I wish I had been short the Euro over the weekend for 20 standard lotsQuote from TheMan:
no problem at all
your welcome again
hope your not long euro with no stops in may go to 0
IncreaseNow's "Sell/Short" Futures Journal
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Monday May 10th will probably be '"come back" day for me as for real/live trading. Probably will mean I will deposit fresh real $$$ USD into my IG Markets/NADEX account...kinda really liking the 'fixed risk' trade contracts...
been liking the NADEX binaries (nadex spreads not so much) and also the IGMarkets spot Forex options...been executing various 'straddle' trades on the spot Forex options via demo trading...
Stick to demo trading. Nadex/IG over-price the tails, as they know that their uninformed clients will go for the high probability wager. The ATMs are fine if your edge exceeds the 600bp in vig that IG charges.
Binary 101. If you play a >1:1 risk/reward wager then you should be aware of the risk of reaching the strike. If you buy an ITM binary call at 80/100 and spot falls to the strike you will lose 35/100 on the "pick 'em" price, which includes the 500-600bp vig (35 in all). The liquid ATM (pick 'em) bets trade at 44-45/55-56. So, you may want to hedge your deltas in spot limited to recovery the risk at the strike (fixed/discrete).
I realize that I am wasting my time, so I'll leave it there.
Binary 101. If you play a >1:1 risk/reward wager then you should be aware of the risk of reaching the strike. If you buy an ITM binary call at 80/100 and spot falls to the strike you will lose 35/100 on the "pick 'em" price, which includes the 500-600bp vig (35 in all). The liquid ATM (pick 'em) bets trade at 44-45/55-56. So, you may want to hedge your deltas in spot limited to recovery the risk at the strike (fixed/discrete).
I realize that I am wasting my time, so I'll leave it there.
exactly...it don't matter if you are trading the ES, SPY, SPY options, SP500 spreads on NADEX, CME globex currencies, forex or spot forex options or binaries...it's all about being...right
well we know one thing is true
you have tried all the markets so far and yet to find a MARKET that you THINK is the one you need to trade in order to make money
u still do not realize that you need to learn how first
which market you choose makes no difference, yet you still think that is the deciding factor
1/2 huh 1/2???Quote from TheMan:
well we know one thing is true
you have tried all the markets so far and yet to find a MARKET that you THINK is the one you need to trade in order to make money
u still do not realize that you need to learn how first
which market you choose makes no difference, yet you still think that is the deciding factor
many times the ATR / RSI-20 MA will put me where I want to be at....