Simple yet Effective 60 Second Binary Options Strategy

60_seconds_sThe online trading environment is continuously modernizing, thus we are continuously seeing latest innovations for the various ways traders can benefit from financial markets. One of the examples of this is 60 Second binary options, which provide a contract expiration time of 60 seconds or 1 minute. Since the introduction, 60 Second option has become very popular, and a large variety of trading brokers now provide this trade to their clients.

To be sure, 60 second options are right for all traders; this type of trade needs a careful approach to money management and ability to spot potential trading opportunities as they happen. But with a sure trading plan and the right market conditions, traders can use 60 Seconds options to make huge profits quick.

Indicators needed

What makes the 60 Seconds strategy apt for beginners is- all you need is one indicator, you don’t need a bundle of indicators that could likely make the charting solution hazy. The one indicator that is required is the Moving Average Convergence Divergence (MACD) indicator. The key role of the MACD indicator is to calculate momentum that is associated with trends.

How to Apply the 60 Seconds Strategy

The signaling process with this strategy is very straightforward and only needs two steps.

First Step: We need our blue MACD line to touch or cross through our white MACD line, this is the signaling process. In order to prove this we ensure there is a candle that correlates with the direction of the blue line.

Second Step: If our blue MACD line crosses our white MACD line upward then we place a CALL trade if we have a bullish candle above it, and vice versa for PUT trades.

Managing risk in fast moving markets

Today, the 60 Seconds options trade is one of the quickest ways to make profits in any trading system; however, this also means that it is likely to meet losses just as fast. Due to this, risk management becomes very important. As a key rule, when dealing with 60 Seconds options, it is not recommended to put more than 2% of your trading account into a position at once.

60 Seconds Vs Traditional Binary Options

Duration: Only 60 seconds to complete trade when trading 60 Seconds binary options. While on the other hand, in traditional binary options trading you get up to an hour to complete trade. Due to short duration of 60 Seconds you can place more trades in a given period.

When trading 60 Seconds binary options you trade on demand and in traditional binary options there is predetermined trading start times. Trading on demand gives you immediate entry in to position, the short term trends are easier to follow and opens consecutive positions.

Vote this post

0

Recommended posts

See our rankings of binary options brokers : Take a look at our comparison tool to see the best binary options brokers and compare welcome bonuses, return on loss, minimum deposit and maximum gain !

Введите ваши мысли

Расскажите нам, что вы думаете...
Если вы хотите картинку, чтобы показать свой комментарий, Вы можете получить Gravatar!

Введите ответ * Лимит времени исчерпан. Пожалуйста обновите капчу.

  • Loading stock data...