Turbo (60 seconds)
Pros: Quick results, many trades per session.
Cons: High noise, almost gambling. Even correct ideas often lose due to random movement.
Recommendation: Not for beginners. Avoid.
Expiry is the time when your trade closes and the result is determined. Choosing the wrong time can turn a profitable idea into a loss. Let's examine how to choose expiry correctly.
When you open a trade in binary options, you choose:
If the price moves in your direction by expiry time — you win. If not — you lose your stake.
Pros: Quick results, many trades per session.
Cons: High noise, almost gambling. Even correct ideas often lose due to random movement.
Recommendation: Not for beginners. Avoid.
Pros: Balance between speed and quality. Enough time for the idea to play out.
Cons: Still fast, requires precise entry.
Recommendation: Good choice for beginners. More: 5-minute strategy.
Pros: Less noise, more time for the move to develop.
Cons: Fewer trades per session, requires patience.
Recommendation: Great for Smart Money analysis.
Pros: Minimal noise, fundamental moves.
Cons: Long wait, needs larger account for diversification.
Recommendation: For experienced traders with a strategy.
There's no universal answer like "best expiry is 5 minutes." The choice depends on:
Rule: expiry = 2-4 candles of your entry timeframe.