Best Two Binary Options Strategies for Trading

Best Two Binary Options Strategies - Binoption

Best Two Binary Options Strategies for Trading - Binoption

Are you still wondering if binary option strategies really work?

Need to know the best strategies for trading binary option?

Well, there is no single best binary option strategy.

The call is left to the trader as the strategies depend on their trading style.

There are different types of binary option strategies in the market.

While some are simple other are very complicated and technical.

Though understanding binary options is easy, understanding strategies is comparatively tough.

Unless you have prior trading experience getting to know about binary option strategies, interpreting and creating it will be difficult or almost impossible.

Most of the people who go through these articles will be beginners to binary option trading.

Thus the strategies will be discussed in simple and easy terms.

While some platforms offers dozens of trading strategies with 3 to 5 indicators;

We believe it more about the understanding of the technique rather than using making unknown techniques on your trading activities.

Now let’s take a look at two preferred strategies by traders for binary option trading:

1. Trend Following Strategy:

This is one of the strategies used by most of the traders and it is one of the most used strategies.

This is the best strategy that is very easy to understand as well as easy to put into practice.

And to top it all this does not require any analyzing of charts or indicators.

In binary option trading, trader find it difficult to interpret charts and graphs, however as this strategy does not have such requirements, most trader are following it.

This is reason why it is called as trend following strategy.

To get to know more about the strategy, you should firstly know what is trend.

This is analyzing and interpreting the movement of the market into charts.

The upward and downward flow of the market will help traders to understand the volatility in the market by just a glance.

Instead of going through report and documents, a trend chart can share high level view of the information within couple of minutes.

When the trend shows upward curve it means call or long of the trade and when the trend line goes downwards it means put or short of the trade.

Long is buying and short is selling.

When a market is moving both upward and downward simultaneously it is considered as neutral trend.

In neutral trend the profit will be marginal,

Traders are keen to have strong market volatility.

This way they can easily make profits on their trading activities and investment.

Along with trend lines, charts and graphs are used.

Even these will help to interpret the market movements in a diagram format.

Indicators such as the bars or candlesticks also should be used by traders to know how things work within couple of minutes of market fluctuation.

The trends chart also will keep fluctuation, thus it is crucial that you invest as soon as you are done with your investigation.

If you are planning to do all your investigation and interpretations now and then invest only tomorrow, there is no guarantee on the return even if your research was absolutely right.

The reason for this is what you see now will not be the trend after 30 minutes.

So the decisions and actions should be very fast and smart.

Trend strategies will help you with the below:

They will give a clear picture of the present trends
Helps to predict the future movement of the trend be past flow
On the basis of this you can choose the length of the trade
Traders can decide will assets will help in quick returns
Control overbuying and overselling of underlying assets
There will certain control in the financial market

2. Support and Resistance Strategy:

Amongst the long list of binary option trading strategies, support and resistance strategy is the favorite for most traders.

The reason for this is a lot of automated trading systems are developed with the help of support and resistance strategy.

This is also frequently used in stock and Forex market.

This strategy should be used with certain criteria and the same is informed below:

Use during neutral trend:
When there is no or very less volatility in the market it is called as neutral trend.

It is actually very difficult for traders to make money in this trend.

However with the help of support and resistance the market is controlled.

The best example for this is when nobody is expecting any sudden change in the financial environment and there is no awaiting market news.

Platform:
Having a platform installed in your computer is the basic necessity to use support and resistance strategy.

Simply open a binary option trading account to start enjoying the features of strategy which is offered at an absolutely free cost.

Time bars:
There is certain frequency in which the support and resistance strategy should be used.

Though it is as per trader’s choice, it’s good to have the frequency for about 15- 20 minutes.

This time is sufficient for an experienced trader to book the traders as per requirement.

Indicators:
These are available for free of cost and at charges.

It totally depends on the broker the cost and quality of the indicators.

Both signals and indicators will be of good quality only if the broker is reputed, reliable and legitimate.

So basically this support and resistance strategy will try to control the prices from being shooting up too high or falling too long.

The profit in this will be pretty decent and not exceptional as there is block on either sides when the market goes up or falls.

The strategy mainly works when you are in the verge of having breaking news and still waiting for the breakout.

When price of trading asset is striking a resistance the trader should choose Low or PUT.

Because price “prevents” value from rising continuously and it is quite likely that on next candlestick or bar the value would fall.

March 4, 2017May 2, 2019

Binary Options Training Programs in Detail

Binary Options Training Programs - Binoption

Binary Options Training Programs in Detail - Binoption

Trading binary option is always a wise decision.

Irrespective of whether you are into low budget investment to looking to invest a lot, binary option is a great platform.

This article will help you understand why to choose binary options courses and what are the advantages of choosing binary option trading courses.

Around 7-9 advantages of binary option trading courses are discussed below.

This will help you to take a decision whether you need a course and is it worth for the money spending.

The list of advantages of binary options courses are below:

1. Cost:

Irrespective of what type of trader you are, the first and foremost thought would be what the cost for binary option courses is.

Of course, it is not offered as a free service at most places but there are certain brokers who offer coaching and training modules for new trades.

There are thus free modules as well as paid modules.
It is up to each person to decide if they are looking for basic information or advanced details.

Basic understanding of binary options can be availed through free service.

However for in-depth knowledge or intermediate and advanced levels some brokers will charge for the service it is most likely a onetime subscription.

2. Video Conference:

Most of the courses are made available in the form of e-books and video.

These are considered as the easiest way of learning binary options.

Irrespective of how many books you read, unless you go through a video or have an experience of trading, the depth of knowledge will be limited.

Also while you are learning, you might come up with some questions and doubts with regard to what you are learning.

Thus to make sure you get enough opportunity to grasp the most of the modules and courses video conferences are by brokers and experienced traders.

3. Live Trading:

In this type of courses, the traders will be using live trading accounts to show you how trading works and what are the things that should be considered.

Through this method it is easy to learn and once the course is complete you will be more comfortable and familiar with the site.

Things can be learnt in real time and you will also get a glimpse of how quick things work in the live market.

Traders should be extremely fast and wise while making any decisions with relation to binary option trading.

4. Individual classes:

Individual classes are offered, this way the whole focus is given to one person and it will be easy for the learner to pay attention.

