binary option strategy – winning 60 second trades
My 60 second strategy is pretty simple. I trade binary at http://bit.ly/DirectFX I wait for a down breaking to buy a Call option, and I wait for an up breaking of the bands to buy a Put option. Actually, I’m not always waiting for a clear break on the bands to place my trade, but for beginners who want to use the strategy, I would recommend you wait for a break and then place your trade.
I usually trade 2 or 3 candles, and if I lose one, I wait for another breaking. I don’t do martingale. My aim is to keep over 70% winning trades. My broker has an 80% payout, which means with a 70% win ratio, the profit is pretty good.
I certainly don’t mean that you can quit your job and become a millionaire with this strategy, but you can easily follow the price action and, eventually, keep your balance positive if you know what you are doing.
Many of you guys are asking for signaling sound alerts or auto trading because you don’t have time to follow the charts. Well, if you don’t have time to follow the charts, my advice is simply don’t trade! Do your job, do your homework, or do whatever you do.
I can imagine some of you working at the office, doing some accounting or whatever job you have, and you are also trading some binary options on your phone. You win some trades, you lose some (probably most), and at the end of the day, you say to yourself, “well, this is not working.”
Yes, of course it isn’t working because you are not focusing on it. If you want to trade successfully, you have to concentrate on your trading. And again, I’m not telling you to quit your job because binary options are very profitable. I’m just saying that you should trade when you can give your full attention to the charts.
Anyway, this is just my advice. If alerts are working for you, that’s fine.
When the bands are starting to switch direction, a trade is too risky. When I lose a trade, I just wait for the next opportunity, and I do not enter the martingale trap. As I said, my aim is to keep the winning trades over 70%.
If you listen to some binary gurus, they all teach you to use martingale to cover your losing trades, but I have some big doubts about their success.
Of course, you will have losing trades as well. This is not a 100% winning strategy. I didn’t put only winning trades in my video for some marketing reason. I am not trying to sell it. I am giving it for free on my website. If you want to see the full set up, just go to http://binaryoptionspost.comRelated posts: