When you trade a binary option you will be trading a range of different assets and making money from the prediction of the price direction. However, you have to know when the best time to trade the different assets will be. If you do not trade at the right time you are not going to be able to get the most out of the binary option trade you open.
When You Should Trade
When you trade binary options it is best to trade when there are a large number of traders online. The large number of traders increases the activity on the market making them more liquid and volatile. This activity will generally push the price of the asset you are trading to your target price before the expiry date of the trade is reached.
If you are going to trade currencies with empire option then you can do this at any time as the forex market is always open during the week. There are certain times when the forex market sees the most activity and you need to know when this is. These times are also linked to the currencies that you are going to be trading as certain currencies trade better at certain times of the day.
If you are going to trade stocks with binary options then you need to know which exchange the stocks are on. Stock exchanges are open during business hours of the country they are located in. You should look at trading only during these times as this is when you will see the most movement on the asset that you want to trade.
When you look at trading binary options you have to consider when the best time to trade the asset is. Most assets will have certain times of day when you should trade them. Taking note of these times can help you make the most out of the trading that you are going to be doing.