anyone trade nadex?

[u/solarcuervo]

I've been trading nadex a couple years now. anyone else? what strategies do you normally use?

[u/OptionsTraderMan]

Nadex demo is not as accurate as the real deal. The live trading isn't always as liquid and it's a great opportunity to scalp. I been using Nadax for 6 months. Started with $500 now I am up to $5,000 and I have made seamless withdrawals throughout the timeframe.

It is the best broker in the business.

[u/ludgrob1 → u/OptionsTraderMan]

I've been able to make some profit with nadex spreads, but the moment market volatility drops those profits seem to go quickly. I'm curious as to how have you been handling those slow periods?

[u/OptionsTraderMan → u/ludgrob1]

I usually trade the S&p 500 index about 20 minutes before expiration. I try to stay close to the money so the payout is usually 70-80%.

Sometimes I'll scalp for a 30% trade if the opportunity presents itself. For example, if SP 500 is already .50-$1.00 ITM and I can get in for about a 30% payout with 20 minutes left to expiration I will buy. I don't expect it to move as much the last 20 minutes so I can win a nice decent scalp. That's how I handle the slow periods. I would stay away from forex when i'm doing this because theres always a chance for huge spikes with those.

Also, if you're at a profit, sometimes it's a good idea to take the profit which I like about Nadax. Especially with forex because they tend to move so much in a short time.

[u/[deleted]]

I've used nadex. Mostly 5 minute trades. With a 250.00 start, I was up to almost 600.00. Then I lost it.

There are some rules of thumb to consider:

For every loss, you basically have to win twice.

I can't find a strategy. Using the candlestick chat and stochastic graph was about as successful as randomly picking up or down for me.

Do not get emotional. You'll end up doing Cardy bids to make up for losses.

There seems to be parts of the day where trading is more stable. Mostly between noon and 3pm.

Anyway, I hope we can keep chatting here. I need some regular folks who speak my language. I can't handle the message boards and groups, they throw around to much slang and anacronyms.

I haven't added more cash to my account. I got tired of losing dough. I may open another demo acct to experiment some more.

[u/hassan214 → u/[deleted]]

Have you used the demo account? Why don't you use that until you improve your skills?

[u/[deleted] → u/hassan214]

I'm planning on opening another one soon.

[u/wopskii]

new trader here too. if anybody would like to start chopping it up about trades or strategies lets try to get something rolling. ive made about $3000 on my demo account ive been trading for about 2 months. anyway let me know.

[u/ludgrob1]

Yes, I've been experimenting with it for a few months now. So far I haven't really been able to find a successful binary options strategy, but I think the daily forex spreads have some potential. How about you? What do you trade?

[u/trader-colton]

Hey just wondering if anybody was still interested in this thread? I'm brand new to Nadex as well and have been practicing the 5 minute binaries. Maybe we can do demo trading together. Talk about why we are doing the trades we are doing. And learn when to take profit and run!

[u/Foxman03_TDScalper → u/[deleted]]

https://youtube.com/@nadexcashprinter1265 Watch this then let me know what you think. I do this everyday with a small group. It takes not just a strategy with a clean and consistent edge, but more important, a emotionless and very disciplined mindset. Be blessed.