Best IQ Option Strategy- IQ Option Tips For Winning Trades

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IQ Option Tips and Tricks

IQ Option is currently one of the most popular online trading brokers in the world. They have been present on the international market for approximately six years now and thanks to their clear and extremely trader-friendly business policy, the number of people who trade with them on regular basis is growing constantly, even today.

If you want to join them, we have some IQ Option tips and tricks to help you trade more successfully. We’ll go through this broker’s basic features, so you know exactly what to expect and what to look out for.

Our experts have plenty of experience trading here, so sit back, relax and read on.

Platform

IQ Option launched its IQ Option Trading Platform 4.0 in December of 2020, and this is currently the most technologically advanced platform in the industry. Innovative trading software offers numerous tools and charts, so you will always have plenty of ways to analyze the situation on the market.

You can also fully customize your UI in such a way that you can easily follow up to nine assets on one screen at the same time. There are also historical quotes from up to two years ago at your disposal, so you can analyze trends over some really long periods of time. As you can see, this platform has plenty to offer, but that also means that you will have to invest some time learning everything there is to know about it. However, it will be worth it, trust us on that. Mastering this platform means that you will know exactly how to analyze an asset and extract all vital information from its trends. Oh, and the platform can also potentially get you profit of 100% on each of your investments, which is the highest in the industry.

More IQ Option tips and tricks are to come, so stay with us.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQ Option Minimum Withdrawal

All traders want to know they will get their hard earned money without any problems when they want to make a withdrawal and IQ Option makes sure no problems ever arise during this important process. IQ Option Minimum Withdrawal requirement is set to only $2, giving traders unprecedented flexibility in choosing their trading pattern. The broker will not charge you any fees to withdraw your money, so what you have in your trading account is exactly what you get, as far as IQ Option is concerned, although some services may apply their own fees, so do research everything thoroughly. This means that you never have to worry about your account balance getting so low that you won’t be able to withdraw larger sums of money, something that can be a problem if a broker has a $100 withdrawal requirement or more, for example. One of the most important tips we can show you is that you can use this low requirement to your advantage and explore as much as you can for next to nothing. That way you’ll know exactly what your trading strengths are. The next thing we’ll discuss in this article will help you even more with that.

IQ Option Deposit

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IQ Option Minimum Deposit

Just how dedicated this broker is to its clients can also be seen from the minimum deposit requirement which is also set to only $10 (minimum trade for binary and digital options here is just $1!). There are several different ways to complete this process, including credit cards, wire bank transfers, as well as and several e-wallet services (WebMoney, Skrill, Neteller). These same methods are also available for making a withdrawal and they are all very safe. As can be seen from our IQ Option Scam Test, this broker operates in full accordance with all relevant laws and regulations, is regulated by CySEC and takes excellent care of the clients’ personal and financial data. With this minimum deposit requirement, you can start out slowly if you want and build your way towards larger investments. But we’re not done yet, plenty more of IQ Option tips and tricks to discuss, so don’t go away.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Demo Account

When you want to test a new pattern, see how well you learned something regarding binary options trading or when you simply want to get used to a new trading environment, opening a demo account is the best move you can make. IQ Option offers one too and opening it is among the most important IQ Option tips and tricks for increasing your efficiency and chances for success. You see, IQ Option Demo Account is absolutely free and doesn’t require any deposit of funds to activate it! Not only that, but you don’t even have to disclose your credit card information. All you have to do is register on the broker’s website and you’re all set to start trading. Not even contacting somebody from the staff is required. This feature can therefore only help you because what you get with it is a way to sharpen your skills and expand your knowledge without needing to invest any money. In the long run, having a demo account will help you greatly to achieve profit.

IQ Option Demo Account

Tournaments

One more thing we have to mention before we wrap up these IQ Option tips and tricks is the fact that all traders can enter tournaments this broker holds on regular basis. In these competitions, you trade with virtual funds and are trying to achieve as much profit as possible and beat the competition. If you can do that, real money prizes will be awarded to your trading accounts. These tournaments differ in terms of their length, so you can choose between daily, weekly and monthly competitions. Prize pools are pretty big, with the largest tournaments awarding up to $50,000 to the best traders, and since the fee you need to pay to enter the competition is just a few dollars, you can profit a lot from participating. If you’re not willing to invest any large sums, but consider yourself to be a successful trader, this may be just the chance you’re looking for. However, please keep in mind that starting with the first day of November 2020 this feature is no longer available to traders from the EU.

