Deriv – Binary Options Digits Trading Strategy
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Table of Contents
The Digits trading strategy with Deriv’s binary options trading platform offers a quick and exciting way to trade. By predicting the last digit of the price in Synthetic indices, traders can capitalize on market movements with three types of digit trades: Matches or Differs, Even or Odds, and Over or Under.
What is Digits Trading?
Digit trading involves predicting the last digit of the price. With Deriv, you can choose between Matches or Differs, Even or Odds, and Over or Under trades. This fast-paced trading style allows for quick profits but also carries significant risk.
Binary Trading Ticks
When trading digits, you can select a tick size from 1 to 10, determining the number of price changes before the outcome of your trade is decided.
Matches or Differs
- Step 1: Choose any digit from 0 to 9.
- Step 2: Select a tick range between 5 and 10.
- Step 3: Choose either “Matches” or “Differs.”
Example
If you select digit 5 and tick 5 with the “Matches” option, the last digit of the price on the 5th tick must be 5 for you to win. If you choose “Differs,” the last digit must not be 5.
‘Matches’ trade type always gives the highest return up to 800%, whereas Differs gives between 6% – 20%.
Warning
Digit Trading is pure gambling. Your capital is at risk. Trade responsibly.
This might be a good quick read for you! Head over to this detailed strategy for Deriv Matches and Differs now.
Even or Odd
- Step 1: Select a tick range between 5 and 10.
- Step 2: Choose either “Even” or “Odd.”
Example
If you select tick 6 with the “Even” option, the last digit on the 6th tick must be an even number for you to win. If you choose “Odd,” it must be an odd number.
Detailed strategy:
This might be a good quick read for you! Head over to this Deriv Odd and Even detailed strategy now.
Over or Under
- Step 1: Choose any digit from 0 to 9.
- Step 2: Select a tick range between 5 and 10.
- Step 3: Choose either “Over” or “Under.”
Example
If you select digit 3 and tick 7 with the “Over” option, the last digit on the 7th tick must be higher than 3. If you choose “Under,” it must be lower than 3.
Detailed strategy:
Trading over and under with Deriv’s last-digit prediction can be done with a simple strategy. Head over to this Deriv Over Under strategy now!
Digit Statistics
Utilize the tick data feature to analyze the frequency of each digit from 0-9 over different intervals. This analysis helps identify patterns and increases the accuracy of your predictions.
Effective Money Management
Money management is crucial. For instance, in digit match trades, where the payout is 800%, you need to win a high percentage of trades to profit. Conversely, in digit differ trades with lower payouts (10-20%), consistent wins are necessary.
Example
If you bet $1 ten times and win nine times, your profit will be only 0.8 cents. Applying this principle helps manage risk and optimize returns.
Conclusion
Mastering the Digit Matching strategy on Deriv requires careful analysis and disciplined money management. Start with smaller trades or practice on a demo account to refine your approach. This strategy, while potentially profitable, carries significant risk, so trade responsibly.
Trade the above strategy with Deriv
Disclaimer: Deriv offers complex derivatives, such as options and contracts for difference (“CFDs”). These products may not be suitable for all clients, and trading them puts you at risk. Please make sure that you understand the following risks before trading Deriv products: a) you may lose some or all of the money you invest in the trade, b) if your trade involves currency conversion, exchange rates will affect your profit and loss. You should never trade with borrowed money or with money that you cannot afford to lose.
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Which is the best time for Digit Matching trade ( in GMT zone ).
Hello Jinan,
During any slow market hour. When no major stock market is opened. Check our forex market hour calculator below to find the timing in GMT.
https://www.intraquotes.com/calculator/forex-market-hours
Nice
Thank you Patrick for your kind words. I’m glad you enjoyed reading my blog post. I appreciate your feedback and support. Please feel free to share your thoughts and questions in the future. Have a great day!
How do we use the ldp stats in deriv to trade any ldp for over under and when is it the best time to trade over under??
Thank you for your comment Maina Kageni,
For over and under, the smart way is to use 0 for over and 9 for under and check their status. Disclaimer: Once again this is purely a gambling section, highly risky.
Which site shows the frequency numbers after a certain intervals of ticks for deriv
Hello Brian,
By default, Tick statistics are available only on the Deriv site directly.
How can analyze the past stick interval?
Hello Newton,
By default, the Deriv platform shows the latest 1000 ticks data. But you can manually track them and record the past tick data analysis in any spreadsheet.
This is amaizng desicion i have ever seen its helpful
Thank you for your comment.
How to learn signal
Thank you for your comment. Kindly go through the article to learn signal.