¡Greetings to the lovers of numbers and financial strategies who join us on this investment adventure! 🔢💹
In this post I will explain step by step the first strategy in which you can obtain a profit of up to $10 a day.
As I mentioned in the previous post, within the 3 products that we will be working on within Deriv, this time it is the turn of the Smart Trader platform, where we will develop this strategy.
1. Initial Configuration
Before starting work, we first need to set up our strategy. To do this, we go to the small derivatives window and select the synthetics option. Here we look for the option that says continuous indices. As you can see, we have volatility indices ranging from 10 to a maximum of 100. It is important to note that these indices do not correspond to conventional markets, but are a series of underlying markets proprietary to Deriv. In this case and for this strategy, we will focus specifically on the 10 volatility index [Not to be confused with 10 Volatility Index (1s)]
Once the index is selected, you also have to choose the strategy that we are going to use. In this case, we will use the Even/Odd digit strategy. Within the duration, we will use 1 ticks. In theory, a tick corresponds to 1 movement or interval.
It is important to keep in mind that in the case of an investment (stake), the minimum to invest starts from only $0.35, but, depending on the currency you select when operating within Deriv, you can alternate the minimum investment to 0.40 $ (for USD-TRC20).
We have already configured the strategy, now we will move on to the explanation of how it works.
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2. Strategy Explanation
The strategy is to open buy trades on the even digit after two consecutive even digits appear on the last digit.
In the same way, it will also be the same, but in this case, we will be opening trades in odd digit after there are two consecutive odd digits.
The logic behind this strategy is to take advantage of the short trend movements that repeatedly occur in this synthetic index. By opening the trade just after 2 even or odd digits in a row, we have a high probability of getting the direction of movement right.
3. Application Example
The last digit turns out to be X, XXX.XX2, an even number. Then we wait for the next digit, and if it also turns out to be an even number, then we open a purchase operation in even numbers. As you can see, in this example, we won the contract, since the last digit after purchasing the contract turned out to be 4 (even).
In the event of a loss, we will use the martingale to try to recover those losses and make a profit. In this case, I will not use the traditional martingale, but instead multiply the loss by 2.1. You will see the reason for this later.
Here I leave you a table that corresponds to how much would be required to carry out up to eight martingales in a row. If you want to reach a goal of $10 a day, you should have a minimum of at least $120 - $140 in your account to be prepared to do 7 martingales. Don't be scared, in general, in this strategy you don't usually do more than 3 or 5 consecutive martingales.
If you want to learn step by step how to apply this powerful strategy, we invite you to watch the complete tutorial that I published on my YouTube channel. There you will find practical examples and a real live trading demonstration so you can replicate the results. Don't wait any longer and watch the video now!
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4.How much money can you earn?
As I mentioned earlier, for this strategy I will be using a x2.1 martingale instead of the conventional martingale. This operation will generate 90% of what I have invested. In this case, I will invest $0.40 and make a net profit of $0.36. If this strategy gives me a 100%, then yes, I could easily work with the ordinary martingale by multiplying by two. But remember that in this case, I will use the 2.1 martingale to try to recover what I had already lost and obtain the same 90% profit.
Following this strategy it is possible to generate between $5 and $10 dollars a day conservatively. Therefore, by making only 13 successful operations you can easily reach $5 per day.
Now let's look at some key recommendations to get the most out of it.
5.Risk Management and Recommendations
•Fraction the daily profit target to reduce exposure to losses. For example, earn $5 in the morning and $5 in the afternoon.
•Have at least $150 available in your account to resolve adverse spells.
•Set a daily stop loss limit according to your capital.
•With good money and risk management it is possible to obtain consistent income with this strategy.
It is important to mention that this strategy is not 100% safe, just like any other strategy or bot that we share with you. However, if you have a clear goal and an objective of the daily profits that you want to achieve, you will always be able to obtain very good results within Deriv.
Knowing that you like our work, what you look for and what you think is essential for us. Your comments and feedback will guide the future development of this blog towards content of greater value for everyone. See you in the next post😃
I hope this mini-guide is useful to you. Consistency, patience and good risk management are key in trading.
