Binary Option Club has made a new video available to provide a step-by-step explanation of binary options trading in Touch mode.
Welcome to this Binary Option Club tutorial video.
This is a review of binary options trading in Touch mode.
Touch mode consists of defining whether an asset’s price will reach the upward or downward limit established by the platform.
More specifically and contrary to the Above/Below mode, it is enough if the asset’s price reaches the limit for only a fraction of seconds, and you will earn a benefit between 81% and 300% during the weekend on certain platforms.
It is preferable to choose assets whose price is volatile, because a non-volatile asset will have very little chance of reaching the limit established by the binary options platform.
We therefore recommend trading in Touch mode only assets whose price can vary very strongly.
We will therefore trade the EUR/USD pair as in our previous example. Two possibilities are being offered:
“Upward” or “Downward.”
If you expect the price to reach the upper limit, click “Reach upward”; or if you expect it to reach the lower limit, click on “Reach downward.”
We decide to click on downward. We enter the amount to be invested and await the expiration of our contract. Note that if the asset has reached the limit we have chosen, profits will be directly credited to the balance, without having to wait for the binary options contract to expire.
This marks the end of our tutorial video on trading in Touch mode. To learn more, click on the link below.
To view the following tutorial video, click here to be redirected to the Binary Options: Tutorial Range page.