Day trading coach10 comments
Essential term in binary options trading strategy
Not many brokers are good enough for this strategy so better follow my recommendations and you will be on the safe side. To succeed with this strategy you will need to do some math calculations on your investments and profits. You have to think fast because the market is volatile and situation changes in minutes. Prepare yourself for losses as they are part of the game but if you are experienced enough you will always be on profit.
The method on this strategy is based on a math formula that guarantees profits even when your trades expire out of the money. When you decided trading 60 seconds binaries you should have already considered how to deal whit losses. I have been trading for some years now and the following strategy is proven to be working. So what is the idea behind — if you win keep trading on the same stake — when you lose move to the next level. First you have to define your initial investment and then divide the return by 0,7 to figure out the 2nd investment.
Opening an account at a broker which offers flexible investments on 60 seconds trading. Handling a chart platform with 1 min time frames. On the one minute chart you see where I entered the market. As I am buying Low options I would need a red candle for my trade to close in the money. At the end I won 5 trades, lost 2, and 1 was neutral. As you see on the chart going for a 9th trade would be also in the money but it is too risky.
My aim is to close successful trades when I am on 3rd or 4th level of investment and then I am out. This strategy is recommended to implement when the market is choppy. My final word is: There are many binary brokers offering 60 seconds trading but only a few will allow you flexible investments. You have to find the best broker which will fit your trading strategy.
The martingale system is not recommended. It is a casino system. We created a better 60 seconds strategy You can try it and share your feedback. Yes this strategy is very risky in that all it takes is three or four losses in a row and you will be suffering massive losses that can wipe out your account.
I think the best time to use this strategy is not when the market is choppy, but when the market is trending is only one directions.
For example, if the price is trending up, keeping buying Calls for every trade. A choppy market will only increase your chance of getting a losing trade and getting multiple losses in a row. While an upward trending market, for example, will increase your chances of winning on a Call trade most of the time. I have been hearing positive feedback about it from my friends who are into binary options, but it looks very difficult for me.
This probably works well with those who want instant gratification and are adapted to day trading stress. You have to be thoroughly knowledgeable to try 60 seconds, though. I believe the 60 sec strategy is not yet for me as I am new to binary option. Yep, you are right, better try it first on a demo account before blowing your cash in 60 seconds ;. Most probably I wouldn't use it again as it is too much stressful and you can blow away all your account in a few minutes.
Just keep in mind that if you would go try it use 24option their platform is really fast and I don't see any delays. To use 1 minute chart leads to poorer statistics than longer term charts, the technical indicators will be helpless. It is very important that your trading platform is regulated and works properly at executing and closing trades and not prone to re-quotes, spreads need to be as low as possible.
Many, many things you need to consider before start trading 60 seconds. But it is definitely worth a try and if the profits roll in, then by all means go ahead with it. In my opinion is pure gambling using 60 seconds binary options just because the odds are not in your favor. This infers that over the long run you will simply lose out.
Skip to main content. The strategy method The method on this strategy is based on a math formula that guarantees profits even when your trades expire out of the money. How to set up your own strategy First you have to define your initial investment and then divide the return by 0,7 to figure out the 2nd investment.
How to perform on this strategy The two most important things about this strategy: Tue, 05 Apr Log in or register to post comments. Sun, 26 Oct Isn't it 60 seconds more gambling than trading?