How Trend Options Work
If you are looking for fast gratification, the VXmarkets platform allows you to ride the short term trend with 60 second expires. Simply choose the asset, enter investment amount, click on “CALL” if you think the price will rise in 60 seconds, or “put” if you think it will fall in 60 seconds. Click on apply, and wait for expiry. You will know the outcome of your trade in less than 60 seconds. You can open multiple positions, and profit in no time! 60 Second trade options are similar to the standard Binary Options trading option except that the expiry time is limited to a maximum of 60 seconds, this means you are able to place trades quickly and and see the result in less than a minute. To get started trading 60 second options following these easy steps:
- Login to your trading account and navigate to the trading interface
- On the top trading navigation bar next to “Binary Options” you will see the “Trend” tab, click on this.
- In the asset drop down box is a variety of assets to choose from that you can trade with 60 second options. Make your selection.
- Insert the amount you wish to invest in the investment amount box, the minimum amount here is $5.
- Now you need to select which direction you think the asset will take, if you think it will increase above the strike price (the value in the center block between the CALL and PUT buttons) then select “CALL” or if you think it will end below the strike price at the end of the expiry then select the “PUT” button.
- A small window will open asking you to confirm your trade, click “Apply”
- Now you just need to wait for the expiry (less than 60 seconds) to see the result.
Benefits of Trading Trend Options
- Fast quick trades without waiting lengthy periods.
- Your investment is locked in for a very short period
- The outcome is known within a minute
- When used effectively, opening multiple trades at once can render high profits