Читать книгу Binary Trading - John Piper - Страница 29

I believe that we all have a natural tendency towards a certain style of trading or betting. It is part of our character and we are much happier if we act in accordance with our instincts and emotions. Personally, I prefer to buy cheap and my style is to do everything I can to enhance my chances of success.

Buying cheap also incorporates selling at a high price. I showed in Binary Betting how buying a binary at 30 is the same as selling one at 70 as far as potential risk and reward are concerned.

In both cases we risk 30 points and our potential reward is 70 points. In terms of risk and reward they are the same animal. The same is true if we buy at 15 or sell at 85.

But the point I made above with regard to buying high probability bets holds true. If we bet at 15 and the odds hold true we will lose. The spread will take us out. Here is how: