Am I correct in thinking that if trading OTM binaries on Nadex strictly to catch movement with no intention of holding to expiration, that the entry price does not matter so it could be the binary with the least amount of risk as long as the movement goes in the predicted direction and the exit is preformed manually before expiration?
This is not correct. As time is a huge factor in binaries. I rarely ever use the binary with the least amount of risk. The further out it is the faster its value will erode and the slower it will move over time. However for faster moves you can easily find the optimal binary to choose just use the simulation price feature on the brand new binary scanner.
[quote=dalemm ] Am I correct in thinking that if trading OTM binaries on Nadex strictly to catch movement with no intention of holding to expiration, that the entry price does not matter so it could be the binary with the least amount of risk as long as the movement goes in the predicted direction and the exit is preformed manually before expiration?[/quote]
