How to Trade Binary Options with NADEX Step by Step Guide

"THE NADEX ERA"

Fast forward to 2012....
The past 3 years watched me stumble through many live futures accounts. Oh I shined a little here and there. At least I thought I was shining. Took several 2k and $1500 accounts to 7, 8, and 10k. Yes, I blew several 2k accounts. And Eventually, I was busted.
After many family and friends buying into my vision only to visualize departure from their investment.... Losses! It became difficult to find funding. So mostly I spent every day trading demo. Obsession was in full bloom. Reenter the cousin. He tells me I should check out Nadex. Says it cost a lot less to get started. Well, he was once again providing the capital so I did a little digging. Nadex is a binary options outfit. Yeah I know. But I didn't know then.
In we go with 1500 bucks. A few weeks later were up 200%. A few months later we've recouped the $8500. This of course thrilled his wife. I would go on to jump off a Facebook trading group and reel in over 100 paying members. Everything was sweet. The minimum capital to get in was $2500. My fee was 35% of profit. If they came in at 5k, I would reduce my fee to 25%.
MINDSET: I was still shooting for the moon. Returns averaged 20, 30% a week. Some weeks saw a 100% return. Stoploss are not part of Nadex binary options. So risk management wasn't a strong part of my trading. I focused mainly on buying in-the-money strikes. Purchase at 60 to 75, reward 25 to 40 bucks a contract. Looking back I can only say I was very lucky or very good. Or a bit of both.
This would all end with a shutdown order from the Texas Regulatory guys. I was placing all the investment capital sent to me via my bank account into one trading account. Pooling the funds. This is not allowed if one isn't licensed. I didn't have a series 3, 5, or anything. Truth is, I wasn't aware of any of that. The process tied up investor funds for a moment. It took more than 9 months to get things cleared up.
Anyways...I was done with Nadex. And binary options.
The Nadex era rewarded me with growth and familiarity of the markets. Specifically the YM. During this period I spent all my time analyzing and studying the dow jones. It became as a family member. I begin to recognize her facial expressions. Her mood swings. My ability to call the movement of the YM became superior to any trader I was viewed online. The numbers they were achieving seemed elementary too me. But these guys were trading futures not binary options.
It was time to go home.
The issue would be taking my Nadex approach back to futures. Like taking a knife to a gunfight.....
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Broker Feedback

Does anybody have any experience with Dukascopy? I have a solid binary options strategy that's been working on a demo account for 3 months now and I'm considering going live. I live in Quebec by the way. Or should I just pick a safer option like Nadex or Cantor?
submitted by Fighterboy89 to Forex [link] [comments]

Scam?

I just signed up for a demo account on Nadex binary options. I thought the whole point of it was to be right or wrong. Every time I choose something that will close above the given price and it does, I still lose. I don't get it. I've tried to watch YouTube videos about this,but none explain this stuff in depth. Can anyone help me understand this better or is it just a scam.
submitted by Jaoichkin to binaryoption [link] [comments]

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Binary Options With Nadex

Hello investors,
First time posting here and hoping it's the right forum. So I've been studying binary options and using the demo account on Nadex for a little over a week. I'm feeling fairly comfortable using the platform and making trades on forex (been profitable).
I am curious if you guys think it would be a good idea to throw in a few hundred dollars into a live account and start trading with real money. Hoping to make some positive gains to help supplement my income (even if it is just a little). I know you may think it's gambling and I'm okay with losing this money (it's "fun money"), just thought it may be a nice way to turn "fun money" into a side income. Does anyone have any experience with Nadex? Is it reputable? Can I make a side income through it?
submitted by FLtoCA to investing [link] [comments]

[Just Launched] Options Domination Binary Trading - [Amazing System] - True Risk Free Trades! [New for 2015]

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In our case study of the system we won 5 out of 7 of the trades and pocketed $250 in profit which is a 25% return on a small investment. We were very impressed with these results. At that time we could have elected to withdraw our original $1,000 and essentially be playing with the $250 “on the house”. CLICK HERE TO GET YOUR RISK FREE TRADES NOW!
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Nadex Binary Options- How to Close a Position Early - YouTube How to trade binary options in Nadex for profit step by ... Intro to knock-outs & binary options and the new Nadex platform - June 4 NADEX 5 Min Binary Options Trading Using Live Account To Compare Price Levels Closer Than You Think How To Make $75 an Hour Online 2020  Nadex binary options ... Nadex demo account & trading platform walkthrough Nadex Binary Options- 5 Minute Live Trading Nadex binary options 2019  How To Make $50 an Hour

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Nadex Binary Options- How to Close a Position Early - YouTube

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