Registered: Jan 2008
04-11-10 03:25 AM
Quote from stock piker:
Says the guy that doesn't have an account with IG/Nadex. Why do you insist on offering advice on topics* you know nothing about? *(see everything)
"rsikit" took a lot of time to post his review of nadex and you respond a month later asking if anyone has traded on nadex? r u fvking retarded? seriously? You should be thanking rsikit for his input rather than running your mouth like an imbecile.
rsikit --- thanks for the review. Much appreciated. I hadn't spent much time on nadex due to the commissions, but will give it another look. Also, BSZ is the ticker for the binary options on cboe.
Now, from another ET'er who happens to have a Nadex account. IG US and Nadex will be trading under the same account beginning this Sunday. So, if you already have an IG/Nadex account you will have access to all of the products under one username.
Thanks Stock Piker, I agree with you about increase now! I am still trading with Nadex and very satisfied, as for the commissiions its just something we deal with for now, but I always keep in mind the what I am getting out of the deal. I am not scalping , I am playin a daily option and picking a range, so if I choose to trade the euro and want to make 500 bucks, well if I chose to play the spot euro i need to make 50 pips on 10 minis or 1 standard, where as on the binaries I only need it to move 1 tick past my strike, and I tend to play strikes at the money. So its hard to compare the apples to oranges with commission, with all the different strategies you can set up with the daily binaries , the commissisons are not to bad. Its some people want to scalp and need to be doing something and do not have an open mind. It might not be for everyone, but there is pretty good merit here to make good money with limtied risk and only having to be right by a tick. Now the good thing is on April 1st they got there approval for other FCMS to carry Nadex exchange products. Like fcms already carry different exchange products like the cme cbot etc.. Nadex is an exchange so now they are in talks with a few fcms to carry thier products. What I like about IG carrying the nadex now is being able to trade spot and binaries in the same account, it will be nice to play with certain hedges or some covered calls, and even using the binary as a stop loss protection. So there are many ways to use binaries despite the commission, if you have any questions my friend, please PM me. Hope your having a good weekend, and let me know how it goes if ya give it a second look!