Aug 10 Bootcamp: A strategy for day trading equity indices with binary options

A strategy for day trading binary options - Dan Cook, Nadex

The strangle strategy using binary options is a very simple “set it and forget it” strategy using a combination of binary options. With this strategy, traders aren’t trying to determine a market direction; rather, they’re simply looking for a breakout move in either direction. As part of this strategy, Dan will discuss the concept of scaling, which involves potentially locking in profits on a portion of the position and then potentially achieving maximum profit on the rest.