60 seconds trading for binary options is very popular at the moment so I decided to show you a smart way how to make profit out of it.
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 strategy method
When you decided trading 60 seconds binaries you should have already considered how to deal whit losses.So what is the idea behind – if you win keep trading on the same stake – when you lose move to the next level.What we are looking for is to catch a trend no matter if it is an upward or a downward one.
As you see on the table my first investment would be $5 with a 70% return so a successful trade will bring me $8.5 profit.
70% is a standard payout which brokers pays on 60 seconds trading
How to perform on this strategy
OK, I already have an account at FX77 binary option broker which allows investments from $5 up to $250 on a single 60 second trade. I am continuously buying only Low options on EUR/USD .
Let’s say I have lost the first 3 trades = ($5+$10+$20) = $35 minus in my balance
If I win the 4th trade = $85 profit which will cover my previous losses
The asset’s price always change (Up/Down) so you just need to keep trading in one direction (High or Low) and a successful trade will follow.
As you see on the chart going for a 4th trade would be also in the money but it is too risky. My aim is to close 2-3 successful trades when I am on 3rd or 4th level of investment and then I am out. After a good run just stop and leave the broker, don’t get greedy because usually a choppy market will follow where you will lose. It can’t go Up or Down forever. You have to remember that any good trend needs a good pullback. If you finish out of the money 2-3 times in a row just stop trading and wait for a better trend.