In case of any doubts and clarifications, it can be cleared then and there like right on the spot.

Classes can even be tailored according to the needs of every student.

5. Experience:

Irrespective of going through all the e-books and training modules, the information gained directly from an experienced trader will be different.

For example if the person who is training you has 5 years of experience, it can be shared and this will not be available in books.

The learners will also get an option to use the trading platform of the trainers to trade with their guidance.

Experience is always an advantage in binary option trading.

Brokers will offer additional features for experienced traders as compared to newbies.

6. Post course assistance:

Very rarely you will get assistance from trainers.

But most of the binary option training courses offer post – course assistance to the students.

It is certain that they will have doubts once they start trading on their own.

At this stage if someone can handhold and give them instructions, it will be more like a friend in need.

This assistance can be expected if you sign up for a binary option trading course.

7. Rules and discipline:

Among the various modules of training, one module is full dedicated to take the students through rules and disciplines of trading.

Regardless of the market, results will not be consistent on binary option investments.

Irrespective of what strategies you are using, the strong foundation lies in the discipline of the trader.

8. Improvement classes:

It is quite common that there could be a need for the trader to improve his skill set and trading style and for this if they feel they need an external assistance.

It is possible to get in touch with training course for improvement course.

Through this you can get advanced information to upgrade your trading skills.

9. Demo account:

By now you would have heard a lot about demo account.

But it is at times you need to go through a course to learn what all scenarios should be tested in a demo account.

It is essential to test all scenarios in a demo account before taking any decision.

All these can be offered through a perfect binary option training course.

It is offered at free of cost by most of the brokers. If possible make use of this option and get yourself prepared for trading binary options.

These are the reasons why binary option is a success.

Those who take these courses have seen positive results in their trading activities.

If you ever feel down and unhappy with your trading, instead of thinking of exiting from trading;

Make use of the courses to learn new techniques and tricks to bring positivity to your trading activities.

It is not easy to get exclusive services of this kind, thus it is it made available for free of cost, grab the opportunity and make the most out of it.

The advantages mentioned above summarizes why there is a lot of demand for these type of courses and the best part is, it is still offered at free of cost at most place.

Only few broker offer initial classes at free and the rest are charged at 150 USD or EUR per extra class.

In any case, even if you have to pay for these classes, it is worth for the benefits reaped out of the same.

March 4, 2017January 23, 2023

DoubleUp Strategy For Binary Option Trading – How It Works

Double Up Strategy for Binary Option Trading - Binoption

Double Up Strategy For Binary Options Trading: How It Works

Double Up Strategy is newly offered by many binary options brokers. Binary Options is a popular form of trading among all kinds of traders.

There is a constant demand for trading strategies. This strategy is an advanced feature of Binary options. Today, we will discuss the DoubleUp strategy and how this strategy works for Binary traders.

Binary Options offer traders a unique form of trading through a yes/no proposition. There are many advantages of trading binary options. High profits, short trade times, easy setup, and various assets are some of the top reasons.

It is high time to trade binary options because regulatory bodies taking heed of this trading instrument. Countries that have previously restricted are now welcoming binary trading with open hands.

However, first, you need a good, reliable, and trusted broker’s platform to trade binary options. A regulated platform will give you a safe and secure stage for trading.

This includes all the technical analysis you carry out and all the trading features that you use. Double Up strategy is one feature you can use for increased profitability.

Among the different strategies that you use in your binary options, the double-up strategy is the easiest and rewarding. But there is an equal element of risk.

At first, let’s discuss a little bit about trading strategy in brief.

Why Do You Need A Strategy For Binary Options?

Since binary options are all-or-nothing in nature, you either win a big payout or lose your investment. Simplicity doesn’t mean reduced risks.

That being said, having a proper trading strategy will ensure a limited loss. Think of having a trading strategy as a blueprint for trading success.

It lays out exactly what asset to trade and invest how much. You will know exactly when to place the trade and at what expiry time.

You will also know the risks associated with the trade and the ways to manage them. Using a proper strategy, you can read the market and predict when to enter the trade.

Analyzing trends, finding breakouts, determining the support and resistance levels, and using appropriate indicators all fall under strategy creation.

We all know the 80/20 rule in binary options. The fact is that only 20% of the traders make money with binary options while the rest lose money.

What do you think this 20 % of traders do what the rest don’t? The answer is simple; they form an effective trading strategy to save their money from draining.

We always recommend traders to learn binary options trading first from scratch and then focus on strategy formulation before starting live trading.

“Without strategy, execution is aimless. Without execution, strategy is useless.” -Morris Chang

Therefore, form and pick a trading strategy, and then act upon it. You will find yourself drowning in profits.

In this article, we will discuss the double up strategy and the execution process. It is favourable for beginner traders, easy to execute, and profitable.

What is the DoubleUp Strategy?

As the name suggests, this strategy involves doubling up on your profits. And what if we told you, it is possible with the click of a button!

True! it is simple to execute. However, when and for which trades should you execute it is a whole another story.

So what is this double up strategy?

Double Up is nothing but a feature that binary options brokers provide. This feature enables you to double your initial investment with a single click. And at the same time, it will double your profits.

Without having any mathematical degree, you can apply this strategy in your trading. Mainly this strategy will allow you to open another trade after a specific time.

Not all brokers offer this feature and hence not all binary options can avail it. You can check your binary options trading platform for this feature.

It is usually marked as “x2” or something similar to that. It depends from broker to broker.

How It Works - DoubleUp Strategy

With the help of double up strategy, traders usually double their return percentage. This feature can be used in the trades where you are ” in the money”. Moreover, it is wise to use when you have enough funds in your trading account.

In trading platform, there is a window for you to execute the double up move. This usually happens 5-10 minutes before the expiry time of the trade.

After clicking the double up move, the investment amount will instantly increase twice in number. At this point, the return percentage and risk will also be doubled.

For example, you are selecting the EUR/USD pair. After analyzing the market, you predict that the price will go up. So, you have to click the “double-up icon” before the offer times out.

At this point, you can see a new position. If everything goes right as per your prediction, then you will get a double potential payout.

Depending on the market condition, you can either win one contract and lose another, or win and lose both contracts. Remember, binary options trading is an easy process to make money from home.

