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In this article we will look at the basic recommendations for boosting your binary options deposit. How to prepare for it, strategies, what to do and what not to do.
What is overclocking
Overclocking a deposit is a sharp increase in the account balance due to aggressive money management . That is, we twist the risks to the maximum, and we expect what will come of it. Typically, overclocking has an initial and final goal, that is, how much money you already have and how much you would like to get. As soon as the required amount is reached, the acceleration stops, and the risks return to normal levels.
Contrary to popular belief, overclocking a deposit is often a compulsory measure, rather than blindly ignoring risks. It is no secret that trading with moderate risks requires an appropriate amount of initial capital for good performance. Without serious investments, the profit will also be very small — in order to become a millionaire on bank interest, you first need to have that same million.
No, of course you can trade with at least $ 100 on your account, then perhaps within a few years you will be able to accumulate decent capital. If you are not ready for such dedication, you probably need to try one of the strategies for overclocking your deposit. You can start with any amount. The only thing is that it should be money that you can afford to lose — definitely not borrowed or borrowed from friends.
The essence of any overclocking strategy is less attention to risk , and more maximum return on investment. That is, the task is to get the maximum profit in a short period of time.
Recommendations and Tips
Choosing an asset
In fact, the choice of an asset does not play a key role. But what matters is the payout percentage for the option for a particular symbol / timeframe . The probability of winning should be as high as possible, which significantly raises the requirements both from the trading system itself and to the assets to be traded.
Regular withdrawal
Having already started earning, do not forget that the earned money still needs to be able to save. To succeed in this business, profits must be withdrawn regularly. Choose a convenient period for yourself, for example, a week or a month, and after the end of each period, withdraw the funds earned in excess of the initial amount.
If the price stands still, you won’t be able to make money. Remember that for a successful overclocking, we don’t have to stay in one position for a long time, we made a profit — we left. If this rule is not followed, then after some time you will have a significant floating loss on your account, which you will not be able to quickly cover.
Therefore, whenever possible, we trade only in a volatile period. In Forex, this is the time of the European and American sessions when a large trading volume is brought to the market . It is also better to exclude Friday from trading. Important economic reports are often released at the end of the week, which can lead to a sharp increase in the amplitude of fluctuations. Given the increased risks, a sharp price movement for multiple patterns could be fatal.
Trading strategy
Besides MM, you also need a reliable trading system — rules for entering and exiting the market. To accelerate your deposit, I recommend paying attention to one of these strategies:
- Simple strategy «Ladder»
- Alternation is a simple and profitable strategy
- Pin Bars and Binary Options — what could be better?
- Testing the Binary Gambit strategy
Management of risks
A risk of 1–2% per trade is an adequate common-sense value. But, if we are talking about aggressive trading and overclocking the deposit, of course, we will have to risk large amounts. At the same time, again, we are not talking about entering “everything”. Not at all, the risk of more than 10% of the deposit is already stupidity, incompatible with a real desire to make money.
Also, do not forget about the Martingale method, which, if used skillfully, can save the account from losses. But, we will use Martingale wisely, without opening more than three knees. Traditionally, the position is increased by Martingale after receiving a loss (unsuccessful trade), in order to recapture the profit in the next one. But there are situations when, for example, you entered corrections in the direction of the main trend , and the price does not even think to reverse.
In this case, without waiting for expiration , you can enter again in the same direction and expiration time, but at a more favorable price and increased volume. That is, the signal of relevance has not lost, but we entered too early. By re-entering at a better price, we still get a well-deserved profit.
If you have experience in applying these systems in real trading, use the combined method. That is, when you receive a loss, we increase the size of the bet using the traditional Martingale method, and in case of profit, we connect the Positive one . But let me remind you once again that this is a very risky strategy and should only be used by experienced traders.
It is possible to go further and open two separate accounts, while trading with moderate risk on one and aggressively on the other. The strategy is as follows: for an aggressive account, we select only the highest quality signals of the trading system, all the rest are traded on a regular account with moderate risks.
I hope you understand that the methods described here are not a panacea. Yes, you will not be able to constantly accelerate deposits and remain in the black. In any case, this is a big risk and your deposit is at stake. Remember that the main goal is to accelerate the deposit to a certain amount, with which it will already be comfortable to work with any strategy, without exceeding reasonable risks.
Conclusion
So, let’s list again the main tips that will help you keep your deposit when using any strategy to overclock your deposit:
- Choose only the most profitable assets;
- The risk is not more than 10% per trade;
- Martingale no more than 3 knees;
- Withdraw profit regularly.
With proper preparation, overclocking a deposit on binary options, the task is quite realizable. Binary options allow you to calculate risks in advance — you always know how many trades you can lose. In this regard, the market meets halfway, simplifying the risk planning process and preserving the psyche.
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