March 1, 2011
Started trading Red news events on Binary Turbo using my trade probability calculator. Scored 3 wins so far. Even with a low payout ratio and low probability of a favorable trade (less than 60%) the trades still were profitable.
I can see why trading has been tough lately. Generally speaking the highest probability for a successful trade is stuck in the 60% to 65% range due to the rangy PA over the last few weeks. Still testing this and added a recommended lot size window based on the probability of a successful trade. The concept being: the higher the probability of a successful trade, the more you should risk.
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