How To Use the DoubleUp Strategy? Things To Keep In Mind

In this phase, you will get to know when to use this feature and when to avoid it. After losing a binary options trade, your losses are doubled as well.

Therefore, treat this feature as a double-edged sword. You can only use this strategy in one trades that you know you will win.

Before starting the trade, you should wait and check the market movement. If you are sure that the market volatility will remain the same, then you can start trading.

However, with binary options, it is quite hard to predict whether you will win the trade or not. And this is where analyzing the trading charts come into play.

So if you were thinking you could double up on a winning trade just seconds before it ended, you can’t. Brokers are not that naïve. They would go broke if that were the case.

The optimal use of this strategy would be to understand the market. Price charts have wave-like motion. The price keeps falling and rising due to several factors.

However, there are occasions when the price movement is linear in direction. Either up or down. And it tends to stay like that for a short while. You need to analyze when such a situation occurs and avoid them.

Lesser the volatility, the easier it is to predict the market.

Final Words

The DoubleUp strategy is a great way to increase your trading profits. Where you could have earned $500 as the payout, you end up earning $1000. So, it’s a great feeling when doubling up pays off.

However, it doesn’t mean you should always use it. Especially, when trading assets that you are not too familiar with.

Use indicators and try to analyze the trend before you entering your trade. Only use the double up feature when you are quite certain you have the trade-in your bag.

It is better to earn your usual payout rather than losing twice your initial investment.

March 4, 2017July 25, 2019

Be an Expert in Binary Options in Your Own Style

Be An Expert Binary Options Trader - Binoption

Be an Expert in Binary Options in Your Own Style - Binoption

Binary Options may seem effortless for an expert binary options trader. They are those who are aware of what they are doing. Binary Options is no different to other forms of trading.

Success in trading doesn’t happen randomly. You need to follow a systematic routine of well-thought-out actions that will lead to profitable trading.

Becoming an expert in binary options is no ordinary task. It will take years of trading and perfecting your trading system to make consistent profits.

An expert binary options trader has the right trading mindset, proper risk management, and a solid strategy. By solid strategy, we mean knowing exactly when to enter and exit a trade, the exact time frame, trading the right assets, and performing accurate technical and fundamental analysis.

However, oftentimes traders keep losing even after ensuring the above prerequisites. What could possibly go wrong then?

It’s because traders go against their trading style in order to fit in with a strategy they are trying to follow. Novice and intermediate traders try to mimic top traders to get the same results as they do.

The problem is there is no guarantee that you will get the same result as them. If you are wondering why, it’s because their trading style doesn’t match with yours.

We’re not condemning you to follow top traders and their strategies. In fact, the very concept of social and copy trading is based on this premise.

What you need to do, is trade solely based on a trading style that suits with you. This will sustain in the long-term and bring you continuous profits.

In this article, we show you exactly how to just that: be an expert binary options trader in your own style.

Different Styles Of Trading – Find Out The Best One For You

By different trading styles, we basically mean the differences in trading duration. Everything is centered around this single metric. The frequency of trades, the strategy deployed, and the investment amount.

Binary Options are mostly traded short-term but that doesn’t mean you have to do it as well. If you are someone who prefers to hold on to positions then you may very well do so.

Based on trading duration, there are five different styles of trading. They are:

Day Trading

Day trading is basically opening and closing a trading position within the same day. In this style of trading, multiple trades are carried out in a single often aiming for small profits.

It involves trading with expiry times as low as 15 seconds or 60 seconds to a few hours. Day traders aim to find the smallest opportunities in the market and exploit them.

Who should go for it? Traders looking to make multiple trades a day targeting small gains.

Swing Trading

Swing trading works similar to day trading except the fact that the trade duration is not limited to one day. It may last anywhere from two-six days depending on how long the trend lasts.

If it is an uptrend, traders would buy a call option and if there a downtrend, traders would buy a put option.

Who should go for it? Traders who can analyze trends well, and can identify support and resistance levels early.

Scalping

Scalping is the shortest form of trading among all styles of trading. It is even shorter than day trading. Many experts argue scalping and binary options go hand in hand as binary options are generally traded with short expiry times.

Scalpers make multiple trades per day with the hope that the small profits add up considerably at the end of day.

Scalpers perform technical analysis mostly. They generally avoid fundamental analysis except in cases where there is a major announcement of a company that would cause a huge price fluctuation.

Scalpers use the smallest time-frames such as a five second chart to observe the smallest price deviations.

Who should go for it? Traders who are willing to undertake risks making hundreds of trades per day.

Trend Trading

Trend traders are long term traders that open positions lasting a series of uptrend or downtrends.

They open positions with the belief that trends will continue to go in that particular direction resulting in larger profits. Such trades may last for a few months or even a few years.

Who should go for it? Traders with immense patience and confidence that their trend should continue.

Position Trading

Position trading is the exact opposite of scalping. Where scalpers capitalize on the smallest price fluctuations, position traders ignore such minor changes and focus on the long term price movement.

Their positions usually last for a few years where both fundamental and technical analysis is involved.

Who should go for it? Long-term traders with mountain of patience ignoring minor price changes.

Now that you know the different styles of trading and which is one suitable for whom, you know to pick your own trading style.

Tips To Become An Expert With Your Own Trading Style

By now we have established that maintain your own trading style is quite important to achieve success in trading.

Other than your concept on binary options must be concrete. Read our definitive guide on binary options and learn all the features of binary trading

We can now move to the next phase of becoming an expert binary options trader while maintaining our own unique way of trading:

Pick your trading style according to your convenience

“I like day trading because X top trader is also a day trader”

This should never be your approach to trading.

If you are someone who can’t spend a lot of time trading, then avoid short-term trading.

If you are someone who’s very impatient, then don’t consider long-term trading. Pick your trading style based on your strengths and weaknesses.

Adjust your trading strategy based on your style

If you are a scalper, it would be counter-productive to trade with a long time-frame. You also need the right mindset to go with your trading.

If you were a position trader, you would need to think long term and develop the patience to hold on to your position.

This would result in you developing your habits and personality to go along with your trading style.

Stick to your selected style of trading

Often times, traders get frustrated when they don’t see the results that they expect. This results in them changing their trading style altogether.

Instead of analyzing what they did wrong, they keep switching up to see changes. Only sticking to your suitable trading style, you will become an expert binary options trader.

