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.
Not many brokers are good enough for this strategy so better follow my recommendations and you will be on the safe side.
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
The method on this strategy is based on a math formula that guarantees profits even when your trades expire out of the money. When you decided trading 60 seconds binaries you should have already considered how to deal whit losses. I have been trading for some years now and the following strategy is proven to be working.
So what is the idea behind – if you win keep trading on the same stake – when you lose move to the next level.
As you see on the table my first investment would be $50 with a 70% return so a successful trade will bring me $35 profit.
70% is a standard payout which brokers pays on 60 seconds trading
Let’s say I have lost the first 3 trades = ($50+$121+$294) = $465 minus in my balance
If I win the 4th trade = $499,8 profit which will cover my previous losses + $34,8 on top
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. Even if you lose 3-4 trades on the 5th you will be on profit $34,8.
How to set up your own strategy
First you have to define your initial investment and then divide the return by 0,7 to figure out the 2nd investment.
For example: you want to start with a $10 trade
1st Investment = $10
Payout = 70%
Return = $10x1,7 = $17
2nd investment = 17/0,7 = $24
This way you will calculate the 3rd, 4th and 5th investment.
If your payout is 80% you will have to divide return by 0,8.
How to perform on this strategy
The two most important things about this strategy:
1. Opening an account at a broker which offers flexible investments on 60 seconds trading.
2. Handling a chart platform with 1 min time frames.
Ok, I already have an account at an appropriate binary broker which allows investments from $24 up to $50.000 on a single 60 second trade. I am continuously buying only Low options on EUR/USD.
On the one minute chart you see where I entered the market. As I am buying Low options I would need a red candle for my trade to close in the money. Let’s analyze what happened that day.
First trade was in = $35 profit
Second trade the price opened and closed on the same level = stake return
Third trade was out = minus $50 (means I have to move to 2nd level)
4th = $84,7 profit
5th = minus $121
6th = $205,8 profit
7th = $205,8 profit
8th = $205,8 profit
At the end I won 5 trades, lost 2, and 1 was neutral. That means a total profit of $566,1 which I made in 8 minutes.
As you see on the chart going for a 9th 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.
This strategy is recommended to implement when the market is choppy. You have to avoid big trends such as 10-12 red/green candles. My final word is: get into the market while it is choppy and get out after the 3rd successful trade in a row.
There are many binary brokers offering 60 seconds trading but only a few will allow you flexible investments. You have to find the best broker which will fit your trading strategy.