Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

BLyttle

5 Things You Must Know About 60 Second Binary Options

Recommended Posts

The latest trend in the extremely exciting field of binary options is the 60 second binary

options. Binary options are already preferred by a lot of traders and if statistics are to be

believed, the 60 second binary options have improved its popularity by many times. Because

it is a relatively new option, there are many questions regarding risk, suitability, profitability

and nature of 60 second binary options that investors are having. The following pointers will

help in solving all those queries –

 

1. Comparison With 15 – 60 Minute Binary Options – An unofficial rule for any

kind of trading is that the sooner you get out of the market, the lower the chances are

of you losing any money. Although this isn’t true for all situations, a volatile market

like that of binary options shows patterns of adhering to this rule. However, that has

gone for a toss because of the 60 second binary options. You can go anywhere in 60

seconds because the time is even lesser than 15 minute and 60 minute options.

 

There is no scope for making any error because the risk is a lot more than 15 – 60

minute options but as you know, higher the risk, higher the reward. Another thing is

that with the standard trades, not only do you need to find out the right time to enter

the market but also the right time to exit it. Binary Options free traders from that

decision and its hassles. You just need to find your execution time and nothing else.

The 60 second option further reinforces this principle.

 

2. Kind Of Traders Who Trade In 60 Second Option – Obviously, the scalpers will

benefit greatly from these options because they make profits (or losses) from small

fluctuations that occur in a relatively small period of time. The best way in which

a scalper can gain is by trading on the bid-ask spread by buying at bid price and

selling at the offer. The short time period exactly matches the scalpers trading style

of not holding any position for a long period of time. It is also important to note that

the profits scalpers will make would be rather low when you compare them to long

position holders. Although if you wish to avoid such a situation, seeking assistance

from binary brokers can be of great help.

 

3. Less Uncertainty, More Comfort – For day traders, the longer the time they hold a

position, the more uncomfortable it becomes. The idea is simple – when you follow

a trend, you will notice that it goes up for a while and then down and then up but less

than last time and so on. The main reason for this is the time factor involved. The less

the time, the less the chances are of other forces acting up. However, this factor is

nullified as the time period increases because then the uncertainty level increases too.

 

Hence, for day traders, binary options of 60 second time period are like a blessing

 

because of the low uncertainty.

 

4. Marginally Higher Profits – Not only are the profits a little higher than standard

trading, because of the lack of uncertainty, your profits are locked at a precise point.

This greatly benefits the trader because you know where you stand and that really

clears matters.

 

5. Trading Strategy To Follow – There are some basic strategies you could follow in

60 second binary option trading. One of them is the news based strategy. Since the

time period is so short, any small news makes great ripples in your trading. Positive

news would push your profits up. Also, over time, the market would realize that the

news is rather insignificant, which would again plummet the market downwards. But

you would already have gained 65 – 75% till then.

 

Also, if you are trading with a large amount, the fluctuations influence you more so.

However, scalpers and other day traders usually do not involve themselves with large

amounts, so you don’t need to worry about this if you one of them.

 

Whatever position you hold, in 60 seconds, the position reverses itself eventually but not fast enough for you to not have gained something. For any more information, you can visit this site about binary options.

Share this post


Link to post
Share on other sites

I have done this crap before and it definitely didn't go well. if you listen to the brokers, they make it look so easy and you feel that you can never loss. but if you start, the reality will be done on you. I won't recommend 60sec binary to anyone whatsoever. it is total crap.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

    • By millonmethod
      Hello everyone!
      I am an advanced trader, with many years of experience (about 15 years - 10 living exclusively from this)
      I am going to give you some tips that you must know:
      There are going to be many people who tell you that trade is easy, that with only crossiing a line  with another one you will win a lot of money.... and that´s not true.  No, Sir, reality is far away from that. Many people who start arrive here with the hope that someone "gives them" a free method, they watch youtube videos thinking that this will give them the "strategy" and in a few days they realize that it does not work for them - they lose money - and then They go looking for a new one ... and so on. YES, IT´S TRUE YOU EARN IN TRADING, A LOT. BUT THINK: for a few to win (10% + any BROKER) many others must lose (90% people). YOU MUST HAVE A MONEY MANAGMENT FORMULA ( you can email me) People study so many years to live on this, not because they are dumb, but to know what they do, when, and have absolute effectiveness. It´s very easy to get lost here: do not disperse, jumping from one to another strategy WILL NEVER give you money, it will only waste your time and make you nervous when trading. PEOPLE WHO CHANGE THEIR METHOD CONSTANTLY : LOOOOSE ALWAYS.   If you have the knowledge to develop it, take your time and do it.  Always try it first on DEMO for at least 2 weeks! If not: search to buy a solid strategy (no you tube videos pleassse ! Avoid losing money! ) This is like any business, it requires some capital to start (capital = money in the broker + solid made /purchased strategy) If you are lost: I RECOMMEND YOU NOT TO WASTE TIME IN YOUTUBE, JOIN PEOPLE WHO HAVE EXPERIENCE AND IF YOU ARE GOING TO BUY A METHOD ... PLEASE !!!! DO NOT BUY 10 BAD AND CHEAP METHODS, SAVE MONEY AND BUY ONLY 1 BUT EXCLUSIVE AND MUST ALLWAYS HAVE SUPPORT !!!!!  Do not buy Signals! They never keep up with constant profits! One week will win and the next will lose. Nothing that does not depend absolutely on you will give you the money you are looking for. And if you do not have a strategy (made or purchased) do not even try PLEASE PLEASE PLEASE: DO NOT USE REAL MONEY! AT LEAST 2 WEEK DEMO FREE HELP HERE!!!!!  IF YOU FOLLOW MY ADVICE YOU WILL BE PART OF THAT 10% WINNER, email me.
      Have a nice trading day
       
