Saturday, October 27, 2012

Restarting Documentary soon!

Ok guys, I believe I'm now ready to restart the documentary next week.... possibly on Tuesday.
I had to stop recording my Binary Option career because many private issues came up which demanded my full attention BUT now everything is behind me and I'll be ready to restart everything.

In case you would like to give Binary Option a try but do not want to invest $100/$200 which are the minimum deposit, then try WorldsMarket which allows a minimum deposit of $5 with minimum $1 per trade.

More importantly, they also give you access to a demo account of about $5k paper money to practice your trading method.


Just click on the banner below to check out this cheap broker

I also want to state that MarketsWorld platform and interface are very bad in compare to other more expensive brokers, and they seems to lag way to often...
Other issues I have with them is the delay that occurs once your trade expires..It feels weird and sometimes I  get this sense that they are fixing the strike expiry numbers against me so I could lose the trade..Of course, that could be just me being paranoid whenever I lose in a very close call.

And lastly, I need to warn you that $5 is not enough of an investement if you planned on doing Binary Option because you will eventually lose a few trade in a roll which would  erased your small $5 deposit...$200 deposit is really the right amount to start.

To be on the safe side, get yourself a professional signal provider service which will tell you exactly when and how to trade, for a monthly fee...Check out my list of signal provider services HERE.

Friday, October 12, 2012

UPDATE ON DOCUMENTARY

As you can see, I did not update you about my documentary for the past 3 days...That is because many things came up which I had to take care...I'm hoping to restart the Binary Option documentary on Monday but not 100% sure.

Monday, October 8, 2012

Bad day - $150 withdrawal completed

OCT. 6-7  SESSION WINNING RECORD: 42 WINS - 35 LOSES - 1 DRAW
NUMBER OF TRADE FOR THE SESSION: 78
ACCOUNT: $25 (Lost of $67)

WINNING RECORD SINCE START OF DOCUMENTARY: 175 WINS - 125 LOSES - 6 DRAWS
TOTAL TRADES: 306





First, the good news: If you've been wondering whether this Binary Option stuff will actually pay you if you manages to win, then wonder no more..My $150 arrived in my PayPal prepaid card on Saturday and I had only made the request on Friday...So it only took them 1 day..Pretty cool and fast.

Below is my paypal prepaid card account... I blocked all the private information and left out what you will need to see as proof of payment..In red circle is the $150 withdrawal that arrived in my account.





Now, the bad news:  For the second session in  a roll, I lost money...I started the session at $92 and finished at $25...So I lost $67 for the session.

The sad part is, I got up to $244 from $92 and was starting to really think my trading method could really earn me about $100 per session at the current trading stake....I was even starting to think I could start a signal service with my newly sharpened trading method.....Then, reality struck hard and I started losing by doing the same exact analysis that was successful to me...It was weird because the charts and set-up I was looking for was fine but somehow, the trend would always turn against me at the last moment.

Saying all that, I still believe in my new trading technique and I'm confident that I could bounce back from my current balance of $25 and get it back around $100 by the end of the week...My trade stake will now be much smaller because of the small amount on my account, but I will get up there again.




Friday, October 5, 2012

VERY BAD trading day - WITHDRAWN $150 OFF MY ACCOUNT

OCT. 3-4 SESSION WINNING RECORD: 30 WINS - 25 LOSES
NUMBER OF TRADES FOR SESSION: 55
ACCOUNT: $242 - $150 = $92
(I MADE A WITHDRAWAL OF $150)

WINNING RECORD SINCE START OF DOCUMENTARY: 133 WINS - 90 LOST - 5 DRAWS
TOTAL TRADES: 228


I've had a terrible session and actually took a lost of about $72 which erased 2/3 of the $103 profit I made last session. At the end of the current session, my account stood at $242 from the previous session of $318..So I took a lost of $72 for the day.

I also made a withdrawal of $150 from my current account balance of $242..So this means my account balance now stands at $92...

Why did I cashed out so early in the documentary??..
Well, I first wanted to see whether these guys will actually pay me AND I also wanted to protect some of the profit I generated during the last 3 days..You never know when you could go on a nasty losing streak and wipe out your entire account balance...

Once MarketsWorld  deposits the $150 I cashed out into my bank account, I will post the picture so you have proof that they actually paid me..The transaction should be completed within 3-7 business days.


As for the session, it obviously did not go too well, but altogether, I've been able to retain a very respectable  winning record of 133 wins, 90 loses and 5 draws..this is very close to 60% if I round up the numbers....Not bad for a newbie...for the current session, I was 30-25..I'm trying to get my winning % above 65%.

I was actually on a profit of about $36 for the session, but then got greedy and kept on trading instead of stopping for the day...I wanted to reach $100 profit for the 3rd day in a roll and got burned...I learned my lesson that when you're on top and in profit, you need to stop.


This is the picture of my processed $150 withdrawal...It should show up on my debit card account in 3 business days...Click on the image to enlarge


After $150 withdrawal, my account now stands at $92...Let's hope to grow it back into $300 and make another $150 withdrawal by next week.



30 wins 25 loses



Thursday, October 4, 2012

Very profitable trading session - From $215 to $318

OCT. 3-4 WINNING RECORD: 18 WINS - 8 LOST
 NUMBER OF TRADES FOR SESSION: 26
ACCOUNT: $318

WINNING RECORD SINCE START OF DOCUMENTARY: 103 WINS - 65 LOST - 5 DRAWS
TOTAL TRADE: 173



For a second day in a roll, I've been able to make a profit of more then $100. My account balance now stands at $318 from the previous session of $215....So I made a profit of $103 during last session.

Thanks to a bullish EUR/USD, I was able to just sit back and wait for the pair to turn and make some upward movement before  quickly entering "call/higher" position...Unfortunately, it looks like the bullish EUR/USD has run out of gas and it wont be as easy to make a profit on a less predictable pair.


Very profitable session





Only 26 trades for this session.....Wanted to keep it well under 50 trades....Very good winning percentage...

Wednesday, October 3, 2012

Very successful trading session - account at $215


OCT. 2-3 WINNING RECORD: 43 WINS - 21 LOST
 NUMBER OF TRADES FOR SESSION: 64
ACCOUNT: $215 

WINNING RECORD SINCE START OF DOCUMENTARY: 85 WINS - 57 LOST - 5 DRAWS
TOTAL TRADE: 147


Ok guys, I'm here to announce that I had a fabulous Oct.2-3 trading session and now my MarketsWorld account stands at $215 from the previous session of $70...So I made a profit of about $145 since last session

I was totally on fire and actually won 16 trade in a roll at one point...Let's hope I can keep this going for my next trading session....

I don't want to get too big headed because this may simply be luck, but I feel  I can now see clearer as trends develops in front of my eyes...Stay tuned for how things goes from this point on.

Here's the picture of my current account balance at $215..Click to enlarge the picture.

At the tailed-end of the session, I made 36 trades and got 29 wins and only 7 lost...


This is where I started my last session and wasn't so hot at the beginning and posted a 50% winning record  on 28 trades..but as you can see in the picture above, I really took off and won many trades in a roll





Tuesday, October 2, 2012

Lost previous $5 - Deposited $60

OCT. 1-2 WINNING RECORD: 28WINS  26LOST  5DRAWS 

WINNING RECORD SINCE START OF DOCUMENTARY: 42WINS 36LOST 5DRAWS

MARKETSWORLD.COM ACCOUNT: $70



Okay, so after losing my initial deposit of $5 because of bad money management, I decided to deposit an additional $10, but quickly realized that I needed a bigger amount to give me more space and make bigger trade for bigger profit...$5 or $10 is just not enough and after a few lost, your account is already depleted.

So after depositing a total of $60 on my account, I can now put my trading strategy into full motion without having to worry about a few bad trade erasing my account.

My total record for the previous session of Oct. 1-2 worsened but still above 50%..I need to be well above 55% to make a decent profit....My goal is to make a small withdrawal of about $50 by the end of next week or this week..

I also made a few trades after I deposited $60 and got my account up to $70 which is good news.
Let's hope I can keep this up and turn $60 into $120 by next week.

Below is my account picture with $70


Here's my recent trades I placed from Oct. 1-2...Click on the image to enlarge

I could not get a screen picture of one page with all the trade listed, so I had to take 2 pictures...So in grand total, I made 59 trades which is probably too much..



Monday, October 1, 2012

Bad first day of trading - went from $5 to $3.60

WINNING%: 14-11
MARKETSWORLD ACCOUNT: $3.60


In Binary Option, with good money management, all you need is a 55% winning record to be profitable which I easily accomplished during my first day of documenting my trading career...,,BUT I still managed to lose money!!

I started by depositing $5 yesterday, and traded the tail end of the Asian market..went to bed and woke up at around 4am to place a few trade during the European market session...and then traded the entire U.S market which is the best market to trade because of high volume which creates better trends.

SO after the first day, my account ended at $3.60..I placed 25 trades..14 wins and 11 lost...That should had been enough for a small profit but my money management was not good..I started trading $1-$2 per trade and was winning...BUT then got greedy and increased my stake and lost (2) $7 and $8 trades

At one point, I had $17 on my account but those 2 big trades killed my account balanced.

I may trade the opening of the Asian market tonight which starts at 8:00PM but will keep my trades low for that session because trends aren't so good.

