I made just under 40 trades today, using 30 second candles with a 1-2 minute expiration.
Can you make $200 a day day trading Pocket Option App Use ? A common approach for new day traders is to start with a goal of $200 per day and work up to $800-$1000 over time . Small winners are better than home runs because it forces you to stay on your plan and use discipline . Sure, you'll hit a big winner every now and then, but consistency is the real key to day trading.
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My strategy is simple: using Keltner channel (multiplier set to 2), RSI, Stochastic Oscillator, Fractals and ZigZag Pocket Option Verification Problem . I wait for price to be overbought or oversold on the Keltner channel, rsi and stochastic, then wait for the ZigZag to peak and a fractal to form before I open a trade in the opposite direction . I also take the long-term trend into account, and support/resistance levels.
Sometimes I get on a great winning streak, and then I'll lose a few. I use Martingale to try to make up my losses, and cut myself off if I lose with the Martingale too. I'll find another market and wait for another entry.
I trade OTC markets because they pay better and most of the time I have to trade is when the real markets are closed.
I'm not a beginner. I've been trading crypto and stocks for several years, and binary options for a little over a year. But in all that time, I'm still not profitable. Today, after almost 40 trades, I ended up with a very small loss in my account.