Most amount of money you made from binaries

[j2a_aj]

Hi,

Just wondering what was the most amount of money anyone made on

1. One successful trade - Please specify Investment, Profit %, Revenue

2. Longest run of wins before the provider shut you out.

I'll start,

1. Largest real money trade made - $60, 1666%, $1000

2. In the market for about a week so far. Not been blocked out yet. Made about $2000, starting with a capital of $500.

 

[donaldduke]

I once had a good 2 month run on the binaries, I made 50K in a couple of months, only 4 losing days in 40.

Then they marked my account.

Im suprised they let me make so much, later, on my other accounts they clamped down at around 10K profits.

 

[j2a_aj]

Thats really neat duke. So can I assume that you dont trade binaries anymore ?

Whats your take on Igmarkets, BOM, Nadex ?

 

[shadowninja]

Turned about £300 to >£2k in about 2 weeks. Then I had a problem with Java so had to stop as it wasn't as quick any more.

 

[j2a_aj]

incidentally shadowninja,

whats your security of choice in trading ? spreadsbets ? indices ? shares ? fx ?

J

 

[donaldduke]

Thats really neat duke. So can I assume that you dont trade binaries anymore ?

Whats your take on Igmarkets, BOM, Nadex ?

Binaries are a scam.

The firms will happily let you lose as much money as you want.

But start to win too much and they will cheat. Delay your orders. Reject them. Move the price etc

 

[shadowninja]

http://www.trade2win.com/boards/fixed-odds-binary-betting/28610-my-binary-scalping-method.html

Now? Purely FX.

 

[j2a_aj]

how do they deal with it if you expire deep in the money on a large bet

lets say - one touch dow 120 pts , bought at 5 pts, for a deposit of $500

I'm guessing they cant toy with that ? Pls advise.


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On a different note, whats your security of choice to trade ?

spreadsbets ? indices ? shares ? fx ?

 

[shadowninja]

That's not a binary, is it? It goes from 0 to 100... well, the ones I played with did.

 

[j2a_aj]

Im talking about binaries too.. Im just asking what happens if you end up winning $10000 on a single trade of say, $400 investment.

Have you tried the fx options on ig markets ? Are they any good ?

 

[shadowninja]

Well, it's possible but they might restrict your account next time. And I wouldn't call anything to do with binaries an investment. If you RISK $400 and made $10,000...

Never tried options.

 

[djnsfc]

This isn't a most amount of money story but I once traded the Dow 5 minute binary at £10 per point and mistakenly had been reading the German Dax chart to make the trade, it still made money. Didn't realise until the trade had finished, luckily they correlate nicely.

 

[shadowninja]

Been there, done that.