You remember I told you to get hands on experience with smaller trade amounts or demo account. Those small lessons you're learning should cost little or not at all.
Now to the trade. I saw the same thing and that was actually winning in a certain time frame. The loss was because of an expiry time miscalculation. In binaries - expiry time, asset choice and the option of call or put have all the same weight and I am taking a trading position when completely sure that trending left alone - the distance is right too. The thing I most obviously miscalculated here.
Anyway - losses happen and 53-23 means that there were 23 like those in process. That is acceptable - lessons learned and moving on. The most important thing is not to import the chasing fron sportsbetting to binaries because watching a certain asset price drop when among at call option is almost as the same as having LBJ scoring only 8 points in the first half: you know the second half is going to be different. Much more different. Of course that works in opposite direction as well and knowing you're a Heat fan and an NBA virtuoso - I think I brought the best example for certain trending you must have a sportsbatting association with and from.
Let's get them.
Only thing today is the slow speed the market is moving on asian venues.
I get all that you are saying and all is being taken in- I did practice for 7 hours last night- straight- to get a feel of binaries- did not do it on option rally as I plan to do very little trading to start- the loss was $40!
As to why I chose another trade it was not chasing- it is how I am trading aapl on other accounts as stock- I was a bit hesitant to start binaries because I am yet to get an angle (i use the word angle alot) in stocks my strategy is that of market technician with hedging tools- I like to middle trades and or protect my capital, its what I have done for the last 12 years it is what works for me. I almost got it to work here if not for not knowing I would be logged off- which is a good safety feature.
Lets hope the lessons continue to be small- however it has nothing to do with you but more with me- was trading the stock all day and saw what you saw- the only thing is that when I shorted the stock at 398.20 today my studies said cover in the 395 range if the low of day test holds and it did- I covered at 395.93 and then went to try and buy a call at Optionrally and was too late- keep in mind the accounts and what I do come first lots more to lose- the trade was $200 on the put lets say the commission on the other trade was much more. The reason I then did a $200 put at 398.3797 was because it was above what I thought was a high price- Since my short was below that level and I believe in my studies- it was a close call at the end but it worked out.
Lets see what's next-
BTW I know a win is a win but what spread do you look for before trying to middle or hedge?
I also agree that the error was the expiry time- the charts pointed down- they did all day until the failed attempt to break hard to new lows on high volume.
Quote Originally Posted by SportsMavin:
You remember I told you to get hands on experience with smaller trade amounts or demo account. Those small lessons you're learning should cost little or not at all.
Now to the trade. I saw the same thing and that was actually winning in a certain time frame. The loss was because of an expiry time miscalculation. In binaries - expiry time, asset choice and the option of call or put have all the same weight and I am taking a trading position when completely sure that trending left alone - the distance is right too. The thing I most obviously miscalculated here.
Anyway - losses happen and 53-23 means that there were 23 like those in process. That is acceptable - lessons learned and moving on. The most important thing is not to import the chasing fron sportsbetting to binaries because watching a certain asset price drop when among at call option is almost as the same as having LBJ scoring only 8 points in the first half: you know the second half is going to be different. Much more different. Of course that works in opposite direction as well and knowing you're a Heat fan and an NBA virtuoso - I think I brought the best example for certain trending you must have a sportsbatting association with and from.
Let's get them.
Only thing today is the slow speed the market is moving on asian venues.
I get all that you are saying and all is being taken in- I did practice for 7 hours last night- straight- to get a feel of binaries- did not do it on option rally as I plan to do very little trading to start- the loss was $40!
As to why I chose another trade it was not chasing- it is how I am trading aapl on other accounts as stock- I was a bit hesitant to start binaries because I am yet to get an angle (i use the word angle alot) in stocks my strategy is that of market technician with hedging tools- I like to middle trades and or protect my capital, its what I have done for the last 12 years it is what works for me. I almost got it to work here if not for not knowing I would be logged off- which is a good safety feature.
Lets hope the lessons continue to be small- however it has nothing to do with you but more with me- was trading the stock all day and saw what you saw- the only thing is that when I shorted the stock at 398.20 today my studies said cover in the 395 range if the low of day test holds and it did- I covered at 395.93 and then went to try and buy a call at Optionrally and was too late- keep in mind the accounts and what I do come first lots more to lose- the trade was $200 on the put lets say the commission on the other trade was much more. The reason I then did a $200 put at 398.3797 was because it was above what I thought was a high price- Since my short was below that level and I believe in my studies- it was a close call at the end but it worked out.
