Sunday, 12 May 2019

Achieve Profit Only in Minutes in Binary Options

The advantage in trading binary options is that expiry time can be very low. With the lower expiry time you use, it means the faster the profit a trader can get.

Facilities like this are certainly very happy news for a short-term trader, especially scalpers who really like to open trading positions in a day.

In ordinary forex trading, a short-term trader can only get a little profit for each of his trading positions. Opportunity to be able to increase profits by simply opening as many trading positions as possible so that each position can meet the daily profit target.

The above is certainly very different from binary options that allow short-term traders to get a large profit even though the duration of trading is only a matter of minutes. This can happen because a trader in a binary option can choose his own percentage of profits and the amount of capital.

The percentage of profits and the amount of capital can be arranged in such a way as to limit losses or maximize profit opportunities. So it is not surprising that binary options are favored by short-term traders.

Each broker binary option has a different minimum expiry time limit. There are brokers who provide expiry time of 1 minute and there are also those that allow trading positions to take place in just seconds.

Even though trading is done only for a short time, it does not mean that trading is done without a strategy. There are a lot of binary option strategies that are based on the types of time frames and one of these strategies is a 5 minute strategy.

The trading strategy in 5 minutes is one of the best and simplest high frequency strategies. The main idea of ​​using this strategy is to open a trading position when market conditions allow for a short-term reversal.

This method is not too difficult for you to learn especially for people who are new to the world of binary options. For starters, you can use graphics with a time frame between 1-5 minutes with an expiry limit of 5 minutes.

There are several characteristics when you run a binary option strategy within 5 minutes, including as below.

-This strategy is very simple and easy to understand by beginners

- Makes it easy for beginner traders to learn the basic technical and fundamental analysis

-Very in line with the forex binary option

-Can produce good Trading Opportunities with a percentage of success of around 70%

-Involve a little technique and trading rules

-Very allows traders to be able to open more than 20 positions for 1 currency pair in a day

-The risk obtained can be minimized by setting the amount of capital for each option position

Similar to forex, trading in binary options that use news trading is trading by basing the placement of options on economic news from countries that are related to currency pairs traded.

In order to analyze each price movement fundamentally, many of the traders use the economic calendar to be able to know the times when economic news releases will have an impact on the value of a particular currency. Often the data that has a large influence on the currency will be marked with 3 stars depending on the economic site that provides the calendar.

Profit in Binary Options - Usually predictions on the economic calendar can make it easier for you to open trading positions at the beginning of the trend. But when you only use expiry time of 5 minutes, you should wait until the data is actually released. This is because the possibility of results can be different from expectations.

For example, the US NFP is one of the important fundamentals for USD. You can place a put option for USD / JPY or choose an option call for EUR / USD or GBP / USD after the results are released and place an expiry time of 5 minutes.

The 5-minute trading opportunities that you can take from the emergence of fundamental data include.

If the results of the data released are in accordance with expectations, you should not open a trading position.

If the results of the data released are better than expected, then you can place an option call for currency pairs whose base currency gets the effect of the news coming out. For example, you can take an option call for EUR / USD after Eurozone inflation data shows better-than-expected results.

Select the put option for the currency pair whose quote currency is affected by the release of the news. For example, you can take the put option for USD / JPY after the Japanese GDP data is reported and has more than expected results.

What if the results of the data coming out are worse than expected?

The way you can do is choose the put option for the currency pair for which the base currency is affected by the data. For example, you could choose put for GBP / USD after the BOE gave the decision to cut the benchmark interest rate lower than expected

Place the option call for the currency pair whose quote currency is affected by the release of the data. For example, you can take an option call for EUR / USD after US NFP data reaches a result that is worse than expected.

All option positions that you can open must be set with an expiry time of 5 minutes. If you set an expiry time of less than 5 minutes for example by setting a period of 2 minutes, then the price has not shown a definite trend. On the other hand if your option position is placed on a trend that lasts more than 5 minutes, then prices may have the potential to rebound.

Also Read : 3 Successful Binary Trading Tricks Options Uncovered!

Thus expiry time that is above 5 minutes has a greater risk in trading that you do. Expiry time of 5 minutes is the ideal time for short-term traders to place their options according to the results of the release of economic data. The 5 minute strategy to maximize Profit in Binary Options is indeed highly recommended to try.

As long as the economic report is one of the indicators that has a big impact, then the method mentioned above can certainly bring the trades you make to make a profit.

Those are the steps and tips that we can share for you all related to how to generate profits in a binary option in just 5 minutes. Hopefully the information we have conveyed above can benefit you all.

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