Finding a way to obtain good money safely is naturally tempting. There have been many people trading Forex, stocks and also Binary Options to be able to get funds into their own account. However, very few of them have been able to achieve great success. The problem here often the greed to get more and more money in shorter periods of time. Of course, you want to earn a lot of money to be able to buy everything in life. However, this should be followed the right strategy to get to the goal. In binary options, there are different strategies that should be looked at in detail. These have namely special advantages that lead to the fact that a good profit can be obtained. Dangers and risks are also possible on the other hand, which must not be ignored in any case.

In this article, we would like to discuss the topic of binary options scaredy-cat strategy. Due to the very extensive possibilities that are to be obtained to make friends with the topic of binary options, it is on the other hand to pay attention that a strategy is most useful for trading. Of course, all strategies can be tested at the beginning itself with a demo account of a broker to see which strategy is the most useful and makes the most sense. The binary options scaredy-cat strategy has been done many times by traders and gave relatively good results.

Why a strategy?

A strategy is important to avoid trading blindly. Especially with binary options, it is tempting to just blindly rely on a price and enter it without much background knowledge. When opening a position and only waiting for a result within a few minutes, the mind can go a little crazy. Like gambling, it can be assumed that everything will be fine on the next trade and the lost money can be received again. Thus, the risk of gambling away all one's assets is very high, which of course should not be the point.

Following a strategy is very important to ensure that you do not trade blindly. A plan must be made, which reports how to best deal with a course and when to put money in your metatrader account. The binary options scaredy cat strategy is a strategy that lists a plan on how best to handle money and when to invest.

What are the scare tactics?

With the scaredy-cat strategy, trades are made that do not last longer than 60 seconds. The strategy is to try to make a profit at regular intervals. The basic idea here is to try to trade cautiously and not just wildly. The way of the fear hares requires that one knows a little with the probability calculation. Trades are not executed individually, but in different numbers and directly one after the other. The basic idea is that the lost stakes are recovered with the next trade. Here, however, it is important that there is enough money in the account to be able to invest higher and higher stakes.

As an example, we can start with an amount of 25 euros and a return of 70 percent. At the beginning it is assumed that there is a 50/50 chance of winning. Either a falling or a rising price can be bet on.It is now bet on one of the two results. If a trade ends in a loss, a direct attempt is made to recover the loss. Here it is important to calculate how many trades need to be placed to make up for the first trade. Of course, it is possible that further losses are suffered while trading. Thus, a table must be created that indicates how much the first bet is and how much the second bet must be in order to compensate for the losses. As a rule, one must bet around the two to four trades to be able to compensate for the losses.