I've done box trading in the past. Just my opinion here ... there's more to risk than there is to gain. Box options give very bad risk:reward ratios and seems more like gambling than anything else. Having said that, if you find that it works for you, do it!
I'd much prefer doing my normal day to day trading though.
Once again, just my 2 cents.
P.S Good thing about these box options is that they give you an idea where the market is likely to go. *wink*
Hummm interesting.... Are you saying that by looking at how much oanda will offer for a box option you can determine how likely the market is or is not to move in a certain direction? Is this correct, if so what is your experience with it?
Bingo! You got it ... makes all the sense in the world doesn't it?
No "smart" broker will give you $2 for your $1 placed if that event is likely to occur by 80%.
As for my experience, I only "played" with it just to see if the market did move in the direction for a high payout box. No surprises here of course.
I reckon I only used this box option thing for about 2 weeks and that's it. Back to my normal trading ....
Cheers!
Quoting Crestwind
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Hummm interesting.... Are you saying that by looking at how much oanda will offer for a box option you can determine how likely the market is or is not to move in a certain direction? Is this correct, if so what is your experience with it?
