With EURUSD just a 16 pip move can turn, for example 16 to 85 or $16 to $85 riding one contract with 1 hour 30 minutes to go on a 2 hour NADEX binary option.
@ 1 Hour 15 min left on a 2 hour NADEX Binary Option:
7 Pips to Double
12 Pips to Triple
20 pips to 80
24 pips to 90
@ 15 Minutes left
4 Pips to Double
8 Pips to Quadruple
15 pips to 80
22 pips to 90
As you should know by now NADEX has premium decay like vanilla options, options chains too. As the option ticks away towards expiration you will need LESS and less movement in the Forex pair to make MORE and more money FASTER.
Also as soon as you're past the ATM point, being ITM, premium decay ticks off into your FAVOR giving you "free money" essentially.
Let's say we're trading 10 contracts: We invest $160 with a max risk of $160, into an OTM NADEX Binary option for the purpose of riding momentum. So we hit a 16 pip move (or whatever is ncessary to your Forex pair on NADEX with given time left to expiration) and we turn $160 into $850 - what are you going to do? You're sitting on an $690 profit. Well since you are interested in the concept of scalping I hope you're going to take that money and run!
So what happens if your position goes bust. You lose what? $160 - that's it! That's your max risk.
Now sometimes gains to go big like a 7 pip move below but they can still make you money. See the image below. Now prices changed a little since my typing above but you can see here: an 8 pip move turns 12.75 into 42.25 - this puny 8 pip move brings about a 331% Return! Hmm not bad ehh!
So hence the name SCALP.1 - NADEX Binary Options Scalping Strategy and System - we're going to scalp these momentum trades and when that momentum breaks - we're taking the money and running!
8 am to 2 (1400) EST: (but you can trade during any active time you want)
349 Total Pips
So translated into NADEX Gains and losses approximately: let's assume you buy and average at 15 here is what your NADEX binary could turn into given the Forex Pip distance:
Also understand that once you are in the money time premium decay goes in your favor but if out of the money premium decay goes against. If a move goes really far then we'll assume 100 full profit into expiration otherwise a strong move, if you get out early since we are "scalping"...
So here is what the NADEX position of 15 (the OTM binary price on a buy which would be 85 on the sell but let's just look at the buy side for ease of explanation):
Here are the same days and trades calculated into NADEX results. If we traded 10 contracts and put in $150 risk per trade then zero below would be a loss of $150
Ok see the chart below: This top part is the net profit. Then we break down the results per 1, 10 and 100 contracts.
Remember with NADEX your max risk and profit is figured for you right through their platform. We are entering out of the money to ride a momentum move potentially for a very large percent return.
Also keep in mind this data below is for the same 6 days performance sample above.
|With 1 Contract||$15 Risk Per Trade|
|$562.00 in 6 days|
|With 10 Contracts:||$150 Risk Per Trade|
|$5,620.00 in 6 days - probably were you'll be starting with $150 "bets"|
|With 100 Contracts||$1,500 Risk Per Trade|
|$56,200.00 in 6 days|
So you see this is quite a nice system! It's a great one to add to your NADEX arsenal!
So if you were able to average this performance and traded the full month of let's say 21 days then you'd have a monthly result, a monthly average of $19,670 / Month. Yes. And that is with 10 contracts risking only $150 per trade.
After you grow and know your personal accuracy rate with this system you could advanced and get up to 100 contracts. So now you would be looking at $196,700 a MONTH trading cash flow. This would be with a risk of $1500 per trade using our NADEX SCALP.1 Binary Options Scalping System and Strategy pin point method for high probability momentum entry.
What are you buying here with NADEX SCALP.1 Binary Options Scalping System and Strategy?