After months of preparation, excitement, and fanfare, Options Domination went live on March 31, 2015. Members began trading on the Nadex, via the Options Domination platform and co-founder Hitesh Juneja was there to oversee and take notes in preparation for the work ahead.
In his words: “It was so many things- fun, insane, intense – but most of all – worth it.”
His notes from the first session included ideas for improvement and outlined major points of what he expects to achieve in the upcoming days and weeks to make improvements in the Options Domination system.
Hitesh Juneja’s Notes From the First Trading Session
First up, he noticed server capacity wasn’t quite up to snuff so that will be first order of business. Secondly, he plans to focus on major pairs, types of trades which are prevalent among all the brokers currently used by Options Domination.
Since the goal for this company is to expand so that round-the-clock trading is occurring, Juneja will constantly be seeking new trading sessions around the globe. Much of his time will be spent seeking new trading sessions. Once he finds them, his work is not complete: they must be tested and then prepped for use on the Options Domination platform before they’re ready for member use. His goal is 3 to 4 sessions per day, staggered so at any given moment trading is possible. This paves the way for the global release of the OD system, where it’s operating in every time zone at convenient trading times.
Options Domination trades on the Nadex platform, but not exclusively. However, Nadex is the leader in options trading markets, and thus had its own way of doing things. To achieve seamless integration with the Nadex platform, specialized programming is required. Therefore, Juneja will be considering Nadex-only trading sessions. Of course this will take time, testing, and re-testing before it’s ready for implementation by the OD crowd.
Obviously one of the keys to success for the OD system is constantly increasing network of brokers with which members can choose to trade. Junega and his staff will be seeking new ones right away. He states that he hopes to have them in the back office within a day.
He also promised to get back to creating more training videos for members, and now that Options Domination has launched he’ll have the time to do so.
What is Options Domination?
For those who don’t know, Options Domination is a membership club providing training, support, and a customized options-trading platform. Founders claim the training system leads complete beginners with no knowledge of binary options trading towards self-sufficiency and the ability to earn an income by trading on the Nadex market and others.
Traders make limited risk contracts which have only two possible outcomes, based on a yes/no question (e.g. “Will Walmart stock go above $43 before 3pm?”). Traders place several options per day, and the average works out to be in their favor, hopefully. Each trade incurs a fee.
The Options Domination platform takes advantage of brokers who offer discounted or free trades, thereby saving members money. It’s totally legal and offers a fairly secure way to earn an income. I found a helpful in-depth review of Options Domination here: http://multiplestreams.org/options-domination/.
Options Domination is part of the same family of opportunities as DS Domination, a training system for making money by drop shipping between several of the major online discount and auction sites like eBay and Amazon.
Both companies are co-founded and run by Hitesh Juneja, the main technical guy and big brain behind all the programming for both platforms.