Been trying the 60 second strategy for a month now. Thought I’d share my experience.
Started with small trades, gradually increased. Had some good days and some not so great.
Anyone else use this strategy? Curious how it’s working for others and if there are ways to improve.
60-second trades:
• High risk
• Requires precise entry/exit
• Affected by spread/slippage
• Better for ranging markets
Consider longer timeframes for more consistent results.
60 sec can be hit or miss. My win rate’s around 62% after 3 months. Timing entries is key.
I’ve blown accounts with 60-second trades. Lost $5k in a week chasing quick wins.
Now I stick to 5-minute expiries minimum. Last month, I had a 71% win rate on EUR/USD using this timeframe.
60-second trades are tempting, but they’re a minefield for emotional decisions. Trust me, I’ve been there.
The 60 second strategy can be a rollercoaster. Tried it for a few weeks and found it pretty stressful.
These days, focus more on 5-15 minute trades. Gives more time to analyze and less panic. Win rate’s better too.
Whatever you choose, stick to your risk management rules. No strategy works if you’re betting the farm on each trade.
60-second trades are a gamble, plain and simple. Been there, done that, lost money. Switched to 5-15 minute expiries and my results improved dramatically. Less stress, more time to analyze, better win rate.
Key is to have a solid strategy and stick to it. Use proper risk management - never more than 2% per trade. And for the love of profits, don’t chase losses.
If you insist on 60-second trades, at least backtest your strategy thoroughly. But honestly, you’re better off with longer timeframes. Gives you room to breathe and make rational decisions.