Compared to strategies for other binary options types, 60 seconds binary options strategies offer a number of advantages.
When trading High/Low options or Touch options, for example, you are operating with far longer expiries than with 60 Seconds options. Instead of only a few seconds, all other binary options types use expiries that range from 15 minutes to a few hours or, in the case of long-term options, even a few months.
In these bigger time frames, market movements become less erratic and more predictable. As a 60 Seconds trader, you, therefore, have to work with less secure predictions than all other traders.
On the other hand, a 60 seconds binary options strategy offers you three advantages:
1. You can make more money than with any other strategy
Compared to other strategies, a 60 seconds binary options strategy generates have an abundance of trading opportunities. Instead of generating only a few signals every day, a 60 Seconds binary options strategy can generate tradable signals every few minutes. Although you have to accept a higher percentage of losing trades, if you still manage to make a profit, a 60 Seconds binary options strategy can help you make a lot of money in a short time.
A 60 seconds binary options strategy offers an unmatched potential for earnings. You can easily find five to ten trading opportunities per hour, and if you invest a few hours per day, you can win a far higher number of trades than with any other binary options strategy.
2. You have to invest less time
Another advantage of a 60 seconds strategy is that it allows you to cram all your trading in a smaller window of time. If you want to place 5 trades a day, a strategy based on other binary options types would require you to trade for at least a few hours every day. On such long time frames, it simply takes longer for the market to develop trading opportunities.
On the shorter time frames of 60 seconds options, you will find a new trading opportunity every few minutes. When you are looking for a trend that can last for the next 60 seconds, you will find significantly more opportunities than if a trend has to last for the next four hours.
Traders that are limited on time will find that a 60 seconds binary options strategy is much easier to execute for them than any other time of strategy. Even if you can only spare five minutes here or there, with 60 seconds options, you can find quality investment opportunities. When you are stuck in traffic, waiting in line, or taking your girlfriend shopping, 60 seconds options are the only options type that allows you to fit in a quick trade here or there.
3. You learn more quickly
With every trade that you make, you learn something. You learn how the market works, which tools help you to make money, and which style of trading is right for you. These lessons are crucially important, especially for newcomers. With 60 seconds options, you get more lessons in a shorter period of time than with any other binary options type.
20 trades a day will teach you more than 5 trades a day. With a 60 seconds binary options strategy, you make more trades a day than with any other strategy, which provides you with a faster learning curve than any other type of strategy.
If you are new to binary options or trading in general, it can make great sense to start out with a 60 seconds binary options strategy. Especially if you are starting with a demo account, you can use this risk-free environment to make as many mistakes as you can as quickly as possible and get as many lessons as possible in a short period of time.
With these advantages, a 60 seconds binary options strategy is something every trader should try at least once in their career.