30 second binary options revolve around High/Low trading. This is considered one of the most basic binary option types
Trades taking place within just 30 seconds are one of the latest forms of binary options for today’s traders, and they’re becoming increasingly common. Brokers continue to take advantage of 30 second binary options in greater numbers, and inspire others to try it for themselves.
You’re likely to know the essentials of what these are if you have experience in 60 second binary options, but it can be incredibly daunting if you’re new to the process of trading with binary options overall.
So, this post is designed to help make it all clearer — so you can start fast trading for yourself.
As with 60 second trades, 30 second binary options revolve around High/Low trading. This is considered one of the most basic binary option types, and involves asking a quick question about the relevant asset — will it trade over or under the current value when the 30 second period is over?
Every trade has its own expiration point to specify when the trade window opens and closes. In this case, it’s very short indeed. While 60 second options were the quickest trades for some time, 30 second binary options have taken their place, allowing traders to get in the money in less time than ever.
Any trader who makes the correct choice of High or Low during the 30 seconds will secure a payout. Sadly, if they were to guess wrongly, there would be no money awarded.
Generally, High/Low trades may run for various periods, such as a whole day or just a few hours, yet 30 second binary options are ideal for a fast fix.
The limited timespan keeps 30 second options convenient, too. You never need to take note of the expiration time — you know exactly when the window closes.
John has gradually become interested in trading for some time, but he’s only recently stumbled upon 30 second binary options. His broker recommends he gives them a try. John prefers currency trading, and starts studying USD/EUR in his quest for valuable options.
Soon enough, John finds an opportunity offering a generous payout of 75 percent, and decides that’s the one for him. John believes the USD/EUR price will increase during the 30 second period, netting him a positive result.
It’s vital to respond quickly and take advantage of options with real potential, so John throws himself into the process.
He chooses to invest 4 percent (let’s say $200) from his personal account into making the trade, and settles on High. It’s worth noting here, though, that brokers may use different terms for this, such as ‘up’, so check with yours to be clear.
John watches the clock for the entire 30 second period, and it seems to last forever. Eventually, though, the price increases as he hoped it would, and he finds himself with an extra $200. That’s it. No fuss. No hassle.
This is why 30 second binary options can be a terrific option for traders looking for a quick gain. John used one of the simplest 30 second binary options strategies to help himself, too: he took the time to do his research and scoured listings for the right opportunity. He didn’t rush into it.
Which brings us to the next point.
In the example we discussed above, John spent time looking at the currency markets and considering his options. He also kept his investment low at just 4 percent, though $200 is still a considerable sum to risk. Putting money into a trade should always be based on some knowledge and awareness of the possibilities.
John could easily have chosen the Low call and lost the $200 within 30 seconds. That’s not ideal for anyone. That’s why it’s so beneficial to make an effort in planning trades and reducing the level of risk you expect to encounter when investing.
And as the cliche goes, practice makes perfect (or as close to perfect as we can get). No trade is guaranteed to go the way you want it to, but applying solid 30 second binary options strategies to the process can take a little of the danger out.
You might find it helpful to run backtesting based on historical data, which is typically easy to load into a quality charting tool, such as MetaTrader 4. Bring your choice of charts ahead one candle, then another, then another, entering the trades as they show.
Use this process to identify the number of 30 second binary trades you could have lost or won. It’s important that you only try demo testing after you can honestly say you’ve achieved a high ratio of wins, to increase your chances of making profits.
Make sure you compensate for any low payouts when calculating, too, as you have to be careful when your average win figure falls shorter than your average loss.
As experienced traders will attest, demo testing is a simple and effective way to apply your 30 second binary options strategies to live data with no risk of losing your own cash. It’s good practice for the real thing, and helps you build confidence in knowing how the entire process works.
While 30 second trading does appear complex and possibly even intimidating at first, putting time into practice sessions makes a positive difference to your mindset.
You could end up making lots of trades within 30 seconds, but you only stand a chance of achieving consistent wins if you’re willing to put time and effort into learning the proverbial ropes.
Some beginners may feel that’s simply not worth it for such short trades, but the extra time invested will pay off when you make smarter investments and behave responsibly with your money.
Avoid rushing into decisions and study the options carefully. When the best opportunities arise, you’ll know.