       
    • By George_wilson8
      I invested 60% of my retirement payment on Coin Bull and Paperex with the mindset of getting it multiplied and enjoying a better retirement life. It was sweet and smooth from the start, withdrawals were easy and consistent until it gets to a point I started to be denied withdrawals and that was how I lost all money, I couldn't get my investment amount back not talk of the bonuses. I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. God so good to my old self and family, I later met with a certified binary options recovery expert that helped me recover my money within 5days from the brokers(Coin Bull), it was worth it, he was able to retrieve my funds. If you have found yourself in same situation as me you can contact the expert on '' Hacknet1seven1( A T)p r o t o n m a i l ( d o t c o m )" also he can render any other desired hacking services, I can assure he would be able to help you just as he helped me, you can give him a try if you don't mind. Binary options brokers shouldn't get away with this.
    • By George_wilson8
      I invested 90% of my retirement payment on binary options with the mindset of getting it multiplied and enjoying a better retirement life. It was sweet and smooth from the start, withdrawals were easy and consistent until it gets to a point I started to be denied withdrawals and that was how I lost all money, I couldn't get my investment amount back not talk of the bonuses. I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. God so good to my old self and family, I later met with a certified binary options recovery expert that helped me recover my money within 5days from the brokers(paperex.com), it was worth it, he was able to retrieve my funds. If you have found yourself in same situation as me you can contact the expert on '' Hacknet1seven1 ( A T ) protonmail ( d o t c o m )" also he can render any other desired hacking services, I can assure he would be able to help you just as he helped me, you can give him a try if you don't mind. Binary options brokers shouldn't get away with this.
       
    • By trading4life
      Hello, My name is trading4life.
      I just joined this forum.
  • Topics

  • Posts

    • Can I use this EA on my Hotforex platform? How do I do that? 
    • Why are Market Wizard's insults and humiliations tolerated with impunity whereas our replies are sistematically banned? Just curious.
    • Bitcoin (BTC) Consolidates As Bears And Bulls Tussle Above $9,400 Support Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has failed to break above $10,400 overhead resistance. The bulls made two unsuccessful attempts at the resistance. In the recent one, the bears took the price to a low of $9,290 and then pulled back above $9,400. In the interim, the price is fluctuating above $9,400 and approaching the high of $9,800. As the bulls have failed to push above the overhead resistance, the pair may commence a range movement. Nonetheless, it is anticipated that if the bears break below the $9,400 support, selling pressure may resume. Meanwhile, BTC may continue the range-bound movement. BTC/USD – Daily Chart Daily Chart Indicators Reading: After the downward move of Bitcoin, the Relative Strength Index has also fallen to level 52. This simply means the coin is above the centerline 50. In other words, BTC is in an uptrend and it is likely to rise. Price broke the support line of the ascending channel. The uptrend will be in proper perspective only when the bulls break into the ascending channel. BTC/USD Medium-term Trend: Bearish On the 4- hour chart, Bitcoin now trades between $9,400 and $10,200 after the first breakdown at the $10,400 overhead resistance. The bulls tested the resistance at $10,200 twice , before the downward move. The large bearish candlesticks tested a low of $9,290. However, the small body candlesticks that follow are called indecisive candlesticks. BTC/USD – 4 Hour Chart 4-hour Chart Indicators Reading Presently, BTC is trading above a 25% range of the daily stochastic. That is the coin is in the bullish trend zone. The 21-day SMA and the 50-day SMA are sloping horizontally indicating a sideways trend. General Outlook for Bitcoin (BTC) From every indication, if the bulls fail to push above the overhead resistance, the price action in October and November will repeat itself. For the past three days, BTC is still fluctuating above $9,400. Instrument: BTC/USD Order: Sell Entry price: $9,700 Stop: $9,900 Target: $8,400 Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results Source: https://learn2.trade 
    • The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00 EURJPY Price Analysis – February  21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term Trend: Ranging The EURJPY rebound from the level of 118.46 continues to advance from the previous session, but today it has stalled. Super-speed acceleration claims that a decline from 122.87 level could have ended in three waves to 118.46 level. However, the support level formed by the intersection of the moving average of 5 and 13 at 119.90 level can support the exchange rate during the trading session on Friday, while greater advance can continue from the level of 115.83. EURJPY Short term Trend: Ranging From an analysis of the 4-hour time frame, the intraday bias is now on the rise for a resistance level of 121.15 at first. The breakthrough will be aimed at 122.87 high levels. On the other hand, a breakdown of the secondary support levels of 119.99 could change the bias towards lower testing to retest the low level of 118.46 instead. Instrument: EURJPY Order: Sell Entry price: 121.00 Stop: 119.66 Target: 121.47 Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results Source: https://learn2.trade 
    • What makes InstaForex a good choice is that it is a reliable binary options trading platform so the trader would not have to dread anything if he decides to choose this platform.  They offer a 24/7 consultancy support. The exclusive online support facilitates the trader to get all the help that he has been looking for so far. This means that if the trader has any questions he can put them up ready to reach a solution to his problems. InstaForex provides trading binary options on currency pairs, cryptocurrency pairs, metals, and CFDs on shares.   InstaForex Broker 2.000$ Forex / Binary Options No Deposit Bonus! Crypto Trading Available! https://binaryoptionsfree.eu/review/instaforex-broker-2-000-forex-binary-options-no-deposit-bonus/
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.