Binary Options Double Trade Tactic For Algo Drive Robot Review Experienced Traders The double trade approach in binary trading is used by traders having vast experience in the said field, or by the trained brokers to get the maximum returns. This strategy is applied in the situation when a trader invests in a particular asset; and gradually, he realizes that the market conditions and his predictions are going in the right direction. Under this condition, the trader purchases more options of the same underlying asset. Eventually, the trader will earn more profit using this strategy.
The Knock On Effect Plan The knock on effect strategy is the most useful approach in binary options trading. It is linked with the move in the prices of a particular asset that will ultimately impact the prices of the other asset. The traders after knowing the current news headlines about a particular asset, use knock on effect strategy on the related asset. For instance: the change in the stock prices will have an impact on the index prices.