Ok guys, I'm back but may not be ready to plunge back into recording my option trading for a few more days...There's a small chance I may do some trading on Sunday night during Asian market opening and Monday morning for U.S market opening, but not 100% sure yet....If I do proceed to trade, I should post the result here at 5pm eastern time....
In the main-time, you may want to know that MarketsWorld change their minimum deposit fee from $5 to $20...I would only recommand this broker if you want a demo account to test-drive Binary Option, but if or once you wish to trade for "real", I would recommand more suitable brokers....Get a list of my recommanded broker HERE
Saturday, November 24, 2012
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.
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.
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