Posts Tagged binary betting
Today I thought I’d try something new. For those following my Twitter feed, you’ll read that I placed a binary bet on the FTSE closing lower today. A binary bet has two outcomes – win or lose so it’s a simpler form of trading.
With a binary bet you will know your maximum loss vs your maximum gain so it’s good in that respect. You are able to better manage your risk and are less likely to get involved with the anxiety that traditional trading brings.
For example, if I take my trad
March 26, 2013
No Comments Full Story
I thought I'd try something different today and play with the 10 minute Up or Down markets on BetonMarkets. Basically, you bet that in the next 10 minutes the price of the underlying instrument that you've selected (in my case, GBPUSD) will be up or below the entry level. The entry level is the time when the bet is placed.
The cost of the trade was £1.06 for making 94p back. Therefore almost a 95% return on your money back should you get it right. I was only testing with a very small amount
March 1, 2012
2 Comments Full Story
As per my previous post, I mentioned that I've been playing around with Bet On Markets and have now made my tenth trade and it was another winner.. that's 10 out of 10 winning trades.
The great thing about Bet On Markets and generally this type of betting is that you can choose the risk that you take. All my trades are low risk trades, risking little but with a high probability. This means that my returns on each stake aren't great but at least they are consistent. This generally is good for
June 25, 2011
1 Comment Full Story
