60 seconds options are the quickest way to make money in the world. Within only one minute, you can make a profit of up to 85 percent – a potential no other form of investment can match. In the last few years, all binary options brokers have started to offer 60 seconds options in their arsenal, thereby making them one of the most popular binary options types.
60 seconds options are a variation of high / low options. You still have to predict whether an asset’s price will rise or fall over a given period of time, but this time is now only 60 seconds. This premise is so simple that even complete newcomers can immediately start trading 60 seconds options.
All you need to do to start trading is to sign up with a binary options broker. Since most brokers offer easy sign-up forms, only requiring you to enter the most basic personal information, this is a quick job you can do within one or two minute.
After you have signed up with a broker, you only need to deposit money into your account and you can start trading. When you deposit money via credit card or online payment provider, it will be booked to your account immediately and you can start trading only shortly after you decided to sign up with a broker.
After your registration is complete, you can open your brokers trading platform, select 60 seconds options, and start to invest. Most brokers offer 60 seconds options with different types of assets, from currencies and commodities to stocks and indices. Since every asset most provide a certain minimum trading volume to create a significant movement within such a short time frame as 60 seconds, some assets with chronically low volume are excluded from 60 seconds options.
Most popularly, 60 seconds options are combined with big currency pairs, which offer a high trading volume throughout the entire day.
To make an investment, select your asset and then select the direction you predict the price to move in. Brokers use different terminology for the price direction, but to invest in rising prices with most brokers, you need to watch out or terms such as “high”, “up”, or “call”, all of which indicate that you predict rising prices. To invest in falling prices with most brokers, you need to watch out or terms such as “low”, “down”, or “put”, all of which indicate that you predict falling prices.
Once you have made your prediction, enter the amount you want to invest. This is an important step where many brokers go wrong: When you know what you are doing, you can win about 70 percent of your trades with 60 seconds options. That means, that you will lose at least 30 percent of your trades. By the sheer power of the odds, you will sometimes win many trades in a row, but you will also sometimes lose 4 or 5 trades in a row.
When you invest your money, you should therefore never invest all your money, not even 50 percent or 25 percent of it. One losing streak, and you would be broke. To be safe, you should never invest more than 5 percent of your money on a single trade. After you have gained some experience with your strategy, you can still adjust this amount.
Once you have completed your settings, you can invest. Only 60 seconds later, you will know the result of your trade.
Recently, many brokers have also started offering variations of 60 seconds options with expiry times of 30 seconds, 120 seconds, and 300 seconds. These options share the same basic functions as 60 seconds options.
60 seconds options are easy to understand but not quite that easy to trade. On such short time frames as 60 seconds, the market behaves erratically and nervous, and making good predictions is difficult. Therefore, you should use a special strategy for 60 seconds options.
Strategies that work well with 60 seconds option use simple indicators and focus on short price movements. One example of such a strategy would be to trade simple candlestick formations that often contain only one candlestick and can therefore generate short-term oriented predictions.
Another example of a strategy that works well with high / low options is trading breakouts. Breakouts occur when the market completes a price formation. These price levels indicate important changes in market sentiment, which is why many traders of conventional assets have placed stop and limit orders to either close their existing positions once the market breaks through this price level or open new positions.
Since all of these orders point into the same direction, there will be a sudden, strong surplus of demand or supply once the market triggers these orders. The result is a short, strong movement that is ideal to be traded with 60 seconds options.