Beta Testing the New Nadex Trading Platform

Discussion in 'Journals' started by expiated, Oct 8, 2020.

  1. Onra

    Onra

    Sorry, but it looks like you use every excuse in the book not to open a live account and trade the bloody thing!
    Something I do recognize in myself :rolleyes:; postponing the challenge and endlessly "researching" other platforms, derivatives and more markets...
     
    #21     Oct 20, 2020
  2. expiated

    expiated

    Sorry, but I am trading a live OANDA Forex account right now...

    ScreenHunter_8844 Oct. 20 02.47.jpg

    ...and as soon as NADEX reactivates my account, if and when they do, I will be trading that account as well. I mailed the paperwork in last week and will be getting in touch with them near the end of this week if they do not contact me first to let me know they have reinstated my account. Perhaps you postpone challenges endlessly "researching" other platforms, derivatives and more markets, but I am not you.

    It was only yesterday that I typed how I have finally completed the development and optimization of Numerical Price Prediction...

    So then, how is trading my OANDA live account as of August this year and my NADEX live account via their new beta platform as soon as they reactivate my account postponing anything?

    Nadex's old platform sucked rocks. However, their beta platform does not, but they recently suspended my account due to inactivity, so I have to go through the hassle of reactivating it. I traded with NADEX from around November of 2011 to June of 2014, so the notion that I do not trade live accounts is groundless. Before that, I traded stocks via E*Trade, from 2008 to 2011.

    The reason for researching more markets is because, if I can make more money via NADEX (assuming they reactivate my account) trading other instruments in addition to Forex derivatives, then why on earth would I want to limit myself to ONLY trading Forex derivatives?

    I even opened a new Ally Forex account yesterday so I could link it to TradingDot.com and possibly attract a few followers as they witnessed its phenomenal growth, but it turned out that Ally Forex is hopeless when it comes to customer service (in my opinion) so it looks like this is not going to work out. (I already bank with Ally, which I was hoping would facilitate the process.)

    Endless postponements might characterize who you are, but I am already trading via OANDA, which I just so happened to enhance only a few hours ago by adding an automated alert signal created in accordance with my specifications by a coder I hired in Egypt through Upwork. Perhaps you procrastinate, but I am just getting started. OANDA first, NADEX next. Why now? As already stated, NPP was not fully developed and optimized until the end of last week.

    I am raring to go, my good man, and that is exactly what I am doing!
     
    Last edited: Oct 20, 2020
    #22     Oct 20, 2020
    Onra likes this.
  3. expiated

    expiated

    P.S. I only opened the NADEX demo account to test the new beta platform on October 8, 2020. That wasn't even a full two weeks ago—hardly an eternity.
     
    #23     Oct 20, 2020
  4. expiated

    expiated

    It looks like the platform to which TC2000 gave me access (without charge) might be on a 15-minute delay. But, since the key measures associated with "Baseline Bonanza" are the twenty- and forty-minute moving averages, I think I might be able to make do.

    As I recall, when I was trading NADEX sometime around 2012, the best time to "clean up" was when the equity market would make its violent turns during the first hour of trading, except that unfortunately I would often get it wrong. Assuming stocks still evidence the same type of price action, I will be watching to see if how I now apply baselines will enable me to always (or almost always) get it right.

    NOTE TO SELF: When it comes to NASDAQ, the closest thing I can find on the TC2000 charts to what I'm looking at on the NADEX charts is NDX--X, the Nasdaq 100 Index.

    For the DOW, I figured it would be DJ-30, but when I typed it in, I wasn't allowed to view it. So, it looks like I will have to again try to find the closest match.

    UPDATE: No, this isn't going to work. I think I'll try using the charts at Investing.com.

    Yes, this should work much better.
     
    Last edited: Oct 20, 2020
    #24     Oct 20, 2020
  5. expiated

    expiated

    At this point, it looks like I can apply the Baseline Bonanza strategy to the stock market indices in the same way I applied it to the foreign currency pairs except that I don't think the core price-range envelope overlap technique is transferable.

    When it comes to the indexes, the two longer-term price ranges look way too slow, so it's only the lowest one that I'm going to be keeping on the index charts.

    NOTE TO SELF: Judging by Investing.com, NASDAQ is IXIC, which is COMPQX (Nasdaq Composite Index) in TC2000.
     
    Last edited: Oct 20, 2020
    #25     Oct 20, 2020
  6. expiated

    expiated

    Ally Forex finally got back to me and let me know what I needed to do to connect to the server, so now I need to contact TradingDot.com to find out how to link my new Ally Forex account with their system, if possible.
     
    #26     Oct 20, 2020
  7. expiated

    expiated

    I just linked my new Ally Forex trading account to TradingDot.com and am now awaiting administration's approval. However, I'm afraid that the fact I withdrew my initial balance last night and then refunded it this afternoon might do something weird to the performance record. (No, I just viewed it via my Account History and it looks normal.)

    NOTE: Very strange... When I click on Ally's MT4 Tools > New Order menu item to trade GBPUSD, the order ticket for AUDCAD pops up. And when I subsequently search for GBPUSD by going through the entire list of currency pairs manually—it's not even there!.:confused:
     
    Last edited: Oct 20, 2020
    #27     Oct 20, 2020
  8. expiated

    expiated

    ENTERING ABOVE OR BELOW THE OPEN

    The Numerical Price Prediction forecast models have become more-or-less crystallized in my mind—probably much more than less—and as a result, I see a picture of potentially massive gains realized by entering long positions as rates climb up from the basement after dropping below the open during day-to-day uptrends, or entering short positions as rates crawl down from the attic after rising above the open during day-to-day downtrends.

    I'd like to start testing the validity of this visualization by purchasing out-of-the-money Nadex binary options with a twelve to twenty-four hour horizon based on a chart setup I just now organized for this purpose. I'm going, "What can I call this thing to categorize and label it clearly for myself?" and just now settled on Polar Opposite Positions.
     
    #28     Oct 23, 2020
  9. expiated

    expiated

    This allows far too much time for market conditions to totally change. Use a four-hour time horizon instead.
     
    #29     Oct 23, 2020
  10. expiated

    expiated

    In constructing charts based on the above visualizations, aside from the day-to-day trend, the six-hour trend has just emerged as yet another potentially profit-generating scanner of market activity. I have also learned to focus on the twenty-minute baseline much more than the forty. Other time frames (thirty, sixty, two hour and four hour) have pretty much faded (or receded) into the background.

    I normally say that my system is primarily based on trend and typical price range. But really, at a more basic level, it's simply about the math. There are certain numbers that "add up" correctly, and once you see the right "sums," you simply go for it.

    LATER CONSIDERATIONS: I'm wondering what to make of of the six-hour moving average, because it seems to track the day-to-day trend. However, I already have a day-to-day baseline which I deem to be 100% valid. So, I think I'm going to conceptualize the six-hour baseline as day-to-day fluctuations.
     
    Last edited: Oct 23, 2020
    #30     Oct 23, 2020