Nadex Binary Options- How to Close a Position Early

This is a video specific to Nadex traders. Nadex offers traders the option to close positions early for a portion of the overall profit/loss. Today, I will each you how to do this. Feel free to experiment with this on your own :) Risk Disclaimer for Forex Trading Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Comments

1. why is it bad to exit early often if there is profit on 5 minute
2. does early exit decrease profit
3. I thought that I did everything in your video but when I did that, I was in the market for an additional trade instead of selling my existing position. What did I do wrong?
4. Glooks bro
5. A little off topic but I gotta ask.. Can Nadex be trusted in your opinion? I checked them out last night due to seeing them in your vids but my alarm bells rang when I seen they wanted my National Identity Number and my full house address etc.
6. I tried your sell 1, Buy 99 method in order to cash out immediately and it does not work. Did they change this in recent updates?
7. For personal help with Nadex binary trading join my group on Facebook called "NADEX free signals" it's a one week free trial
8. great video. why do you have so much money in your demo account? do you trade on it often?
9. Pope, love your videos. They are straight forward and simple to follow. If you ever write a book on this, I will buy it.
10. Hey Pope
    Love the video, new to trading could you guide me on what live charts you use and how to set them up. Remember I'm a new to this.
11. Hey Pope :)
    Do you have or use any reliable Nadex Signals ?
    Thanks
12. do you have signals or live webinar,,thx for video
13. Also - How do you close/cancel a working order?
14. YOU'RE AWESOME!! I have watched about 100 "beginner" videos, but NONE of them explain the basics, I have been trying to get this EXACT video - So thank you :) it's perfect. Please keep doing what you do. This simplified - short way of explaining certain things is so amazing!! So many other video makers waste so much of our time getting to the point.
15. These numbers are confusing me so much. Like, first you put in your own price for a trade at $50 but for some reason it says the average price is $40? What? And then later when you decided to sell it at current market price, you said it was $13 profit. But since you originally put in $50 wouldn't that be more like a $3 loss???
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17. How much money do I have to deposite for a US account.
18. I had no idea I could close a position early. Thanks for the info. I can see how this can be useful at times. Any chance you can explain how withdrawls work? Fees, taxes etc...