout the day will therefore require the use of more subtle and nuanced techniques, which I am currently analyzing and evaluating.
These tactics are not all that complicated (from my viewpoint) but they do need to be executed with what I would characterize as near surgical-like precision. A big upside to all this is that, even if the strategies do not sufficiently capture the imagination of potential partners overseas—enough to motivate them to climb aboard, they appear to have the potential to so greatly heighten the probability of any given trade being successful that I might be willing to test them out using my live Nadex account.
Even though I would have to risk around $50 per trade (as opposed to just $1, as with Binary dot com) I would be willing to take this risk because the enhanced methodology would virtually guaranty success, making trading with Nadex a much more attractive proposition than it has been to date.
Moreover, since Christmas will be over by then, I will not have to worry as much about losing any discretionary funds.
The above setup is all well and good, but it does not occur very frequently. Trading throughout the day will therefore require the use of more subtle and nuanced techniques, which I am currently analyzing and evaluating.
These tactics are not all that complicated (from my viewpoint) but they do need to be executed with what I would characterize as near surgical-like precision. A big upside to all this is that, even if the strategies do not sufficiently capture the imagination of potential partners overseas—enough to motivate them to climb aboard, they appear to have the potential to so greatly heighten the probability of any given trade being successful that I might be willing to test them out using my live Nadex account.
Even though I would have to risk around $50 per trade (as opposed to just $1, as with Binary dot com) I would be willing to take this risk because the enhanced methodology would virtually guaranty success, making trading with Nadex a much more attractive proposition than it has been to date.
Moreover, since Christmas will be over by then, I will not have to worry as much about losing any discretionary funds.
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I think the basic “formulas” for what I am doing here are sound judging by the difference between yesterday’s balance and today’s, but I suspect there is yet room for improvement, which I will continue to work on this week as the market provides opportunity. I am writing everything down as I go along to help ensure when all is said and done I have a concrete, systematic, and as objective as possible protocol for this “beat the binary options” methodology I’m continuing to refine this month.
Tuesday, December 24, 2019 / 8:00 a.m. PST (Christmas Eve)
The experimenting I did last week diminished my Binary dot com demo account, but the basic “formulas” I settled on yesterday, along with the trading I did last night, brought it back up above where it was last Monday. I only purchased three contracts last night because the volume looked to be extremely light. Since Binary dot com closed at 3:30 p.m. GMT, this is the last of the trading I’m going to be doing for now.
Using the system correctly means considering trends and typical price ranges in multiple time frames along with market structure. The image below is focused on only one trend within a single time frame.
It's all about interpreting the relationships between trend, price range, horizontal support/resistance, reoccurring price patterns, and market structure in multiple time frames to arrive at a forecast model that gives a valid and reliable indication of where rates are likely to go in the near future.
The experimenting I did last week diminished my Binary dot com demo account, but the basic “formulas” I settled on yesterday, along with the trading I did last night, brought it back up above where it was last Monday. I only purchased three contracts last night because the volume looked to be extremely light. Since Binary dot com closed at 3:30 p.m. GMT, this is the last of the trading I’m going to be doing for now.
Using the system correctly means considering trends and typical price ranges in multiple time frames along with market structure. The image below is focused on only one trend within a single time frame.
It's all about interpreting the relationships between trend, price range, horizontal support/resistance, reoccurring price patterns, and market structure in multiple time frames to arrive at a forecast model that gives a valid and reliable indication of where rates are likely to go in the near future.
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Thursday / December 26, 2019 / 3:35 a.m. PST (The day after Christmas)
The New Zealand pairs were nicely structured for long positions when Binary dot com shut down the other day. Had I been "on my toes" and waiting for the platform to reopen at 10:00 p.m. GMT yesterday, I could have earned an easy profit, but my focus was on holiday activities instead.
When I arrive home at 6:00 a.m. GMT, @ 1.2987, GBPUSD was nicely structured for a short position if it planned to continue heading south, so I purchased a put contract with expiry 13 hours away. GBPJPY was in the same situation, but I opted not to purchase two contracts just in case the Cable pairs were reversing direction upward, which would have led to both contracts being out-of-the money at expiry.
GBPUSD rose to 1.2993 at 7:03 a.m. GMT before showing signs of a reversal southward, so I purchased a second put contract with expiry just 30 minutes away, which closed in-the-money at the scheduled 7:33 a.m. GMT expiry time.
GBPUSD finally began to fall dramatically at 9:06 a.m. GMT. It is currently down to 1.2961 (at 11:20 a.m. GMT) so if it does not turn against me before expiry in approximately seven-and-a-half hours, it will add another $1.97 to my current balance of $138.20 for a total of $140.17 (since I am not planning to make any additional trades before then).
The New Zealand pairs were nicely structured for long positions when Binary dot com shut down the other day. Had I been "on my toes" and waiting for the platform to reopen at 10:00 p.m. GMT yesterday, I could have earned an easy profit, but my focus was on holiday activities instead.
When I arrive home at 6:00 a.m. GMT, @ 1.2987, GBPUSD was nicely structured for a short position if it planned to continue heading south, so I purchased a put contract with expiry 13 hours away. GBPJPY was in the same situation, but I opted not to purchase two contracts just in case the Cable pairs were reversing direction upward, which would have led to both contracts being out-of-the money at expiry.
GBPUSD rose to 1.2993 at 7:03 a.m. GMT before showing signs of a reversal southward, so I purchased a second put contract with expiry just 30 minutes away, which closed in-the-money at the scheduled 7:33 a.m. GMT expiry time.
GBPUSD finally began to fall dramatically at 9:06 a.m. GMT. It is currently down to 1.2961 (at 11:20 a.m. GMT) so if it does not turn against me before expiry in approximately seven-and-a-half hours, it will add another $1.97 to my current balance of $138.20 for a total of $140.17 (since I am not planning to make any additional trades before then).
The pair has indeed turned against me. Based on what I have observed over the last few days, I'm thinking it would probably be better to select an expiry of 12:00 PM GMT rather than a later hour, as I was doing up until now.