This is likey to be a stupid question, but I'm going to go ahead and ask it anyway... When trading Boundary (in/out) binary options, could you just calculate a confidence interval >50% for the time frame in question and use this as the range? That way, you'd have a statistical edge and should, in theory, end up profitable after a series of trades.
I'm guessing that this is not a possible approach, as it's seems too simple to work, so why would it fail? I don't really understand how binary options work, and I had never heard of boundary binary options before 5 minutes ago, so please give your answers in reasonable detail.
Alternatively, price seems to often stagnate before large releases, so could you not take advantage of situations such as this using boundary binary options?
Thanks in advance.
I'm guessing that this is not a possible approach, as it's seems too simple to work, so why would it fail? I don't really understand how binary options work, and I had never heard of boundary binary options before 5 minutes ago, so please give your answers in reasonable detail.
Alternatively, price seems to often stagnate before large releases, so could you not take advantage of situations such as this using boundary binary options?
Thanks in advance.