What is 60-Second Option Trading?
A 60 second binary options trade is a short term trading strategy, which predicts the direction of the price after 60 seconds. Here’s how it works. You look at the chart of the asset of your choice and then predict whether the price will go up or down in the next 60 seconds.
Since the expiry time is very short, this type of binary option method is used to place trades at a high volume. Since the price can move up or down so quickly, traders need to be cautious when placing a trade. The key to the 60-Second trading success is to act fast!
Trading the 60-Second Option method is a great money making opportunity. You can potentially earn a lot of money in just one minute. All you need to do is analyze the trends within 60 seconds. Ideally, traders should choose to call a trade when the trend is upward while a down trend generally calls for a put trade. If you make the right call, you will be assured of high returns, for instance TradeRush offers an 81% return on 60 Second trades. In short, this type of binary option can provide traders with very high returns in a very short time.
How to execute a 60-Second Trade:
- Choose Assets (e.g. USD/JPY)
- Select an investment amount (e.g. 10$)
- Choose your position (e.g. Call)
- Click START