Hello,
I have developed a strategy (for which the exact details I like to keep to myself) that allows me to break even on one side of the trade and make profit on the other side. So I take 2 derivatives; I sell the lower and buy the upper. Unfortunately there is an area of about only 0.3 pip (or 3 tick) that is very dangerous. If the asset reaches that exact area upon expiration of the options I will lose a significant amount of money ( relative to the profit ). My question here is if there is anything I can do to "overlap" that small area somehow. Or otherwise use some sort of strategy. The time frame is 5 minutes because Im dealing with 5 minute binary options. Any ideas any one?
I have developed a strategy (for which the exact details I like to keep to myself) that allows me to break even on one side of the trade and make profit on the other side. So I take 2 derivatives; I sell the lower and buy the upper. Unfortunately there is an area of about only 0.3 pip (or 3 tick) that is very dangerous. If the asset reaches that exact area upon expiration of the options I will lose a significant amount of money ( relative to the profit ). My question here is if there is anything I can do to "overlap" that small area somehow. Or otherwise use some sort of strategy. The time frame is 5 minutes because Im dealing with 5 minute binary options. Any ideas any one?
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