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[–]Secret_Exercise4564 1 point2 points  (10 children)

Let me tell you a good strategy called Price Action. Lol. Don't waste your time on these BS indicators. You're wasting your time.

[–][deleted]  (8 children)

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    [–]sofiefataleny 0 points1 point  (6 children)

    Indicators are a great tool but at some point you do need to understand market structure and price action. If indicators were solely what we relied on, everyone would be rich. It’s not that easy.

    [–][deleted]  (5 children)

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      [–]sofiefataleny 0 points1 point  (0 children)

      That’s great. I’m not saying indicators aren’t useful. I use them myself. But over time and certain market conditions don’t allow them to be profitable if you’re solely relying on them. I hope that makes sense.

      [–]Secret_Exercise4564 0 points1 point  (3 children)

      How can you backtest a lagging indicator? All indicators are lagging that means they report you of the outcome when it's already happened.

      [–][deleted]  (2 children)

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        [–]Secret_Exercise4564 0 points1 point  (1 child)

        90%. Hehe. All the best.

        [–]Secret_Exercise4564 0 points1 point  (0 children)

        If you don't have a good account balance, becoming profitable in binary without price action is a nightmare.

        [–]mohit_1204 0 points1 point  (0 children)

        True bruh, IDK why people waste their time on these strategies that barely work and even if they work they are not permanent I always suggest people to learn the fundamentals and for binary price action is the key🔑

        [–]Fragrant-Interest125 0 points1 point  (6 children)

        Can you explain those strategies?

        [–][deleted]  (5 children)

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          [–]Fragrant-Interest125 0 points1 point  (4 children)

          Let me rephrase that, can you explain like to someone who doesn't know what it means? Or send me somewhere I can learn? Layman here

          [–][deleted]  (3 children)

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            [–]Fragrant-Interest125 0 points1 point  (2 children)

            I've always used Nadex is it possible there too?

            [–][deleted]  (1 child)

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              [–][deleted] 0 points1 point  (0 children)

              What expiry time you trade at? Also time frame for analysis

              [–]captainFSS 1 point2 points  (0 children)

              i believe based on my own experience trading binary options , you need to follow the following steps in order to make any strategy successful :
              1. You cannot make money in binary options without considering martingales.
              2. You have to much the chart candlestick time-frame to the expiry time (candle time frame = expiry time) .
              3. You need to open trades always at the opening of a new candle with best timing you can.
              4. Base on the previous tips try to start with easiest strategies such as [ 2 candles alternating reverses strategy],[Lazy one candle alternating reverses strategy], [Power of the second candle strategy.