The 5-Minute Trader: Binary Options Trading Strategy

Modified Striker9 Strategy + Anyoption

A few months ago we conducted a real time review of the Striker9 binary options trading system (see the Striker9 Review post) and generated some nice hourly returns, managing a 77% winning percentage. I was disciplined in sticking to the system during the testing phase but couldn’t help but wonder if a small change in methodology could increase my profitability even further…and thus spawned the 5-Minute Trader.

Without giving too much away about the Striker9 system, the methodology suggests (at least in the light version) placing trades in a 30-minute window before expiration. My first couple losses using theStriker9 system occurred when I anxiously placed trades early in that 30-minute window and watched helplessly as the stock moved against me with ample time remaining. This frustrated me, but the overall results still pointed to the system working so I really couldn’t complain too much.

Following the review I did make a few changes that have cutback on the number of losing trades and subsequently increased my profitability. The first change was utilizing a binary options platform with a super short lock-out period. I initially switched to Optionbit but have since moved on to Anyoption, mainly due to the shear number of options available to trade on its platform and the iPhone app which is excellent.  Both have a 5-minute lock-out period which is essential.

The other, and more important, change I made was to only make trades that the Striker9 system signaled within the last 10 minutes of expiration, the closer to the 5-minute lock-out period the better! While this strategy led to more no trade days (using Striker9 Light), my number of losses diminished and my profitability increased.

Options expiration, as highlighted in our free binary options trading course, provides a great opportunity to trade binary options with high probability winning percentages. Take the next to try out the modified 5-Minute Trader Striker9 methodology during this coming week and let us know what you think.

 

14 Responses to The 5-Minute Trader: Binary Options Trading Strategy

  1. Joe says:

    Hey! If anyone has been trading binaries sucessfully shoot me an e-mail! Joeanderson2213@yahoo.com and maybe we can help eachother out even more :)

  2. Fred says:

    I have experience with Striker9 and with Anyoption. The problem I am having is with getting my trades executed on Anyoption. Three times now I have tried to place a trade and I keep getting the message “action failed, please try again”. The last trade I attempted gave me this message four times, until the price changed so much that I had to stop trying. Two times the message was “You must be logged in to place a trade”. And I was logged in. Then a few seconds after that message their system logged me out on its own. Its like as if they see that it will probably be a profitable trade and prevent the trade. It looks like the only way the broker makes money is when I lose money. I have had profitable trades but they were smaller. When I started to place $500 trades I started haveing problems.
    The problem I have with the Striker9 is with getting that company to answer my e-mails.

    • George says:

      I opened a recent account with Any Option and had lots of problems, I was careful to

      enter trades as promptly as possible , but ……. Example – the entry prices on CALLS were mostly

      at the UPPER portion of my

      Heiken Ashi Candles ” tail ” or ” shadow “. On the next 1 hour Candle the BODY of that candle

      increased nicely , and should have shown a profit, BUT the CLOSING , ( expiration ) , price on it was

      LOWER than the very high entry price I was given , and this nullified the win .

      So , on my screen I had winning trades, BUT got screwed on the the entry prices from Any Option

      and Reuters !!

      I hope this makes sense . I am really pissed off. Hopefully Admin. , and others , will comment .

  3. admin says:

    Hi Fred,

    I hear you on the “logged in” error. I was experiencing the same thing when I used EZTrader but not so much with Anyoption, hopefully it doesn’t keep occurring. Striker9 customer service is not the greatest, there’s no doubt about that, shoot me an email at trader@derivstrategies.com and maybe I can help you or reach out to Chris on your behalf.

  4. Michael says:

    Hi, I’ve been looking around at binary option trading systems for quite a while and I’m having a lot of trouble telling whether they’re in fact legitimate or not. There are countless systems all under different names which are made by this same guy, Chris Kunnundro. Striker 9, Omni 11, U7, Binary Options 101, and countless others. I read a thread somewhere, that was by someone who claims to have purchased both U7 and Dominator (Silver edition), and states that the documents and videos in each were identical in every way. Both systems costed him quite a lot.

    With the poor custom support, dodgy material, no demos/trials, and to top it all off, the same guy suspiciously marketing multiple systems… I see no reason why anyone would purchase this material. Not for what they charge at least. And sure the performance tables are attractive, but there are disclaimers everywhere about “theoretical/simulated” results shown on these sites.

    Worst of all, I can’t find many unbiased reviews or a forum with a populated enough community to cover the bases and check the facts. Can you help me in anyway with my search for truth?

    • admin says:

      Here is what I can tell you. I personally reviewed Striker9 Light and found it to be pretty effective in generating winning trades in the 1st 1.5 hours of trading, my results are included in the Striker9 review post. Others have posted their experiences in there as well in the comment section. Yes you are correct Chris K has created a variety of these systems all with a different focus (forex, commodities, stocks, indices). Whether or not each is substantially different I’m not sure. I’ll reach out to him to see if he’ll answer these concerns/questions for you.

      • Michael says:

        Thanks! There are so many out there. I’m considering getting either Striker 9 Lite, or Dominator (Ruby Edition).

      • Sabahudin says:

        Hi, Admin!

        When you say that you have increased your profitability and winning percentage for the trades involved in the 5-Minute Trader strategy of Striker9 Light and also increased the number of “no trade” days, as well, do you base those figures on trading only the Google and/or Apple stocks on Anyoption or Optionbit or have you seen these tendencies across ALL stocks that can be traded with the Striker9 Light and with your modified 5-Minute Trader? Thanks for clarification!

        Best regards,
        Sabahudin

        • admin says:

          While trading the 5-minute trader variation of the Striker9 system I tended to gravitate towards the stocks I was most comfortable with, those being primarily AAPL, GOOG, and AMZN. I haven’t tried it across the other assets but I’m sure it would yield similar results.

  5. Shawn says:

    Thank you Admin for your post on Striker9. I have been looking all over for what appears to be actual users of the product. I have been interested in trading binary options for some time and have looked at the light product. My question is how many total days did you attempt to trade with Striker9 Light, how many of those were no trade and in terms of winning percentage, does the 90% accuracy claim hold up?
    I would like to turn this potentially into a full time opportunity for myself.

    Thanks and Happy Thanksgiving.

    • admin says:

      Hello Shawn, I used Striker9 exclusively for around 30 days yielding a winning percentage around 72%. These were days when I stayed disciplined to the Striker9 methodology and avoided using any of my own biases. No Trade days depend on what assets you are trading so it will vary widely. The 90% claim appears to be high but 70%+ is not bad.

  6. Shawn says:

    Thanks for the feedback. And you are right, 70% is not bad. If I am not mistaken, the light version focuses on three stocks: Amazon, Apple and Google. Did you do anything with any of the three and if so, what was your success. I like the prospect of “test driving” the methodology. I know light involves doing one trade daily and if this is true, do you follow the stock(s) all day or is there a time of day this methodology gives preference to.

    Once again, thanks.

    • admin says:

      I highlight details of my trading in the Striker9 review on this site. The Light version concentrates on the 1st 90 minutes of US market hours.

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