Author Archives: Dustin Donham

What 99% Of Traders Don’t Know About Retail Trading (Watch Before You Trade)

  Former Goldman-Sachs trader Anton Kreil destroys the retail trading industry. In this 2 hour video he discusses the retail trading infrastructure, who benefits and why 95% of retail traders lose. This seminar is a must-watch piece of information for new and experienced retail traders. Interestingly Anton points out ways to spot charlatan trading educators from the real ones. He shows how they market themselves but he himself employs many of these same techniques. His marketing clearly shows the rich … Continued

6 Reasons Why You Should Hand Journal NADEX Trades

I think we can all agree its pretty important to track your trades in some way, right? In this post I am going to discuss why you should be hand journaling NADEX trades. I started this website with the goal of improving my accountability. So after a month of hitting it hard, I looked back over my performance. I only posted 4 days of actually trading with 3 others stuck in draft, I can’t even remember those trade details. I have been … Continued

How I Turned A Profitable Day Into A Huge Loss

Today we will talk about an early trade on the DAX that I took while waiting for the Strudel Trade. This is “How I Turned A Profitable Day Into A Huge Loss” OVERTRADING! I made several mistakes today and we will address those . All in all I know I over traded today. I made good trade early on for a nice gain. I should have quit trading then. The next trade made a really stupid move and lost it all. Normally I would revenge trade … Continued

Binary Options Trading Log 7-13-15

Daily Binary Options Trading Log I keep my track of my trades on this daily binary options trading log. Let’s discuss them. We will look at my entries and exits and my decision making / thought process along the way. Usually I make two trades a day, the 7-9am DAX Strudel Trade and the 9-11am FTSE Brunch trade. I love trading these 2 trades because they are back to back time frames and the rules for each strategy are exactly the … Continued

Binary Options Trading Log 7-10-15

Daily Binary Options Trading Log Nothing really affecting my trades today news wise… As usual I started my day out by checking the days news on Investing.com’s Economic Calendar. Its possible the FOMC speaker may have some effect on the FTSE trade but since its after 11AM I am not that worried about it also because its a UK Index Future. Still it may effect trading volume prior to the event. I prefer to trade during low volume as price moves more predictably.   … Continued

Binary Options Trading Log 7-06-15

7-9AM DAX “Strudel” Trade OK so I am a little behind in my daily binary options trading log. It has occurred to me that given the length of the trade times It would be much easier if I write these posts as the trade plays out than writing them later.  Also I have the added benefit of capturing my thoughts in the moment. Today’s first trade on the DAX was entered later than usual as I had a late start. Because … Continued

NADEX Countries – Exchange Adds 40+ Worldwide

Leaprate recently reported that NADEX announced that it was opening it platform up to more than 40 countries. That is great news for traders because now many can avoid using the unregulated binary brokers. It brings the total to 47 countries NADEX accepts trades from. With NADEX being CFTC regulated in the US, there is no reason to put your money at risk anywhere else. Its just doesn’t make any sense. Now traders world-wide will have the ability to become exchange members and to trade … Continued

Binary Options Trading Log 6-30-15

Daily Binary Options Trading Log According to my daily trading plan, the day is supposed to start off with with the DAX “Strudel trade”. Today however, I accidentally opened the FTSE 100. I must not have been firing on all cylinders. I didn’t realize my error until I was already into the trade. (Note to self—PAY ATTENTION TO DETAILS!!!!!) The rules for the strategy are dead simple Select the 7am-9am EST Nadex time period for the Germany 30 (DAX) Index. If the … Continued

A journey begins…

  Well here I am trying to learn to trade. I am not trying to be a millionaire I just want enough money to allow me the freedom to live my life on my own terms. My name is Dustin Donham aka Remote Joe and I will be a successful trader. I started learning a few months ago but I can see that more accountability is needed in order for me to be successful. This website focus is to chronicle … Continued