Binary options - any pros at all?

Yesterday I finished rearranging my charts with a configuration specifically oriented for trading foreign currency pairs via the PocketOption platform. I therefore spent the last 24-hour market cycle determining how to best apply this new version of my system, a process that I more-or-less completed after about the first seven trades, purchasing contracts ranging from $1 to $5. From that point on, I mainly experimented with trading contracts varying from $5 to $25.

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(The dark blue list on the left records the trades in the reverse order that they were made.)

My plan going forward is to continue evaluating how to rightly identify the best times to trade this new strategy, and which market conditions and structures will justify my having the confidence to execute trades that are even larger than $25.
 
I didn't make a lot of trades this morning. My only goal for today was to simply make sure I added to, and didn't take away from, yesterday's $66.85 gain. So, I used the first four trades to test the system, and having then figured out what I wanted to do, purchased two $5 contracts to add to yesterday's profits...

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Given what I learned between yesterday and today, rather than make a lot of trades, what I am more likely to do is pick my spots, where I'm almost guaranteed to be successful, and then make just a few, but relatively substantive, trades.

For example, I'd rather make just two high-probability trades for $50 each with a 70% return on investment for $37.50, and walk away with an additional $75 in my trading account for that day, than spend all morning making lots of different trades and consequently going back and forth between wins and losses.
 
It appears a Nadex two-hour call spread has a range of 100 pips...

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Unless I'm counting wrong, the range on five-hour call spreads appears to be 200 pips...

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Two of the daily call spreads straddle the initial price instead of just one. The interval on the last contract is 500 pips. The other three are 250 pips...

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There are six weekly call spreads. Five span 250 pips and the last spans the entire 750 pip range...

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I expect to see AUDUSD fall this week. Presently, the rate is at 0.7235. So, if I were to purchase the put contract with the ceiling down below at 0.7228 (to limit my potential loss) I wouldn't make any money until and unless the rate dropped down to 0.7202. This means if price doesn't get down to 0.7228, I will lose the $26 that separates 0.7228 from 0.7202...

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If I were to also purchase the top daily call spread in case price goes the "wrong" direction. I wouldn't make any money until and unless the rate rose to 0.7247, which means I could lose the $17 separating that figure from the floor down at 0.7230.

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I think I'll go ahead and try this (in my demo account) just to see what happens...

Can't do it! The demo contracts are NOTHING like the live contracts. Every time I turn around, I discover another aspect of NADEX that is ALL MESSED UP!
 
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expiated said:
...

Can't do it! The demo contracts are NOTHING like the live contracts. Every time I turn around, I discover another aspect of NADEX that is ALL MESSED UP!
More...

That is because the real world and the demo world are mutually exclusive, ESPECIALLY in a scam like BOs. Stop trying to get-rich-quick.
 
expiated said:
Can't do it! The demo contracts are NOTHING like the live contracts. Every time I turn around, I discover another aspect of NADEX that is ALL MESSED UP!
More...
Oops! My bad (I think)!

I have a sneaky suspicion I was looking at binary options when I should have been looking at call spreads. Let me go back and check this out again...

Yeah, this is the contract I should have been looking for...

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Since AUDUSD is already falling, let me see if it follows through, and if so, if it covers the $13.00 by noon tomorrow (Pacific Time) that I would have lost had I purchased this contract.
 
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expiated said:
Since AUDUSD is already falling, let me see if it follows through, and if so, if it covers the $13.00 by noon tomorrow (Pacific Time) that I would have lost had I purchased this contract.
More...
I cashed out with $9 profit when AUDUSD began to show signs of weakness, which would not have covered the thirteen bucks I would have lost had I purchased the other contract.

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But, with price now rising, would I have ended up losing the full $13.00?
 
This server time on chart indicator stopped working...

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But, no matter. Here is the feature you need to be monitoring to see how much time there will be before the next candle will form:

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Monday | December 27, 2021

Note: PocketOptions stopped making USDCAD available to trade sometime around 10:30 AM PST.

I'm all set to enter an agreement with my PocketOptions partner on January 19, 2022. So, until then, I guess I'll simply keep practicing in an effort to raise my trade selection proficiency to as close to 100% as possible...

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I'm supposed to finalize things this Wednesday with another individual who is simply looking for guidance. In the meantime, I'll be looking to lock down a technique for trading the "Ultimate Truth" version of NPP that will virtually guarantee whatever educational information I share with him will ultimately point him in the direction of profits.

(Hmmmm... it's 11:15 AM PST and USDCAD is back again.).:confused:
 
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