A Straddle Strategy Guide for Binary Options Traders.
A Straddle Option is one whereby a trader is going to be placing two separate trades but on the same trading opportunity. So for example if you are placing a trade on a company’s share value to increase you will also be placing an additional trade on the value of that company’s shares decreasing too.
You may be wondering how it is possible to actually make a profit by placing two different opposite trades on the very same trading opportunity, however you will find that there are occasionally times when such a thing is possible and we shall explain how.
As each Broker is going to be offering their traders a range of promotional offers those offers are paramount to you being able to lock in a profit when using a Straddle trading strategy. The most commonly used promotion offered to traders which are used on Straddle strategies are no risk Binary options trades.
These types of promotions will see a trader being able to place a trade but if that trade is not a winning one then the Broker pays back the invested amount on that trade.
Therefore if you find you are offered a no risk trade from two different Brokers then by placing opposite trades at each of those two Brokers one will see you ending that trade in profit, and the other trade will see you getting your money back from that trade.
Frequently Asked Questions.
Are Profit Guaranteed?
Be aware that you are going to have to fully master the art of placing trades on both side of any single opportunity offered to you at a Binary Options Broker before you can lock in guaranteed trading profits.
The vast majority of trading platforms available to traders from our featured Brokers are going to allow you to program into those trading platforms your own unique trading strategies.
It doesn’t matter what type of Binary Options trade you wish to place or how many trades you want to place all of our featured Binary options Brokers are going to allow you to place as many different trades as you like.
You are never going to find you have to make any type of comprise nor will you have to make do with a much smaller number of trading opportunities and trade types when you are accessing a trading platform via a cell or mobile phone or in fact any type of tablet device.
The only way you are going to find out whether a Straddle trading strategy is going to be suitable to the way you prefer placing Binary Options online or via a mobile device will be to test them out yourself.