London,UK (PRWEB) November 29, 2014
BinaryBook.com published the most popular 60 second trading strategy among its binary options traders. The simple, yet effective 60 second strategy helps traders increase their profits when trading 60 second options. Traders can combine the 60 second strategy with other strategies to maximise returns.
Tom Stark, CEO of BinaryBook.com says: ‘Don’t be misled by the simplicity of this 60 second trading strategy; it is really effective because it is based on trading contracts in sets of threes which are purchased about 10 to 20 seconds apart. This allows traders to reduce the risk involved with the unpredictable and volatile nature of short-term trading contracts…essentially, these trades act as an averaging mechanism that drowns out some of the extra ‘noise’ or movement in the market which can have a profound effect on 60 second trades. While there is nothing completely new about this strategy, it is effective and best of all it is very easy to use.
Traders who want to implement this strategy need to follow a few simple guidelines. The strategy is ideally suited to 60 second trades. Every series of trades will be made of up 3 of the same contracts which are purchased 10 seconds - 25 seconds apart. In addition, every contract in the series must be purchased for precisely the same amount. Volatility should be used to determine the purchase intervals. As market volatility increases, the purchase intervals should also increase.
The default purchase spacing can be 10 seconds and this spacing should be used most of the time. The purchase intervals should never exceed 30 seconds because this means that the intial contract will expire before you have even purchased the 3rd contract. The exact spacing is not vital as long as the above purchase interval rules are followed. The simplicity of this strategy is one of the reasons it is the top trading strategy at BinaryBook this month.
Tom Stark is the CEO of BinaryBook, a leading binary options trading platform, based in London, UK with offices in Anguilla.
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