Friday 26/06/2015
Summary: No trades made, just got the accounts set up and I will ready to go live on Monday. Wish me luck
I have my subscription, I have my login details for the website, I have retrieved my binary option log-in details and I think I am ready to go. I have been briefed by the guys at John Anthony that in each signal I will given instructions and I must try to activate the trade as quickly as possible ensuring I choose:
1) the right expiry time – based on the signal
2) the correct currency pair – based on the signal
3) the correct direction – based on the signal
4) the same or better price than the signal
So here goes. I’m now logged into the John Anthony site and I am immediately presented with some statistics:
17 signals per day at a 72% win rate. Sounds great, but I am still skeptical. It takes next to no skill to place that kind of information on a website to make it look appealing. I am not saying the site is providing fraudulent and misleading information, I am just choosing to ignore it for the moment and collect my own data.
Well the next thing I see (above) is slightly disappointing. We are in protection mode and the signals are paused so I can’t actually start testing it. Bit of an anti-climax really, I have to be honest I was looking forward to trading them. How long is it going to be in protection mode for?! Not the best start, i’m already getting annoyed.
Although thinking about it, I have also personally ceased trading for the weekend because of the looming Greece issue and so I suppose they are just doing the same thing. Maybe the protection mode is a temporary thing if there is a high impact economic data release from the economic calendar and it resumes after the release. So I can’t complain too much about their prudence.
Let’s look at the table. I have posted a screenshot of some of the signals released today and they are easy enough to read, it tells me all the information I need. The website also tells me that when a new signal arrives I am going to hear a bell sound and the signal will appear in the table. It seems expired opportunities will appear open to the public on the website homepage whilst only members enjoy real-time signal updates.
So now I wait for a signal I guess.
First impressions? Well I was about to complain that the website is pretty sparse, the members section is basically a signal page with a table of signals and that’s it, massively disappointing for the money it costs. But exploring it a bit more I am wrong. It has good features such as a dedicated news page using plugins to pull in relevant stories, it also has a useful looking education page with many interesting articles (which I haven’t read yet) and overall the website is what I would expect for the money; clean, it’s well coded, it’s functional and overall yeah, I am not put off, yet.
My binary trading account
I have an old account at TopOption which has about $160 in it. I will be trading with that. It’s a small account I know, but it’s probably marginally better than using a demo account because it’s real money. (I scratched out the account ID for security)
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