How to win at nadex is a good question I get asked very often by social traders from around the world. The answer is not easy which is why I started a new YouTube channel in conjunction with BinaryOptionsThatSuck.com and Communitraders called How To Win At NADEX so be sure to subscribe. On it you will find series on NADEX education and trading examples where I go in depth into what you need to know to be successful.
Here’s a look at the first video, The Geek’s Tour Of NADEX. In it I give a quick look at the platform, how it functions and how to get the layout set up the way you like it. In future videos I show how to set up your account for 1 click trading, how to make basic trades, how to make trades that don’t rely on market movement and much, much more. If you want to win at NADEX they will be a big help because I’ve already made the mistakes, so you don’t have to.
Don’t forget to like the videos, make comments and subscribe to the channel. If there is every something you need help with or just want to see let me know, I’ll make a custom video for the benefit of the social trading community.
Binary options video courses can be a very important part of your social trading education. It is well known that a combination of visual, written and auditory education can enhance retention and comprehension which makes videos one of the top tools for learning. It is no wonder so many brokers and services offer them as part of their education programs either. They are attractive and provide a lot of information in a short span. The problem with most of them is that they do little more than scratch the surface of what there is to know about trading and if they do they come with ridiculous fees or high minimum deposit requirements. Some brokers go the distance and provide useful information but in the end they are all the same. They want you to know just enough to get started but not enough to trade successfully.
In Depth Binary Options Videos
There are a set of courses offered by Investoo.com that stand head&shoulders above the rest. These courses provide a complete trader education suitable for forex and binary options social traders. These courses range from introductory lessons on technical analysis, charting, market mechanics, trader psychology and risk management through more advanced lessons on candlesticks, strategies and trading systems.
Binary Options Video Courses And Indicators
I know what you are thinking, this sounds just like what you might find at any broker but not so, Investoo is a complete binary options how to guide. At best a broker may have a few dozen videos of a few minutes each. Investoo’s library hosts hundreds of videos with hours and hours of lessons geared to get traders trading successfully . . . and the tools and support to ensure long term success.
There are two categories of courses. The basic free courses and an upgrade to more advanced courses. The basic courses blow away anything you will be able to find on any broker, anywhere, and all it takes is a simple registration to get them. I know, I review broker education materials for several websites and have seen them all. Most times you will find a few dozen videos at best, each is never more than a minute or two long and all barely scratching the surface of the topic involved. Not so here. Investoo has been building a massive library of materials for forex and binary options traders, and bridging the gaps between the two, and they haven’t skimped on the info.
To get an idea of what I mean think about this. The basic binary options course has 30 videos. Each video averages 20 minutes in length, the amount of time spent on most sitcoms minus commercials, with the longest running well over 30 minutes. Just look at the screen shot below.
Each video covers its topic in depth and no topic is left untouched. There are a total of 10 courses and over 300 videos included. Courses include basic and advanced forex trading, binary options, technical analysis, strategies, news and even how to use MT4 which alone is worth your time. MT4 is easy, but only if you know what you are doing.
More Than Just Videos – Tools, Indicators And Signals
Close to half the courses are free and you can get the rest for a $100 upgrade. The upgrade fee is a steal considering what you get, which includes several indicator systems specially designed for MT4 users. They are all built on well known and respected indicators and come with live support through a couple of auto/copy trading platforms. The indicator systems are MACD (83% win rate), PSAR (75%) and their proprietary Binary Options Indicator based on my favorite, stochastic. It has a posted win rate of 83% but be warned, just like they do on the website, results are hard to come by and not easily repeated. These are tools for trading, not holy grails, it will take some dedication and education to make them work right and that is what Investoo is all about. If you are ready to super charge your returns the time to join Investoo is now.
UPDATE – TraderAgency has unfortunately been forced to shut down. You can continue to find me here and on Communitraders with the rest of the coaches.
TraderAgency is a new website with headquarters located at 6252 Commercial Way #138, Spring Hill, Florida 34613. It is aimed at forex and binary options signals trading, but with a couple of interesting twists. The platform is the brainchild of Dillon Krieder, long time trader and accomplished eBusinessman. He has combined his years of experience with trading and marketing to produce a platform for social and copy trading that provides an avenue for traders and signal service providers to make money. The platform enables members to benefit in three ways; you can copy/signal trade with the pros, you can post your personalized links to attract new members or you can market your skills and services to other traders on the network.
TraderAgency is now in pre-launch, sign up is free for a limited time only, act now!
What Is TraderAgency
Coaching/Mentoring is one of the best methods of learning and is what TraderAgency is based on. As a social trader I am always listening to the advice of those with more experience, or passing on experience of my own, so the idea of mentors for trading comes as no surprise. I have even had my own coaches in the past, more than one in fact, and all have helped me get to where I am now. The hard part for most of us is finding one, and when you find one knowing if they are for real or full of BS. Forums are a great place to find advice but have one major drawback, they aren’t live so it’s hard to get real time advice. This is where TraderAgency steps in. An experienced professional with the goals of training and improving up and coming traders is an invaluable resource for new traders and that is what TA provides.
The main feature is the Training Center and Digital Library. It contains a full line of digital media aids for binary traders including ebooks, videos and full courses for beginner, intermediate and advanced traders. This feature costs $29 per month as a stand alone product, a real deal when considering it takes at least a minimum deposit to gain access to similar tools at a broker.
