Binary options trading is quickly becoming Trade Miner Review known by many as being one the simplest ways to make money easily and over short periods of time. Investors can use various strategies to increase their earnings, and one of them is the 'one touch' strategy. This is a basic binary trading strategy that can be used by new or less-experienced traders. Here are five tips on how to successful at trading one touch binary options.
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One touch binary options strategy is all about you as the trader being able to predict and decide on a target price, which is the price you feel the asset will each within a particular time frame, also chosen by you. So both the strike price, which is the price at which you buy the option, and the target price is known to you. Because of this you know just how much the asset's price must move, up or down, for you to make a profit. This in turn means you are aware of the exact amount of money you are risking.
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Like all other binary options trading, one touch trading has two outcomes. The price of the asset will either touch or go past the target price set by the trader and you will make a profit, or the price of the asset doesn't touch the target price and you will lose your investment. For you to make a profit, the asset's price will need to touch the target price you have set, within the time frame you have chosen. Once the asset price touches the target price, the trade ends.
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