Hey, how are you, i am also into binary options for 4 years now, i trade both forex and binary. i have a clean record of 85 trades, 3 losses in 1 month, i trade with vantage fx, use 5m chart, and 30 expiry, i use R/S as my strategy, simple, and avoid to trade the middle of the chart.
I only make Money from Binary options I struggle with spot trading as my account size is small, through emotion (Greed, Desperation) I have kept blowing my account but now turning it into a business Im in profit and have a withdrawal plan of a weekly target once met I withdraw, which I start properly in Jan,
my strat is PA using S&R as well as trend lines and the TF I trade are 30min - 1hr Expiry
the most I have done is turn £100 into £1500 but as Greed or desperation goes I keep blowing the account, LOL
all will change now in New Years,
would be good to exchange strats and Ideas on how to preform better at this,
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I had small experience years ago with BO offered by GFT (before to be bought from Gain) on GBP/JPY binary with expiration of 1Min. I used to monitor 1M chart GBP/JPY and was traded 1M binary option, but they stopped 1M expiration. I believe BO would be easily manipulated from the broker side especially if the broker says - it is synthetic product.
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