What do you know about options strategy 60 seconds?
There are several types of binary options trading, and one of the most popular among them is called 60 seconds or turbo options. Trading 60 second options has distinct advantages:
- the purchase of an option for a short period of time (from 60 to 120 seconds);
- high level of the profit paid – from 70 to 92% (depending on the conditions suggested by the broker);
- prompt receipt of payment (immediately after 60 seconds);
- the possibility of a quick profit at the slightest fluctuations in the price of the asset;
- minimal investment;
- the possibility of making a large number of transactions for the purchase of options, because each of them does not require a lot of time.
Trading strategies can provide quite high profitability for 60 seconds. Together with high profitability, risks also increase. The risks can be corrected for competent financial management account with a balanced and deliberate approach, if a trader chooses precise trading rules and carefully obeys them, choosing market entry points that seem to be reasonable.
What determines the choice of a strategy?
Choosing a distinct trading method for turbo options depends directly on your expertise level and a trading asset. Reducing the option transaction time period, the risk, which a trader takes, substantially increases.
Price change range for 60 seconds is quite small, so even slight noise defies, incapable in analysis methods logic, can lead to a change in the quotations and unintended from the chosen strategy point of view losses.
Strategies built on the principles of technical analysis. These trading techniques are similar to scalping. The aim of this work is to choose the direction of movement of the asset quotes on the minimum time intervals. The most popular technical analysis methods used to trade binary options are trend strategies that determine market direction at intervals of 1 minute, 5 minutes, 15 minutes with the confirmation of a signal at 1-hour interval. Technical analysis uses all kinds of tools, serving as filters for selection of CALL or PUT option, in order to predict the course of the movement direction. These are oscillators, reporting about the nearest price reversal, and indicators, predicting the movement of the market.
Strategies built on the principles of fundamental analysis, or trading on the news. This method allows determining the direction of price movement on the basis of coming according to the calendar economic news and world events. For each of the indicators of macro- and micro-economic parameters the forecast of analysts’ expectations is compiled, and if published news confirms it, you should buy an option in the direction in which the market moved after its publication. Since the pronounced trend after the news release persists for some time, the probability of a successful trade on the news with the right use of a trading strategy and correct interpretation of the news meaning can be quite high.
Financial betting. This type of trading strategies is built on the desire to calculate the mathematical advantage over the loss-making trades, and has nothing to do with technical or fundamental analysis. In fact, with this approach, it is not a question of a professional trade, as the terms applied here are “bet” or “betting” on where the course will move the next minute. These trading methods resemble a game in a casino or making rates in bookmaker offices.
Frankly speaking, 60 seconds binary options are quite hard to be analyzed or systemized and everyone who says the opposite, simply play hanky-panky.
What to do to open a deal on 60 seconds option?
- Choose an asset that you want to trade.
- Guiding by the forecast of the price movements, press the “CALL” if we hope for growth, or “PUT” if we pessimistically wait for the fall.
- Enter the amount of investment in the pop-up window.
- Check all the transaction parameters and press the “Start” button or similar to it. It should be borne in mind that during important financial news release many brokers are blocking access to the 60 seconds option. This is usually about 15-20 minutes before the news and the same after.
If we talk about the advantages of 60 seconds option, it is the only, but enticing – a flash expiration of the transaction. It takes only to predict where the price of an asset will move right now, and the next minute you win or lose. This is a unique tool for fast transactions and prompt win. The whole point of the game is that you can start and stop it every 60 seconds. It is interesting to open and close the deals at such a rate, and it is addictive.
You should remember that binary options themselves are the most risky type of investment. It is impossible to predict the movement of a roar in such a short time, correctly relying on a well-laid strategy.
The degree of risk is proportional to the time of investment in the asset. That is, the smaller the duration of the option, the harder it is to predict the outcome; it is more difficult to take into account random noise, respectively, the risk of being in the red increases.
60 seconds options often have nothing to do with the world market prices of assets and the price movement on it.
That’s all for now. Got any questions? Just ask the expert!