Binary options - any pros at all?

[sbenson]

Does losing money count as having experience

 

[ironchef]

Keltner bands would be a better approximation.

You helped me out on coding and h/w before here is another question:

There are plenty of excel programs that can generate Bollinger bands, are there any for Keltner bands?

Thanks.

 

[expiated]

I'm finding that at Binary dot com the payout for $50 contracts that are in-the-money at expiry generally ranges from $35 to $45. Consequently, to be profitable using this outfit one would only need a 67% success rate. For every $50 you lose you would make a minimum of $70.

 

[userque]

You helped me out on coding and h/w before here is another question:

There are plenty of excel programs that can generate Bollinger bands, are there any for Keltner bands?

Thanks.

I found this site that purports sells the indicator for excel:
https://www.technicalindicators.net/indicators-technical-analysis/97-keltner-channel

This video shows how to make trading envelopes in excel:

This sort of thing is not hard in Excel, I could start a thread and show you how to do it if the above two links don't fit your needs.

You really should learn how to do this sort of thing. Let me know if you're interested.

 

[ph1l]

Thanks. I wonder if they're being restricted from replying to Americans with all the hostility now. Heck their emails might be filtered so they don't even receive emails from us.

Lei Hong was still listed as a professor at Jimei University School of Business Administration at least until this past June.
https://translate.google.com/transl...edu.cn/info/1025/5403.htm&prev=search&pto=aue

Of course they would likely consider you as an out-of-state student and given your military background -- maybe an enemy of the state.

 

[Sig]

Lei Hong was still listed as a professor at Jimei University School of Business Administration at least until this past June.
https://translate.google.com/transl...edu.cn/info/1025/5403.htm&prev=search&pto=aue
View attachment 235615

Of course they would likely consider you as an out-of-state student and given your military background -- maybe an enemy of the state.

Probably so. Very sad this has escalated into academia. Used to be you could email pretty much anyone who had written a paper and they'd be happy to spend an hour on the phone with you or answer any questions by email. Today I saw that they arrested a visiting professor from China at my alma mater for lying on their visa application. Allegedly she's still on active duty in the PLA while here in the U.S. as a visiting professor. Bizzare since her field of study is myasthenia gravis which is apparently a rare muscular degeneration disease that doesn't seem to have much connection to anything military. But bottom line is that you can't just pick up the phone or drop a cold call email any more I guess.

 

[ironchef]

I found this site that purports sells the indicator for excel:
https://www.technicalindicators.net/indicators-technical-analysis/97-keltner-channel

This video shows how to make trading envelopes in excel:

This sort of thing is not hard in Excel, I could start a thread and show you how to do it if the above two links don't fit your needs.

You really should learn how to do this sort of thing. Let me know if you're interested.

Thanks. I need to make a effort to do it. Let me play with it.

 

[ironchef]

I'm finding that at Binary dot com the payout for $50 contracts that are in-the-money at expiry generally ranges from $35 to $45. Consequently, to be profitable using this outfit one would only need a 67% success rate. For every $50 you lose you would make a minimum of $70.

There has to be a catch.

 

[expiated]

For every $50 you lose you would make a minimum of $70.

For a net gain of $20

 

[expiated]

It's true that timed expirations play a huge part in contributing to a binary option "broker's" edge, but I believe that the system I use compensates for this.

I have finalized a system in which a specific, carefully selected baseline is assigned the role of representing the trend in each of various time frames (i.e., five-minutes, 15-minutes, 30-minutes, etc.) and plan on experimenting next week with a tactic in which I will set my alarm to go off every 30 minutes, at which time I will check my watch-list to see if the position of any exchange rate within its corresponding price range is opposite the direction of its hourly trend, as conveyed by the lower panel indicators pictured here.

I'm curious to see how often purchasing binary option contracts at such moments results in winning trades. If successful, my next step would be to spend some time living outside the U.S.A. to trade the approach in a live account. Unfortunately, it might be a year or two before this will be feasible. Still, given the results from trading recreationally/sporadically the last few days, even without the help this technique, I am hopeful it might actually work, God willing...