The Binary Options Trade Room is the flagship product. It is a live trading room where you can watch pros as they trade. Each pro gives detailed instructions into the technique and strategies used. Members can copy the trades and learn from them in real time. Pro traders have been recruited from the web’s top trading communities including Babypips and Communitraders. The session will be open 3-5 hours a day, 5 days a week, during peak market hours. This feature costs $99 per month and includes full access to the digital library and video courses. The live trading sessions are also recorded so you can review at any time.
One-on-One coaching is more expensive, $200 per hour, but is even more helpful for those trying to get a head start on trading. Members can choose from the top traders for one hour sessions on topics of their choice. These can include, but are not limited to, introduction to technical analysis, how to set up a trades, strategy development, risk management and many others.
TraderAgency Is More Than Binary Options Signals
The TraderAgency is more than a signal or copy trading platform. The agency is also a means for traders to market themselves and their products, including the agency itself. All members are automatically enrolled in the affiliate network which means all you have to do is post your link or sign up a few of your friends and fellow traders. In no time at all you’ll be able to make back your initial investment from joining the agency, and possibly earning a little extra to boot.
More advanced marketers and/or those with their own blogs, websites or social media networks may can create a nice revenue stream simply from signing up newbies. Add to this the Trader Market and things get really interesting. The Trader Market is where, for a one time $99 set up fee, traders/signal providers/software developers can market their skills and products on a personalized eStore. This is a perfect opportunity for anyone with the knowledge and desire to help other traders.
TraderAgency is currently in its beta testing and pre-launch phase. The site administrators and engineers expect to be fully functional sometime summer 2015. Until then they are accepting first round members and prospective marketers free of charge. This is a limited time offer so you must act now to participate. To go to TraderAgency click here.
Investoo.com is the latest binary options signal service provider to hit my radar. The service, unlike many of its shadier cousins, is one of the more useful, reliable and believable I have found. Not only do they provide legitimate tools free of charge they offer supporting services that are of real value.
A few things that caught my eye include that they claim a winning rate of only 75%, they make no claims to the infallibility of their product and go so far as to say that using their tools successfully takes more than blindly following the signals. This may sound like smoke-and-mirrors or an attempt to brush off responsibility but once you delve into what they have to offer you will realize, as I did, that this is not just some affiliate marketing scheme.
Investoo.com is a resource for binary and forex traders. The site is focused on education of traders based on commonly used and accepted indicators. Their services are multi-layered to fit the needs of all levels of traders from pure copy trading all the way through those who truly wish to learn to trade for themselves. The services are based on three indicators systems intended for forex and adapted to binary, including one system developed exclusively for binary.
These systems use PSAR, MACD, ADX, moving averages and stochastic to generate signals. Each system can be applied to any commonly traded forex pair as well as heavily traded indices, stocks and commodities. They can also be used on charts ranging from 5 minutes to daily and generate appropriate signals for each. The indicator packages download directly to your MT4 platform where they create visual and sound alerts. Additional benefits of membership include access to over 125 video courses designed to support the indicators and signals.
PSAR – This system uses PSAR and ADX to pinpoint reversals and trend following entries. It is a great tool for generating signals on short term charts but is also reliable on higher time frames. This system has a stated win rate of 75% and may offer the most signals per day of any of the three.
MACD - This system is based on MACD and targets swings in the market. The MACD signal system is intended for use primarily in the forex market but can be used on any liquid asset. It is great for range bound assets as it delivers both call and put signals but is also highly effective in trend following situations as well.
BO Indicator – This is a more proprietary system based on stochastic and moving averages. It is designed specifically to binary options but can be used to trade forex too. It seeks to target reversals and overbougth/oversold conditions as entries for short term directional trading.
Investoo.com Binary Options Copy Trading
The basic membership is free and includes access to the three indicators. The indicators are great tools but not infallible as they generate both buy and sell signals regardless of trend, market conditions or support/resistance. They provide possible entries, but final decision is based on individual trader analysis. This is fantastic for those who like to trade on their own and are seeking a good tool, or for those who are learning and would like a frame work for signal generation but be prepared for a learning curve.
I can definitely recommend these tools, mostly because they are based on indicators I already know and love, namely the MACD, stochastic and moving averages. I can also recommend them because they provide a solid platform for learning. The tools are supported by the introductory and beginner level videos but to get the full video course you will need to upgrade to the pro version.
The Pro version gets you the entire package including signals vetted by pro traders and published on the website, all three of the indicator systems and access to the complete video library. The full package is only $99 and does not require a deposit, however, you can get the package free if you make a deposit with a supported broker. There are over 100 signals posted to the website daily with an average win rate of 60-70% depending on which assets you follow and how many trades you make. Signals are given for all of the commonly traded pairs and are available for short and long term trading up to end of the week and one week expiry. Signals can also be received through email or SMS for mobile trading.
Investoo.com is a solid source for binary options signals and copy trading. The service uses well know indicators, not some secret formula, and is supported by a full educational program intended to get you trading on your own. The cost is small at $99 and easily gotten for free with deposit, a real bonus for those who have yet to open an account or those ready to open an account with a new broker. I will be testing the tools myself so be on the lookout for future updates.
Social trading binary options with Michael Hodges, binary options watchdog