Binary Options 60 seconds trade
Whether you are new to the world of options or not the name of the game is simple; will a selected stock move up or down in the market by the time your selected option expires. It is this simple base that is the key to the success of options trading as an alternative to the more traditional methods. Primary to this success is of course the speed at which you can perform trades in comparison to the normal way of buying stocks and holding them. Binary options take out the requirement of holding stocks for a simple system of trading against them. This way traders can follow market trends, strategize, plan, plot and otherwise data themselves into a frenzy, buy an option and see the result within a limited time with the option to repeat at any moment. But what if a day, a week a year or even an hour is too long and you are looking for something with a little more instant result? This is where the 60-second option comes into play. It does exactly what it says on the tin by offering an option with a 60 second expiry timer. Other than that it remains very much a typical binary option.
For those more interested in the nitty gritty of trading in options the average payout rate for a 60 seconds trade option is around the 75% mark (platforms may vary but all perform to a very similar standard). To save you the time of doing the math yourself it roughly means that you need to win only 57% of the time to break even which, in the trading world, is something pretty good.
Is it really as good as it sounds on paper?
To be honest there is no easy answer here. Many traders look for different things from their options trades but if you are looking for the fastest most exciting way to involve yourself in the world of market trading then this is your one-stop shop for fun, thrills and excitement. If you use some of the more innovative platforms then you can be sure that your money really does have a change of some super quick growth.
Do you trade differently to more traditional option?
No. 60-second trades are exactly the same as their longer duration counterparts and use there same pool of either assets, currencies or commodities linked to your chosen platform. All normal binary trading rules apply and you should deal with them as such.
Does strategy mean anything in a 60 seconds trade?
Without a doubt yes, yes and yes again. One sure way of losing money is to do any type of trading without thought, data analysis and strategy, even in 60 seconds trade. The most common cause of failure among traders who deal in 60 seconds trade is a lack of planning and taking the simple gamble approach. It is just like the old adage: If you fail to plan, you are planning to fail.
Binary Options 60 Seconds Trade. Is there a downside?
Yes and no. One of the better parts about fast trades is also something of a weakness in terms of information access. With the rapidity of 60-second trades comes an information leak due to the very limited time frames available which means that systems such as the signal provider service cannot be utilized.
Leave the comments
Hey, tell me the honest broker, where you can apply 60 Seconds Trade stratagy. Best regards
You better ask in what broker you can not use this strategy. In the market there are many binary options brokers wich apply this type of trading. Choose the best