What are 60 Seconds Binary Options? (Price Action Binary Options Trading Example – Best Binary Options Trading Strategy https:/…

What are 60 Seconds Binary Options?

(Price Action Binary Options Trading Example – Best Binary Options Trading Strategy https://www.youtube.com/watch?v=HfC37Sksx2Q)

The 60-second binary options trade is one of the trade types that first debuted on the SpotOption white-label platform, finally making its way to the Tech Financials white-label platforms in 2012. It is a type of Call/Put option trade that has an expiry of 60 seconds. The trader is taking a position on whether the asset will end higher or lower than the market price by the time the trade ends in 60 seconds.

πŸ’²πŸ”₯Which broker offers 60-second Binary Options trades?

πŸ’₯Best Choice: βœ” Quotex βœ” was one of the first brokers to offer 60-second trades for traders and they are still one of our top recommended, US-friendly sites. Learn more about Quotex and receive a $500 bonus here.

There are three possibilities in terms of trade outcomes with the 60-second trade:

1. The trade can end up IN THE MONEY, which is a profitable outcome for the trader. All that needs to happen to make this a reality is for the asset to end in the trader’s predicted side of the trade by just one pip.

2. The trade can end up OUT OF THE MONEY, which is a losing outcome for the trader. If the asset dips into the side of the trade opposite the trader’s bet by just one pip, then the trade ends up as a loser.

3. The trade can end up AT THE MONEY, which is what happens if the asset ends on the same price level as it started the trade. This is a possibility as a result of the short expiry time of the trade, and unless an asset is in a massively volatile period, the price action generally ticks around a few pips range.

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