However, if you see strongly believe changing your trading style will bring in improvements, try the changes first on a demo account and then switch if it works.

Final Words

The aim of this article was to help traders become an expert in binary options while maintaining their trading style.

As a trader, you should strive to maintain your ‘trading personality’ to make the act of trading natural and effortless.

Whether it be swing, scalp, day, position, or trend trading, choose the one that you are the most comfortable with and stick to it.

Failure to develop a signature style trading style results in traders failing to sustain profitability.

Persistence and endurance will ensure you will slowly transition from an average trader to an expert in no time.

March 4, 2017January 23, 2023

Ways to find Binary Options Strategies Without Losing Money

Ways to find Binary Options Strategies without Losing Money - Binoption

This article will help you to understand how to find the right binary options strategies without the risk of you losing your hard-earned investment.

Finding a suitable strategy as per your requirement is always time consuming. It also needs a lot of analysis and backtesting.

As each trader is different and their style of trading is also different. Therefore, it’s not possible to recommend one single strategy for everyone.

Binary Options Strategies without Losing Money

We all have different styles of trading. Some prefer long term, some prefer short-term, or even scalping. Therefore what may work for me may not work for the rest.

The primary rule here is that your trading strategy must be centered around your trading style. We have discussed 6 trading styles for binary options previously.

So once you have sorted out your style, we can consider all the trading strategies that suit your style.

Once this segregation and consideration is done, you can start testing various strategies to check its level of performance.

This way you will not waste money through testing unwanted strategies.

If you are new to binary options trading, the situation can be more critical. The losses due to testing not – useful strategies will threaten your budget.

Binary option brokers have come up with a way to solve this issue and it is one of the easiest ways to understand if the strategy works for you or not.

Here you can use the same assets, same trading environment, and experience trading without the risk of losing money.

You will get the same features, payouts and other calculations remain the same.

And the only twist is you will be trading with virtual money in place of real money.

Demo Accounts to Craft Strategies:

This demo account is offered for free by most brokers. This is actually the ideal platform where the new traders can test their strategies and experienced traders try out new strategies.

Demo trading binary options is absolutely risk-free. You can afford to lose money but at the same time learn trading skills.

As real money is not involved there is no loss of investment and at the same time, there will be no returns. If you win your trades, there will be no payouts.

But through this, you can gain confidence in your strategy plus understand if there are any discrepancies that need to be fixed before trading with this strategy in the life market.

You can try as many trades as you want until you feel comfortable with your strategy or for gaining trading confidence.

A demo account is a must for any beginner trader to learn binary options trading.

Try all binary option trading styles and create a list of strategies that you feel comfortable and will generate profits.

While trying and testing make sure you have tested different types of strategies that can be used at different market conditions.

This will save a lot of time when you actually want to trade something very quickly when the market is volatile.

Once you have done enough testing, you can start trading with the confidence that you can make profits with real money in a live trading environment.

The best brokers that offer demo trading are:

Master New Binary Options Strategies:

While your old trading strategy may have borne great fruits at the beginning, there will be a time when you will have to update your trading strategy.

Your strategy must adjust with the price movement to help you accurately predict the market.

Like we previously stated, you can utilize the demo account for formulating new strategies.

Come up with some new and innovative binary options strategies to start making money in the best possible manner.

Before creating a strategy you should have the knowledge of what types of assets are traded, which option types are used at different scenarios.

This basic information is crucial to determine whether to trader low or high or no touch options.

Learn To Use New Indicators:

If you want to earn profits greater than what usually traders are earning then you must have something exclusive to trade in the market.

Information is available to all traders. Everyone has the right to choose their own asset and trading style.

But what makes the different is what you trade, when and how.

When market moves according to your predictions, that’s when you win trades and earn money.

Technical analysis plays an important role in making these predictions. Indicators are used to provide multi-dimensional information such as trading volume, trend, breakout points, etc.

You should know which indicator to be used for which strategy.

If this application is right then there is 70% chance that your strategy could work.

Rest 30% depends on the assets you choose, your predictions and the actual movement of the market. This 70-30 rule is just an approximation and doesn’t always hold true.

The close your prediction and market movement is; higher is the return and vice versa.

Types of Indicators to be Used for Various Strategies:

Knowing which indicator to be used for which strategy and market scenario will help you to get one step forward that other traders.

Gap types, reversal patterns and continuation patterns are used for Complex candlestick formations and Simple candlestick formations.

The Pivot points,on-balance volume and channel lines etc. are used for lagging technical indicators and lending technical indicators.

To draw conclusions from price chart, trend lines and other similar indicators are used.

With the right combination of these two, you can have sophisticated predictions that are exclusively yours.

Thus the return you earn will be different from others in the same market conditions.

There are certain traders who trade their predictions to make money.

Once you turn to be successful traders, peers will be attracted to know your trading style and will be willing to adapt the same.

At this time, you can come up with unique strategies that can be sold for a price to other traders or you can also make money by customizing strategies as per their needs.

Not every trader will have this skill, thus those who have this nurture in them cannot just trade and make money but also through alternatives such as selling the strategy in itself.

Invest time to craft your own secrets for trading and for making huge money, this way you can stand out from other traders.

March 4, 2017January 23, 2023

60 Seconds Binary Options Strategy: Know the Advantages

60 Seconds Binary Options Strategy - Binoption

60 Seconds Binary Options Strategy: Know the Advantages

In this article, we will discuss about the 60 seconds binary options strategy and the advantage it offers.

Before we delve into that, we need to realize the importance of having a solid strategy in our trading regimen.

Without a strategy, we are like a sailor without a compass. You may have one or two lucky trades but that’s about it.

To be successful in the long run, you would need an effective money management system backed with a profitable strategy.

Why Do You Need A Strategy For Binary Options?

We’ve all heard how binary options are simple and easy to understand and execute. Then why do we need all these analysis and strategy formation?

The truth is binary options may be simple but they can be quite risky at the same time. If you understand the basics of binary options, then you will know if you lose a trade, you lose your initial investment.

There is no “in-between” in trading binary options. You either turn out profitable or you end up in a loss. The exception to this would some brokers allowing you to exit prematurely from a trade.

In any case, the difference between earning a payout, and losing all your investment is an effective strategy.

