Binary options – trading 60 Seconds
What are binary options
Binary options is a financial instrument for trading without entering the interbank market. A broker who organizes speculative trading attracts funds from traders who open trades « up » and « down ».
Some of the trades will close with a profit, but there will be traders who lose money. The broker will pay compensation for successful forecasts from the money of the losing players. The remaining difference will be retained – it will be his income. If there are more profitable transactions opened for 1 minute than losing positions, the broker will pay the reward from his own funds.
In fact, the broker has a technical possibility to fake quotes. Having information about which way, up or down, a broker can direct the quotations on his platform, where there are less open positions, thus increasing his profit and decreasing financial risks.
Forecasting price movement for 1 minute when trading binary options is like playing roulette. Nobody is able to make accurate forecasts for such a short period of time even the most highly professional traders, who deeply understand the market and know how to use the tools for its analysis correctly.
Pluses and Minuses of Trading 60 Seconds
Advantages
- Multiple trades throughout the day;
- Quick profits;
- It is possible to trade based on indicators without fundamental analysis.
- The disadvantages of trading binary options for 1 minute:
Disadvantages
- high risks;
- It is impossible to trace several trading instruments at the same time;
- It is not possible to make accurate substantiated forecasts;
- Trading is not confirmed by objective market analysis.
- Risks and money management.
Best strategies for 60 second binary options
binary options strategy 60 seconds gives you opportunity to open trades for 1 minute are based on the use of indicators that simplify the analysis of the price chart and increase profitability.
Parabolic MACD Strategy
The Parabolic SAR trend is best indicator for 60 second binary options strategy uses dots that appear on the chart to inform about the direction of the trend or local corrections. The MACD oscillator indicates the strength of the trend and also allows identifying overbought, oversold and divergent conditions. If Parabolic SAR points appear below candlesticks and MACD bars are above zero, you should buy binary options for 1 minute « up ».
Head & Shoulders » System
The figure of technical analysis « Head and shoulders » represents the formation consisting of three tops, the middle of which rises above the neighboring formations. The basis for them is the « neck » line, the breakdown of which indicates a further downward price movement. To open a deal with binary options for 1 minute it is necessary after the retest of the « neck » line by the price, if immediately after contact with it there was a reversal.
Triangle Strategy
Triangles are market consolidation patterns and can be declining, ascending or converging. They are predominantly formed at large limit orders and indicate an attempt to sell them through the accumulation of a position by a large market participant.
A 1 minute binary options trade should be opened in the direction of a breakout level. Wait until the breakout occurs and the price returns to the level for a retest, at which point enter the position.
