The Best Deriv Digit Odd/Even Strategy

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Reading Time: 4 mins

If you are new to Deriv and gaining interest in Digits Trading, then you must read this article on Digits Trading here.

In this article, we will explore digit trading’s supported symbols and availabilities, its trading mechanism, including the best possible strategy that you can use to trade on the Deriv platform.

Before you start with the prediction of the last digit of digit trading, click here to open an account for free.

Let’s begin.

Symbols Available to Trade with Odd or Even

Deriv Digit trading is available on 14 Synthetic pairs which are the Volatility and Jump Indices, which are available for 24×7 trading, even on weekends. The following symbols are available for trading ‘Even’ and ‘odd’ digit trading type.

Trading Mechanism of Even and Odd:

• Step 1: Choose a symbol of your choice or preference. 
• Step 2: Choose tick size. Tick size can vary from 1 to 10.
• Step 3:  Choose the Stake size. If you choose 10 USD, then the payouts of your investment for each type will be shown below. 
• Step 4: Choose Even or Odd.

Here, even or odd means, choosing whether the last digit of the symbol will be an even number or an odd number after your selected tick time.

For example, if you have selected Tick size 5 and chosen odd, then after 5 ticks, the system will count whether the last digit is an odd or even number.  

More examples are given below.

The above picture shows that we have chosen 10 USD as a stake amount and the payouts for both types are displayed below—96.10% for both sides odd or even. 

Note: Return here is the same for both sides. Since there is a 50/50 chance for the last digit to be an odd or even number. 

Tick Statistics

It is an important component. Here the statistic displays the last 1000 ticks’ last digit number and their occurrence percentages. One must not ignore this little info before entering a trade here. It plays a huge role in the chance of winning.

Strategy

Since this is almost gambling, there is no ‘one perfect strategy’ exists. The best strategy here will be to look at the digit statistics and see if odd numbers are occurring most of the time or even numbers.  The number that occurs maximum time will be highlighted in green and the number that occurs less frequently will be highlighted in red circle. Check if the maximum occurring number is odd or even. Whichever has the higher occurrence, go for that.

Example:

Here, it’s been shown that 4 has appeared 11.2% of the time, whereas odd numbers are above 10% of the time, except for 2. 

Therefore we have placed an order with Even. Luckily we won the trade.

• Tick size: 5
• Trade selected: Even
• Payout: 96%

Register here

Money Management:

Note that with this strategy you will get 96% per trade, but this trade itself has a 50/50 chance to win. Therefore it is recommended not to invest much here. Even if you trade, do not trade more than 3 consecutive times. Because if you lose you will lose the whole 100% of your invested money. If you lose one trade 100% stake size, but you win the next 2 trades (assuming you will use the same stake size) then you can still recover your loss and get some profit. Therefore a maximum of 3 trades one at a time is a good choice.

Conclusion

Since it is part of the gambling section, we strictly recommend understanding the risk thoroughly and trading only when you feel lucky and do not invest too much out of greed.

Good Luck and happy trading.

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