+$6012 Profit on Nadex trading

Discussion in 'Journals' started by Nadexsniper, Oct 21, 2023.

  1. So you trade based on your assumptions and imagination?
     
    #11     Oct 21, 2023
  2. SteveH

    SteveH

    The bid/ask spreads are horrific. They haven't improved one iota since Nadex started. And you'll notice that in the last minute of trading, you can be on the winning side of the trade but can't get out because the bid/ask gets dropped out so you can even lose on a pre-expiry exit from a winning position.

    If you don't have a 75%+ avg winning pct, it's a killing field.

    Trading the e-minis is a walk in the park compared to binary options.
     
    #12     Oct 21, 2023
  3. maxinger

    maxinger

    He is doing demo trading.

    So he is not affected by the horrific bid offer spread.
     
    #13     Oct 21, 2023
    TrailerParkTed and MarkBrown like this.
  4. #14     Oct 21, 2023
  5. 75% is not a must. you can lose money even you win 95% trades. just like another guy said he made 30 times in a hour and lost more later. psychology plays more important role.
    the spread is set by market makers and other traders on Nadex. Nadex only make money on commission.
     
    #15     Oct 21, 2023
  6. ph1l

    ph1l

    Here is how it works (or doesn't work:p).

    And, aren't vendors supposed to pay for advertising?
    https://www.elitetrader.com/et/help/terms
     
    #16     Oct 21, 2023
    EdgeHunter and BKR88 like this.
  7. #17     Oct 21, 2023
  8. destriero

    destriero


    Demo trading.

    You sound like you have a traumatic brain injury.
     
    #18     Oct 21, 2023
  9. BKR88

    BKR88

    Nadex ... Note that pursuant to the Nadex Membership Agreement, “You may not give control over Your account to any other person or entity and You may not control the account of any other Member."

    You ... We now provide the Nadex managed account service for Nadex investors.
    • Fund is in your own nadex account, you do deposit and withdraw; we only do the trading work.
    Clear violation of Nadex agreement.
     
    #19     Oct 21, 2023
    MarkBrown likes this.
  10. R1234

    R1234

    I satisfy my gambling urges with CME event contracts. Exchange traded and transparent.
     
    #20     Oct 21, 2023
    Nadexsniper likes this.