The best binary options (https://eto-razvod.ru/trade-binary-options/) are determined by traders during the trades themselves. But for some reason, the question is often raised: which options are the best? We immediately declare that there is no definitive answer to this question.
In this article, we will try to figure out which options are better and for what? What determines the choice of option and how to determine the right instrument for trading?
Types of Binary Options
IN THE PICTURE YOU CAN SEE ALL TYPES OF BINARY OPTIONS THAT BROKERS FROM OUR RATING HAVE:
Binary options are divided into types, but the types themselves include the division into groups of assets.
The main types of options
- Options Up/Down – The price of the option must be above/below the level specified at the time of purchase up to 80% profit.
- One Touch and No Touch options – the option price must be at the level of the specified price when buying the asset.
- Options Boundary or Range – the price of the asset will remain in the range specified at the time of purchase.
- Spread -Predict whether the price will be higher or lower than the price level offered by the company at the time of expiration. If the forecast turns out to be correct, after expiration, the profit will be equal to 100%!
- Pair Options – Pair auctions are trading on two assets at once.
- Ladder – gives traders the opportunity to make many predictions on the same asset at different times during the transaction.
- Range – If you expect that the price of an asset for a certain period of time will be in a specific range – select the binary option RANGE. If the forecast turns out to be correct, after expiration, the profit can be up to 100%!
The main assets of binary options
- Share.
- Currency.
- Contracts.
- Commodities.
- Indices.
Which options are better for speed trading
HIGH-SPEED BINARY OPTION – AN OPTION WITH AN EXPIRATION TIME OF 60 TO 300 SECONDS
High-speed binary options are considered the most popular, although with the highest risk. However, in order to catch price changes, we need to correctly determine the asset and type of option. Trading on speed options is similar to scalping during trading in the forex market. Therefore, as there, we often use trading, according to the news, because with the news, there is a strong price fluctuation around its average. The best binary option for fast options (from 30 seconds to 15 minutes) is currency pairs. Compared to other assets, the currency lends itself to the greatest influence of news.
The best options for news trading
It is a very important question which assets are best to use when trading binary options using strategies for news trading. As you know the main economic news, we know in advance. We know when they come out and what they can affect. The strongest influence is exerted on currency pairs. Therefore, this currency asset itself is considered the best for news strategies. You can also use raw materials. Indices and stocks depend on other indicators. Therefore, it is necessary to look for other news channels for them.
What Are The Best Options For Volatility
When choosing the best option to trade, we need to check its volatility. How quickly the price changes and what volumes are on the market. This is done in order to choose the most profitable asset. So, for example, if we choose a currency, the price will change with a large amplitude, while the price of gold will move slowly.
What is volatility?
Volatility is a term that is used to refer to fluctuations in trading prices over time. It is believed that the wider the range of price fluctuations, the higher the volatility. For example, a security with a sequence of closing prices of 5, 20, 13, 7, and 17 is much more volatile than a similar security with a sequence of closing prices of 7, 9, 6, 8, and 10. Securities with increased volatility are considered riskier because it is assumed that the price movement on them – up or down – will be more significant compared to the performance of similar, but less volatile securities.
The volatility of a pair is measured by calculating the standard deviation of the returns. The standard deviation shows how much the values deviate from the mean (mean). With small fluctuations, we will not use options with a long time interval and a large distance to the required price of a binary asset. It is important to remember that the higher the amplitudes, the more you can earn. Along with the opportunity to get high profits, the risk also increases. Therefore, it is necessary to determine which type of option is better and which strategy to use. Be sure to choose the right asset.
Best Binary Options on Currency Pairs
ON BINARY OPTIONS CHARTS, THE CURRENCY IS IN THE FOREX SECTION. THE BEST OPTIONS ARE RELATED TO THE EURO AND THE US DOLLAR
Binary assets – currency pairs – are very popular. The best ones, for binary trading, are those that depend on changes in the global economy. Due to their volatility, it is possible to find more moments to enter a trade. Thus, increasing the number of correct, justified transactions.
- EUR/USD – Euro/US dollar.
- GBP/USD – British pound/US dollar.
- AUD/USD – Australian Dollar/US Dollar.
- NZD/USD – New Zealand Dollar/US Dollar.
- USD/JPY – US dollar/Japanese yen.
- USD/CHF – US Dollar/Swiss Franc.
- USD/CAD – U.S. dollar/Canadian dollar.
The best options for fundamental analysis
A more accurate prediction can be made when fewer factors affect the asset. Fundamental analysis is a term for methods of forecasting the market (exchange) value of a company based on an analysis of the financial and production indicators of its activities. Fundamental analysis of a binary asset, you need to use stock options. As we know that the value of a stock, reflects the price of the company, so we can determine the trend of the price. If the company earns, the price will go up, but if the company pays dividends, the price will go down. Since all companies are traded on the stock exchange, they put information on public display.
Based on the above, you can conclude that if you follow any one company, record all the activity and study it, you will be able to predict the raging price movement. Of course, this type of asset is not always of interest to traders, since the result must wait a long time, relative to other binary assets.
Best Strategies for Binary Options
We receive letters from traders asking about the best strategy for binary options. For those who have no experience in trading in the financial market, we would like to show a few highlights when choosing the best strategy.
- First of all , there is no better strategy. There are many theories and approaches on which strategies are based. For example, technical and fundamental analysis of the market, candlestick analysis and analysis of patterns (graphical patterns). To understand what is better, you just need to test and study everything that would stop at a more effective one.
- Secondly, the definition of parameters for the use of the strategy. If you are interested in scalping (speed trading) on forex, these strategies are fundamentally different from the strategies inside and long-term
- Thirdly, for each type and type, binary options have their own strategies. You will not be able to choose the best strategy if you use them on different types. It is necessary to do a test and determine for which asset, which strategy is suitable.
Don’t look for the best strategies, look for the best outcome.
Which Platform Is Best For Binary Options
Today, there are several trading platforms for binary trading. The main ones are: SpotOption, TRADOLOGIC, Airsoft, Panda, Tradesmart. The differences between trading platforms are mainly the number of assets and types of options. Therefore, we can see brokers with 80 assets, and there are brokers with 250 or more. Also, bidding providers offer additional services. SOCIAL TRADING, Follow trading is very common.
Certain platforms are connected to robots or signals. When choosing a broker, pay attention to what the broker itself offers, as well as what the site on which it is located supports. We have brokers on all platforms in the rating. At the broker, determine what the top option for your strategy will be and whether it is in the provider’s list of assets.
Inference
The question of what and which option is the best is not the right question. Because there are three components: the type of option, the type of asset and the strategy on which we want to trade. Only with the correct selection of these three components will we get a positive result. Before trading, properly simulate your behavior and manner of trading. Write down a detailed plan of action. When starting to trade, you need to choose a broker who has all the tools for your trading.
