easy question - just a test...

Consider a binomially distributed price chart, where you can do unlimited size at the immediate price. Once every five minutes the price jumps 1 dollar, either up or down.


If the price is twice as likely to jump in the same direction as the last jump - meaning your necessary information is accumulated in one jump - what is your expected profit after 9+1 jumps?


Don't worry: If anyone answers, next question is harder...


leroy