60 second binary options are for traders who want to be active in the market and see results quickly, as these options expire in a minute you can make hundreds of trades per day.
As with traditional binary options, if you believe the asset will be above the current price 60 seconds from now, you will buy a call option. Selling. An accurate valuation will earn you a predetermined amount of money, usually between 60 and 70% of the money you trade. (Plus you’ll get the money you made on the trade back). Choose the wrong one and you’ll lose the amount you put in the trade.
60 seconds starts the second you trade, so if you trade at 9:45:15 AM, your binary option will expire at 9:46:15 AM and 60 seconds later.
Figure 1 Binary Options 60 Seconds
source: EasyXP
Figure 1 shows a screenshot of a 60 second binary option. The payout is 67% in this case and the target price is the current price. You want to click âHighâ or âLowâ (not shown), which is equivalent to choosing a call or Answer the call if you think the rate will be higher than the target price in 60 seconds, the 60 seconds will start as soon as you lock in the trade, often brokers will provide other short term services as well, in this case if you click on the drop down menu. You can choose 60 seconds, 120 seconds or 300 seconds.
Trade 60 second binary options with these brokers.
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General Risk Warning: Your capital is at risk.
* The amount will be credited to the account in case of successful investment.
strength
The main advantage is that you can trade as much as you want, theoretically you can trade every few seconds or generally as fast as you can click the mouse, this allows you to take advantage of the short-term opportunities you see. Without worrying about finding an expiration time that suits your time frame, simply click to buy call or call and wait 60 seconds. short
From a 60 trading standpoint, the second binary option allows you to effectively take advantage of strong market movements. If for example EUR/USD has a very strong morning while you still need time to join the opportunity at EUR. /USD will remain strong 60 seconds from now, so these options allow you to quickly jump into the market and exit trades before a major reversal occurs. Consider when strength may decline, warning you it’s time to step back.
This allows you to seize all possible opportunities and maximize your daily profit potential.
weakness
While you can trade a lot in a day with 60 second binary options and potentially make a lot of money, âovertradingâ is common among new traders who want to try to catch every move of the market. Good setups often take time to develop, so with 60 second binary options you might get distracted by mediocre setups or bad trades.
The payouts of 60 second binary options are also lower than other common types of binary options in the area. 60% which means you must have a very high win rate when trading, if you lose 100% of your capital you trade with losers and only do 67% (ex) with your winners you must win 6 out of 10 trades for breakeven (small profit in this case)
last word
60 second binary options offer loading opportunities and provide the opportunity to seize short-term opportunities Ideally, 60 seconds binary options should only be used for that opportunity in the short term There is a big risk of trading binary options. This type of leverage is too much because of the possibility of instant gratification or if you lose the opportunity to ârevenge tradesâ that you try to make up for the losses, this usually doesn’t end well. The lower money also signals that these options should be used sparingly, in the long run you will need to win about 6 out of 10 trades to break even, for a good profit your win rate must be higher. That’s difficult if you set up too many trades or trade moderately, as with any trade, the trade quality is set over volume.