An exclusive binary options 'trader' here

Hi there, this is my first post. I noticed there is not many fans of binaries at babypips lol. I discovered the trading world with binaries and dicided to STICK at it. I am practicing binary options since 2013 and tested tons of methods. I jumped from indicators to indicators, from indicators to Price action, from Price action to indicators again, lol all possible combinations.

At the end of the day I’ve found that ‘traders’ tend to ignore what matter the most in the market: VOLATILITY.

No matter how effective your method is, if you ignore market volatility you won’t make it. Trend trading strategies will work at time of high volatility and range trading will be effective during low volatility time.

Try to trend trade the EURUSD during Asian session for example you will lose your money. Try to range trade during UK open and you will also lose your money.
You must know what your system is about: a range trading method or a trend trading approach.

So my methods:
1-Trend trading during time of expected great volatility: UK,US,FRANCFURT SESSION OPENS and after high impact news release
2-Range trading during late US to Tokyo open.

I tremendously reduced my screen time once I start using volatility and time filter. So it’s really boring not to trade most of the time of the day(I really want to trade non stop :49: ). I decided to screen record my trades to fill the gap by editing and publishing after.
Then I realised that by editing the videos I am also reviewing my entries :smiley: , seeing where I could have done better etc. That’s great. I recommend such recording.

So I am about to lunch a trading journal to share the jouney. Don’t know if I’ve to post it at ‘Binary options and futures’ or ‘trading journals’ package.

Alm

Hi and welcome!