Pocket Option Vs Olymp Trade

Follow-the-trend is one of the most popular and widely used strategies you can use in 60-second binaries trading . Its a strategy with a relatively high success rate and its really easy to execute . Of course, the mandatory prerequisite knowledge has to be there if you hope to realize this strategy to its full potential . You will need to read charts and spot trends, so if you dont know how to do that, we recommend you learn . We have a very comprehensive guide that can be of great help to you if youre new to the area of technical analysis Pocket Option Referral Link . We recommend reading it.

How much time does it take to withdraw money from IQ Option? Withdrawal requests are processed within 3 business days. If you withdraw funds to a bank card, the payment system and your bank will require additional time to process this transaction. Conditions may vary depending on your location. Please get in touch with Support for precise instruction.

What is the Pocket Option rule ? The withdrawal, refund, compensation, and other payments carried out from the Client's account can only be made using the same account (bank, or payment card) that was used to deposit the funds Pocket Option Trading شرح . Withdrawal from the Account may be carried out only in the same currency in which the corresponding deposit was made.

Can you deposit $5000 in cash? Depending on the situation, deposits smaller than $10,000 can also get the attention of the IRS. For example, if you usually have less than $1,000 in a checking account or savings account, and all of a sudden, you make bank deposits worth $5,000, the bank will likely file a suspicious activity report on your deposit.

How long does it take to get paid from Pocket Option ? If you have decided to use an electronic wallet, then you should receive the money within five to ten hours Pocket Option Fractal Strategy . If, on the other hand, you have decided to make your payment through a bank transfer, the processing of your request might take up to five business days.

Follow-the-trend

What is this strategy and how do you use it? In short, the strategy requires you to look at charts and recognize trends. Whether they are uptrend or downtrend doesnt matter, but you need to be able to spot them. Once youve established that there is a trend, you make a trade in the same direction as the trend. If its an uptrend, you go for a call option, and for a downtrend – you go for a put option. Statistically speaking there is a great chance that the trend will continue and you will make a profit. This is how the strategy works in general, but there are several very important aspects you need to be familiar with. For example, no matter how strong a trend is, there is always the possibility of pullbacks.

A pullback is a temporary change in the direction of the price . It doesnt signal a new trend, since the price continues the trend after the pullback, but this phenomenon can cause you to lose some of the trades Pocket Option Learning . You need to be responsible enough with your money and not allow yourself to fall into lose a significant sum of money because you were so sure in the trend . Establish a base investment you make every time and dont increase it . This way even if you lose a few trades while following the trend, you wont fall into a financial trap – your profit will more than compensate for the losses if you follow this rule .

How do you enter the trade?

Open a chart of the market youre interested in. Its important not to trade when there are big market fluctuations. If there are, then spotting a trend will be difficult, and even if you do, its not going to be safe to trade. However, if the market seems stable, you can enter a trade with no problem. Look at the chart and when you see that the price has moved in the same direction two or three times, then this may signal the emergence of a trend. This is where you will have to risk. If the market conditions are good for you, then enter the trade. For an uptrend, buy a call option. For a downtrend, buy a put option. Wait and see what happens.

If you win, just keep investing in the same price movement until a loss occurs. In case you lose, wait for a bit and check if its a temporary pullback or a trend reversal. If its a trend reversal, simply follow it. If its just a pullback, then continue with the first trend. If you lose a few times in a row, stop trading. This means that the market is not stable enough to employ this strategy. Keep in mind that trends rarely go for more than 5-10 minutes. This means that you will need to adapt to the changing conditions quickly.

A few things you need to keep in mind

Since youre trading so quickly, and in most cases for rather small sums, it may seem like youre not losing much in a few unsuccessful trades, but you may very well be. For example, losing three consecutive trades for USD 50 each is a loss of USD 150. It may not sound like much, but this is a loss in less than three minutes. In fact, it may be on just a minute if youre using multiple brokers at the same time. Responsible money management is needed if you dont want to risk substantial losses. Always apply caution – there is no strategy that is 100% safe (no matter what the Internet tells you). We wish you good luck!