KenDavis KenDavis is offline

Member

About Me

  • About KenDavis
    Real Name
    Ken Davis
    Occupation
    Trader
    Country
    Canada
    Gender
    Male
    Interests
    trading
    Vendor (Optional)
    Broker
  • Trading Profile
    All the info about your trading skills, preferences and background.
    Trading Biography
    Hi everyone my name is Ken Davis, I grew up in Latvia and six years ago I immigrated to Pittsburgh, PA. I opened this site with the intention to share my experience in the Binary Options market. I have been trading various financial markets for 10 years; initially as a stock trader in my local country, until I made the shift to Currency trading, shortly after my immigration to the states.

    I had some good runs and bad ones over the years, especially in the currency market. My Eureka moment happened one evening when I was finally willing to accept that the success of my trades depends more on my psychological condition and less on the condition of the market – I started to seek other methods of trading; I needed a tool that can eliminate my behavioral faults down to a minimum. That was at the time Binary Options trading was starting to get big. I’ve been thankful since.
    Trading Experience
    More than 5 Years
    Trading Work Status
    Full-Time (Home/Office)
    Preferred Trading Style
    Day Trader
    Favorite Trading Tip
    Elimination of psychological pitfalls

    The savvy trader knows that the market is built in such way that will make him lose. With binaries you are less likely to fall into some of the market’s trap such as not committing to your stops – your risk is set, your reward is set, the time is set – and there are only two things left to decide:1) When to speculate2) The amount to risk once all other factors are taken away from the equation, your worries about closing a trade at a loss (how much pain will you endure?) or at a profit (how much profit is ever enough?) you are left with a simplified instrument for you to test your patience and your ability to anticipate momentum. The importance of momentum. One repetitive aspect in my trading is to trigger my trades on momentum; recognizing momentum is what gives me the initial edge. With Binary Option I only need the initial momentum in my favour, what comes beyond it is far from my ability to predict. I choose hourly options over end-of-day op

Statistics

Total Posts
General Information
  • Last Activity: Dec 27, 2011 9:22am
  • Join Date: Oct 26, 2010

Mentions

No results to display...

Quotes

No results to display...