In this video a show you my weekly forecast on boom and crash . I also show you possible outcome in of the market. Trading boom and crash need discipline that one need to understand the future of the market so you can able to trade correctly. know what might come in the market will help you trade without fear. I Posted this video so you can also learn how to analyse the market and make profit. kindly drop a comment below .
Saturday, September 26, 2020
BOOM AND CRASH WEEKLY FORECAST : 16TH -23RD AUGUST
In this video a show you my weekly forecast on boom and crash . I also show you possible outcome in of the market. Trading boom and crash need discipline that one need to understand the future of the market so you can able to trade correctly. know what might come in the market will help you trade without fear. I Posted this video so you can also learn how to analyse the market and make profit. kindly drop a comment below .
Friday, September 25, 2020
BOOM AND CRASH TOOLS FOR BEGINNER:PART 2
In this video i show you how you can use a basic tool to conquer the market . This is very useful for beginners and professional. Anyone who are trading boom and Crash need to master tools use in trading . You also need to have a strategy that works you cannot rely on tools or strategy you need a good money management and also mentor ship. With this you can be successful in trading. It advice able for a trader seek a final guidance before trading . Trading is very risk and can wipe once account if care is not taking. It also rewarding for people who know what they are doing. After watching this video leave a comment below so i can know your challenges in trading.
CLICK HERE TO OPEN ACCOUNT AND START TRADING
Saturday, August 22, 2020
Tuesday, August 18, 2020
Friday, August 7, 2020
HOW TO TRADE BOOM AND CRASH INDICES SUCCESSFULLY
BOOM AND CRASH INDICES
If you are looking for how to trade boom and crash indices successfully, then this article was written for you. As a rule of thumb, there is no strategy that is 100% perfect, but I will try to share some tips that will guide you in your journey to become a successful trader. First, what is Boom and Crash Indices? If you are a newbie , you must have heard of Boom 500, Boom 1000, Crash 1000, and Crash 500. For the sake of clarity, Boom and Crash are ‘synthetic indices ‘ that is found only under the Deriv.com (a binary.com brand) platform. With Crash 1000(500) Index, there’s an average drop in the price series that occurs at anytime within 1000(500) ticks.With Boom 1000 (500) index, there’s an average of one spike in the price series that occurs at anytime within 1000(500) ticks.
How to Trade Boom and Crash Indices Successfully
When I began trading boom and crash markets, I began my trading adventure as a scalper. In fact, in the first year of my trading experience, more than 95% of boom and crash traders that I have been privileged to meet were scalpers. As much as I knew that there were other trading strategies, scalping was the basic trading strategy I felt was suitable for trading boom and crash markets.
This was further confirmed by the way the market was structured (spikes in boom buy and crash sell situations), and also on the low risk to reward ratio when day or swing trading with very small lot sizes. For instance, in currency pair trade, using a lot size of 0.01 for a $100 account is a good risk management decision.
However, trading boom and crash with a lot size of 0.01 is a difficult adventure that will demand more than 100 pips before a trader gets a profit of $1. For that reason, Deriv.com upgraded the lowest lot size of the market from 0.10 to 0.20 to enable profit maximation. In as much as I know that it is a suicidal adventure to trade a 0.20 lot on a $100 account, the market structure is the basic platform for which the default lot was set to 0.20 to enable traders to have a return of $1 for every 5 pips and vice versa.
Generally, scalping the Boom and Crash market tends to be the norm due to the market structure and psychology. For that reason, many traders tend to focus on just lower time frames; precisely, M1 to M15. This rather makes it difficult to convince traders to look away from the spikes (which are so obvious and influencing in lower time frames) and put their focus on the general big picture of the market (the market trend).
However, the boom and crash market can still be ‘day or swing traded‘ if a trader has a good knowledge of the market psychology, price action, and good risk management. In fact, the best way to make profit lies in day trading or swing trading. This is because either of these trading strategies always respect the price action.
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