Recent content by dbrawner

Thanks David, As you probably realized I am nearer to ultra conservative in my approaches and expectations. Your responses have been welcomed and I shall take them into consideration as I decide whether to expand my portfolio into binaries. Also, thanks for keeping it real, as many of these...

Totally agree with the response on Martingale strategies, all losing props from the start. But even a consistent 58% winning strategy will likely only provide a nominal to modest return on investment with the risk/reward presented by even the most generous binary platform I've investigated...

This is what I'm talking about... The aggregious negative expectancy $300 loss for a $90 gain requires greater than a 3:1 win/loss ratio over time just to break even. How can anyone's account stand that kind of pressure over the long haul? Is anyone consistently earning a respectable net...

Hello folks, I've posted this question in a few of the other threads so I hope I'm not considered a spammer. It's just that I don't see my concern addressed anywhere in the forum. I'm a full time trader in stocks, futures, fx, and options; but I'm a newbie to these binaries. What has me...

Michael, You seem to be well versed in the Binary world. Maybe you can answer a nagging question I have regarding the overall odds of Binary Options. Broker regulation and reputations aside... What I see are max losses (85-100% of bet) and max wins (typical seems to be 70% of bet) adding up...

OK, i'm a newbie to binary options though have reasonable success in futures, fx, and regular options trading. Binaries sounded like a good deal until I looked at the ratios. So I'd like someone with experience (and long term success) to help me out. It seems the risk (85% to 100% of your...

Ok, I hear your frustration... Also been there, done that, and got the T shirt (maybe several of them). Perhaps it will help to remember that ALL indicators (well 99.9%) are a reflection of past prices (or past something). This includes the venerable SR lines. What makes indicators work is...

I'm tempted to weigh in here with my two cents worth... (Sorry it's so lengthy) I have to say first that the basic assumption of volume and price was backwards as there can be no volume traded until there is a transaction and thus a price agreement, which of course establishes the price (at...

Viper, I use the maximum my account and broker allow. However, I set my position size relative to the stop value for the day and never risk more than 5% (most days 3%) of my account equity per position. As you might correctly guess that means I risk approximately what I intend to make each...

Orange, Keep learning, it's the only path to lasting success. I've mentioned in other posts that I set my targets (both profit and risk) based on the near term market range (ATR 5 or 7 usually). I also only look at bars within my trading period (mostly 9 -12 EST). I find that any other bars...

Not bad advice as long as you enter with a limit or stop order to ensure the price has confirmed your assumption of a rebound versus a potential breakout. I've been known to straddle the trend line with an OCO and catch whichever reaction occurs. I'm lazy and don't always stay glued to the...

Welcome to the trading community Ton, If I might chime in regarding your observations. It's not that we abandon indicators, it's more that we come to recognize the pros and cons of them and learn when they might be useful and when they might be a siren's song. Most indicators are driven by...

My success is partly due to the fact that I do not trade every day. I have a weekly target and when I reach that I'm done for the week. Sometimes it takes all week, most times just a few days. Also, I set my targets based on the market ranges so they are entirely achievable on most days. My...

My point was that professional traders (and consistently winning non-pro traders) do not trade emotionally, nor do they trade like the majority of players in the market. Numbertea, you see the fear and greed in the price action. This is definitely not what the average player sees nor how...

http://www.trade2win.com/boards/images/smilies/icon_cheesygrin.gif Thanks Dash... Yes it's been some time since I joined and I've been trading and traveling extensively ever since. As I hope my life is settling down a bit, I'll likely visit the forum more often and if the mood strikes, I'll...