If you are not completely new to Binary Options trading, you probably know how important it is to take risks correctly. So, forget everything that you have been taught, today we will discuss this type of strategy such as deposit acceleration, and specifically, how to build up significant capital in a short period of time. In this article, we will consider the basic recommendations for overclocking, how to prepare for it, what to do and what not to do.
What is overclocking
Overclocking a deposit is a sharp increase in the account balance due to aggressive money management. That is, we twist the risks to the maximum, and we expect what will come of it. Typically, overclocking has an initial and final goal, that is, how much money you already have and how much you would like to get. As soon as the required amount is reached, the acceleration stops, and the risks return to normal levels.
Contrary to popular belief, overclocking a deposit is often a compulsory measure, rather than blindly ignoring risks. It is no secret that trading with moderate risks requires an appropriate amount of initial capital for good performance. Without serious investments, the profit will also be very small in order to become a millionaire on bank interest, you first need to already have that same million.
No, of course you can trade with at least 100 on your account, then perhaps within a few years you will be able to accumulate decent capital. If you are not ready for such dedication, you probably need to try one of the strategies for overclocking your deposit. You can start with any amount. The only thing is that it should be money that you can afford to lose definitely not borrowed or borrowed from friends.
The essence of any overclocking strategy is less attention to risk and more maximum return on investment. That is, the task is to get the maximum profit in a short period of time.
Recommendations and advice
Asset selection
In fact, the choice of an asset does not play a key role. But what matters is the payout percentage for the option for a particular symbol timeframe. The probability of winning should be as high as possible, which significantly raises the requirements both from the trading system itself and to the assets to be traded.
Regular withdrawal
Having already started earning, do not forget that you still need to be able to save the earned money. To succeed in this business, profits must be withdrawn regularly. Choose a convenient period for yourself, for example, a week or a month, and after the end of each period, withdraw the funds earned in excess of the initial amount.
Volatility
If the price stands still, you won’t be able to make money. Remember that for a successful overclocking we don’t have to stay in one position for a long time, we made a profit we left. If this rule is not followed, then after some time you will have a significant floating loss on your account, which you will not be able to quickly cover.
Therefore, whenever possible, we trade only in a volatile period. In Forex, this is the time of the European and American sessions when a large trading volume is brought to the market. It is also better to exclude Friday from trading. Important economic reports are often released at the end of the week, which can lead to a sharp increase in the amplitude of fluctuations. Given the increased risks, a sharp price movement for multiple patterns can be fatal.
Trading strategy
Apart from MM, you also need a reliable trading system rules for entering and exiting the market. To overclock a deposit, I recommend paying attention to one of these strategies:
- Simple strategy “Ladder”
- Alternation is a simple and profitable strategy
- Nitro Booster strategy modifying Price Action for BO
- Pin Bars and Binary Options what could be better?
- Testing the Binary Gambit strategy
Management of risks
A risk of 1–2% per trade is an adequate common-sense value. But, if we are talking about aggressive trading and overclocking the deposit, of course, we will have to risk large amounts. In this case, again, we are not talking about entering “everything”. Not at all, the risk of more than 10% of the deposit is already stupidity, incompatible with a real desire to make money.
Also, do not forget about the Martingale method, which, if used skillfully, can save the account from losses. But, we will use Martingale wisely, without opening more than three knees. To calculate the size of Martingale bets, you can use our Martingale Calculator for Binary Options. Here you need to indicate the size of the initial investment, the return on the option and the length of the losing sequence, for example, 4 (3 knees according to Martingale).
Traditionally, the position is increased by Martingale after receiving a loss (unsuccessful trade), in order to recoup the profit in the next one. But there are situations when, for example, you entered corrections in the direction of the main trend, and the price does not even think to reverse.