Choosing an asset base for trade

A successful trade considerably depends on the correct choice of an asset base that you will track.

Despite of the fact that the Company offers a wide range of assets, it is better to settle on one or two, thoroughly think through the principals of their movement and work only with them.

Assets base can be of the following types:

Commodities futures. These are oil and metals, which price depends on the world relation “demand/ supply”.

Currency pairs. The most popular and common asset among traders due to the understandability, movement predictability and good volatility.

Besides choosing an asset base, an digital contracts expiration time should be chosen. This is the time within which it consummates and a trader knows a deal result. According to the expiration time, Digital contracts are:

turbo-digital-contracts (expiration time from 60 seconds to 5 minutes);

short-term (expiration time from 5 minutes to 1 hour);

medium-term (expiration time from 1 hour to 1 day);

long-term (expiration time from 1 day to 1 week).

There are strategies, assets base, points of entering the market and trading time for every type of digital contracts. It is very important to understand. However, long-term digital contracts are the least popular, because you are not ready to wait for weeks until a bet triggers. And as for turbo-digital contracts (60 seconds), you should be to the upmost caution, - a price can change very fast.

In order to use them, it is better to practice on a medium time of expiration.

Medium-term instruments are also suitable for the majority of strategies and allow correctly hedging your risks. In general, the main rule – is to adequately choose a trading strategy, suitable for the selected type of digital contracts and consequently profitable.