NADEX Trial

[expiated]

I am hoping today's activity will see my demo account balance reach $27,000, which would equal an 8% return on the $25,000 balance from when I opened the account back in October of last year, which is not all that impressive, but I'd like to think I could have done much better had I been taking this little experiment seriously and not been trading so sporadically.

My demo account balance has risen 3% in the eleven or so market days since March 21, when I began trading it a bit more actively. This is much more in line with the kind of return I would expect the NPP trading system to be able to generate. Had I been trading this way all along, I would have had around a 43% return rather than the 8% realized, generating close to $2000 every month as opposed to once over six months.

 

[expiated]

Lower time frame configurations and their applications appear to be validated, set in stone, and ready to go, so I am now returning to the higher time frames to judge which setups need to be deleted as inferior to the best of everything given a trial between January and March. This comes from the "best looking" one-hour chart setup at a surface level...

This is another aspect of the "best looking" one-hour chart setup. I'm risking 87 bucks just to make $13, but based on history, I'm not expecting EURJPY to fall back down below the 125.00 strike price (the red horizontal line) given that it just crossed above my green and blue moving averages, especially given that the white moving average is conveying an overall bullish sentiment.

In four hours I will have a better idea as to whether I should trust these unique moving averages or if I will end up regretting it.

 

[expiated]

In four hours I will have a better idea as to whether I should trust these unique moving averages or if I will end up regretting it.

Yeah, I'm still liking this setup, so now I need to go back and compare it to all the configurations left over from before to see if there are any I can go ahead and delete...clean up my files a tad bit.

 

[expiated]

Final preparations are now underway to resume live trading with NADEX.​

 

[expiated]

Risking just under 80 bucks to make just over 20 on this 5-minute binary option in-the-money put contract, but the structure of GBPUSD suggests that the odds of the pair still being in-the-money at expiry are very much in my favor.

 

[expiated]

I'm going to try purchasing perhaps four- or eight-hour at-the-money binary option contracts based on market structure observed on higher time frame charts to hopefully avoid the rotten reward-to-risk ratios characteristic of Nadex in-the-money contracts...

My goal will be to raise the amount of profit per trade and lower the risks, yet still maintain a nearly 100% success rate.

 

[Sig]

Keep in mind when you go to live that nearly all the Nadex volume comes from market makers. So if the market is 50 on each side, that's all you're going to be able to get at that price. If you hit the 50 that's there, they open up the spread. You won't see that on demo.

 

[expiated]

Keep in mind when you go to live that nearly all the Nadex volume comes from market makers. So if the market is 50 on each side, that's all you're going to be able to get at that price. If you hit the 50 that's there, they open up the spread. You won't see that on demo.

I don't know what you're talking about. I traded my live account for over two years (from November 2011 to April 2014) and I see no discernible difference between what I observed then and what I'm observing now.

 

[Sig]

I don't know what you're talking about. I traded my live account for over two years (from November 2011 to April 2014) and I see no discernible difference between what I observed then and what I'm observing now.

Were you trading more than 50 (or 200 for one market maker) contracts at a time? If not, and you don't anticipate doing so, then no worries, it won't impact you. If you are planning on doing that though, just be aware that once you burn through whatever the MM has on offer/bid they open their spreads for quite a while on that particular strike. Obviously you wouldn't see that in demo and that might lead you to believe you could scale beyond where you actually can on live, that's all.

 

[expiated]

Were you trading more than 50 (or 200 for one market maker) contracts at a time? If not, and you don't anticipate doing so, then no worries, it won't impact you. If you are planning on doing that though, just be aware that once you burn through whatever the MM has on offer/bid they open their spreads for quite a while on that particular strike. Obviously you wouldn't see that in demo and that might lead you to believe you could scale beyond where you actually can on live, that's all.

Thanks! No, I thought the maximum number of contracts you could purchase at Nadex with one order was 10, but then I had a guy tell me he knew traders who purchased 20 or more at a time, so either Nadex changed its old rules or I just made it up in my own mind/head. To buy 50 contracts, I'd want to have at least $500,000 in my trading account, so I won't have to worry about that for quite some time—if ever.