IQ Option offers the most profitable interest when trading assets. Transactions in currency pairs bring an average of 85-92% of profit. Such a bonus should definitely be used to increase your deposit. Few people can offer conditions like the IQ Option. How to trade with this service?
What is important to know?
It is worth noting that the IQ Option trading platform is no longer active for residents of Russia. Therefore, only residents of other countries can use it today. However, there are other options that are not inferior to the IQ Option (which reviews are positive) neither in the choice of instruments for trading, nor in the choice of a currency pair. For example, brokers Olymp Trade and Binomo offer trading on a demo account and the ability to trade on a live account, replenishing it with $ 10.
IQ Option: how to trade?
The 1-minute strategy for transactions described in this article excludes a long analysis of the chart. In this type of trade, decisions must be made quickly. But for starters, it’s worthwhile to elaborate on the method by which the strategy was created.
The basis of the strategy for short transactions
Supply and demand - this is what makes the market price move up and down, thereby increasing or decreasing the volatility of a currency pair. More buyers - more demand, which leads to higher prices. If there are more sellers on the market, then the price is reduced.
There are many other factors that influence price movements. Any of these factors can create market noise, which is characterized by sharp jumps. It would seem that a clear and well-predicted price may change in a few seconds.
Sometimes the price moves predictably, forming a clear trend. But under the influence of a factor, she begins to act up and change direction, which must be noticed very quickly. It is the trader’s speed that IQ Option counts on. How to trade with it?
The impact of market movement
If you look at the graphs of price movements, then, first of all, you need to fix the uptrend. But nevertheless, the price most often does not move strictly along the trend, but forms micro-trends (broken line). Cases where the price moves in a certain direction without sharp jumps are quite rare. If you noted such a trend, then be sure - it is short-lived.
Applying a strategy for quick deals
For this strategy, transactions lasting 1-3 minutes are suitable. At the initial stage, in order to avoid accidental errors, it is better to open deals for 2-3 minutes. When more experience and knowledge appears, expiration can be reduced.
To get more profitability, you should choose assets with big bonuses. One of these assets on brokerage platforms is the EUR / USD pair. You can work with this currency pair at any time of the day, but high volatility is noted during trading sessions in Europe and America (beginning around 10:00, closing around 21:00 Moscow time).
Asset selection
If the trader closed the deal in plus, then you can wait for a suitable situation for the next transaction. If the deal closed in negative, then the fun begins. This strategy does not help in choosing the option and time for a successful transaction. It helps to compensate for the loss if the forecast has not been justified. Next, consider an example.
Having assessed the market situation, the trader sees an uptrend. He opens a promotion deal with an expiration of 2 minutes and a cost of $ 1. Trading is automated, so the transaction closes after 2 minutes or at a profit (for example, 90%) or at a loss (- $ 1). It is precisely on these principles that the binary option IQ Option works.
Turbo Options Strategy Transactions
According to the strategy, you need to immediately open another deal with the same conditions (expiration and trend) as the first one. The cost must be doubled to cover the loss of the previous option.
Choose $ 2. Further actions depend on the outcome of the transaction. If the option was profitable, that is, + $ 1.8 (this is 90% of $ 2), then when making the next transaction, you need to choose the cost of $ 1. If the deal was unprofitable, then select the deal with the same parameters, but for $ 4.
The essence of this strategy is to increase the value of the previous transaction by 2 times. This scheme helps to rapidly increase the deposit. Because, having made several unprofitable transactions, and then as many profitable ones, the trader will not cover the loss and will not increase the deposit.
This is the strategy used when working with IQ Option. How to trade correctly is easy to understand, but is everything really perfect in practice?
disadvantages
However, the strategy for turbo deals has a minus. If the wrong direction was chosen during the first losing trade, then all the others will automatically be against the trend. But market movement is very difficult to predict for sure. Accidental rise and fall in prices, kickbacks, breakdowns of the trend - this is enough to close options in plus.
At the same time, the price is very sensitive, and sometimes to close a deal in plus one point is enough in the right direction. All efforts and worries will pay off when, thanks to this strategy, the deposit increases and you stop worrying about big losses in the past. That is why IQ Option reviews are so positive.
Traders use a wide variety of indicators and strategies for market analysis - the “poke” method, carefully determining the trend line or based on the signals of indicators (for example, EMA). But the described strategy is not aimed at finding the most successful entry point into the transaction, but at covering the losses of failed transactions. In addition, the withdrawal of money is very good in the IQ Option. User reviews report that the earned funds can be withdrawn both to a plastic card and to various electronic wallets.