Even ladders become fools, and if you keep doubling down in the opposite direction, it becomes easy to make money
What people say about this
is probably, “That’s a lie!”
But BO Ladder is
only risking the amount bet in one session,
and basically the market favors “against-position averaging”
Because the market is largely a “range market.”
In FX,
when a trending market comes
you lose “because the trend lasts long.”
But with BO Ladder, “that isn’t the case.”
You only lose “the loss from one session.”
This is quite significant.
If you understand this and profit from counter-trend averaging, your whole perspective changes.
When you can justify your stop-loss with solid theory, losses become easier to accept.
If you happen to like counter-trend averaging
you’ll find it easier to profit by switching from FX to BO Ladder.
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