Another reason for forming a strategy would be the variety that binary options offer. There are multiple assets in binary options such as forex pairs, crypto, commodities, shares, etc that are all unique in nature.

You cannot apply the same strategy for different assets and expect success from it. Hence, carefully choosing your strategy is crucial.

Once you have a successful strategy in your arsenal, you will start to eliminate emotions from decision making and instead base it on logic.

Your trading mindset will evolve as well and you will start realizing the role trading strategies play in your trading game.

In our s trategy sectio n, you will multiple trading strategies for binary options. Our today’s choice of strategy is the 60 seconds Binary options strategy. Let’ see what it is.

What Is The 60 Seconds Binary Option Strategy?

To explain in simple terms, forming a strategy with your expiry time set to 60 seconds is the 60 second binary options strategy. That’s all there is to it really.

Why choose such a specific expiry time when binary options offer expiry times ranging from 5 seconds to all the way to up to a few months?

Well, firstly, short-term trades are preferred by binary options traders. It is more prevalent than long term trades. Therefore, there is a demand for these strategies.

Other reason follows the previous point. Due to the high demand, you will find many effective 60 seconds binary options strategies that utilize a multitude of indicators.

Now that we know the basics, let us see for whom is this strategy suitable.

Who Should Implement the 60 Seconds Strategy?

Irrespective of the popularity of this strategy, it is not for every trader. Let’s analyze what kind of traders would prefer this way of trading:

Short-term traders

This is a no-brainer. Any trader that prefers short expiry times (< 5 minutes) will enjoy this way of trading. These kind of traders look to make short-term gains on the assets they trade

Act on small market movements

For these kind of traders, the 60 second strategy is perfect. They can make the most from these minor ups and downs and gain profit from either call or put options.

High-volatile asset traders

If you trade high volatile assets such as crypto, then this approach of trading is perfect you. Granted, it is a bit risky, but if you know your market and technical analysis, you will make money from trades others wont.

Crypto like Bitcoin following the aftermath of major news, undergoes rapid price changes. Often, by a couple hundred dollars in the matter of a few hours! 60 second trades works great in such situations.

High frequency traders

There are traders who perform multiple trades in a single day. For them, the 60 second time-frame works perfectly.

With this time-frame, you could perform hundreds of trades or even more. It depends on your trading needs.

Who Should Avoid This Strategy?

Not all traders should go for this strategy and expiry time. The kind of traders that should avoid this strategy includes:

Newbie Traders

It is wise for new traders to choose a bigger time-frame when starting out. One minute maybe too short of a time where he can analyze the trade.

There are a lot of things to consider and evaluate and in haste, they may make rash decisions. If they wish to trade short-term, they can first practice it in a demo account and then implement it in real trading.

Long-term traders

For long-term traders, the 60 seconds strategy is of no value. They will never with such short expiry times, as they are in it for the long run.

Traders dependent on trading signals

Traders who either subscribe to trading signals or follow any kind of trading signal service to know whether to buy or sell should avoid this strategy. By the time you receive the signal and execute upon it, it might be too late.

Interested in higher payouts

Traders who wish to receive high payouts should avoid this way of trading as the payouts are usually 10%-20% lower than trades with higher expiry times.

This means, as a trader, your win-rate must be higher than a long-term trader. Again it proves the point that beginner traders are better off trading with higher expiry times.

Advantages of The 60 Seconds Binary Options Strategy

With everything considered, the 60 seconds strategy has certain advantages to offer. They are listed here:

Execute multiple trades

With such a short time frame, you can carry out hundreds of trades per day. Even if you aim for small profits, they add up as a big profit granted you are trading correctly.

Gain trading experience

Repetition is the key to gaining experience and expertise. When your trading frequency is this high, you will gain valuable insights and learn faster than long-term traders.

All you have to make sure is you don’t over trade.

Make the most of market movements

Markets that move rapidly have volatile movements in a short period of time. You can take advantage of this and grab every opportunity of going with the trend.

Spend less time trading

When your trade duration is long, you have to monitor the market, keep an eye on the events related to the asset you are trading.

In essence, your time is dedicated to that trade as long as it doesn’t finish. But in the case of one-minute trades, you have to be alert for that minute and then you are free from it.

Final Words

In this article, we learned the requirement for a strategy in binary options. The 60 seconds strategy is a popular way of trading in binary options and we analyzed for whom is suitable and what kind of traders should avoid it.

We then learned the advantages that this strategy has to offer. To summarize, if you are a short-term trader looking to perform multiple trades, you should try this form of trading.

If you want to take advantage of tiny up trends and down trends, then this strategy is for you. Keep in mind that you need a decent win-rate to end up positive. And off course, just because you can execute hundreds of trade in a single day, don’t engage in over trading.

Popular indicators to use to form a strategy includes MACD, bollinger bands, RSI, etc. Form a strategy based on your trading style.

Remember that 60 seconds is not any magical expiry time guaranteed to make you rich. You can explore other short periods such as 30 seconds or 5 minutes.

At the end of the day, the goal is to stay in the money.

March 4, 2017January 22, 2023

How to Evaluate Your Binary Options Trade: Things To Mind

Evaluate Binary Options Trade - Binoption

How to Evaluate Your Binary Options Trade: Things To Mind

As a trader, you have to keep certain things in check to ensure profitable trading. One of the most important task of a trade is to evaluate his trading. In this article, we will explain how you can evaluate your binary options trade.

Once your start doing this, you will see the results yourself. Without further ado, let’s start.

Evaluate Binary Options Trade: Start With a Trading Journal

Ask any successful trader how they make money from trading. Granted, you will get multiple answers, but the common one that every trader will tell you is they maintain a personal trading journal.

Here, they record details of every trade they make. Every trade that you make must contain the following information:

Underlying asset that you trade
Time and date of when you make the trade
Trade direction: Call or Put
Entry price, exit price
Amount invested in the trade
Risk management measures
Profit/Loss incurred from the trade
Additional comments related to the trade

In the earlier days, traders used to record these in a notebook. This practice is maintained even now by some old-school traders.

However, with the advent of technology, traders now maintain their journal electronically making use of spreadsheets and screenshots.

In any way, a trading journal is the stepping stone to evaluating your binary options trade.

Make it a routine, either weekly or monthly to assess all your trades. Find out how many mistakes you have made and how you can avoid them in the future.