Lets see what's next-
BTW I know a win is a win but what spread do you look for before trying to middle or hedge?
I also agree that the error was the expiry time- the charts pointed down- they did all day until the failed attempt to break hard to new lows on high volume.
ok mavin and the co. the service is back. here in cyprus the word is hackers attacked the whole trading platform and all the brands were down. he he he. they found who to attack. in my opinion - the liquidity providers attacked the platform providers who are costing them so much money because of you mavin he he he
ok mavin and the co. the service is back. here in cyprus the word is hackers attacked the whole trading platform and all the brands were down. he he he. they found who to attack. in my opinion - the liquidity providers attacked the platform providers who are costing them so much money because of you mavin he he he
ok mavin and the co. the service is back. here in cyprus the word is hackers attacked the whole trading platform and all the brands were down. he he he. they found who to attack. in my opinion - the liquidity providers attacked the platform providers who are costing them so much money because of you mavin he he he
Service is not back yet as the platform provider is still having issues to deal after a hack attack aimed at disrupting the service. All the labels who operate on that SpotOption platform can only accommodate registration but no trading. It will come to resolution soon I assume.
Quote Originally Posted by phixer:
ok mavin and the co. the service is back. here in cyprus the word is hackers attacked the whole trading platform and all the brands were down. he he he. they found who to attack. in my opinion - the liquidity providers attacked the platform providers who are costing them so much money because of you mavin he he he
Service is not back yet as the platform provider is still having issues to deal after a hack attack aimed at disrupting the service. All the labels who operate on that SpotOption platform can only accommodate registration but no trading. It will come to resolution soon I assume.
The trades are being positioned only they don't yet show on portfolio although given the trade number. The above trade is like that. I can't yet see it on my portfolio and neither the sum have been deducted yet from my balance but since the number of the trade has been issued - it is a trade. I guess soon those things will be taken care of as well
The trades are being positioned only they don't yet show on portfolio although given the trade number. The above trade is like that. I can't yet see it on my portfolio and neither the sum have been deducted yet from my balance but since the number of the trade has been issued - it is a trade. I guess soon those things will be taken care of as well
I've been trying to middle the EUR/JPY trade as optionrally has it at 129.53. It won't let me as it tells me the option is temporarily unavailable to put in a "call" option, but it will let me put in a "put" option. Anyone else having this problem?
I've been trying to middle the EUR/JPY trade as optionrally has it at 129.53. It won't let me as it tells me the option is temporarily unavailable to put in a "call" option, but it will let me put in a "put" option. Anyone else having this problem?
I've been trying to middle the EUR/JPY trade as optionrally has it at 129.53. It won't let me as it tells me the option is temporarily unavailable to put in a "call" option, but it will let me put in a "put" option. Anyone else having this problem?
Ive lost out on a few big winning trades because the platform wont let me enter a trade...Its usually once it reaches the 15 minute mark before expiration. Super annoying
Quote Originally Posted by Lank66:
I've been trying to middle the EUR/JPY trade as optionrally has it at 129.53. It won't let me as it tells me the option is temporarily unavailable to put in a "call" option, but it will let me put in a "put" option. Anyone else having this problem?
Ive lost out on a few big winning trades because the platform wont let me enter a trade...Its usually once it reaches the 15 minute mark before expiration. Super annoying
Or...when the page refreshes at the top and bottom of each hour..it blocks you for awhile and sometimes defaults back to other markets losing whatever you had previously set up
Or...when the page refreshes at the top and bottom of each hour..it blocks you for awhile and sometimes defaults back to other markets losing whatever you had previously set up
Or...when the page refreshes at the top and bottom of each hour..it blocks you for awhile and sometimes defaults back to other markets losing whatever you had previously set up
I have missed two trades on the site logging you out but you dont know it until you try to place the trade-
lost a couple of trades at the end on the dow on the sell off- had a hedge but not for the full amount of the others- I wonder if the iphone logs you out also- have to check on that.
Quote Originally Posted by max-value:
Or...when the page refreshes at the top and bottom of each hour..it blocks you for awhile and sometimes defaults back to other markets losing whatever you had previously set up
I have missed two trades on the site logging you out but you dont know it until you try to place the trade-
lost a couple of trades at the end on the dow on the sell off- had a hedge but not for the full amount of the others- I wonder if the iphone logs you out also- have to check on that.
