One of the most attractive features of binary options is the availability of different types of expiry times, ranging from 5 minutes, to one week to one month. 60 seconds binary options are a popular choice that allows you to trade hundreds of times a day.
Examining the 60 Seconds Binary Options Strategies
As such, you have the potential of making as many wins and losses in a day for just a small amount of premiums.
Even then, 60 second trading requires a bold trader. A lot can happen in one minute, demanding that you constantly stay ahead of your game.
This type of trading lets you leverage strong market moves. You can jump into a trade quickly and get out as fast before any major changes take place with the underlying assets. For example, if the JP Yen/USD is presently strong, it is likely that this currency combination will still be strong 60 seconds later, allowing you to capitalize on the market before the trends change. In turn, 60 seconds binary options traders are typically able to attain big daily gains.
What’s the winning strategy?
Sixty seconds trading works much like conventional binary options trading. You simply predict the movement of the price of an underlying asset within 60 seconds. A correct prediction will earn you a certain payout, while a wrong prediction will lose you the money you initially placed on the trade. The 60 seconds begin the moment you buy a call or put option and ends exactly sixty seconds later.
The truth is, there is no specific strategy that will help you win 99% of the time. When it comes to sixty second trading, what you really need to look out for as a trader is the implied volatility and the liquidity of the underlying. In terms of volatility, you need a good market that offers substantial money and many traders.
Volatility is crucial because with just 60 seconds, traders do not have the luxury of waiting it out, so to speak. By taking volatility into consideration, you will be able to get the signals in real time and move with it. At the same time, keeping abreast with the liquidity of an underlying asset allows you to trade based on the signals.
Due to the fast-paced nature of 60-second binaries, it is important for a trader to have a precise strategy. But, discipline is also an essential component of being successful with this type of trade. Although 60-second trading requires speed, being prudent about your trades is vital to your profitability.
OptionWeb now offers new modes of trading with shorter expiry times including 60 seconds, 30 seconds and 120 seconds.