Long-shot strategy in binary options trading is linked to increase in risk levels and high payout ratios. Traders make use of this strategy to place a trade as it enables them to get impressive results with just a few trades. It can also help safeguard the investments that have been made by the trader. It can be used successfully using any of the underlying assets that the broker supports. Trades that have predetermined target prices are executed and placed in such a way that they are some distance away from the opening value. The distance between the opening and target prices is proportionate to the pay offs you get from using this strategy. The risk of the trade increases substantially when the target price goes far off from the opening price. The chance that the position may expire out of the money increases substantially when the price goes further away from the target before expiry period. The trader needs to generate a number of small wins, so that they can get a good p