New user, few questions

S4 - Select - Underlying Markets nadex binaries
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Hello. I would be thankful if someone from the Apex can tell me few things.

1- I’ve read about the Binary scanner and it seems to be a wonderful tool. I want to know how to use this scanner with the deviation tool. If there is a video dedicated to this topic (Binary scanner+Deviations), please post the link.

2- I’ve seen how the Apex team honestly been saying that the selection of the system depends on individual’s preference etc… Thats 100% true. So i would say that i want to make ONLY 2 trades a day. I can wait for a good setup,no problem. i would prefer to go with OTM or ATM. less number of trades but good returns. So which system of yours would be perfect for me? (This question is nowhere related to the 1st one).

3- I use Metatrader 4 platform. can i continue using that? Or Ninja is a necessity to use Apex services?

Have a nice weekend to everyone at Apex.

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[FONT=Helvetica]1) This video in one short segment has not been made yet. There are dozens of ways to do this depending in the strategy being chosen [/font]

[FONT=Helvetica]2) returns and probabilities are linked[/font] [FONT=Helvetica]Higher return means lower probability [/font] [FONT=Helvetica]Lower return often means higher probability [/font] [FONT=Helvetica]It’s not what you make it’s what you keep [/font] [FONT=Helvetica]Otm is attractive but usually for the wrong reasons[/font]

[FONT=Helvetica]Ie otm $20 risk means basically a 20% chance of profiting … To do this you need to be very good at technical analysis fundamental analysis seasonal analysis and statistical analysis and need to be willing to spend a decent amount of time in front if the PC … Is this you? If not you may want to rethink otm as a choice[/font] [FONT=Helvetica]I do have some systems for this bit you have to watch the charts certain times if day and you won’t be making massive returns as you will take profit decently fast[/font]

[FONT=Helvetica]ATM $50 risk means 50% chance as it is 50/50 market will stay there…this is very seasonal based, stats based and somewhat technical based…see signal service for more details [/font]

[FONT=Helvetica]Itm means higher risk and higher probability as market can go in your direction stat flat or even some against you and you can profit …this is my favorite way to trade binaries as you have the probability edge[/font]

[FONT=Helvetica]1) otm trades should never be held to expiration you would need to have a very methodical trading system to trade them with a any decent percent if winning[/font]

[FONT=Helvetica]ATM trades are hard to take profit and with one tick they will lose ( I only use them for core trades and even they are slightly itm)[/font]

[FONT=Helvetica]Itm trades have a lot if benefits my next few Nadex webinars will focus on several premium collection trades I did 5 trades on my radio program and 4 on the signals last Friday all winning trades[/font]

[FONT=Helvetica]3) you can use any platform you want though mt4 is not recommended …forex OTC brokers live it as they can manipulate stuff in it all day long and it is very limited in functionality …I don’t recommend it at all[/font]

[FONT=Helvetica]You can use the signals the scanners and the deviations web page for current deviations with any platform[/font]

[FONT=Helvetica]If you want to use the apex elite toolkit it is built in nt7 and gives you access to diagnostic bars, velocity bars, volatile trend line, apex pattern, apex market analyzers, apex alerts, and current and historical deviations plus we have the trade room with it…you can get the platform free and the data free and try out the toolkit and trade room free[/font]

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[FONT=Helvetica]Thanks for the detailed reply. [/font]

[FONT=Helvetica]I have understood so far that the material on this site is huge. A person like myself can’t absorb so easily. But i am trying to read everything before i apply for the 2 week trial because after that it would be much more stuff to learn than it is at present.[/font]

[FONT=Helvetica]Here i want to say one more thing publicly that your customer support is second to none. I wasn’t able to use the scanner,so was going to post in here but now no need for that because your chat support assisted me in a very professional manner and resolved my problem. Excellent.[/font]

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[FONT=Helvetica]Hi Dan,[/font]

[FONT=Helvetica]That is awesome to hear, thank you.[/font]

[FONT=Helvetica]Understand you do get 2- 2 week free trials on the Elite membership. Once the first one expires you can then activate the second one. We do this so you can jump in. Take a “study/vacation” break if needed and still have 2 more weeks to take it to the next level.[/font]

[FONT=Helvetica]It is definetely wise to study the resources section mainly just to get NT7 setup and data setup. However, I will tell you being in the live trade room seeing the charts of multiple traders and being able to ask questions (which you should ask tons of questions) will dramatically expedite your learning curve.[/font]

[FONT=Helvetica]it is all concept and theory until you see it live. You will see between 1-6 traders screens posting trades live in the room and different setups and have the ability to post trades yourself (they are marked as trial member, student, intern, or elite so we can comment on them and help you. The entire trading room is a group of traders like you and me just working together to grind some profits out of the market on a daily basis.[/font]

[FONT=Helvetica]I did think of one other answer to your question about timed trades. The Elite and P3 signals comes with the News Trading Plan Newsletter (Public this week but will be private going forward you can see it under the scanner) it focuses on 10 possible news strategies that are very timed so you can pick trades that will meet your schedule. We have over 30 potential tradable events every month and as many as 2 dozen potential trades per week. The newsletter is designed to let you know what reports to trade. How to trade them using the scanners and and where to set take profits etc…[/font]

[FONT=Helvetica]I just started offering it to all subscribing Elite and P3 members check it out. I have already got rave reviews the past two weeks on it as it is shows what impact is expected if that happens how far will it move and if that impact does not happen how to exit. Plus how to trade butterflies before the news, during the news etc…[/font]

[FONT=Helvetica]I look forward to seeing you in the room soon,[/font]

[FONT=Helvetica]Darrell[/font]