Sometimes you need more than just a single binary trading strategy to make profits on a daily basis. One good strategy, even if it works and produces good profits, is often not enough to enable a trader to make profits all the time and every day. Watching currency charts and waiting for the right moment, this is what an effective strategy usually requires. There is no binary strategy that can work every minute and all day long. In the context of the ability to trade every day and make profits, using multiple strategies is one sensible solution.
In terms of winning-ratio, and this is no slight to my second manual strategy, my first trading strategy was unrivaled, that is until now; the second strategy can produce even higher ITM ratio. Some people find the first manual trading strategy a bit complicated because there are a certain number of variables involved in it. It requires you to monitor the market and wait for the right time to enter a trade; there are few currency pairs to monitor and you also need to take into account different variables in order to enter trade at correct time. Second strategy is similar to the first one in few ways however, it involves less variables, and you only need to monitor two asset charts. You can call it a less complicated strategy with even higher ITM ratio.
Statically, the first binary strategy gives you more trading opportunities in any given month. The downside of the second strategy, in the view of traders, the less number of trades, is not a matter of huge concern. When a strategy is producing more than 80% In-The-Money ratio, how can we complain, right? When you have not one but two working manual binary strategies in your pocket, you obviously are going to execute more trades. The second strategy is superior in terms of winning more trades, but it does not give traders as many trade opportunities, as does the first trading strategy. The reason for this is the fluctuation in correlation between two special assets. When correlation is at a favorable level, the second strategy can do wonders.
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