Conclusion

Because of the huge number of possibilities this broker offers, IQ Option tips and tricks are very numerous and we have only covered the most basic ones here. You will surely discover more of them as you grow more experienced. However, don’t ever forget about the ones discussed in this article because they will always increase your chances for profit, no matter which way of trading you choose. In the long run, it will pay off to open a demo account, for example, or to invest time into learning everything this platform has to offer. So open an account with this great broker, follow our simple principles and you’ll be on your way to becoming a successful trader.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

DISCLAIMER: Binary options are prohibited in EEA.

Best IQ Option strategy PDF 2020

Trading systems offer many different strategies. This is a defined mode of action, which helps to fill deals and make them profitable. A successful strategy will allow you to make accurate forecasting and analyze the market.

But there is a mistake made by beginning traders – they see trade as a game or as a lottery.

They hope that their luck and fortunate event will lead them to fabulous profits, but a good trading strategy is the most important element in this sphere of earnings. A trader can consider his trading technique, but the best IQ Option strategy 2020 will help him to move in the right direction.

How to choose the right strategy?

The trader must take into account his personal beliefs and principles, carefully study each stretch and test the appropriate options. This is not a lottery or a set of simple templates that will work for you. You need to understand the market, determine its principles and spend time on studying each strategy.

Professional traders can make excellent profits because they spent their time studying the market; they studied its features, tried different strategies, risked and chose their scheme.

This is not enough just to choose a strategy and to expect that it will bring you 100% profit – you need to give time for its functioning. Choose your strategy, study it and maybe you’ll see that trading with a broker can be a lucrative job, not a lottery.

There are strategy-templates, that is, it is a gift from more experienced traders.

This is a defined system that is operating in the middle. The strategy is not just a way of moving and converting deals; it’s a market analysis, technical analysis, indices of different indicators, algorithms and much more.

Each strategy is based on specific principles, but each scheme can have its own shortcomings and advantages. You can not just choose a strategy; you need to know more about this in order to secure your assets.

There are some pros and cons

Every strategy could have its advantages and disadvantages, even if we would take IQ Option best strategy 2020.

1-minute (“60-second”) Binary Options Strategy: 14 of 18 wins

On Monday, I broke from my normal routine of trading 15-minute expiries from the 5-minute chart in favor of “60-second” binary options. For one, I simply felt like breaking things up a bit for my own enjoyment. And two, I know that many traders are into this fast-paced alternative, as it’s now offered by many offshore brokers. Therefore, introducing some 60-second trades into my blog can serve to lend some advice on how I would approach these.

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Normally, I do not trade 1-minute options first and foremost because the payout is relatively poor (70%). Also, it is more difficult to be as accurate with these trades as the 15-minute trades, due to the inherent level of noise on the 1-minute chart, in my opinion.

In other words, when trading 60-second options from the 1-minute chart, you’re dealing with a very small amount of price data encapsulated in each candlestick, and one minute of price action is relatively inconsequential in the grand scheme of things. That said, I believe that it’s fully possible to make sound trading decisions regarding what may happen to the price movement in the next minute.

Basic 60 Second Strategy

My basic strategy toward 60-second options goes as follows:

1. Find support and resistance levels in the market where short-term bounces can be had. Pivots points and Fibonacci retracement levels can be particularly useful, just as they are on other timeframes while trading longer-term instruments.

2. Take trade set-ups on the first touch of the level. When you’re trading instruments that have a high level of noise inherent in the eventual trade outcome (like “60-second” options), I believe that taking a higher volume of trades can actually play to your advantage.

For those who are not familiar with the way I normally trade the 15-minute expiries from the 5-minute chart, I normally look for an initial reject of a price level I already have marked off ahead of time. If it does reject the level, this helps to further validate the robustness of the price level and I will look to get in on the subsequent touch. Expectedly, this leads to a lower volume of trades taken in exchange for higher accuracy set-ups.

60 Second Trades Lead To Higher Trade Volume

But since the inherent noise in each 60-second trade is so large to begin with, I believe trading in higher volume can actually work to one’s benefit in that it helps to even out the accuracy fluctuations that come when trading such short-term instruments.

To provide a baseball analogy, a hitter who normally maintains a batting average of .300 (i.e., he makes it on base with a hit on three out of every ten at-bats) may go through a ten-game stretch where he only bats .100. On the other hand, in that same span, he might hit .450. But over the course of a 100+-game season, it’s expected that with enough at-bats, his true skill level with regard to hitting will be accurately revealed. It’s a “regression to the mean” type of concept.

As such, if you’re trading 60-second options and only taking 1-2 trades in a 4+-hour session (i.e., being super conservative), it’s likely that you’re going to be waiting a very long time before your true skill level at this form of trading is revealed to your attention.

