An interesting thing about trading and the reason why most people fail is that they try to catch what are known as reversals. Reversals are simply turns in the market in which they hope to capitalize on the highest or lowest entry point so they can stay “in the money” the entire time until the expiry.
Now although this sounds fantastic, its extremely hard to find when and where these reversals are going to happen. So in order to keep yourself from losing more and more money trying to spot these do yourself a favor and play with the trend until the end. I guarantee that if you are playing with the trend you will have a MUCH greater chance to succeed in trading binary options.
One of the best ways to spot a trend – depending on your time frame for binary options is to play in the direction of the hourly candle. So if I am trading 30 minute expiry times, it would be likely a good idea for me to play in the direction of the hourly candle.