The One Touch Options is one of the most challenging trading tools present in the market. It is also one of the most lucrative tools at the same time. Its generous payout, which extends to 500%, tends to attract a lot of traders.
What is One Touch options?
This tool is also known as One Touch binary options – it allows traders to benefit from a smooth trading experience. However, it is very challenging as traders do not get to select an expiry time, the tool already sets a fixed expiry time for all assets compared to other tools. Traders need to carefully check the strike rate of the asset before proceeding with a trade. A strike rate is the term given to the price to which the underlying asset is when it has been purchased.
Simply, traders need to consider the actual price, the predetermined expiry time and the strike rate of the asset.
How to make an optimum use of One Touch options?
In order to make an optimum use of the One Touch options tools, you should first understand its key attributes. Once you grasped all the elements essential for the smooth running of this trading tool, you can proceed to learn how to use it in a profitable way.
Basically your trades needs to touch the strike rate or even outpace it. On the other side, you can also decide that the price of the selected asset will not reach the strike rate. In this particular scenario, it is called a No Touch meaning that the price will eventually go down without touching the strike rate.
At Stellar Finance, we are fully aware of the financial opportunities which the One Touch options trading tool offers. Follow the next steps to trade with the One Touch trading tool.
- Step 1: In order to use this tool you need to have a funded trading account with Stellar Finance. If you don’t have one, you are kindly invited to open one here.
- Step 2: Once you have an operational account with Stellar Finance, you can proceed further by selecting the One Touch options tool situated on the trading platform.
- Step 3: Before placing a trade, you will be asked to choose an asset and an investment amount according to the number of units you want to trade for. If you are having any difficulty taking decisions, please check our “advice to trade with One Touch Options” section below.
- Step 4: The next step is to decide whether the price of the asset chosen at Step 3, will touch the strike rate or not. Do not feel confused if you don’t see the traditional Call and Put Options for this tool as you will have to choice between Touch Up and Touch down. If you think the current asset’s price will rise and touch the strike rate, then select the Touch Up Option and vice et versa.
- Step 5: Now that you have placed your trade, this last step is a piece of cake. You only have to monitor your trade and wait for the money to roll in!
The competitive edge of One Touch options.
When you use the One Touch binary options, you will see that it is made up of 2 different charts. These 2 different charts will give you the opportunity to better understand the trend of the chosen asset.
Furthermore, when you select One Touch, you increase your chances to win higher profits as the percentage payout attached to this trading tool can go up to 500%.
- This tool allows traders to place an order on stocks only, but Stellar Finance provides the option to trade on indices also.
- Additionally, whatever prediction you make on the selected asset, whether the price rises or falls, you are going to make profit from this deal.
- That is, even if you have predicted that the current price of the asset will not meet the strike rate and invest in a No Touch options, you are still in the money.
Our advice to trade with One Touch options
To ensure that our traders make the most of the One Touch options trading tool, below is a few pieces of advices for our traders.
- This tool is destined for all traders at Stellar Finance. Therefore, if you are a beginner and want to start using this tool, go for it. But you are advised to take down notes regarding the direction the prices are taking. This will help you to better understand the trend of this asset.
- If you are not sure about your prediction, do not invest a large amount of money in your trade. A common strategy used by many traders is to invest only 5% of their initial capital. By doing this, you will never be short of money in your trading account.
- If you want more information concerning this trading tool, feel free to get in touch with us. We will be pleased to help you.