Each trader chooses the optimum term of expiration depending on his trading style and strategy. Traders beginners usually choose the short-term options which allow them to get profit without resorting to use the difficult trading strategy and the technical analysis.
Short-term expiration — the main account characteristic
Short-term expiration implies the option purchase up to one day, including fast options for several minutes or even seconds. The trader needs to determine the behavior of the chosen trading instrument price for given period. Beginners in binary options trading prefer accounts with short-term expiration, thanks to that this type of trading accounts allows them to learn how to trade and to earn the capital for the subsequent trading, without trading strategy and the principles of the technical analysis application. Short-term options allow earning quickly as usually differ in a wide choice of trading instruments and a higher percentage of profit. They help to get acquainted with binary options trading and subsequently pass to the medium-term or long-term trading connected with smaller risks.
Each binary options broker offers the choice of time interval on short-term expiration accounts. The period of expiration can constitute of 30 seconds only or the whole day. Short-term options allow the trader to quickly join the process of binary options trading, and also to make money in the shortest time. Specifics of the short-term expiration accounts won them recognition and popularity among the beginning traders who take only the first steps in the exchange market.