Day Trading Bootcamp - A Strategy for Day Trading Binary Options. The strangle strategy using binary options is a very simple ‘set it and forget it’ method using a combination of binary options. With this strategy, traders aren’t trying to determine a market direction; rather they’re simply looking for movement in either direction. As part of this strategy, Dan will discuss the concept of scaling, which involves a goal of locking in profits on a portion of the position and then aiming to achieve maximum profit on the rest. Practice trading – reach your potential. We use a range of cookies to give you the best possible user experience. By continuing to use any part of this website and/or the trading platform, you agree to our use of cookies. You can learn more about our Cookie Policy here, or by clicking the "Legal" link at the bottom of any page on our site. You can view our current Privacy Policy here. North American Derivatives Exchange, Inc. 200 West Jackson Blvd. Chicago, IL 60606. North American Derivatives Exchange, Nadex, and the N Nadex logo are registered trademarks of IG Group, Ltd. Nadex is organized, registered, and operated in the United States. The information on this site is not directed at residents outside of the United States and is not intended for distribution to, solicitation of, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
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