nadex trading log of philip

nadextrader

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I will post the trading journal on nadex for every trading day here. nadex is new to most traders as it is little complex compared with other binary option platforms. to make money on nadex, you need a system which produces high win rate signals.the most important thing is trading psychology and money management; you need consider trading binary as a math game to make money in long run consistently.
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my strategy is use the support and resistance level to trade ITM; as the time decay, the value of option in your flavor by following the trend. take the high probability chance; will post everyday trades later.
 
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Contract: USD/JPY >110.57 (11:00AM)
Contract Type: Binary Option
Expiration: Mon Dec 24 11:00:00 EST 2018
Direction: SELL
Quantity: 40
Price: 24.25
 
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closed the trades before expiry

although the price go down again after i closed, never regret close it before expiry. the long shadow of upward candlestick can turn a profitable trade into a losing one in seconds. stick to the rule
 
Nadex closed forr Christmas holiday, do some trades on binary.com, short all trades
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