Markets World Binary Options - 60 Second Options?

Michael Joseph Presley tests Markets World's 60-second binary options and finds they save time but require adjusting risk to 2-5% per session due to higher frequency. He favors GBP/JPY during European hours and recommends them only for traders seeking faster growth or with limited time.
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Hey guys, welcome back to the channel. And today we want to discuss the infamous 60-second option. You know, is it something that we should be doing? Does it work? When's the time to do it, if we should do it at all? And what are the pros and cons to it? So, you know, I want to say you know, in particular with our system, um, you know, 60-second options, um, uh, as I understand, or as I came to find out, Marcus World does use 60-second options. And I don't know why I didn't discover that before. I don't know if I was as thorough as I should have been with the system, or if it was added later, or if I just pretty much overlooked it psychologically because, uh, I was you know, always against 60-second options. But lo and behold, Marcus World does have 60-second options, and I've been spending the last few days doing some research on their 60-second options, you know, feature. And basically, you know, using specifically the same principles we use in our trading systems, I found that they work about the same You know, and I find that interesting, and it's kind of— I wouldn't say it's completely caused me to turn my position or change my position about 60 Second Options, but in particular with our strategy and system and with some of the issues that have, that have come up with using our systems, I can see many pros to 60 Second Options. And, you know, just to quickly address some of the issues, time management is one of them. You know, our system, it does have some, some issues, some of which relate to low amount of trading volume plus time. And we know that time is a precious commodity like any other resource that, you know, we exchange our time for resources and money, time with our family, you know, whether it's not even a financial matter of time, it could be, you know, spending time with our families and things like that. But we need time, and when we give it up, we're losing in some other area. So, you know, of course, if we're using something like the 60 Second Option, we're cutting our time tremendously. And potentially making the same amount of money. So, you know, so what does that mean? Does that mean we should do 60-second options? I guess the answer is yes and no. I guess the yes is going to depend primarily on your particular situation. A lot of people who've had questions for me about trading, one of Some of which has been, hey, you know, I work all day, I just can't sit up here and trade all day. And I come home in the evening, maybe I do have a little bit of time to do a little bit of trading, but you know, I only have so much time to spend with the wife, the kids, the family. So in a case like that, if you know, if you just have a very limited amount of time to trade in a situation like that, and this is the only way you're going to trade, then 60 Seconds may be a viable option for you. It may be, uh, you know, as well as, um, you know, some of the, uh, uh, findings I'm coming out with is it's seemingly to match the results of our other trading, uh, strategies. But I think that's only because of how our trade situation is designed. You know, it's designed to take several trades to, you you know, basically use them as one trade. And so in that regard, it might be, you know, a little bit more usable. But in addition to that, you know, I would also highly recommend that you do increase the amount you're trading with as well, because as you're, you know, reducing the time, cutting in half, that means you're actually doing a lot more trades than usual. And we know that the more trades you do on a ratio basis, you're going to increase the chance of losing, you know, in our probability scale models and things like that. So that's something to pay attention to as well. I would recommend though, if you did use this second option specifically with our situation, you know, that you keep the same percentage gains that we've described per session. That's using 2%, 5% per trading session, per major trading session. And if you're using the, you know, the pound or the Japanese yen or the pound or the US dollar, specifically with the pound or the Japanese yen, we know that the European— going into the European session, you know, the hours of like 2 AM to 4 AM Eastern Standard Time is going to be a situation that creates less pips movement for the pound over the yen, which is a currency pair I've been sticking with for right now, and it's been doing pretty well. If that changes, I'll let you all know. But yeah, those are some of my major thoughts with 60-second options, and I've only tested this on the Marcus Rowell system. You know, other systems like Nadex that I recommend Uh, you know, my thoughts on the Nadex is that, uh, I personally would stick with the week-long options for the Nadex contracts. It's just structured differently. There's an entire different, uh, situation with the Nadex, uh, than what you have with Markets World. So, um, you know, basically you have to be mindful of that. Um, you know, but again, guys, um, you know, I have done some trades over the last few days. These are some I did today. And, uh, you know, one of these trades— well, I can't really count if you see me cross over from April 17th to April 18th, and as I had to stop yesterday, uh, take care of some things, you know, in my practice rounds. But, uh, you can see that I was still able to clear the trade at position 6, you know, when I got up to, uh position 6, but that was a continuation from yesterday, and we tried to get all our trades into one trade done on one day. And, uh, you know, I always say that if you're watching my videos for the first time, sometimes you might come in and, uh, as we're kind of going in order with certain strategies, you may not understand certain things we're talking about. And so you can go back and you can, uh, watch our trading playlist, and you can, you know, kind of start from the beginning. Really get a full understanding of how this works, and I invite you all to do that. But yeah guys, those are my thoughts on it. If you're gonna go on a MinuteOptions, if you're just really busy, also I just want to say, you know, listen guys, if you got a full-time job where you can't do this but you want to do this, I mean, even if you're getting in one trading session, it could be the 7 PM Eastern Standard Time going into the Asian trading session. If you're getting 2 to 5% per day, guys, you know, after spending maybe— if you're doing it with a 60-second option and you're spending like 5 minutes, you know, a day to get 2 to 5%, you know, return on your dollars per day, I mean, I think that's still pretty good, and you've only lost about 5 minutes of your day. Uh, so, you know, that's something that can be quite advantageous for you if you're going to do 60-second options. But again, guys, I will only advise 60-second options in those specific particular situations, or if you just want to grow your account double time, double the speed. You can look into this. It all depends on how ambitious and aggressive you want to be. But if those aren't things that are pressing concerns for you, if you just want to experiment with this or just, you know, supplement your income with this or grow a little something on the side for retirement or what have you, then I would advise you just stick with things other than 60 Second Options. But it is available here at Marcus Rural. I don't know how I managed to miss it. Again, I think I may have mentally just blotted it out because, uh, I was against them, you know, for so long anyway. But after testing them out, doing some stuff with them here specifically with our strategy on the Marcus Rule system, at this point I can't really see a large difference between 60-second options and your standard minute options. I say things under 15, under 30 minutes or so. So that's all I want to say about that, guys, in this particular episode. If you have any questions, feel free to comment. I will try to answer them as soon as possible. And until next time, guys, take care.
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