Super profitable scalping on binary options, trading strategy

The scalping trading process contains a lot of different nuances that you have to pay attention to - either the broker limits transactions, or problems arise with the speed of order execution.

This type of trading as binary options allows you to avoid most problems.

Moreover, it should be noted that scalping became available here not so long ago; previously, the minimum transaction duration was 5 minutes.

Now you can make forecasts for a minute or even for 30 seconds, practically this is no longer scalping, but more pipsing.

How is scalping done on binary options?

Firstly, it should be noted that leverage , and profit is accrued as a percentage of the transaction amount.

For example, we opened a Call transaction in the expectation that the price would rise by $100, the forecast was justified - we received $85

Also in trading there are the following features:

• Online terminal - when scalping on binary options, you don’t need to install anything on your computer, the whole process is carried out in the trader’s office using an online terminal. You just need to go to the appropriate tab.
• The reward may vary depending on the currency pair and the time of the contract.
• If the forecast is not successful, you will be paid 5-15% insurance.

There are usually no problems with the technical side of trading; the main mistake of a trader lies in the trading process itself. Beginners simply try to guess where the price will be after a certain time:

 Thinking that the chances are 50 to 50, yes, this is true, but with a successful transaction you get 70-85%, and if not successful, you get 5-15 back, that is, in the most favorable scenario, the performance is 0.

Brokers for scalping binary options - https://time-forex.com/brokery-opcyonov

How profitable is scalping on binary options?

If we compare this option of exchange trading with pipsing, then at first glance it seems that the classic option of short-term trading will turn out to be more profitable over the same period of time.

After all, the volume of transactions when pipsing due to the use of leverage increases hundreds and sometimes thousands of times.

But for an objective comparison, you just need to calculate how much you can earn on one amount in 1 minute. Let’s take an amount of $100 and a leverage of 1:500, you can do more, but to trade with such leverage you already need to be a real virtuoso.

On average, everyone’s favorite currency pair EUR/USD moves 20 points in 1 minute, and there may be more serious movements, but we still use the average size:

In this case, the volume of our transaction will be 100 * 500 = $50,000 or approximately 0.5 lot, that is, 20 points will bring about $10 per transaction minus the size of the spread , which will be at least several dollars on such a volume.

That is, we can say that writing with 100 dollars will bring 5-8 dollars per minute, and scalping using binary options will bring 85 dollars. However, it should be noted that if the scenario is not successful, in the first case you will lose the same 5-8 dollars, and in the second up to 95 and you will not be able to continue trading

Binary options scalping strategy

The trading strategy is carried out using a currency pair chart and scalping indicators , which will help you open a trade in time and choose the right direction.

In addition, before starting trading, you should analyze the dynamics of movement on M1, if you decide to trade for one minute, estimate how long the correction usually lasts, and how long the main movement along the trend, identify that very trend.

That is, everything is not as simple as brokers make it out to be, just to conclude deals, but for that. To make them profitable, as always, you will have to work hard.