Forums - Binary options...better than 50/50 chance ?

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Main ›› Options ›› Binary options...better than 50/50 chance ?

Page 3 of 12: 1 2 3 4 5 6 7 8 9 10 11 12

rfriend73

Registered: Apr 2012
Posts: 79

10-31-12 11:09 PM

Quote from BrakSir:

Piker's territory.

Thanks for your insightful comment and contribution to this discussion.

Edit/Delete • Quote • Complain

rfriend73

Registered: Apr 2012
Posts: 79

10-31-12 11:12 PM

Quote from sle:

Never looked at these and I thought initially that these are one-touches that trade (that is, if gold touches 2000, you get a $100), not digital options (that is, gold has to be above 2000 at expiration). In the digital case, I can't see ANY advantage over vanilla option spreads, the payoff is identical.

Agreed on the vanilla options comparison for Nadex...the "other" non US exchanges offer to
the touch option or 60 second directional play which is far more a game of chance and luck.

Edit/Delete • Quote • Complain

rfriend73

Registered: Apr 2012
Posts: 79

10-31-12 11:13 PM

Quote from cygnetnoir:

I took a look at binary options at Nadex after you mentioned them in the original TST thread.

I would be trading them except for one thing - you can only bet one way. Take crude, for example: You can bet crude will settle >85, >86,>87, etc. and so on. You cannot buy a binary that lets you bet crude will settle <85, <84,<83, etc.

Perhaps NADEX wants you to make those bets as a seller of the premium, but I did not look into that possibility during the duration of the two week demo.

As an aside (though an important one) two weeks is very little time for them to allow one to get aquainted with their platform and products.

Yes, I opened a demo account and am not impressed with the selection of instruments and the platform itself. Seems to be an interesting premise but poor execution.

Edit/Delete • Quote • Complain

trader198

Registered: Mar 2010
Posts: 1217

11-01-12 12:04 AM

read the stuff. but not a good stuff. too academic.

stupid people make simple things complicated, smart guys make complicated things simple

made some on this kind of option? any good strtaegety?

Quote from cdcaveman:

definitly read this..

http://en.wikipedia.org/wiki/Binary_option

knock out options.. pay out on touch of strike... read that then ask question

Edit/Delete • Quote • Complain

sle

Registered: Apr 2003
Posts: 1609

11-01-12 01:27 AM

Quote from marketsurfer:

WIth Nadex, you can sell or "exercise" your option at any time-- unlike the cyprus dealers-- basically, it can be traded like anything else whereas with the dealers one needs to hold until expiration. This is a huge advantage. surf

I could not find anything referring to being able to "exercise" at any time (e.g. collect 100% once you actually touch or pass the level), i did see that you are able to sell the option for whatever Nandex think it's worth (a worthless feature in my mind).

Edit/Delete • Quote • Complain

cdcaveman

Registered: Aug 2011
Posts: 3514

11-01-12 03:36 AM

all this gives me the impression that these are customized products that your proprietorially involved with just one dealer with..... what you can't market your deal to others?

Edit/Delete • Quote • Complain

Page 3 of 12: 1 2 3 4 5 6 7 8 9 10 11 12

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider