So find out now what you need to follow as information, when trading specifically with 60 seconds binary options: You do know that in financial trading, it is a task of yours to follow some specific factors to become prepared enough with your predictions and analyzes.

In binary options risks there is the limited maximum profit, this should not be forgotten by beginners. Like any other type of financial activity, for example, Forex, Binary options also have an element of unpredictability, that is, the market can move in any direction, often without even signaling the upcoming change in its direction. The probability that the forecast will be wrong is always there, but it is minimal in case of a qualitative analysis. In this type of contracts, the number of points passed does not affect the amount of profit, but its profitability can be determined by only three or four decimal places. The trader can be separated from profit or from loss by only a few points. There are analytical methods which allow forecasting a potential trend with high accuracy, but even the most thorough analysis will not give a one hundred percent guarantee that the market will move in that direction. But this could also be a risk free binary options strategy, as you can know your risks and almost control them. Binary options are difficult to call a liquid instrument, so traders cannot close a trade already open and take their funds whenever they want, even if they see that the market is going against them. When trading this derivative, one should simply wait for the expiration time of the option to take their profit or accept the loss. Some traders do not see this as a problem, while others find this feature as binary options risk. As binary options is a fairly new financial instrument, not every regulator on the markets controls the activity of brokers that provide intermediary services in this area. The fact that the price is at least for 0.0001% higher or lower than the set value is important in binary trading. Binary contracts are characterized by limited losses as well as profits, that is, when you make a deal, there is always an upper limit of profit, and above it cannot rise in any way. The asset is not owned by the trader. Choose a broker with a license, such as Binomo, eToro, FXPro. Cooperating with a broker that does not have a license increases the probability that the trader will fall into the hands of fraudsters. The peculiarity of binary options is that the trader does not need to buy the asset physically, he only bets on the direction in which its value will go.

The economic calendar is an important tool for fundamental analysis. The economic calendar is a must for traders who prepare a binary options chart options trading strategy based on the news. It includes information about the macro-economic indicators of individual countries and regions, and also a time frame for news releases about their changes.

Even worse is the release of this type of data by your broker. This flood of new information or the thought of it does nothing more than reduce how effective you are at trading binary options by taking away your need to compete. You also should never trade with your broker right after a new store of financial analytics has been released to the public. Right before or after this type of data dump happens, the market becomes a lot more volatile.

Start by selecting your time zone in the drop down menu below. The tool will automatically adjust to show what time the markets for each of the 9 currency pairs is open relative to your time zone.

Technical (chart) analysis for novice traders is essential for binary options trading to get a good prediction about the future price movement based on past price trends under similar circumstances. Technical analysis is based on three basic axioms:

This, as a result, leads to the compensation of losses of previous positions and obtaining a small, but stable income. The martingale strategy is based on the mathematical principle of increasing the volume of a trading lot after gaining an unprofitable position in the market.

And the more news that is released at the same time, the bigger the market spike will be. Such a trend is the most interesting for opening trades and making money. First of all it is important to choose a news item, preferably marked with 2 or 3 signs, which means that it has a strong impact on the market. The main tool for a news trader is the economic calendar.

Let us list all the risks that may be encountered by any trader who has decided to try his forces in trading binary contracts. Being aware of potential risks can significantly reduce the possibility of losing your own money while trading in the binary options market.

Finally, your time zone also comes into consideration. When to trade a particular forex pair depends on a number of factors. The second factor is when the markets overlap each other. The first is when the particular currency is available in the markets.