The Binary Signals Results for this week (December 6 and 7) and the results are below.
Binary Signals Results for December 6 and 7, 2016
The results are based for simply on the signal price and minimum time expiration. If price expires great than the signal price (for longs) then it has a red heart. For shorts, if the signal price expired either equal to or less than the signal price, then it has a red heart.
Overall there were 38 signals. Out of the 38, 27 were winning trades based on trading at the money and 11 were losers. These statistics are based on the ATM trades and either having a full profit achieved or a full loss achieved. Based on trading 1 contract per signal, the profits and losses were:
- 27 winners with a profit of $45 per trade results in a gross profit of $1,215
- 11 losses with a loss of $55 per trade, results in a total loss of $605
- After subtracting the losses from the profits, the net profit (excluding exchange fees) was $610
- The total exchange fees were $68.40
- After exchange fees, the profit for the last two days was $541.60
Considering the signal service is $99 per month, within the last 2 days, the resulting profit after all expenses was $442.60.
However, this is just the beginning of the potential because traders could have traded OTM binaries which lowered their risk, they could have done multiple trades based on one signal. Some would have lost, some would have made even more money. Since the time the signal was issued is given in every signal and combining that with the minimum expiration time (also provided in the binary signals), then I can calculate which ones expired in the money versus which ones did not. From now on, if the signal expires in the money, it will have a red heart. If it does not expire in the money, then it will have a gray heart.
The return on investment after all losses and expenses (including the signal subscription price) was 21%.