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An introduction to the exciting world of binary betting and trading.
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Elliott Wave International

Home > Meet the Traders

Andy Simensen's Trader Channel

Andy Simensen
Andy Simensen's picture
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Last seen: 9 years 27 weeks ago
Joined: 14/11/2010

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About Me

I've got a wide array of trading interests, but I've spent a lot of time recently investigating Binary Options and various mechanisms and strategies for trading them.  So many of my TIC presentations and posts are related to Binary Options - I hope you find it helpful.

Andy Simensen's Latest Trader Channel Posts

Video URL Post Overview Post date
Simplicity Is Elegance - Part II
Event: Traders & Investors Club Meeting - 19th October 2010
A binary option is a bet that the price of an instrument will reach a certain price level on the upside, or the downside, within a certain period of time. So, the outcome at expiration is either a loss or a win. The binary option is especially well-suited to trading fast-moving markets such as FX. Because your risk and potential profits are clearly defined in advance, you can give your trade room to move because you don't need to worry about placing a stop. No matter how far the market moves against your position, your potential loss is capped.
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Comments: 1
13/01/2011
Simplicity Is Elegance Part III
Event: Traders & Investors Club Meeting - 16th November 2010
Andy Simensen of the Traders & Investors Club will be presenting the third of his presentations showing us how we can identify and trade profitable binary trading opportunities. Andy will be sharing his approach to identifying potential edges in the market and the techniques that he applies to maximize profitability. The aim of this presentation is to build on the earlier presentations and get to the point where we can confidently pull-the-trigger.
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12/12/2010
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