Traderush.com – My experience with TRADERUSH how to make money online
by Afsal | on March 30, 2013
What is TradeRush?
Trade is a platform you where could trade binary options such as commodities, currencies, indices, stocks and pairs. The concept of TradeRush seems pretty simple. You either have to place a ‘Call’ option if you think the market price will increase in the future or place a ’Put’ option if you believe the market price will fall below the current price.
Seems simple enough to participate with Traderush.
When you do a search online on ‘how to make money online’ you’ll see a most viewed youtube video titled
So I looked at some ‘how to’ videos on Trade Rush and basically go over how to trde in their platform. They also go over trading strategies / tips that will also work for trading in the foreign exchange. The topics are ‘Introduction o Binary Options’, ‘Trading Psychology’, ‘Financial Management’, ‘Market Analysis’ and ‘Trading Platform Tutorial’.
If it turned out a winning trade I would have a profit of $8 and then do the same thing over again. Once I’d get a losing trade, I’d go back to check on the popularity again and go with the majority of the traders this time my trade is going to be for $15. Should the trade go in my favor, I’ll get $10.50, which will cover my $5 loss from the last trade and give me a $5.50 profit.
If I’m a winner I’ll go back to the $5 trades and continue with those. If I lost the $15 trade, my next trade would be $50. If won, I’ll profit $35 which will cover the $5 and $15 loss from the previous trades, and give me a $15 profit. Then go back the $5 trades
If I lost the $50 trade my next trade would require some quickness.With this trade I will select $100 as my investment, start the trade, then immediately select a $25 trade, and start the trade. If I move quickly, both trades will come in within a couple seconds of each other.
Actually a few times that I’m now below with what I started :/
From my experience, don’t allow TradeRush to talk you into putting in more money and giving you MORE of a bonus because at the end of the day you’ll have to end up making 30 times the bonus or you won’t be able to withdraw anything at all!
I would advise to get a demo account with traderush first and use that. Their demo account does NOT last for long though.
If you have a strategy on how to make TradeRush.com work so I could build up my capital back, would be most appreciated. Feel free to comment on your experience on trading options. It does not have to be with TradRush specifically but others as well. Would like to hear how it turned out for you.
Trade is a platform you where could trade binary options such as commodities, currencies, indices, stocks and pairs. The concept of TradeRush seems pretty simple. You either have to place a ‘Call’ option if you think the market price will increase in the future or place a ’Put’ option if you believe the market price will fall below the current price.
Seems simple enough to participate with Traderush.When you do a search online on ‘how to make money online’ you’ll see a most viewed youtube video titled
How to Make Money Online From Home Every 60 Seconds
I decided to give Traderush.com a try and put in the minimum $200. Once you put in money in traderush, you get a call a few minutes later asking to put in more money for some special one on one training where they help you out more on ‘strategies’. I decided to take them on the offer and they told me I had to put an extra $1000 and they would give me a bonus of $600 (a total of $1,800 in my account)The reason I decided to try out TradeRush
I was intrigued by the forex market and they had a 60 second option which means if I placed a ‘Call’ or ‘Put’ correctly I would be in profit pretty quick (every minute). At this point I’m still trying to figure out how to play the forex market and learning a bit. From what I’ve read / seen so far is that the forex market was made for 97% of the traders to make losing trades, meaning its difficult to stay in profit IF you don’t know what your doing. Pretty much what had happened to me :/So I looked at some ‘how to’ videos on Trade Rush and basically go over how to trde in their platform. They also go over trading strategies / tips that will also work for trading in the foreign exchange. The topics are ‘Introduction o Binary Options’, ‘Trading Psychology’, ‘Financial Management’, ‘Market Analysis’ and ‘Trading Platform Tutorial’.
My Strategy for TradeRush and Progress
In order to stay in profit I was trading currencies mainly EUR/USD, which is the most common one. I looked at the popularity to see the percentage where the most traders were placing their trade either ‘Call’ or ‘Put’. I quickly changed back to the 60 second option tab on traderush and placed the same trade for $5If it turned out a winning trade I would have a profit of $8 and then do the same thing over again. Once I’d get a losing trade, I’d go back to check on the popularity again and go with the majority of the traders this time my trade is going to be for $15. Should the trade go in my favor, I’ll get $10.50, which will cover my $5 loss from the last trade and give me a $5.50 profit.
If I’m a winner I’ll go back to the $5 trades and continue with those. If I lost the $15 trade, my next trade would be $50. If won, I’ll profit $35 which will cover the $5 and $15 loss from the previous trades, and give me a $15 profit. Then go back the $5 trades
If I lost the $50 trade my next trade would require some quickness.With this trade I will select $100 as my investment, start the trade, then immediately select a $25 trade, and start the trade. If I move quickly, both trades will come in within a couple seconds of each other.
The payout for the first trade is $170, and the second
trade is $42.50, with of a total return of $212.50. That will cover the
$5, $15, $50, and the $125 trade with a profit of $17.50.
If done right you’ll stay in profit. It actually worked
for me for the first hour lol. All of a sudden I got to the $100 trade
and lost a few
Its rare that I’ll ever have to get up to the $100 trade in TradeRush but IT HAS HAPPENED Actually a few times that I’m now below with what I started :/Withdrawing from TradeRush
After not seeing too much success with TradeRush I decided to ask for a withdrawal of only $300 while I still have $1258 in my traderush account and this is what they sent me:Withdrawal of funds which have received additional rewards, bonuses, or promotions, require a trading volume fulfillment of 30 times the bonus or in the even of a refund bonus 20 times the bonus amount. The trade volume requirement begins upon receipt of the bonus in the traders account. Upon receipt of the bonus, the trading requirement must be fulfilled prior to withdrawing funds from the account, the volume requirement is canceled should the account balance drop below one (1) trade. The minimum trade is 5 EUR/USD depending on the currency of your account. Canceled trades are not counted towards the trading volume.From what I understand, one can’t withdraw any amount on their available balance on TradeRush until the person has reached ’30 times the bonus’. In my case its $200 * 30 = $18,000!!!!!!!
When trading on the Option Builder, trades below the Risk Management level of 55% / 30% will not count towards volume requirements.
Funds can only be withdrawn when the preceding stipulation has been fully met and fulfilled, this includes the original deposit. Please note the amount for the requested withdrawal is only deducted from your account balance once the funds have been transferred.
From my experience, don’t allow TradeRush to talk you into putting in more money and giving you MORE of a bonus because at the end of the day you’ll have to end up making 30 times the bonus or you won’t be able to withdraw anything at all!
I would advise to get a demo account with traderush first and use that. Their demo account does NOT last for long though.
If you have a strategy on how to make TradeRush.com work so I could build up my capital back, would be most appreciated. Feel free to comment on your experience on trading options. It does not have to be with TradRush specifically but others as well. Would like to hear how it turned out for you.
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