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The use of “Binary Options” to generate daily income has grown tremendously in popularity over the last few years. While most newbie traders focus a large part of their time and energy on the standard hourly high/low binary options, they are missing what we believe is the real opportunity to make money trading binary options. Below we highlight the underutilized methods, profitable binary options traders are using to make money online. Check it out:
60-second binary options are a relatively new addition to the binary options marketplace with the first platform, TradesRush, launching these ultra short-term options in mid-2011. Since then Banc de Binary has launched 60-second binary options with others, we assume, to follow suit in the coming months. The beauty of trading 60-second binary options lies in the ability to take advantage and monetize breaking news events. How many times a day do you hear news come out (market or company specific) and see the underlying asset start to move significantly in one direction or another? These breakouts sometime are short-lived, thus making hourly binary options more of a gamble. However, the majority of the time these breakouts will last more than 60 seconds, making 60-second binary options a good call. High probability 60-second binary options trade opportunities present themselves every day in the market. If you are someone who likes to monitor the news and charts throughout market hours, 60-second binary options are a must! Check out the 60-second binary options trading platform of TradesRush and Banc de Binary by clicking on the links below:
If 60 seconds is too short of a time frame for you, how about trying something a little longer, how about a week? Weekly binary options are the most underutilized and most profitable type of binary options trading available on some leading binary options trading platforms. These options are typically only available on the weekend and only on certain platforms like TradesRush and BBinary.
How these weekly binary options work is simple. The binary options brokers use Friday’s closing prices to set high and low price targets for the underlying asset for the next week. If the underlying asset closes above (below) the high (low) price target the trader receives returns up to 700%! See the illustration below:
The beauty in trading weekly binary options lies in the ability to purchase both the call (high) and put (low) binary options and thus taking the direction bias out of the equation. Now you are just hoping for movement above or below the stated levels. The weekly binary options work extremely well when the underlying stock has an event scheduled for the following week (earnings, conference, etc.).
Another underutilized binary options trading modality is the High Yield Touch Options. These binary options are different from standard high/low options in that they profit when the underlying asset touches a specified high or low target within the hour. The payout on high yield touch options can range anywhere from 200% to 350%. Not many binary options brokers offer the high yield touch options but one that does is 24Option. You can check out 24Option’s High Yield Touch Options platform by clicking on the link below:
Some of the methods we mentioned above do require you to follow the markets all day long to effectively identify high probability binary options trading opportunities. Well who really wants to do that? What if you could hire someone else to watch the market, news, and charts and just tell you when to place your trade? Well you can and here’s how.
Binary Options Pro Signals: This particular binary options signal service has been up, running, and producing super profitable signals since early 2011. The binary options pro signals (B.O.P.S) service is simple to use. Everyday you’ll receive 4 or more signals via messenger or email with specific instructions on when and at what level to place your trade. Recent results have been fantastic. You can access recent performance of the Binary Options Pro Signals by clicking on the link below:
For traders looking for more of an interactive signals experience we recommend checking out NetPicks Live Signal Service. Using this service traders gain access to a live chat room every day where seasoned traders identify at least 4 trading opportunities and trade live right along with you. The live interactive nature of the NetPicks Live Signal Service allows the NetPicks instructors to teach you everything you ever wanted to learn about trading in a friendly / interactive teaching environment. Best of all you can try the service out for two for FREE. To take advantage of this exclusive deal, make sure you click on the invitation below: