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09-13-2013, 05:50 AM
Post: #11
RE:
Hey Johnny63 . . .

I usually trade with the immediate trend after a suitable pull-back (retracement). What's suitable? It depends on nearby support and resistance. Sometimes I'll take a counter-trend trade if the market has gone too far (IMO) one way or the other without a good pull-back.

Yes, most things that come from backtesting fail -- unless you adapt the strategy/method to the ever-evolving markets. For example, I day trade Crude Oil (CL) and the price action in that market is much different today than just a couple of weeks ago. Trying to trade today like I did mid-August would get my account killed. So you have to "tweak" even successful systems frequently.

I agree that options (and binary options) limit your potential loss but any trader should be able to do that himself/herself with a stop loss. When I teach folks that's the first thing I make them place after entry . . . even before their profit target(s). You've identified the problems with binary options but the biggest I would think would be getting your money from the "broker" since it's really coming out of their pockets if you were profitable because they're taking the other side of most trades.

Good Luck!
EuroTrader
(07-30-2013 07:37 AM)jbrown63 Wrote:  @EuroTrader
You are certainly right with both, the failure rate and the robots.
Futures are very similar to Forex, it's the same instrument used here (with high possible leverage).
I played a bit with forex but puled the line after a few small losses.
I left with only $20 in losses, so I did not get any gambling thrill out of it.

What kind of strategies do you use?

I know everything that comes from backtesting tends to fail after a while.
I'm with Nassim Taleb - meaning chance plays a big role in the markets.

The options guys now sell their indicators and automation systems for MT4... from what I see they only sell the indicators.

To me, options seem a fair start. They are kind of Forex with a stop loss system. unlimited possible gains against a small and defined loss.
However, it's not a natural trading style, especially if one prefers options out of the money. It hurts to lose often...

Just had a look a binary options:
This is kind of gambling. You try to forecast a price after a fixed amount of time.
You also trade in the noise... so it's all chance.
The options part:
If you're right, you can make huge gains. If not, you loose a fixed amount.

If the leverage is good, this could be a nice money machine.
But there are some concerns:
a) the trading company earns from your trades
b) they are also your underwrter (option seller)
c) they provide the ticker too!
Summary: they provide the platform and data - and they trade against you!

Cheers, Johnny63
11-11-2013, 10:04 AM (This post was last modified: 11-11-2013 10:08 AM by MasterBoy.)
Post: #12
Profit in 60second
anyone tried this software ????

Profit in 60second

http://www.profitin60seconds.com


share this please

(07-27-2013 08:46 PM)thechampss Wrote:  Profit in 60second
(07-27-2013 08:46 PM)thechampss Wrote:  http://www.profitin60seconds.com
(07-27-2013 08:46 PM)thechampss Wrote:  share this please
02-16-2014, 03:59 AM
Post: #13
RE:
I've been looking for different binary options systems before, tried a couple but I found that they are usually fake! The Profit In 60 Seconds is getting lot's of negative reviews so I wouldn't recommend it.

http://www.binaryoptionswatchdog.com/pro...-response/

It doesn't seem very promising if you ask me!
02-16-2014, 07:54 AM
Post: #14
RE: [GET][Instant Binary Profits]
[Image: top-bg1.png]
Download Area:
Magic Button :
Code:
http://www.profitin60seconds.com/dwn-pi60s-2013j.html
02-16-2014, 10:15 AM (This post was last modified: 02-16-2014 10:21 AM by Paradimio.)
Post: #15
RE: [GET][Instant Binary Profits]
I feel like I should chip in since I partly own a Binary trading platform.

I couldn't help but smile while I saw the first step on this method. The binary trading website which this offer refers to will provide you 100% bonus equal to your deposit, but you have to bet 40 times.

Think about it : If you win you get +70%, if you lose you get - 100%, the statistical chances of ever cashing out after 40 cycles are way below zero. On top of it they are well known for cheating, by keeping your option open after the limit term until you finally lose.

It does have a bright side for affiliates, because commissions can be cashed out as soon as you transfer, no one has ever cashed out any money from that deal, apart from the operator himself, the affiliates and the staff at the call center.

About Forex and Binary trading, thank you Johnny63 for mentioning Nassim Taleb and his book "fooled by randomness", to me these are all different forms of gambling.

I worked 15 years in the casino industry, training poker dealers and slot managers in Eastern Europe and also as a consultant for lottery operators. The appeal with gambling on the stock market maybe that people have the feeling that they can better control the outcome, because like poker, intelligence seams to have some effect at deciding who wins and who lose.

Every gambler has a system, even slot machines and roulette players have a system, in fact I'd even say every gambler has a method : step 1 = put himself in shit, step 2 = put himself out of shit all on his own, based on that very system he so strongly cherish. Sadly it does not work so well most of the time.

That is because there are only 2 ways to win at binary trading or other :

1- be the operator, move to the other side of the table and become the one who takes a fee on every transaction, this way you will always win. Depending on the platform, here is the average fees:

Forex, Stock market, black Jack, Roulette, poker = from 2% to 5%

Binary = from 2% to 15%

Sports bets = from 7% to 30%

National lottery tickets= from 45 % to 55%


And then the second way -if you refuse to take my advice and you decide to gamble anyway- is to put all your bet on one draw/event, just do it once and wish for the best, that is the only other real system that I ever saw working. If you play on a roulette a few hundred times, you are sure to lose. But if you play once in your life then no one can tell for sure. Same for Binary, first choose the platform which takes the smallest fee and Google around to be sure that they payout when their clients ask them so. But do not expect to make a living by managing your money this way.

Gambling is a suitable form of entertainment for people who do not have to work for their money. If you have not reached this stage yet, and since you are already here on BBHF, then find yourself an affiliate gig, bring leads to an operator and take big commissions. Binary, Forex, Poker, casino etc, they all take the house fee, the rake or the juice like poker people call it.

Slowly the industry is stabilizing and now you expect most platforms to keep less then 20% of the official fee for themselves. Many gambling sites charge +-5% fee officially, but they only keep 1 fifth of it and give back the rest to super affiliates and affiliates and/or back to the VIP gamblers.

So if I read you well OP, if you happen to be a gambler who just put himself in shit and is looking at instantbinaryprofit in the hope that this maybe the super shiny "get out of shit quick system" that you were looking for, then my advice to you is to forward this type of beautiful tutorials to someone else, just after changing the affiliate link with your own, you can get a 60% commission everywhere almost now. PM me if you can't...

Good Luck









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10-12-2014, 05:21 PM
Post: #16
RE:
i just downloaded but will try to see how it goes expecting my feedback soon then
10-12-2014, 08:09 PM
Post: #17
RE:
I would Rather go for Sports Bet. It has worked for me in the Past with Bet365 Bookmaker Platform
Magic Button :
Code:
https://www.fiverr.com/verscevic/show-you-how-to-make-money-from-online-sports-betting
10-12-2014, 08:24 PM
Post: #18
RE:
great share ,well done




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