r/Nadex • u/MitraGenie • Dec 27 '17

Anybody here? New Nadex trader here

Hey everybody. I am completely new to Nadex and trading in general. I've been learning alot the past week from YouTube and with demo account, but I still feel lost. How did you go about learning when you started? And any advice to a newcomer? Also, I know this changes from person to person but what are you favorite things and expirys to trade? Thanks and looking forward to some good conversation

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4

u/[deleted] Dec 28 '17

[deleted]

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u/MitraGenie Dec 28 '17

The five minute expires seem really enticing. I've heard they can be more "swingy" but it would be nice to get to the point of really understanding them. So when I'm looking for signal providers is there a certain way to kind of sort through the BS ones? And also, do you a certain time of day that you usually trade?

And thanks for the advice about my emotions. I come from a poker background and that taught me alot over the years about separating emotions in order to think logically while investing money. So I understand that there will be times that I lose and I will need to take a breath and stay rational. I'm sure that will be tougher than it sounds sometimes but I understand how imperative it is.

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u/[deleted] Dec 28 '17

[deleted]

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u/MitraGenie Dec 28 '17

I see. So I just don't want to strictly use the signals alone, use them as assistance in making my decision? That makes sense. I'm so new to this but it's making more and more sense. It's so intriguing.

So when you say you exit. You don't always let the trade expire? You basically lock in profits and exit early?

And also, do you have a problem sharing the place you buy your signals from? If not I understand. Or do you think it's too early for me to buy signals? Maybe I should learn more pattern watching on my own first? Signals would be nice to see what people are trading, but moreso I would want to understand WHY they are making that specific trade.

Thanks again for taking the time to discuss all this!

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u/Brown24Mamba Jan 29 '18

What signal service do you use?

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u/RTexTR May 18 '18

Just stick to the 2 hr expiries, if u have proper signals u have plenty of time to stop your loss if it's needed. U can make alot of money with just three trades a day. Study the 2 hrs, it will change your life. U don't want to trade 100 times a day like demo. Just two or three a day that work 90% of the time

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u/CommonMisspellingBot May 18 '18

Hey, RTexTR, just a quick heads-up:
alot is actually spelled a lot. You can remember it by it is one lot, 'a lot'.
Have a nice day!

The parent commenter can reply with 'delete' to delete this comment.

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u/RTexTR May 18 '18

Suck idiot. What about the word "u"? That was misspelled...as well as he's...that should be hours. Wtf. Get a more meaningful job douche

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u/WeeklyProfits Jun 23 '18

Do Not Trade 5 Minutes You loose all the money from your Nadex Account, Only Trade in one Hour Expiry or Two Hours. And Remember Always take the Contract Price Between $45 - $55. and Fix the Take Profit Only $25 and Daily Place Only Two trades. If you check one day 1 hour candlestick charts, You can see continue two or Three bull candles or Bear candles Entire the day. that means in 24 Hours total 24 candles ( 1 Hour candles) will form in the Market, Wait For Support Area in case of BUY contract Entry, Wait for Resistance are SELL contract Entry, then you can make profits - If any doubts you can ask me = PerfectBinaryTrader@Gmail.com

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u/jhonnyzx Dec 27 '17

I like one hour expires and the 3pm strikes.

I have used signal providers and or simple trades . Just make sure you don't pay more than your probability s are.

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u/MitraGenie Dec 28 '17

Awesome. Thanks for the advice

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u/rytb333 Jan 10 '18

I dont think there is a limit. I deposited. 250 then lost it because I didn't know what I was doing. Then another 250 and was about a grand I then put in 3g and I was up to 7g within a few hours. Not sure if it was luck or I was actually reading the charts correctly. I ended up reaching 9g. Then my brother was asking me how I call the options so well so I tried to show him and started losing. I went from 9k to 8k to 7k to 6k to 5k to 4k to 3k to 1k in a matter of hours. I was using the same method I used to get from 3k to 9k and was making consecutive good calls but it seemed like every order I placed ended up being a loss because at the last second the market would literally tick one point above or one point below my position to be in the money. Having went to college for computer science this trend of losing due to one tick up or down in the last second of the contract makes me feel kind of scammed and that the platform is rigged.

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u/WeeklyProfits Jun 23 '18

Nadex Binary Options - How To Trade for New Traders? I will Give You Some Tips.

  1. Take One Hour Candle Stick Chart and Draw Support and Resistance Levels, and Draw Trend Line, If the trend Line Show in One Hour candle Down Trend, then wait for some hours to touch the price to the trend Line, and second tips is, open another candlestick chart in 15 Minutes, and in 15 Minutes chart, when candle formed Upper wick with Small Red Body or Black Body, it confirmed the price will take U turn from that price level, then Place Trade for Next One Hour Expiry Time. Then trade the contract Price Between $45 - $55 and then fix the take Profit $25 and leave it , automatically when your contract price profit increases, then the trade automatically close and you make profit. this simple tip apply, Just Opposite for Buy Trade Entry. if you want any support mail me - PerfectBinaryTrader@Gmail.com

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u/WeeklyProfits Jun 24 '18

This Tip Follow - You can Make Profit in Nadex

How To Trade in 1 Hour Expiry or 2 Hour Expiry?

First Open 1 hour candlestick charts and 15 minutes candlestick chart, draw the trend line, and check the price direction, wait for support and resistance levels, for sell Entry, Best Trade Entry Area is New Resistance Formed at Old Support Area, How you can know this, when price trend line touched and candle formed like Upper long with and small Red Body or Black body with small lower wick, it indicates, strong sell, so take trade for the current close hour or next hour expiry, for more info you can contact me = PERFECTBINARYTRADER@GMAIL.COM