Losing two trades in a day and not winning a single one is not something I'm gonna treat lightly hiding under a great record of the recent weeks, great record of this week and the great record overall. I won't even justify it by a system off yesterday and the hunger to trade as well with a hectic busy day flying thousands of miles. I lost two trades and almost 4K and in order for it to be a rare occurrence - I have to get to the bottom of it because every single day begins with 0-0 and no one cares about yesterday's hero's in the financial world.
I am embracing those losses with love as they can be instrumental in reducing a losing rate even more than we did after an epic lapse at the end of the last month. So, annoyed by the platform off yesterday - I applied too much pressure in the first trade assuming that the trend of call with mid day USD falls on fridays will continue without actually leaving myself a room to secure the trading position knowing I'll be on a short flight. The conclusion is very clear for me here as I should never take a trading position if I'm not planning to stay in front of the monitor at the least one hour before the expiry time. That same thing is right about the second trading position although in that instance the trade was winning pretty close to the expiry time by what I checked with my acc manager who was begging me before to let him semi hedge it for me in case some conditions would be met while I was on board without ability to trade (on a long intl flights I'm usually flying business and have the whole internet kit - but today that was not a case) but I am not at the habit of not being in full control of my trades so I refused him.
Very simple conclusions on both trades - pass on the trade no matter how attractive if you're not able to be able to apply some corrections.
Losing two trades in a day and not winning a single one is not something I'm gonna treat lightly hiding under a great record of the recent weeks, great record of this week and the great record overall. I won't even justify it by a system off yesterday and the hunger to trade as well with a hectic busy day flying thousands of miles. I lost two trades and almost 4K and in order for it to be a rare occurrence - I have to get to the bottom of it because every single day begins with 0-0 and no one cares about yesterday's hero's in the financial world.
I am embracing those losses with love as they can be instrumental in reducing a losing rate even more than we did after an epic lapse at the end of the last month. So, annoyed by the platform off yesterday - I applied too much pressure in the first trade assuming that the trend of call with mid day USD falls on fridays will continue without actually leaving myself a room to secure the trading position knowing I'll be on a short flight. The conclusion is very clear for me here as I should never take a trading position if I'm not planning to stay in front of the monitor at the least one hour before the expiry time. That same thing is right about the second trading position although in that instance the trade was winning pretty close to the expiry time by what I checked with my acc manager who was begging me before to let him semi hedge it for me in case some conditions would be met while I was on board without ability to trade (on a long intl flights I'm usually flying business and have the whole internet kit - but today that was not a case) but I am not at the habit of not being in full control of my trades so I refused him.
Very simple conclusions on both trades - pass on the trade no matter how attractive if you're not able to be able to apply some corrections.
Now about the points stressed related with knowing the platform: all those occurrences you mentioned are part of an equation and should be learned at the hands on experience time. I am already familiar with all those and that comes from a platform provider and are a given fact I know how to deal with: how long before expiry the trade is closed (the warning about the trade closing in so many minutes and seconds is appearing on screen few minutes before it happens and you should be able to find and pay attention - you will soon see me showing it where I can and the place will be circled - it will happen on Monday only when the trading will resume because I need a live trade to show it). Same thing goes for refreshing the page and the trading position and changing the asset. You'll get so trained in it you won't even notice how you do it automatically.
Now about the points stressed related with knowing the platform: all those occurrences you mentioned are part of an equation and should be learned at the hands on experience time. I am already familiar with all those and that comes from a platform provider and are a given fact I know how to deal with: how long before expiry the trade is closed (the warning about the trade closing in so many minutes and seconds is appearing on screen few minutes before it happens and you should be able to find and pay attention - you will soon see me showing it where I can and the place will be circled - it will happen on Monday only when the trading will resume because I need a live trade to show it). Same thing goes for refreshing the page and the trading position and changing the asset. You'll get so trained in it you won't even notice how you do it automatically.
Hi Mavin, I am a former sports gambler who has moved to the stock market with some success. I''m interested in this binary option marketplace but I have a question that I think would be better asked privately. I'll send a friend request and then PM you if you accept. Thanks in Advance
Hi Mavin, I am a former sports gambler who has moved to the stock market with some success. I''m interested in this binary option marketplace but I have a question that I think would be better asked privately. I'll send a friend request and then PM you if you accept. Thanks in Advance
punch em-
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