If we want to win consistently in binary options, we need to have good strategies. When dealing with financial assets, it is essential to be methodical, to have the ability to anticipate and use the most appropriate tactics at all times to be able to play with an advantage.
The binary options strategy must provide us with a high success rate, since by the design of binary options, if we lose the same percentage of times as we hit, in the long run, we will lose money.
One of the strategies most used by many and which is sometimes not even considered as such because it is usually done almost instinctively is the hedging strategy. Its objective is to minimize the losses of an option that is going to end in negative.
If we are going to work with a specific asset pair, we can choose the margin strategy. If we determine the price range that a specific asset usually has, it will be much easier for us to find out until what value its trend may rise or fall.
To carry out this strategy, you will have to buy a CALL option when the price is more or less low so that it rises during the option or vice versa if we choose to buy a PUT option.
Bollinger Band Strategy
Bollinger bands are also a widely used strategy since, thanks to their bands on a chart, it is much easier to control the bullish and bearish movements of the market and operate accordingly.
This is a simple strategy that many of you will have already implemented. What we need is an economic calendar and a news platform that is updated every so often to be aware of everything that happens with the markets.
If we base ourselves on the economic calendar, we will be able to prepare and study a strategy with notice. In case of the news, we only have to be attentive to the events since it may be the announcement of a purchase-sale of a company, alliances, results of elections, natural disasters, among many others.