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No notes for slide. Introduction to Binary Options Strategies 1. Binary Options Trading Requires Very Little Experience The common misconception is that binary options trading can only be done by one that has a certain amount of experience in the area. There is no requirement to have any previous experience in financial trading and with a little time, any skill level can grasp the concept of binary options trading.
The basic requirement is to predict the direction in which the price of an asset will take. The price will either increase call or fall put.
Successful binary options traders often gain great success utilizing simple methods and strategies as well as using reliable brokers such as IQ Option. How to minimize the risks Our goal is to provide you with effective strategies that will help you to capitalize on your returns.
These are simple techniques that will help to identify certain signals in the market that guide you make the proper moves in binary options trading. Risk minimizing is important for every trader and there are a few important principles that aim to help in this area. Binary options trading can present several risks but to decrease them, take the following into consideration.
However, the oldest and most effective approach to minimize risks is to focus on a single asset.
Trade on those assets that are most familiar to you such as euro-dollar exchange rates. Consistently trading on it will help you to gain familiarity with it and the prediction of the direction of value will become easier. There are two types of strategies explained below that can be of great benefit in binary options trading. Trend Strategy A basic strategy most adopted by beginners as well as experienced traders. This strategy is often referred to as the bull bear strategy and focuses on monitoring, rising, declining and the flat trend line of the traded asset. If there is a flat trend line and a prediction that the asset price will go up, the No Touch Option is recommended.
If the trend line shows that the asset is going to rise, choose CALL.
If the trend line shows a decline in the price of the asset, choose PUT. Pinocchio Strategy This strategy is utilized when the asset price is expected to rise or fall drastically in the opposite direction. This is best practiced on a free demo account from one of the brokers. Straddle Strategy This strategy is best applied during market volatility and just before the break of important news related to specific stock or when predictions of analysts seem to be afloat.
This is a highly regarded strategy utilized throughout the global community of trading.
This is a strategy best known for presenting an ability to the trader to avoid the CALL and PUT option selection, but instead putting both on a selected asset. The overall idea is to utilize PUT when the value of the asset is increased, but there is an indication or belief that it will being to drop soon. Once the decline sets in, place the CALL option on it, expecting it to actually bounce back soon.