60 second binary option
60-second binary options are for traders who want to be very active in the market and see results fast. Since these options expire in one minute you can Can do hundreds of trades in a day.
Like traditional binary options, if you believe an asset will exceed the current price in 60 seconds, you buy a call option. seconds, you would be buying a put option. % (plus you get the money you placed on the trade back). Choose the wrong one, and you lose the amount you placed on the trade.
You initiate the trade in 60 seconds. So if you place a trade at 9:45:15 AM, your binary option expires at 9:46:15 AM, 60 seconds later. It happens.
Figure 1. 60 second binary option
Source: EasyXP
Figure 1 shows a screenshot of some 60 second binary options. In this case the payoff is 67%, and the target price is the current price. You will click “High” or “Low” (not shown) which is equivalent to selecting a CALL or PUT if you think the rate will be above the target price in 60 seconds. The 60 seconds start as soon as you lock in your trade. Often the broker will also provide some other short term expiry. In this case, you can also select 60 seconds, 120 seconds, or 300 seconds if you click the dropdown menu.
trade 60 second binary options with these brokers
| Broker | regulated | minimum deposit | Payment | Bonus | |||
|---|---|---|---|---|---|---|---|
 |
Binary.com |  |
$ 5 | 90% | “go to | ||
 |
high Low | $ 50 USD / $ 10 AUD | 200% | $50 CASBACK | “go to | ||
 |
IQ Option | $ 10 | 91% * | “go to |
लाभ
The main advantage is that you can trade as often as necessary. Theoretically you can trade every few seconds, or basically as fast as long as you can click your mouse. This allows you to take advantage of any short term opportunities you see, without worrying about expiration times that suits your timeframe. Just click to buy a put or call and wait 60 seconds. Trade multiple assets and you can have multiple trades open at a time, all expiring within very short time frames.
From a trading perspective 60 second binary options allow you to effectively capitalize on strong market moves. If for example the EUR/USD has a very strong morning, while you still need to If you need to time your entry, chances are EUR/USD is still going to be strong for another 60 seconds. Therefore, these options let you jump into the flow of the market and exit the trade quickly before a major reversal occurs. Is, warning you that it is time.
This allows you to seize every possible opportunity, and potentially reap some huge daily profits.
damage
While you can day trade 60 second binary options and potentially make a lot of money, you can lose a lot. “over-trading Common among new traders who want to try to catch every market move, but are not likely to make trades with a high probability of winning. Good set-up Ups often take time to develop, and so using 60 second binary options can distract you from mediocre or bad trade set-ups, missing the good ones.
Payouts on 60 second binary options are generally lower than other traditional types of binary options, in the region of 60 seconds. This means that you will get a much higher win rate when trading If you lose 100% of capital on losers, and make only 67% (for example) on your winners, you will need to win 10 to 6 trades. Gotta win for (small profits in this case).
last word
60 second binary options provide potential weighting, and a way to seize short term opportunities. Ideally, 60 second binary options should be used for just that. – Seizing high probability short term opportunities. There is a huge risk of over-trading these types of binary options because of the potential for instant gratification, or if You lose the possibility of “revenge trading”, where you try to recoup the loss. This usually doesn’t end well. < span class="notranslate"> The lower payouts also indicate that these options should be used sparingly. In the long term you need to win 6 out of 10 trades. To make a decent profit your win rate should be high. This is difficult if you over-trade or trade with averages. Let’s do set-ups. As with any trade, trade quality set-ups over quantity.