Staying power is the key advantage Forex options give you. You want to be in the trend - but you don't want to have to worry about short term risk. Forex Options Tips - Tips to Increase Profits and Decrease Risk.
A Forex Option gives you unlimited profit potential and your risk is simply the price you paid for the option. Options are a great tool to limit short term risk - but you need to use them correctly and here are two simple tips. Picking the direction of the long term trend is easy; balancing the risk reward in the short term is the hard part. If you have never considered sing Forex Options then you should. They can simply overcome the major problem most Forex traders face - getting stopped out by short term volatility... This means, prices can go anywhere in the short term but so long as the option trades above the price you bought it at, in rising market or below in a falling market you make money.
How ma have you been stopped out by short term volatility, only see the price go right back the way you thought they would, make thousands of dollars and your not in the trade.