15 minutes binary options strategy -

15 minutes binary options strategy

15 minutes binary options strategy has become a famous method of trading online. Due to the popularity of it, almost every platform offers this strategy.

What is 15 minutes binary options strategy?

15 minutes binary options strategy is like a normal binary options trade, but the expiry time is limited to 15 minutes. This allows the trader to make high profit in a short period of time, and carry on numerous other trades. But, because the profit is high, the probability of loss is also higher. So a trader takes a lot of risk when using this strategy. There might be some other features associated with it, but that depends on the trading platform you choose.

When To Use This Strategy

Although it is used by all, it is not suitable for every person as it is a complicated strategy. A person should use the 15 minutes binary options strategy only when the following two requirements are fulfilled:

  • Trading experience– this is the biggest requirement otherwise the trade might result in a loss. In such a small time frame, the market is quite volatile; also the trader might have to choose a position that is contrary the primary trend, in order to make profit. For this to happen, the trader should be able to note the small changes and signs in the market.
  • Prepared– the second requirement is that the trader is completely prepared to make the trade. He has all the necessary knowledge and data to correctly predict the price movement.

Factors to consider

The following factors should be taken into consideration when choosing the price movement:

  • The Binary Options broker– it is necessary that you choose a reputable broker when using this strategy, which follows the real time market. In a short time, a market can change in mere seconds; converting your profit into a loss. In circumstances like this, the platform should be fast and efficient enough to track these changes.
  • Technical analysis– this is important so that you are aware of what can happen in that specific period of time. You need to cover all the aspects in order to make a sound decision.
  • MACD indicator– this is a valuable tool that can inform you about how long the price will sustain. There are other tools for this purpose as well. Also, you should evaluate the results of two or three fundamental analysis tools.
  • Economic calendar– this can provide you with insight on the major events that cause a shift in the price trend.

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