Anyway, below is the picture of my account balance and the 25 trades I took.
Click on the picture to enlarge and get a better look.


The picture below is of my 25 trades..As you can see, I won 14 out of 25 which a bit above 55%.
Click on the picture to enlarge and get a better look.



         Placed           Asset        Strike Price    Type     Exp Price         Expiry             Stake   Profit %  Payout    Status
Oct 01, 16:08:09  EUR/USD       1.28906   Higher/Call   1.28913    Oct 01,   16:15:00     $1.00     85%      $1.85     ITM / WON
Oct 01, 15:46:38  DOW JONES 13504.65 Lower/Put    13513.12    Oct 01,   16:00:00     $8.00   92%       $15.36   OTM / LOST
Oct 01, 15:41:59  DOW JONES 13520.12  Higher/Call  13513.12    Oct 01,   16:00:00     $7.00   92%        $13.44    OTM / LOST
Oct 01, 15:10:25  DOW JONES 13536.42  Lower/Put  13509.20    Oct 01,   15:30:00      $3.00   92%        $5.76      ITM / WON
Oct 01, 15:06:24  DOW JONES 13539.16  Lower/Put  13509.20    Oct 01,   15:30:00     $4.00    92%        $7.68      ITM / WON
Oct 01, 14:54:34  AUD/USD      1.03780    Lower/Put   1.03594    Oct 01,    15:30:00     $2.00    87%        $3.74      ITM / WON
Oct 01, 14:54:00  AUD/USD     1.03784    Higher/Call   1.03594    Oct 01,   15:30:00      $1.50    87%        $2.80     OTM / LOST
Oct 01, 11:16:08  AUD/USD     1.03874    Higher/Call   1.03898    Oct 01,   11:25:00      $1.00    87%        $1.87     ITM / WON
Oct 01, 11:15:34  AUD/USD    1.03876    Higher/Call   1.03730    Oct 01,   12:00:00       $1.00    87%        $1.87     OTM / LOST
Oct 01, 11:10:26  AUD/USD    1.03865    Higher/Call   1.03895    Oct 01,   11:30:00       $3.00    87%        $5.61     TM / WON
Oct 01, 11:03:49  AUD/USD    1.03850    Lower/Put   1.03895     Oct 01,    11:30:00     $2.00    87%        $3.74      OTM / LOST
Oct 01, 10:42:18  AUD/USD    1.03753    Lower/Put   1.03734     Oct 01,    10:50:00     $1.50    87%        $2.80     ITM / WON
Oct 01, 07:22:19  EUR/USD    1.28870    Lower/Put    1.28825      Oct 01,   08:00:00     $1.00    85%        $1.85     ITM / WON
Oct 01, 06:28:13  AUD/USD    1.03685    Lower/Put   1.03680     Oct 01,   07:00:00      $2.00    87%        $3.74     ITM / WON
Oct 01, 06:09:16  EUR/USD    1.28980    Lower/Put    1.28957     Oct 01,   06:15:00     $1.00    85%          $1.85     ITM / WON
Oct 01, 05:51:15  EUR/USD    1.29058    Lower/Put    1.28995     Oct 01,   06:00:00     $1.00    85%          $1.85     ITM / WON
Oct 01, 04:46:16  EUR/USD    1.28860    Lower/Put    1.29006     Oct 01,   05:30:00    $1.91    85%          $3.53    OTM / LOST
Oct 01, 02:58:45  EUR/USD    1.28402    Lower/Put    1.28646     Oct 01,   03:30:00    $1.00    85%          $1.85    OTM / LOST
Oct 01, 01:28:20  EUR/USD    1.28270    Lower/Put   1.28253     Oct 01,   01:35:00    $1.00     85%          $1.85    ITM / WON
Oct 01, 01:00:33  EUR/USD    1.28213    Lower/Put   1.28271     Oct 01,   01:30:00    $1.00     85%          $1.85    OTM / LOST
Oct 01, 00:39:17  EUR/USD    1.28229    Lower/Put   1.28220     Oct 01,   01:00:00    $1.00     85%          $1.85     ITM / WON
Oct 01, 00:22:14  EUR/USD    1.28210    Lower/Put   1.28228     Oct 01,   00:30:00    $2.00     85%          $3.70    OTM / LOST
Oct 01, 00:06:33  AUD/USD    1.03355    Lower/Put   1.03402    Oct 01,   00:15:00    $1.00     87%          $1.87    OTM / LOST
Sep 30, 23:04:02  AUD/USD    1.03354    Lower/Put   1.03374    Sep 30,   23:10:00    $1.00     87%          $1.87    OTM / LOST
Sep 30, 22:43:58  AUD/USD    1.03310    Higher/Call   1.03406   Sep 30,  23:00:00     $1.50     87%          $2.80     ITM / WON



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