You may not even have an effective strategic approach to 1-minute options, and it would be unfortunate if you went over a month of trading this instrument before you begin to realize that that’s the case once your profit curve (or ITM percentage) starts to take its appropriate shape. That said, don’t overtrade by taking set-ups that aren’t actually there. That’s far worse than even choosing to trade at all.

3. Don’t blindly trade all touches of support and resistance. Continue to consider price action (e.g., candlestick types and formations), trend direction, momentum, and things of that nature that come with personal exposure to how markets of your interest behave and furthering your trading education to continually become better.

But without further ado, I will show you all of my 60-second trades from Monday and I how I put all of the above into practice. To avoid confusion, I will briefly describe each trade according to the number assigned to it in the below screenshots.

Trade History Using 1 Minute Expiry

#1: 1.32817 had been the high for the morning and formed an area of resistance. On the first re-touch of 1.32817 I took a put option on the 1:54 candle. This trade won.

#2: Similar to the first trade I took a put option on the re-touch of 1.32817. This trade also won.

#3: A third put options at 1.32817. This trade lost, as price went above my level and formed a new daily high.

#4: Price formed a newer low at 1.32715, retraced up to 1.32761, before coming back down. I took a call option on the re-touch of 1.32715 and this trade won.

#5: Basically the same trade as the previous one. Price was holding pretty well at 1.32715 so I took a subsequent call option and won this trade.

On the 2:26 candle, price made its move back up to the 1.32761 resistance level. On a normal move, I would take a put option there, but momentum was strong on the 2:26 candle (nearly six pips) so I avoided the trade.

#6: Several put options almost set up on the 1.32761 level, but none materialized at the level. So my next trade was yet another call option down near where I had taken call options during my previous two trades. However, since 1.32715 had been slightly breached before, I decided to instead take a call option at 1.32710 instead. I felt this was a safer move as just half-a-pip can be crucial in determining whether a 60-second trade is won or lost. This trade won.

#7: Put option back up at the 1.32761 resistance level. This trade won.

#8: Call option down at 1.32710 (where #6 was taken). This trade won. However, the minute after this trade expired in-the-money, the market broke below 1.32710 and formed a newer low at 1.32655.

#9: This trade was a put option at 1.32710, using the concept that old support can turn into new resistance. Nevertheless, this trade did not win as price continued to climb back into its previous trading range.

#10: I decided to take a put option at the touch of 1.32817, which was the level at which I took my first trades of the day. This trade might seem a bit puzzling at first given a new high for the day had been established and that momentum was upward. But by simply watching the candle it seemed that price was apt to fall a bit. It was also heading into an area of recent resistance so once it hit 1.32817, I took the put option and the trade worked out.

#11: Another put option at 1.32817. This trade won.

#12: For this trade, the high of day initially made on the 2:13 candle came into play – 1.32839. I had intended to take a put option at this level on the 3:22 candle, but price went through it quickly and closed. And then for maybe 10-15 seconds, my price feed was delayed and by the time it the connection was recovered it was over a pip above my intended entry. So I’m glad I missed that trade, as it’s one that would have lost.

I did end up using the 1.32839 level on a call option, though, given that previous resistance can turn into new support. This trade won.

#13: 1.32892 was now currently the high for the day and had formed a recent resistance level. I took a put option on the touch of the level. This trade won.

#14: Similar to #12, I used 1.32839 as support once again, and it produced a winning trade.

#15: Once again, I used the current daily high of 1.32892 as a resistance level off which to take a put option. But price busted through and this trade lost.

#16: Another fifteen minutes passed by before I was able to take another trade set-up. This time, I used 1.32892 as a support level (old resistance turning into new support) to take a call option. This trade was probably my favorite set-up of the day and was aided by the fact that the trend was up. It turned out to be a winner.

#17: For put options at this point, I had an eye toward 1.32983 (the new high for the day), but price consolidated twice at the 1.32971 level forming a line of resistance. So I decided to take a put option at the touch of 1.32971 on the 4:28 candle. This trade turned out to be a nice four-pip winner.

#18: My final trade of the day was a call option back down at 1.32839, where I took the same set-ups for #12 and #14. This was another good four-pip winner.

After that I was waiting for price to come up and see if 1.32892 would act as resistance, but it never touched. Also, I was feeling a bit fatigued by this point and decided to call it quits for the day.

Conclusions On This Strategy

Overall, I did pretty well for my first day trading 60-second options, going 14/18 ITM. But, in general, I have faith in my strategy to predict future market direction with a reasonable level of accuracy, and my ability to apply it to any market or timeframe. I also enjoyed toying around with the 1-minute options, as it was a new experience, and I would definitely consider adding more 60-second option days into my regimen in the future.

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