I found this old video (from 2012) depicting a very interesting binary strategy, which I believe may still be quite relevant today. Therefore, I decided to share it with you guys.
The video is a demonstration of a 60 seconds binary strategy with which an account can be grown from $251.83 to $6757.50 in just one week. It might also be one of the safest binary options trading strategy there are! The reason for that is that this strategy puts an emphasis on regaining back lost funds instead of trying to secure huge winnings. The strategy might look a bit tedious, but the steady and consistent profits it generates make it totally worth the work!
Keith Jones, who is presenting this video, is trading with the TradeRush broker, which used to be a pretty good SpotOption broker, but is no longer very popular plus they are not regulated. If you prefer to work with a SpotOption broker, I recommend Finpari, although this specific binary strategy can be used with most of my recommended brokers.
This binary strategy is based on the fact that since prices fluctuate over a 5 point decimal base, as long as you make 5 trades close to one another, you are guaranteed 100% to win one of those trades. According to Keith, “if you continue to do this on a regular basis, you will find the profits mount up pretty quickly, I mean, between 80 and 150 dollars an hour I’d say most people can do.”
Required Features To Use This Binary Strategy
- 60 second turbo trades
- 70% or higher payouts
- A popularity or sentiment indicator
- A balance of at least $200-300
How This Simple Binary Strategy Works
To use this simple binary strategy, first, choose an asset for which the payout is 70% or higher. Then, you can place the first trade in the direction which most people are taking. For example, if for the EUR/USD, 42% of traders believe it’s going to rise and are therefore placing a CALL Trade, while 58% of the traders are placing a PUT trade because they believe the asset is going down, then you would need to place a PUT on the EUR/USD together with the majority of traders with a 60 seconds expiry.
- Place a $5 sixty seconds trade on an asset with a 70% or higher payout.
- If you win the trade, start all over again. Place another trade according to what the majority are doing with a $5 trade amount.
- If you lose, place an additional trade but your trade amount should now be $10 to cover your loss. If you win, go back to $5 trades. It’s very important to immediately place a new trade after losing a trade.
The idea behind this binary strategy is very simple. You want to cover any losing trades with additional trades that have higher trade amounts. So if you lose a $5 trade ,you would then need to immediately take another $10 trade. If you win it, you get back the $5 you lost plus about $2 (if the payout is 70%). If you lose a $10 trade, you then need to immediately place a $15-$20 trade to recover your loss and gain a profit. If you lose the $20 trade, your next trade amount will be $30-40, and so on and so forth.
With this method you will be making between $1 and $1.80 per minute of trading. It seems not to be much, but remember that it’s an extremely low risk method of trading binary options.
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