Proven 60 Seconds Strategies: Should You Use Them?
As trading continues to show great advances you will see many innovations for the ways to get profits from the markets. And one such example are the 60-second binary options. This type of trading has become quite popular over a couple of years and a lot of trading brokers are now offering this trade to the clients.
Contrarily, 60 Seconds might not be ideal for all traders. Careful approach is required for money management. It’s not very recommended to use the martingale money management plan, as it is one of the reasons why many traders lose their money.
Similarly, one needs to have the ability to identify the potential trading opportunities at the right moment. With clear trading plan and appropriate market conditions, you can utilize 60 Seconds effectively, whereby making substantial profits within a small period.
Can You Use This Strategy?
Any Forex trader might tell 60 Seconds binary options as a sheer gambling. As a matter of fact, it is, but only when you have no clue of what you are doing. Simply knowing that a strong strategy together with money management can fetch you profits will not be enough.
Instead you should understand the logic behind the strategy. However, you should equally have experience in price action. You are recommended to trade for a few months till you get into the veins of the price movement and the other indicators.
Take a look at some 60 seconds strategies
The SuperSignal strategy for binary trading is, according to our opinion and experience, one of the best low timeframe strategies. It should be profitable if all indicators were used and money management rules obeyed. Beware of the occasional occurrence of false signals and open trades at your discretion…
GOD strategy is one of the most successful strategies for binary options with one minute (60 seconds) expiration time. Its based on 3 indicators and it‘s signals are relatively accurate. They are also generated very often. On average one signal every 15 minutes…
60 Second Strategies Purpose
You need to figure out a reversal in the direction of the price and catch a trend. When you are seeking one minute expiry, small patterns should be analyzed instead of considering the big picture.
Installation of custom indicators to the MT4 platform is often required. How to install strategies in Meta Trader 4. Plus, a set of rules should be always followed that will send you signals for Put and Call binary trades. Don’t worry, all this info is by every strategy on our website.
Simple Yet Effective 60 Seconds Strategy: Dos and Don’ts
While choosing 60 Seconds binary trading strategy keep in mind that that the asset’s volatility can determine whether your trading session will be profitable or not. Additionally, you should ensure that you never enter more than 1 trade every 5 minutes – it’s not recommended, because it could lead to a big loss. Good luck with trading!
Recommended broker for this strategy