IQ Option: how to correctly trade with this service?

The IQ Option Company offers the most favorable interest in asset trading. Transactions on 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 such conditions as the IQ Option. How to trade with this service?

What is important to know?

It is worth noting that the trading platform IQ Option is no longer active for residents of Russia.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 (feedback is 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 correctly?

The strategy for 1 minute transactions, which is described in this article, excludes a long analysis of the schedule. In this type of trade, decisions need to be made quickly. But for a start, it's worth to talk in more detail about the method by which the strategy was created.

The basis of the strategy for making short transactions

Demand and supply is what causes the market price to move up and down, thereby increasing or decreasing the volatility of the currency pair. More buyers - more demand, which leads to an increase in prices. If there are more sellers on the market, then the price decreases.

There are many other factors that affect the movement of prices. Any of these factors can create market noise, characterized by sharp jumps. It would seem that an understandable and well-forecasted price can change in a few seconds.

Sometimes the price moves predictably, forming a clear trend. But under the influence of some factor begins to be capricious and change direction, which must be noticed very quickly. It is the speed of the trader who calculates the IQ Option. How to trade with his help?

Influence of market movement

If you view the price movement graphs, then, first of all, you need to fix an uptrend. But still, the price most often does not move strictly on the trend, but forms micro-trends (broken line). Cases when the price moves in a certain direction without sudden jumps are quite rare. If you noted this trend, then rest assured - it is short.

Applying a strategy for fast transactions

For this strategy deals are suitable for 1-3 minutes. At the initial stage, in order to avoid accidental mistakes, it is better to open transactions for 2-3 minutes. When there is more experience and knowledge, you can reduce expiration.

To get a better return, you should choose assets with large 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 the trading sessions in Europe and America (beginning around 10:00, completion around 21:00 Moscow time).

Selecting an asset

If the trader closed the deal in plus, then you can wait for a suitable situation for the next transaction. If the deal closes in the minus, then the most interesting begins. This strategy does not help in choosing an option and time for a successful transaction. It helps to compensate for the loss, if the forecast was not justified. Next, consider an example.

Evaluating the market situation, the trader sees an uptrend. He opens the deal for a raise with expiration in 2 minutes and cost $ 1. The trade is automated, so the deal closes after 2 minutes or with a profit (for example, 90%) or at a loss (- $ 1). It is on these principles that the binary option IQ Option works.

Transactions on the strategy of turbo options

According to the strategy, you need to immediately open another deal with the same conditions (expiration and trend) as the first. The cost should be increased 2 times 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 (it is 90% of $ 2), then when making the next transaction, you need to select the cost of $ 1. If the transaction was unprofitable, then we select a 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 much profitable, the trader will not cover the loss and will not increase the deposit.

This is the strategy used when working with the IQ Option. How to trade is easy to understand, but is everything perfect in practice?

disadvantages

However, the strategy for turbo deals has a minus. If the wrong direction was chosen for the first losing trade, then all the others will automatically be against the trend. But the movement of the market is very difficult to predict for certain. Accidental rise and fall in prices, kickbacks, and trend breakdowns - this is enough to close options in plus.

However, the price is very sensitive, and sometimes enough to close the transaction in plus one point in the right direction. All diligence and excitement will pay off when this strategy will increase the deposit and you will cease to worry about the large losses in the past. That's why the reviews on the IQ Option are so positive.

Traders use a wide variety of indicators and strategies for market analysis - the "poke" method, carefully identifying a trend line or based on indicator signals (for example, EMA). But the strategy described is not aimed at finding the most successful entry point to the transaction, but for covering the losses of failed trades. In addition, very good in the IQ Option withdrawal of money. User reviews report that the earned money can be withdrawn as a plastic card, as well as various electronic wallets.