In your article, “My Five Favorite Trading Strategies on Nadex”
In, the News Straddle, you speak about buying and selling a 5.00 risk binary. The buy above and the sell below. Noticed that many times. There isn’t one for each side. Can you give an example? Spreads are my favorite. But, want to learn more about binaries. Thanks.
The article was a bit of a very short summary of a very long conversation. 90% of all my news trades are straddles on spreads.
Strangles on binaries are okay but not near as good. As if profit not hit usually it is a total loss.
Spreads one side can breakeven, lose less, or make enough to cover the other side. Rarely is it a total loss on both sides like a binary strangle.
To learn more about binaries - to to tutorials - nadex - binaries in the menu above i lay them out in detail - also most the bonus webinars focus on strategies like news trades etc… on nadex (see them under webinars recorded bonus webinars)