Measuring Your Trading Performance

Measuring your trading performance is a part of evaluating your binary options trade. Think of it as your output.

However, your profit and loss isn’t the only thing that matters. There are other key performance indices that you need to keep track of.

Most traders don’t get a complete picture of their trading because all they focus is their profit and loss.

Some brokers provide you a monthly trading performance report where you will get a comprehensive analysis of your trading activities.

Off course, you won’t need all the information that is present there as it may overwhelm you. Some of the metrics of the monthly trading performance that you need to keep an eye out on the following:

Number of Winning Trades

This represents the total number of trades you have won over a certain period of time. For simplicity, let’s assume you have performed 100 trades during last month.

You have won 56 of them which means you have a win-rate of 56%. This metric is very important because it ensures the effectiveness of your trading system.

If you are not satisfied with your win rate, you need to evaluate your trading decisions then. Eliminate what’s not working for you and add new measures if you have to.

Number of Losing Trades

Just like winning trades, you need to keep an eye out on the losing trades as well. Following the previous example, out of the 100 trades performed, 56 resulted in a profit and the remaining 44 ended up in a loss.

Since Binary Options are a yes/no prediction based trading system, it means the 44 trades you lost were wrong predictions.

As a trader, you need to analyze what went wrong in those trades. This is where your trading journal comes in handy again.

Look at all the details of that trade and make the necessary changes so you won’t repeat your mistakes again.

Take it as a challenge to reduce your loss rate lower every month.

Net Profit

You need to focus on your net profit instead of gross profit. The difference between them is the deductions of all expenses related to the trades you make are taken into account.

Net Profit = Gross profit – Total cost

For example, of the 100 trades you performed, your gross profit amounted to $10,650. Taking account of all the costs, it amounts to $1600.

Therefore, your net profit amounts to $9050. Net profit is directly correlated to your trading performance. Higher your profits, better your performance.

However, this doesn’t show the complete picture. Compare 2 traders A and B. A is a small time day trader who performs multiple trades per day.

He has a 90% win rate from 50 trades and his net profit is $2300. His positions are small in size and hence his net profit isn’t as high as you imagined.

On the other hand, trader B performed 10 trades in the same period of time and won 6 of those trades. He is a big time trader so his positions are usually large in size. He has a net profit of $4500.

So the question is, since trader B has a higher net profit than trader A, is he the better trader?

No. A has a better win rate than B and in the long run, A will outperform B in terms of profit.

Therefore, evaluating your binary options trade is not just about net profit like we mentioned earlier.

R - The Profit Factor

R is a profit factor to measure profitability. Previously, we have seen that win rate is a better performance metric than net profit.

R is an even better measure of performance because it accounts for the absolute value of your trading losses.

To calculate R, you need to divide the total value of your winning trades by the absolute value of your losing trades.

R = Total value of winning trades/ Absolute value of losing trades

Let’s explain with an example. Say you performed 5 trades. 3 of them were a loss and 2 were profitable. That means you had a win rate of only 40%. On paper, it makes you look like a bad trader.

But, let us take a look at the profit and loss amounts of the trade. The winning trades are: $3000, $1000 and the winning trade are: -$500, -$500, and -$700.

Your net profit stands at $4000 and the net loss stands at $1700. Calculating R, we get 2.35. If the value of R is positive, it means you are on the winning side. Keep in mind that you lost more trades than you won.

Therefore, R gives a clearer picture than both number of winning trades and net profit.

Final Words

Other than performance metrics, you also need to evaluate other factors related to your binary options trading.

These can include your broker. Is the binary options broker that you are trading with reliable enough? Is their platform responsive and swift to meet your trading demands? Can I withdraw my funds quickly without hassle?

These are the questions you need to ask regarding your broker. Here, at Binoption, you will get the best binary options brokers. With brokers like Binary.com, IQ Option, BinaryCent, and Olymp Trade, you can trade confidently, and with peace of mind.

Other things to do is evaluate your trading strategy. It is the backbone based on which you make these decisions. Read more about picking the best binary options trading strategy for your trading.

The main aim of trading is to make money. But at the time, you also need to set yourself targets to improve. And evaluating your performance is the best way to find out if you have improved or not.

"Even worthwhile endeavors need evaluation in order to determine if they have become distractions from the best goals."

Quentin L. Cook

March 4, 2017January 23, 2023

Pick Your Trading Strategy Now For Your Trading!

Pick Your Trading Strategy For Binary Options Trading

To be successful in binary options, you need to pick your trading strategy and you need to execute that strategy.

The common myth of binary option trading is that only those who are experienced can trade this instrument, but the truth is totally different.

There is no requirement to having any prior experience in trading binary options;

This is totally a unique type of trading with limited risk and option to offer maximum profits.

The skill to do this type of trading can be grasped within limited period. If offers a yes/no proposition which makes it simple to understand.

The main challenge about this trading is to predict in which direction the price of the asset will move.

The price of the asset is expected to either increase (call) or decrease (put).

To be successful, an effective strategy and a reliable broker along with persistence on your part is sufficient.

Minimizing risk is an important aspect for every trader. There are a few areas to concentrate for the same. A important one would be to not invest a considerable amount in a single trade.

Another one would be to do a complete research on the asset before you invest.

While trying an asset for the first time, research on it and try to understand its market movement.

These will not just decrease your risk of trading but will also safe guard your investment.

Though they are many assets in binary options, the most commonly used and considered type of trading is single asset trading.

Focusing on one asset at a time brings better results. Let’s discuss some commonly used binary options trading strategies.

Commonly Used Trading Strategies For Binary Options:

1. Trend Strategy:

Both experienced and beginners use this trading strategy frequently.

It is also known as bull- bear strategy and it is focused on rising, monitoring, declining as well as flat trend life of traded asset.

If there is a prediction considering the price of the asset will go up and flat trend line analysis to justify the same.

Though this binary option works similar to call / put option.

The only exception is here you can select the price at which underlying asset price do not touch a certain level.

It is also known as no – touch binary option.

2. Pinocchio Strategy:

When there is too much volatility in the market, this strategy is used.

Too much volatility means when the asset prices shoots up or fall this strategy is considered as the best option.

Candlesticks are required to perform this strategy. The candlestick that has a short body and a long wick is known as a Pin bar or a Pinocchio bar.

