Trading Five-Minute Binary Options Successfully

Some traders find success when trading five-minute binary options, while others feel like the following new trader, who said, “I can’t seem to win...ever. They are nearly impossible to get filled on, and you would need to be extremely fast. There is never good enough risk to reward.”

Trading five-minute binary options is definitely fast-paced. In order to trade them successfully, traders need a system they know and must follow the rules consistently every time.

It is usually easy to wait for expiration because of the short five-minute expiration times, but the option to exit early does exist if necessary.

An additional benefit of trading five-minute binaries is being able to trade multiple times during lunch hour. Five-minute binaries are available for EUR/USD, GBP/USD, USD/JPY and AUD/USD with five strike contracts offered for each pair.

A more seasoned trader commented on the success she had while trading five-minute binaries. She said, “Generally speaking, with any system or market, the volatility of the market plays a part in the number of setups. Night time will see less setups than the morning hours. It’s about having an idea of what the market may do, watching for news, and acting on it. It’s about being patient and waiting for the trades. If you try to force it, you may as well just hand the market makers your money.” (Visit www.apexinvesting.com to see the success this trader experienced.)

Remember that with the shorter time periods, the premium or discount differential between the underlying and the strike is now much smaller. If traders are used to having a cushion to lean on, know that with the shorter duration it can be wiped out quickly.

It is possible to have success in the fast-moving five-minute binary option market. Have an expectation of what the market will do, be patient and do not force the trades. Be aware of the news. Wait for the right trades to happen. If the proper signals are not in place, do not take the trade. Know the system and follow the rules. Traders should demo trade until successful with the system and the strategy being used. Invest the necessary time to learn the ins and outs of trading five-minute binary options.