How do it work?
It work on an all-or-nothing principle. The transaction has only two results – the trader either wins or loses. Winning depends on the conditions of the broker (70, 80, 90%), and losing is always 100% of the deposit. Quotes are provided by the price of the underlying asset.
How trading options differs from the Forex market?
The difference is expressed in two main aspects.
First, in Forex we have unlimited expiration time. The deal is closed manually after the stop-loss or take-benefit is reached or when the trading balance runs out of money. BO is a contract with a fixed expiry time.
It opens for 2 hours or 1 hour depending on your trading style. There are also shorter options and turbo options (from 30 seconds). So you have to guess not only the price change, but also the time frame in which it takes place.
Secondly, a fixed loss. A drawdown on Forex can squander our deposit as much as we want. Equally, a benefitable trade makes money as long as the trend lasts.
The contract closes at the appointed time regardless of whether we want to continue. It is also impossible to discount it early with a partial return. We remember: the best trading strategy is simple – it’s all or nothing.
Why is a broker needed?
It are an over-the-counter asset. They can only be purchased from a broker. Brokers also provide an online trading platform, trading account and other tools. Are broker-dealers legally regulated? For now, there is such a law only in the USA. The rest of the brokers are offshore and take advantage of the fact that so far nobody is interested in their activity.
Trading strategies for beginners
The basis of benefitable trading in exchange-traded instruments (stocks, commodities, futures contracts, currencies are strategies that can predict the direction of price changes and limit traders’ risk. You may use ready-made systems or create your own best strategy.
Most successful strategy for 60 second
The key task for every trader, especially a beginner, is to intensively build up capital. Therefore, the best strategy for 60 seconds is a good way to increase your income and move to the next level in this field of activity. It will take a lot of effort and a personal algorithm of actions to get a stable income.
Best trading strategy for Turbo Score
The use of this strategy involves interaction with the following indicators:
- Bollinger Lines.
The specifics of this most successful strategy is based on the WMA line crossing the moving Bollinger chart on the basis of RSI signal crossing the 50% level.
This algorithm is based on the principle of combinational use of various indicators with quick reaction on the movements of quotes. Application of extensive analysis services allows to get more than 80% of correct predictions at 1-minute intervals in the market.
Best 60 sec strategy One Liner
The next most successful strategy, which allows to improve the performance of income at the speed of conclusion of contracts, is considered to be the system One-Liner. It is based on simple indicators available on any platforms for 60 seconds. Therefore, the methodology is becoming in demand because of its versatility. You can try this strategy on the platform of a licensed broker, such as eToro.
How this best trading strategy works
In order to generate predictions with maximum accuracy in a short time frame, it is necessary to draw a valid strategy template on the chart. It is based on the following technical settings:
- The trader opens the chart of the trading asset and selects S15 in the time interval parameters.
- In the section Simple MA a period of 30 should be specified. This tool allows to get technical information about vector progression in the middle term range.
- Use 2 MACD oscillators. In the first case you should choose the interval 5/10/9, in the second case – 20/40/9. Such settings allow you to select the most dynamic trend reversals.
Detent best strategy
Another most successful strategy for making forecasts is the Detent strategy.
It belongs to the indicator category and provides accurate signal generation for 1-minute bets.
How the best strategy Detent works
The technical description of the strategy mentions the use of 2 technological indicators, which evaluate a set of market indicators.
To start working with the system, you will need
To make a deal, you need to provide the following conditions:
- A chart of assets with an interval of 5 to 30 seconds.
- QQE oscillator-type indicator.
- SSRC indicator.
This set of tools provides a quick response to market chart jumps.
5 minute strategy
The most successful strategy of trading is growing due to the ability to solve financial problems in a short period of time. With the use of 5 minute best trading strategy, traders sometimes increase their deposit by a factor of 2 or more. Each trading tactic is characterized by peculiarities and risks that need to be taken into consideration.
Strategy for “Third Candle”
An old tactic that has been used since the Forex exchange and futures trading. The most successful strategy is effectively used for short-term trades on trend reversals and earnings on it. “Three candles” is the best strategy for 5 minutes. The effectiveness of the tactic has been repeatedly confirmed, and the ease of application allows novice traders to comfortably trade.
The system works on a chart that takes into account the position of 3 candles:
- 2 indicators of different colors next to each other give the first signal for a trend reversal;
- The deal is concluded when 3 candles appear, which corresponds to the previous one.
Installation of additional assistants to determine the direction of the chart is not required.
The strategy is characterized by:
- Increased efficiency when making transactions;
- Universality – the strategy is used on all currency pairs.
Even a novice trader can cope with the strategy.
Among the advantages of this best strategy are:
- Increased effectiveness;
- Development of observation and understanding of the market;
- Training of patience at work;
- Various expiry times for benefit.
RSI most successful strategy
The “Three RSI” tactic is available to build using the tools of the MT4 platform. This best strategy is also used for 5 minutes. Three RSI indicators with periods of 5, 14 and 21 are used in trading. Other indicators do not change.
Application of 3 standard indicators allows for this best trading strategy:
- Filter out false signals;
- Strengthen forecast on the contract.
Characteristics of tactics:
- The number of concluded contracts is reduced;
- There are practically no losing trades.
The tactic is suitable for lovers of quiet trading.
Accurate entries by strategy rarely occur, and a large number of concluded contracts leads to lower returns. The “3 RSI” best strategy can be optimized, if desired, by adjusting and adding additional filters in the form of other indicators.
The effectiveness of the trading tactics slightly depends on the asset. This best strategy can be applied to any currency pair or exchange instrument. The time interval used is five minutes, on high timeframes commands will have to wait for a long time.
Using a one-minute chart period is not necessary, because in this case, the prediction accuracy is greatly reduced. It is better to use a time frame of no more than 15 minutes.
Setting the RSI 3 times makes it possible to more accurately assess the situation on the market and find a good deal. Now it is necessary to wait for the moment when 3 indicators at the same time will be in the overbought or oversold area, then the corresponding with an expiration of 3-5 candles is purchased. You can try this strategy on the platform of a reliable broker, such as Binomo.
The “Goldfish” most successful strategy
Another trading system, the name of which is related to the smooth movement of the indicators. The chart looks like a fish swimming in waves, while at the same time the lines give out the most accurate signals for entering a trade.
An important prerequisite for using the tactic is to open a chart on the TradingView platform.
The strategy is characterized by the following parameters:
- Assets are analyzed on minute charts;
- Standard indicator Fisher;
- Stochastic oscillator with settings of 20, 3, 3;
- Contract completion period of 5 minutes or 5 candles on higher timeframes.
Advantages of the trading tactic:
- Higher/lower benefitability – from 100 to 250%;
- Advantageous terms of entry point;
- Increased passability of signals;
- Effective distribution of risks.
You can try to use 6 best strategies by registering on the TradingView platform.