The advantage of trading short-term options is that in one hour of work, a trader can open many trades and receive substantial income. Experienced market players are able to open several such transactions at the same time and make decent money on it. We bring to your attention the binary strategy “Ladder”, which does not require special training and will be a real assistant for a trader working with express options.
Features of the “Ladder” strategy
The “Ladder” binary strategy is a simple and effective technique that will be especially useful for beginners in binary options. The system does not require special theoretical knowledge and serious trading experience, you do not need to install indicators to work with it, you just need to use the “live chart”.
You can also open an account with the Binomo binary options broker ( Binomo review here) and work on the strategy in the company’s convenient terminal.
Features of the Binomo broker for strategy
The advantage of the Binomo broker’s terminal for the “Ladder” strategy is that during trading you will be able to see a visual display of an open position on the chart itself. When you open a trade, you will see a dotted line of the level of this position:
This will give you more options. If the contract goes at a loss, you can open several trades in the direction of the first contract. Or in another way, if your trade went in the opposite direction to your forecast, add more positions in the hope that the quotes will go in the opposite direction:
This will allow you to earn total income on all contracts concluded:
How to trade using the “Ladder” strategy
As you already know, the dynamics of a particular asset is a continuous movement with constant trend changes, it is both an increase and a fall in its value, it is also a brief decline in indicators with a pronounced increase in the price of an asset and vice versa. “Ladder” works just with such jumps, lasting only a few minutes. To determine them, you do not need additional binary indicators or special programs. All you need is a “live schedule” and attentiveness.
Features of the chart for trading according to the strategy
- Frequent updating of the schedule. Express options last 1 minute and it is necessary to carefully monitor the dynamics of the value of quotes. For the best effect, it is worth setting up a chart update every 15 seconds in order to see price jumps in time.
- All data must be relevant to the market situation. The possible error is no more than a few seconds, otherwise you will only see what happened in the market before, and this is unacceptable in trading express options.
Working according to the strategy, traders monitor the dynamics of the asset, determine the long-term trend (the price either gradually rises or falls), and wait for a short-term trend change. Mindfulness and concentration are needed in this process. Trades are made at times when trend changes are just beginning.
An example of trading using the “Ladder” strategy
Trading on the binary strategy “Ladder” takes place in several stages. At the same time, the process of this work is simple and understandable even for a beginner in trading:
It is necessary to decide on a binary broker (the current rating of binary options brokers is here), a currency pair;
Set timeframe;
Identify market trends;
Add a trend line to the chart. Trades are placed on the rebound of the line:
If there is a breakdown of the trend line and quotes begin to move in the opposite direction, you need to open additional positions and wait for them to return to the main trend:
It is worth opening 3 quick trades during the 30-60 minute trend.
Risk management
Despite the fact that the binary strategy “Ladder” is simple and understandable enough for those traders who do not yet have trading experience, it is important to remember the risks of this system. The main risk of the strategy is that the new trend may not be short-term, that is, there will be a global change in market sentiment. Therefore, it is important not to conclude more than 3-5 transactions according to the methodology and not to open transactions if the old trend has exhausted itself.
The advantage of the strategy is that even if the last transaction is unsuccessful, market players will remain “in the black” in any case.
Strategy “Ladder” at the broker Binomo
In order for the binary strategy we offer today to bring you a decent income, choose only reliable binary options brokers for work, for example, the Binomo broker. Its advantages: the functionality and convenience of the terminal, advanced settings (chart type, indicators, a large selection of options, expiration dates, etc.), convenient withdrawal of funds, promotions – all this makes trading binary options with Binomo very profitable. Get acquainted with the reviews of real traders about the Binomo broker, as well as take part in an active discussion of traders here.
A detailed review of the Binomo broker is here.
Go to the official website of the Binomo broker here.
In order to buy a
CALL
option in the Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy
a PCI
option in the Binomo trading terminal, follow these steps by going to the binomo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Bonuses broker Binomo
One of the advantages of the Binomo binary broker is the many different promotions and offers, which you can check out here. Working on the platform with bonuses, the trader not only gets a good chance of a decent income, but also achieves the maximum from trading.
The best bonuses of the Binomo broker
Binomo Weekly Tournament
Free tournaments from the binary broker Binomo are a unique opportunity to get real money without your own investments. They can be withdrawn in a convenient way or put into trade. Tournaments are held on Thursdays, traders with any experience who have a demo account with a broker can participate in them. The main prize, which is awarded to the winner with the highest profit during the tournament, is options in the amount of $ 150.
Participate in the Binomo tournament
