Simply click to buy a put or call and wait 60 seconds. Trade multiple assets and you could have multiple trades on at one time, all expiring within a very short timeframe. From a trading perspective 60 second binary options allow you capitalize on strong market moves effectively.
The Future of Binary Options
Therefore, these options let you jump into the flow of the market, and get out of the trade quickly before a major reversal occurs. This allows you to seize every possible opportunity, and potentially rack up some big daily gains. While you can trade a lot in a day with 60 second binary options and potentially make a lot of money, you could also lose a lot.
Good set-ups often take time to develop, and therefore by using 60 second binary options you may be distracted by mediocre or poor trade set-ups, missing the good ones. This means you will need to have a very high win rate when trading. Ideally, 60 second binary options should be used for just that—seizing high probability short-term opportunities.
Lower payouts also signal that these options should be used sparingly. Over the long-run you need to win about 6 out of 10 trades to breakeven. To make a decent profit your win rate will need to be higher.
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That is difficult if you over-trade or trade mediocre set-ups. What is the essence of binary options? BO is a mere bet on the market.
The Future of Binary Options
You can place it in accordance with two schemes: exchange-traded and betting. At that, the exchange-traded scheme is used in the USA only, and the betting one is applied in jurisdictions of all other leading countries.
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For example, Binary Options are regulated by Gambling Commission in Great Britain and regarded as gambling bets on the market. The remaining BO companies will have to radically change their business model. It goes without saying that the overwhelming majority of these companies will either disappear or give up BO as many Forex trading companies do now. On the contrary, other Binary companies try to develop these models allowing for the mistakes made by their predecessors.
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BO will have absolutely new exchange-traded models, in which a BO company plays the role of outside observer and charges a commission for accepting bets on the market placed by traders themselves against other ones, in the future. Binary Options will be growing up as Binary Options audience is growing up. You need to leave off a habit of earning large percentages over 60 seconds right now, since the BO scheme is unviable and short-lived, and it will be both banned officially in some jurisdictions and modified by brokers themselves.
The BO industry has been growing up and will be developing within the US, Japanese and hybrid models. Undoubtedly, this is good news for experienced traders and bad news for newbie traders.
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The future of the BO industry can be also judged by the market in Great Britain, where a hybrid of the US and the Japanese models is used. The state guarantees any payouts rigorously. Only 3 major Binary Options market operators, which people trade with for many years, are represented in Great Britain.
The BO operators act as an intermediary, so these BO models leave traders alone with the market and provide them no help. You will have only your brains and your experience, and your broker will play the role of a silent provider of a trading platform for placing bets on the market.
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As these models spread around the world, Binary Options will find their new life and concurrently clean itself from the past bad reputation. However, it depends not only on the BO market operators, but its participants too. The faster newbies grow up, come to their senses, and give up their illusions about fast profits and freebies, the more grown-up, adequate and serious the BO industry itself will become.