A binary option is a trading instrument with a fixed price and a fixed payout. In other words, when you buy an option, you bet. For example, you expect that the dollar-yen pair will rise or Tesla shares will slide in the next ten minutes. If your expectations are correct, then you get profits, but if they are not, then you just lose the sum that you have spent for buying an option. Thus, a binary option gives you an opportunity to earn on making forecasts about movements of a price of any asset.
Despite concerns of some traders, binary options do not involve high risks and this type of trading is as safe as currency trading. Besides, the advantage of binary options is that you know beforehand how much you risk and how much you may earn.
Our clients can track the purchase and cancellation of options, the beginning of their action, as well as gains/losses of other options traders in the Live Feed.
Simple strategies
Simple strategies forbinary options trading are useful not only for beginners but also for experienced traders. Professionals employsimple strategies in difficult situations in the market.
Such strategies require minimal skills. The most popular of them are Martingale, Rapid Fire, Strangle, 60 Seconds, Doji pattern. These simple and understandable strategies were developed by professional traders. They do not require deep knowledge of the market. They can be used by novice traders forincreasingthe deposit.
Strategies based on indicators
These strategies are based on indicators that assess price movements ofbinary options. Atrader receives a signal whenan indicator behaves in a certain way. The most popular strategies for the basic indicators: No Touch, Breakout, Puria Method, as well as strategies based on the trend lines:EMA, MACD, and RSI. Trading on such strategies ishighly profitable.
In addition, some strategies, for example, on trend lines, give the opportunity to trade several instruments at once.
Graphic strategies
This type of strategiesis intended for professionals of the forex market since graphic strategies includeelements of technical analysis. This system requires working with price charts. Atrader should determine the trend model and make a forecast based on the pattern. A trader canapply graphic strategies if he/she already has experience in trading, understandstrading process, and knows how the market works.
Popular graphic strategies for binary options trading are Triangle, Trend Reversal, Bottom - Top and others.
Aleksey Orlov, trader:
“Lately, I’ve been hearing a lot about binary options trading. When I started to look for information about it, I was pleasantly surprised to find out that my broker does provide this trading instrument. The choice of trading assets and expiration periods is great. According to my yet short experience, the execution speed is fine, quotes are live, and there are no slippages. Moreover, I’ve already managed to withdraw some profits.”
23:00 2017-10-14 UTC+04
Aleksandr Druzhinin, beginning trader:
“I’ve only started to learn about binary options and I’m trading on a demo account, though I’ve got some small experience on Forex. It was high payouts that attracted my attention to options as brokers usually offer 85-100% of the option value in case of winning. Besides, you can first test your strategies on a demo account before live trading.”
15:56 2017-10-10 UTC+04
Roman Streletskiy, trader:
“Binary options trading is bets on a price direction. You simply forecast where the price will go (up or down) and that’s all. No complicated calculations, no candles, no charts. If you have even the smallest experience in currency trading, then you already have a decent chance to make a correct forecast. Still, trading any financial asset is a risk, and one should take binary options seriously.”
17:40 2017-10-20 UTC+04
4 steps towards profits
Terms of trading binary options with InstaSpot!
