60second Binary Options Short Trading

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60 Second Binary Options

As the online trading environment continues to modernize, we are constantly seeing new innovations with the different ways traders can profit from the financial markets. One of the newest examples of this can be seen in 60 second binary options, which offer a contract expiration period of one minute. Since their introduction, however, the 60 Second option has become widely popular, and a large variety of trading brokers now offer this trade to their clients.

To be sure, 60 Second options are not right for all traders. This type of trade requires a careful approach to money management and an ability to spot potential trading opportunities the moment they occur.

Factors to Consider When Trading

Before entering into these types of trades, it is important to consider a few factors. First, and possibly most important, is the need to have a strong familiarity with your binary options trading platform. It should be clear that you will not want to place your first-ever trade (and risk your hard earned money) on a platform that you have not tested.

After you are completely aware of how to open, close, and adjust your trades, you must next test the platform’s efficiency. Here, you are looking to make sure that your platform is capable of executing you trade at the exact time and price you are expecting. Without this, even the smallest price movements can start to become very costly and erode the balance of your trading account. It also important to make your test trades on a demo account so that no money is needlessly wasted.

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The final areas of consideration come with the trading parameters themselves, which will form the basis of your trades. You will need to be aware of which asset you are looking to trade (for example, a stock, currency, commodity or index) and the expected price direction (either increasing or decreasing in value). From here, you can choose your price levels (strike prices) and your total trading sizes (the amount of money in your trading position. It is important to have all of these parameters thought out beforehand, as you will not have much time to change your positions with a 60 Seconds binary option.

Managing Risk in Fast Moving Markets

At this stage, the 60 Seconds options trade is one of the fastest ways to make trades in any trading system but this also means that it is possible to encounter losses just as quickly. Because of this, risk management becomes even more important. One positive aspect of these types of options is that you will be able to trade in increments of $10 for each trade at 24option, and this allows you to limit your risk in fast moving markets. As a general rule, it is not recommended to put more than 2% of your trading account into a single position at any one time, and this is especially true when dealing with 60 Seconds options.

Conclusion: Chances for Quick Profits

60 Seconds options are one of the newest additions to the trading markets but it is important understand some of the key factors involved before any real money is put at risk. Since these markets move so quickly, it is important to test your platform station with a demo account, in order to ensure trading accuracy and efficiency.

Additionally, proper risk management techniques must be employed to ensure that you do not drain your account balance in a short period of time. While these are extremely fast moving markets, it is important to take a conservative and logical approach so that overall gains can be realized on a consistent basis. As always, you must make sure that you are only risking money that is appropriate proportionally, according to the size of your trading account. This will allow you to make a larger number of trades over the long term.

***Your capital may be at risk. This material is not investment advice.***

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60 Seconds – Binary Options Short Term Trading

Online investing is getting popular than ever and traders are enabled to invest in various types of financial instruments, depending on their preferences. Traders can choose from vast amount of trading options, that include CFD trading, binary trading, forex trading, scalping, swing trading or similar.

Each type of online investment has its own benefits and it asks for the different type of trading strategy. The type of investment also varies upon the amount of risk trader is willing to accept. In this article we have chosen to discuss short term trading – also known as 60 seconds binary options trading.

In further text, traders will find out more about this short term trading type and how to maximize their profits with this trading option.

Why is 60-seconds Trading so Attractive for Traders?

60-seconds trading is mostly attractive because of extremely high profits. The reason for this short-term option to be so profitable is because it is very hard to predict the values of assets in just 60 seconds. Besides very high profits, 60 seconds trading gained so much popularity among the biggest binary brokers. If you are searching for a reliable broker that provides 60seconds trading, you can try trading with Banc de Binary, 24option, Opteck, IQoption etc. In order to keep constant profits with 60 seconds trading, traders need to create a real trading plan they will follow.

Along with brokers, 60-second trading is also available with several binary options robots where traders can activate this feature and include it in their trading plan. Traders who are not trading experts are recommended to trade with binary robots first because this way their robot will take over in spotting potential trading opportunities.

Consider These Facts Before Trading 60seconds

In order to be successful in trading with this short term option, traders must consider some important factors before they start.

If you are are a binary newbie, it is highly recommended to first find out how trading platform looks like. Register for free with one of the brokers (you can do it with brokers we have mentioned earlier) and try to get demo account first. Investing hard-earned money without knowing anything about the trading platform or its features is usually not a very good idea.

Instead of starting unprepared, traders are recommended to register with a demo account and to test the platform first. Demo accounts usually provide the same trading features so traders can get the feeling for real trading. Demo accounts welcome traders with virtual money.

Demo accounts enable traders to learn about the efficiency of the certain trading platform, they allow placing trades on underlying assets and to get a feeling on how short-term trading looks like.

How to Start Trading 60 Seconds?

This short trading option enables traders to place trades on various assets available on broker platform. Traders need to decide if the market direction of a certain asset will rise or fall. There are two ways traders can trade 60seconds trading, manual or automated.

If a trader has decided to place trades manually, he must register with a reliable broker of his choice, make a deposit and decide which assets he will trade. Manual trading implies that traders have a certain amount of trading experience and knowledge about binary options and short term trading. If the trader doesn’t make predictions on some financial calculations, his results won’t bring him any benefit. Traders that choose to trade manually are usually trading experts that have a high level of knowledge in this field.

Those who would like to invest in 60seconds trading but don’t have a clue on how to generate signals on their own, they have the opportunity to do it through binary robots. One of the robots that supports short-term trading with reliable binary brokers is Binary Options Robot. By trading with binary robots, traders can create their trading strategy and focus on trading assets.

Besides trading with Binary Options Robot, traders can choose to trade with different expiry times, not just short term trading. Traders are also welcome to diversify their trades by trading with multiple brokers and to invest in different assets. Find out more about trading with Binary Options in Binary Options Robot review.

How to Manage Risks While Trading Short Term Trades?

It is highly attractive to trade 60second trading because of the high return rates. Short term trading is also more interesting because traders can get instant profits and they can place many trades on various assets.

When it comes to managing risks, traders usually limit them by defining what amount they plan to invest per every trade. The general rule in binary options short term trading is that traders don’t invest more than 2% of their investment amount. If traders take care of their risk control management opportunity to make profits will be bigger.

Trading with binary software enables traders to set preferred amount for every trade, so basically they can make a trading plan where they will define the amounts they are willing to invest.

Conclusion: Trade or Not to Trade 60seconds Binary Trading?

Traders have to be informed about the high risk they will encounter when trading 60seconds trading. It is not impossible to profit from this short term options, it just takes more effort to predict if the value of the assets will rise or go down. We all know that market is based on frequent and volatile movements. When trading with 60seconds options, traders have to build their risk management and create their own strategy in order to become successful in this binary options niche.

If you are a passive person and still don’t have much trading experience with 60second trading, we recommend you to try trading with Binary Options Robot first. This user-friendly binary robot will take care of all complicated things you are not familiar and let you decide on trading assets, investment amounts, and risk level.

As proven by the experience, traders like to trade 60seconds because they present quick and profitable to make profits. Traders don’t even need to have deep knowledge about specific financial calculations, they could choose to trade with a robot instead.

1-minute (“60-second”) Binary Options Strategy: 14 of 18 wins

On Monday, I broke from my normal routine of trading 15-minute expiries from the 5-minute chart in favor of “60-second” binary options. For one, I simply felt like breaking things up a bit for my own enjoyment. And two, I know that many traders are into this fast-paced alternative, as it’s now offered by many offshore brokers. Therefore, introducing some 60-second trades into my blog can serve to lend some advice on how I would approach these.

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Normally, I do not trade 1-minute options first and foremost because the payout is relatively poor (70%). Also, it is more difficult to be as accurate with these trades as the 15-minute trades, due to the inherent level of noise on the 1-minute chart, in my opinion.

In other words, when trading 60-second options from the 1-minute chart, you’re dealing with a very small amount of price data encapsulated in each candlestick, and one minute of price action is relatively inconsequential in the grand scheme of things. That said, I believe that it’s fully possible to make sound trading decisions regarding what may happen to the price movement in the next minute.

Basic 60 Second Strategy

My basic strategy toward 60-second options goes as follows:

1. Find support and resistance levels in the market where short-term bounces can be had. Pivots points and Fibonacci retracement levels can be particularly useful, just as they are on other timeframes while trading longer-term instruments.

2. Take trade set-ups on the first touch of the level. When you’re trading instruments that have a high level of noise inherent in the eventual trade outcome (like “60-second” options), I believe that taking a higher volume of trades can actually play to your advantage.

For those who are not familiar with the way I normally trade the 15-minute expiries from the 5-minute chart, I normally look for an initial reject of a price level I already have marked off ahead of time. If it does reject the level, this helps to further validate the robustness of the price level and I will look to get in on the subsequent touch. Expectedly, this leads to a lower volume of trades taken in exchange for higher accuracy set-ups.

60 Second Trades Lead To Higher Trade Volume

But since the inherent noise in each 60-second trade is so large to begin with, I believe trading in higher volume can actually work to one’s benefit in that it helps to even out the accuracy fluctuations that come when trading such short-term instruments.

