I’ve caught myself constantly jumping between strategies: after a couple of successful entries, it seems like I’ve found one that works, but in another session everything is no longer so impressive. I watch videos and reviews, but everyone has their own “top” picks there, and the conditions often don’t match how I trade at all.
I want to put together a proper ranking of binary options strategies for myself, based not on promises but on my own trades. For now, I’m recording the percentage of successful entries, the timeframe, and the trading time, but I haven’t figured out how to compare approaches with different numbers of trades fairly. Ten entries don’t really mean anything. How do you keep this kind of statistic, and after how many trades do you keep a strategy in the ranking or remove it?
I want to put together a proper ranking of binary options strategies for myself, based not on promises but on my own trades. For now, I’m recording the percentage of successful entries, the timeframe, and the trading time, but I haven’t figured out how to compare approaches with different numbers of trades fairly. Ten entries don’t really mean anything. How do you keep this kind of statistic, and after how many trades do you keep a strategy in the ranking or remove it?