For Apex Entries when trading on Nadex, which is better to use Binaries or Spreads?
Apex Entries on Nadex - Binaries vs Spreads
Assuming APEX Elite pattern entries and add ons…
Define better?
Spreads make more money but you may be managing the trade longer. Also they are a dollar risk a tick for against you etc…
Binaries are going to be an hour or less - so less time management but may not be a contract available… if take profit not hit on OTM probably total loss… if goes against you could lose a much larger risk to reward… all depends on the binary and the exit - though i really only do these with the profit popper style strategy
In trading there is not a best its just what you are consistently doing that your comfortable with that meets your needs.
If you have 2 hours to trade and have to leave binaries are you choice
If you only want a few trades a day but want big trades then spreads may be a better choice