It is named after Pinocchio because every time Pinocchio lied, his nose got bigger, and the same applies here.

Longer the wick (nose), higher the probability that the asset price will move in a direction opposite to that of the original direction.

So when the wick goes down, you place a call option and when the wick goes up, you place a put option.

3. Straddle Strategy:

This strategy is also used during market volatility when the price direction is unclear. In a straddle strategy, a trader buys or sells both a call and put option.

It is a very simple strategy to execute and is beginner friendly. There are two kinds of straddle strategy: long and short straddle strategy.

Long Straddle: Here, the trader will purchase a put and call option at the same strike price and expiration date. For the long straddle to work, the market must be highly volatile.

Short Straddle: Here, the trader will sell both the put and call option at the same strike price and expiration date. For the short straddle to work, the market must be of low volatile nature.

Straddle strategy is one of the popular strategies used by IQ Option traders.

4. Risk Reversal Strategy:

This is one of the most used trading strategies by experienced binary option traders.

As the name suggests, the aim here is to reverse the risk by applying a technique similar to hedging.

A trader hedges his initial position by going in the opposite direction. Either one of those trades will turn profitable and hence the profits are limited with this strategy.

So if a trader places a call option on a asset that is bullish, he will also a place a put option just in case the market actually moves in the opposite direction.

5. Fundamental Analysis:

Fundamental analysis is the process of analyzing the market by taking economic, industrial, social, and political factors that influence the demand and supply of that asset.

Coupled with technical analysis, fundamental analysis will result in better accuracy in the predictions of traders and analysts.

It involves analysis that takes earning reports, financial statements and market share into consideration.

Technical analysis focuses on charts, while fundamental analysis takes a look at the real world factors. They have some other differences between them that we discussed previously.

Strong predication should be backed up with sufficient statistics.

You have to understand the correlation between these factors and how it affects the price of the asset.

For example, a high interest rate means, a stronger currency. And a stronger currency means that currency will perform better well compared to other currencies.

What this means is you can go long on that currency asset as its price is expected to rise.

If technical and fundamental analysis point to the same result, that means you are going in the right direction.

It is always wise to use a combination of the two and not just focus on one single form of analysis.

Final Words

Apart from the strategies listed above, traders can come up with other trading strategies as per their preference and market conditions.

These were just some of the basic strategies for binary options. You can consider these as gateway strategies to start options trading.

There are so many strategies for binary options that you can apply. At the end of the day, the trading strategy you apply must go along with your trading style.

Keep in mind that you have a clear understanding of the strategy that you are deploying. Blindly copying a top trader isn’t going to help you in the long run.

Trading binary options isn’t hard. It takes some basic understanding and accurate application of certain techniques. We will keep adding new strategies for you to experiment and use.

March 2, 2017June 13, 2019

In Binary Options How Does Trading Techniques Actually Work?

In Binary Options How Does Trading Techniques Actually Work?

Want to know how trading techniques work actually in binary options? Read this guide and get your answer.

With the help of trading strategy it is quite simple to make any decision on binary option trading.

Timing is the key for anything that is happening around; this holds the same in the case of this as well.

Strategies will help you with taking decision on when and which asset to trade, and find the entry and exit points.

With help of good strategies even an inexperienced trader can start trading binary options.

There will help some sort of disciple, good money management and thorough understanding of what can be done at which time.

This will help in having positive expectations along with cleat predictions.

Invest Based On Logic and Reasoning:

It is a known thing that traders will be more comfortable to invest money into something that has some logic applied to the predictions.

Investing money with the hope of luck will only lead to loss in long term.

Though it is possible, it’s not advisable to trade binary options based of no statistics like betting.

You need not have to be an experienced trader to come up with an excellent trading strategy.

If you have done good research and invested time to understand how things work in binary option trading, it is quite possible to be a young successful trader within no time.

Luck can turn to your side any time and if this is backed with some excellent trading technique, being successful will not be a question.

Do not fall for the unrealistic promises, if you are not very comfortable with trading.

Don’t invest and trade in live market, instead make use of the demo accounts that are offered to get yourself comfortable with trading new instrument.

Successful binary option strategy is equal to a technique that can make consistent profits.

Another important factor is how much is the total wins versus the total loss.

The payout of binary options is less than 100%.

Thus it’s more like an art where in the cards are played well to strike fair amount of wins versus losses.

The techniques and strategies will make use of repeatable trends and circumstances through which a trade can make maximum profit.

Also here is the list of things that should be considered before finalizing a broker.

Choosing The Right Broker: An Important Step in Forming a Strategy

Good Rating
Minimum deposit
Trade Amount
Payout
Bonus
Demo account availability
Forex trading
Mobile application
Regulated broker or not

While crafting trading strategies, do it in such a way that it suits the requirements of low span trades along with long termed trades.

You can even book 60 seconds trades and make a reasonable amount of profit.

But it is possible if you have a real good trading strategy.

Though there are many binary option trading strategies and techniques, some are complicated than the others.

However, it is up to the each trader to decide if they want simple or complicated ones for their trading style.

The more complicated and tough the strategy is, it will not be commonly used and the returns on it will be comparatively higher.

Most brokers offer tutorials and training for both novice and experienced traders.

However only few will be able to grasp the information completely and implement into their trading activities.

Those who enter this platform with high dedication and passion will invest time to understand how it works and would be willing to find customized strategies.

Traders will be offered with all types of signals and will have access to various charts that provide indicators.

But not all indicators are used every time. Traders will consider those indicators that are required to analyze their trading style.

In our binary options broker section, we review and list out the best performing brokers for you to choose from.

If you have a really good technique, then expecting 75% – 90% is quite a fair ask.

Beginner-Friendly Techniques and Strategies:

In this section, we are going to discuss some beginner binary options trading techniques that actually work.

MACD Entry strategy:

MACD stands for Moving Average Convergence Divergence- is an indicator used by traders commonly has it offers short term charts for its traders like the 5 minutes one.

Two moving averages are used along with a complete trend analysis.

Though this is be used in short term charts, it can also be used in long term charts for a better duration.

Trend is the friend:

In binary option trading this is a very trending one and commonly used by many traders.

Initially it takes some time to understand its working but the time that you invest at the initial stages is worth for the return you reap from it from the later stages.

