Читать книгу Binary Trading - John Piper - Страница 46
3. Very low risk
ОглавлениеThis is an example of a bet I placed myself in the first few days of 2007. US markets had put in a good performance in the first hour or so on Wednesday, 4 January 2007, its first trading session of the New Year, and the Dow was up around 120 points. That rally had traced out five waves which is one of the trading techniques I use when looking for possible reversals and those five waves gave me a sell signal.
When that sell signal was given I was able to buy the bet Wall Street to end down for 3.9. Now, as you now know, binaries can only move between zero and 100. Buying at 3.9 means that my total risk was 3.9 points and at £10 per point my risk was £39. But my potential reward was 96.1 (100 – 3.9) which comes in at over 24 times my risk. There is no other trading vehicle which offers anything close to that sort of risk/reward ratio, certainly not futures, options nor spread betting.
In the event US markets plunged down and the bet went above 90. To put this in monetary terms at £10 per point your total risk would have been £39 – potential reward £900!
That is what I like about binaries.