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If the cable corrodes the battery is leaking gasses and the corrosion will keep coming back. Doesn't matter if you coat it with stuff. Battery is OK in that it holds a charge. Battery is not OK in that it is seeping gases.
You either need a new battery, or just keep cleaning this one.
BTW, I just keep cleaning the terminal on my wagon {negative} and on my tractor {positive}.
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Jimmy L.
'05 Acura TL 6MT 
2001 ML430 My Spare
Gone:
'95 E300 188K "Batmobile" Texas Unfriendly Black
'85 300TD 235K "The Wagon" Texas Friendly White
'80 240D 154K "China"  Scar engine installed
'81 300TD 240K "Smash"
'80 240D 230K "The Squash"
'81 240D 293K"Scar" Rear ended harder than Elton John
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