The knowledge of how to use trend lines for analysis is essential in this strategy.

Also this can be customized to consider it clubbing with more complex ones- like a perfect customized hybrid binary option trading strategy.

1-2-3 system strategy:

Just like price action working on reversal, the system is relying on reversal patterns.

Most of the novice traders make use of this as it is a very simple and easily customizable type of strategy.

Apart from the usual ones, this is very widely accepted by novice trades as it has simple techniques that can be used by anyone even without any knowledge on trading in live market.

Irrespective of whether you learn or not, there are strategies that you should read.

You never know when a strategy comes to use and helps you win a trade.

While you are trading in full fledged in the future, having knowledge of what exists will help you to put the right strategy at the right time.

In this article, we learned how binary options trading techniques work and how traders use these techniques to make money.

March 2, 2017January 23, 2023

6 Styles Of Trading Strategies: Find The Best One For You

Styles Of Trading Strategies - Binoption

6 Styles Of Trading Strategies: Find The Best One For You

Binary options is one of the most popular trading trends since 2008. Are you willing to give it a try?

You need to know how to start trading binary options and which strategy to use.

Make use of this online guide to get all necessary basic information and best trading strategies that can be considered.

Jumping straight to trading without a strategy can prove to be disastrous for even experienced traders.

Without a strategy if you consider trading, it’s more like gambling.

There will be no logical reasoning for getting into a trade and thus it’s just betting on luck.

Whereas, if you follow some strategy that suits your style, there is high probability of making money. Moreover, according to the market conditions, you can amend your strategy to fit various needs.

Of course, you will need a lot of dedication, effort and investment (money and time), but once everything is set, you will reap regular benefits.

It is up to you to decide whether you want to trade or bet.

Trading is more with a set of techniques and strategies while betting is purely at the basis of luck.

Two Primary Binary Options Strategy Types

There are basically two types of strategies and the same are mentioned below for easy trading of binary options:

Betting model based strategies:

Irrespective of whether the traders have knowledge about the financial markets or not, they can trade binary options with this strategy.

This does not require any logical reasoning or analysis; it is simply based on luck.

Some traders will follow the news for betting their trades.

The information that is readily available is the major source for taking any decision in this type of trade strategy.

Suitable for: Inexperienced traders with little or no knowledge

Market behavior strategies:

Investment should be backed by statistical data and technical analysis.

While some trades do their own research others will look for information through various means and will scrutinize the same for any decision making.

It’s true that understanding the strategies is a bit hard but once you know how it works and has been mastered in it, there is very less chance of losing any money that is invested.

Understanding how the market behaves is crucial in predicting the price of the asset.

Suitable for: Data and market analysts, market news followers, traders skilled in technical analysis.

4 Popular Styles Of Trading Strategy

There are just 4 very popular styles of strategies that we will discuss here. Some traders follow just one style, while some traders combine multiple ones.

Our recommendation would be to be aware of all styles of strategy and use the one when required.

A. Fundamental analysis strategy:

The attributes or overall performance of the company is considered for this type of strategies.

Being a trader or investor in binary option trading everyone would be keen to know the balance sheet, cash flow statement and income statement of a company before taking any decisions.

Employee or business partner satisfaction is the other factor that is considered by traders before trading.

If there is low performance by employees who are dissatisfied with the company, the growth of the company for a certain period is in question.

Not many traders will be willing to invest when this is the case. In technical analysis, economic, industry, and company analysis is carried out.

B. Technical Analysis strategy:

Among options trading this is a quite popular one. With trading becoming more computerized, technical analysis garners more and more attention.

It is mainly considered with the study of any past parameters like charts, graphs and so on and it is used for forecasting the future events.

Though the information won’t be accurate, to a certain extent events can be predicted. Technical analysis completely dependent on past market data and uses trend lines, indicators to correlate the past data to predict the future price movement.

It is quite useful to make use of this readily available information in analysis and decision making.

Bollinger bands and Moving Average are the two of the most popular indicators used in technical analysis.

C. Basic Options Strategy:

Among option traders this strategy is very common.

This strategy is crafted to safeguard the investment without incurring any loss.

Here you can choose the asset or trading currency and wait to watch the movement of the same.

Once it is seen moving in favorable to your plan, you can accordingly book the trade and make profit.

This is the most basic form of trading that is used by traders and it is well accepted by novice traders.

D. Algorithmic and signals:

In this new era, finding an app that offers trading information and helps in analysis is pretty easy.

Apps that offer automated trading services and offer signals are in high-demand.

Binary Options signals will send you regular signals that tells you which asset to trade, at what price level, and most importantly when to open your position.

Automated trading robots are a form of algorithmic trading that trades for you based on pre-programmed algorithms.

Once the app is installed to the computer, gathering data and analyzing is pretty simple.

Most traders use this for technical and fundamental analysis.

The computer will make use of these to analyze the trading technique that can be used and will make use of this to execute a trade as per traders need.

These apps can be customized as per your needs; it will thus act just like your friend who can do everything about your trading as per your instructions.

No trade will be booked unless it meets all your eligibility requirements.

Thus your investment will be safe and can be used in only quite essential ones.

At present these are the best strategies that are used by the traders.

It is up to each trader’s choice to either choose this or to come up with a whole new customized one that can cater to all your needs.

Though these are very useful and are popularly used if you can spend some time to craft strategies specific to your needs that would work best for your trading style.

One other factor to consider is the binary options broker that you choose for trading. Not all brokers are suitable for trading and hence we recommend you Binary.com, IQ Option and BinaryCent that are tested brokers for hassle-free trading:

$ 5 Minimum Deposit

Regulated: Yes
Maximum Payout: 100%
Demo Account: Yes

$ 10 Minimum Deposit

Regulated: Yes
Maximum Payout: 93%
Demo Account: Yes

$ 250 Minimum Deposit

Regulated: Yes
Maximum Payout: 95%
Demo Account: Yes (Paid)

Just like investment options, trading strategies are plenty, however, it is essential to choose those ones that will give you consistent winnings.

New traders’ should research and test the strategies before finalizing and implementing into the live market.

Be smart and patience to pick the best one that suits your trading pattern and portfolio.

It is even possible to come up with hybrid trading strategies if you are technically very strong and experienced.

Don’t try to settle with something that is offered to you, instead find the technique that serves your purpose.