To provide a baseball analogy, a hitter who normally maintains a batting average of .300 (i.e., he makes it on base with a hit on three out of every ten at-bats) may go through a ten-game stretch where he only bats .100. On the other hand, in that same span, he might hit .450. But over the course of a 100+-game season, it’s expected that with enough at-bats, his true skill level with regard to hitting will be accurately revealed. It’s a “regression to the mean” type of concept.

As such, if you’re trading 60-second options and only taking 1-2 trades in a 4+-hour session (i.e., being super conservative), it’s likely that you’re going to be waiting a very long time before your true skill level at this form of trading is revealed to your attention.

You may not even have an effective strategic approach to 1-minute options, and it would be unfortunate if you went over a month of trading this instrument before you begin to realize that that’s the case once your profit curve (or ITM percentage) starts to take its appropriate shape. That said, don’t overtrade by taking set-ups that aren’t actually there. That’s far worse than even choosing to trade at all.

3. Don’t blindly trade all touches of support and resistance. Continue to consider price action (e.g., candlestick types and formations), trend direction, momentum, and things of that nature that come with personal exposure to how markets of your interest behave and furthering your trading education to continually become better.

But without further ado, I will show you all of my 60-second trades from Monday and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots.

Trade History Using 1 Minute Expiry

#1: 1.32817 had been the high for the morning and formed an area of resistance. On the first re-touch of 1.32817 I took a put option on the 1:54 candle. This trade won.

#2: Similar to the first trade I took a put option on the re-touch of 1.32817. This trade also won.

#3: A third put options at 1.32817. This trade lost, as price went above my level and formed a new daily high.

#4: Price formed a newer low at 1.32715, retraced up to 1.32761, before coming back down. I took a call option on the re-touch of 1.32715 and this trade won.

#5: Basically the same trade as the previous one. Price was holding pretty well at 1.32715 so I took a subsequent call option and won this trade.

On the 2:26 candle, price made its move back up to the 1.32761 resistance level. On a normal move, I would take a put option there, but momentum was strong on the 2:26 candle (nearly six pips) so I avoided the trade.

#6: Several put options almost set up on the 1.32761 level, but none materialized at the level. So my next trade was yet another call option down near where I had taken call options during my previous two trades. However, since 1.32715 had been slightly breached before, I decided to instead take a call option at 1.32710 instead. I felt this was a safer move as just half-a-pip can be crucial in determining whether a 60-second trade is won or lost. This trade won.

#7: Put option back up at the 1.32761 resistance level. This trade won.

#8: Call option down at 1.32710 (where #6 was taken). This trade won. However, the minute after this trade expired in-the-money, the market broke below 1.32710 and formed a newer low at 1.32655.

#9: This trade was a put option at 1.32710, using the concept that old support can turn into new resistance. Nevertheless, this trade did not win as price continued to climb back into its previous trading range.

#10: I decided to take a put option at the touch of 1.32817, which was the level at which I took my first trades of the day. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward. But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1.32817, I took the put option and the trade worked out.

#11: Another put option at 1.32817. This trade won.

#12: For this trade, the high of day initially made on the 2:13 candle came into play – 1.32839. I had intended to take a put option at this level on the 3:22 candle, but price went through it quickly and closed. And then for maybe 10-15 seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry. So I’m glad I missed that trade, as it’s one that would have lost.

I did end up using the 1.32839 level on a call option, though, given that previous resistance can turn into new support. This trade won.

#13: 1.32892 was now currently the high for the day and had formed a recent resistance level. I took a put option on the touch of the level. This trade won.

#14: Similar to #12, I used 1.32839 as support once again, and it produced a winning trade.

#15: Once again, I used the current daily high of 1.32892 as a resistance level off which to take a put option. But price busted through and this trade lost.

#16: Another fifteen minutes passed by before I was able to take another trade set-up. This time, I used 1.32892 as a support level (old resistance turning into new support) to take a call option. This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. It turned out to be a winner.

#17: For put options at this point, I had an eye toward 1.32983 (the new high for the day), but price consolidated twice at the 1.32971 level forming a line of resistance. So I decided to take a put option at the touch of 1.32971 on the 4:28 candle. This trade turned out to be a nice four-pip winner.

#18: My final trade of the day was a call option back down at 1.32839, where I took the same set-ups for #12 and #14. This was another good four-pip winner.

After that I was waiting for price to come up and see if 1.32892 would act as resistance, but it never touched. Also, I was feeling a bit fatigued by this point and decided to call it quits for the day.

Conclusions On This Strategy

Overall, I did pretty well for my first day trading 60-second options, going 14/18 ITM. But, in general, I have faith in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to apply it to any market or timeframe. I also enjoyed toying around with the 1-minute options, as it was a new experience, and I would definitely consider adding more 60-second option days into my regimen in the future.

Where Do I trade?

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