Diversification is the only free lunch in finance. Trade as many things as your capital will allow, ideally across a diversified group of asset classes. Picking instruments based on backtested performance is a tricky path to go down, and the statistical evidence doesn't normally support this. Fitting different systems for different instruments is even worse. GAT
Ask yourself why none of the biggest brokers deal with binary options and why binary firms consistently make the news for fraud and international shutdowns.
I trade majors and comdolls on Forex. I don't trade exotics, cause EURUSD, GBPUSD and pairs with JPY are the most okay for me
I mainly trade options on binary options (binary triplets). Why? Because I think recursion strategies are the only game in town.
That's a fact, not an opinion, Michael. Personally, I don't trade them because I look at them as being a bet against a counterparty who makes up the rules and interprets them and holds my deposited funds and presents his customers with a substantial built-in edge which they'd have to overcome very consistently to make profits, and I think that makes them a far worse proposition for me than futures trading, with which the only built-in adverse edge I have to overcome is the tiny dealing costs - and that's an opinion.
you'd have better odds in roulette or black jack than binary options, if you spend a lot of money at least the casino will give you complementary services