Trading system Lawn-mower Turbo options 60 seconds trading
One of the most famous American businessman and financier Warren Buffett gave his followers two rules: "Rule number one - never lose money", "Rule number two - never forget rule number 1" …
Now, let’s go back to binary options and one of the most dangerous and the most profitable ways of trading - trading turbo options. The above rules, like nothing else, should serve as a postulate in the money management while trading, which quickens the pulse of the trader. In fact, the frequency of the transactions and expiration dates make you forget about any rules, which inevitably leads to money loss and you mustn’t lose it. Everyone will agree with this.
In the present trading system, we consider the rules for trade for turbo options "60 seconds" and try to set the ability to trade without the loss in the mind of every trader.
The trading system is quite simple, as it works on just a few indicators that do not give doubtful entry signals in the position, at the same time it is difficult in terms of capital management, as with our 80% of the profits from profitable trades comes up to 100% of the loss caused by invalid entry.
So, to start trading you need the terminal MT4, which everyone can freely download here. After Meta Trader 4 is on your personal computer, read the rules of its usage which are located here.
Now put into the terminal this set of indicators and a template of the system, and apply them to the quotations graph of the financial asset which you will trade.
After all the actions you will have such an informative window of quotes. I would like to add that the trading with this system is only possible from 09:00 to 18:00 at the approximate time of the European and American trading sessions.
Now, let’s consider the list of indicators in the system:
- Stochastic Oscillator with minimal settings on the coefficients and the period which clearly shows a trend reversal on the chart;
- Relative Vigor Index - also refers to a group of the oscillators, but the settings here are a bit tougher and it shows, in this case, the medium-term trend;
- Slope direction line – it is located directly on the chart and shows the direction of the trend;
- An indicator of the lines of support resistance which previously put the support and resistance lines on the chart of the asset and is used as an informative indicator as to the existence of levels, "crashing" in which the price will slow down or unfold at all.
- Slope direction line - its line is painted in green;
- Stochastic Oscillator – is deployed up or has just crossed in the upward movement, or "stuck" at the top of its scale;
- Relative Vigor Index – is deployed for the upper motion, or its lines are just crossed to go up;
- An indicator of the lines of support resistance put the resistance line at a sufficient distance from the entry, and we see that we will not touch this level immediately after the purchase.
Rules of entry into the sales
- Slope direction line - its line is painted in red;
- Stochastic Oscillator – is deployed down or has just crossed in the downward movement, or "stuck" at the bottom of its scale;
- Relative Vigor Index – is deployed for the down motion, or its lines are just crossed to go down;
- An indicator of the lines of support resistance put the support line at a sufficient distance from the entry, and we see that we will not touch this level immediately after the sale.
As you can see, the system gives unambiguous signals to buy and sell. Let's emphasize its
- A large number of transactions;
- Trade during the day light;
- No need for a large deposit.
Disadvantages of the system:
- Considerable tension;
- Slight profitability of the options "60 seconds."
As it was mentioned earlier, this system is suitable for trade 60 seconds’ options. However, one does not forbid us to put the template of the system on M15 timeframe in MT4 terminal. Then we will be able to trade the classical binary options which provide more extended periods of contract’s expiration. In this case, the trade becomes less impulsive and more balanced. Entrances to the position will not be as frequent, and the payments for options are more capacious.
TERMS of EXPIRATION
Turbo options have the following expiration dates 45, 60, 120, 300 seconds. We will use these terms. However, the terms 120 or 300 seconds will bring you more benefits.
If you want to trade on M15 timeframe and use the classic binary options, use 45 minutes as the date of expiration. This time is just for this type of trade.
PROFITABILITY OF THE SYSTEM
Transactions on this trading system you will make (approximately) at a rate of 1 deal in 10 minutes. At the same time, for every 3 profitable transactions, you will get 1 deal with a loss. Thus, if your option profitability is 80% and your trading lot is $ 100, every 40 minutes you will receive $ 220 of the net profit.
Does your broker of turbo options offer you less interest payments? Then check out our rating of brokerage firms and select a more suitable brokerage company which proposes its customers 75% -80% profit on turbo options.
For trade in "Lawn-mowers" system you should not exceed the limit of the transaction’s size, which is 2% of the amount of your deposit. If, for example, your deposit is $ 100, then the size of the transaction must be less than $ 20.
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