Get to know Candace Pendleton and some of his dean and system creator ideas? Candace Pendleton is a prolific trader and mentor with over two decades of experience day trading the futures market. Using her system and coaching, thousands of people trade profitably and achieve financial freedom. She founded 123EasyTrade in 2010 and Commodities University in 2015.
Candace Pendleton students about their mentor : Hi Candace, FYI —I have turned the corner in my trading! Started this week in the red but made $520 in four trades today, 1 contract. Back in the green this week. With the 123 Easy Trade system I now place trades with expectations of profit even after large draw downs. Pat D. Just wanted to let you know how much I appreciate your system. Just started trading live and made $112.50 on ES trade this morning. I am very happy. Thanks, Tommie Lynne.
Hi Candace, I made my first live trade on March 31st. I was getting tired of seeing the inactivity fee coming out of my account every month, so I determined to take a trade in a slow market that I could pop in and out of without a lot of risk. I found this Roberto and though it was close to support, I thought it might also hit support before bouncing back so I pulled the trigger…live!!!! It worked in just a few seconds and I trapped it as soon as I had some green. It was one contract and I made 9 ticks. It was very empowering to realize that I had just made some real money! I had been so hesitant to get in live because my account is so small…and getting smaller with the inactivity fees…but I was getting between the rock and hard place. I had to do something while I still had margin to work with.
And to finish the post here is our tip of the day: A market without an obvious direction (lateral movement or flat) is considered unsuitable for binary options trading, with the exception of situations of fairly wide flat, at least 3-4 candles in one direction, when you can open short-term deals on a rebound from the channel borders. For short-term options, the most effective strategy will be to open trades after the breakdown of the trend line and the subsequent reversal in the main direction. More or less like this: When the first signs of a reversal appear, we open a PUT on a downtrend or a CALL on a rising trend. The duration of the transaction depends on the scale of the chart. The most reliable options are worked out, whose expiration period is at least 2-3 times longer than the period selected for trend analysis. The larger the time frame on which you see a strong trend, the longer the trade should be.
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