What is Digit Trading?

Learn how to binary trade digits on the Synthetic indices with the Binary.com/Deriv binary options trading platform. Digits are a type of fast trade where you can predict the last digit of the price and earn money. Deriv offers three kinds of digit trades: Matches or Differs, Even or Odds & Over or Under.

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Binary Trading Ticks

For binary trading digit trades, you can choose a tick size from 1 – 10.

Matches or Differs

Step 1: Choose any digit from 0 to 9.
Step 2: Choose a tick ranging between 5 to 10.
Step 3: Choose either match or differ.

‘Matches’ trade type always gives the highest return up to 800%, whereas Differs gives between 6% – 20%.

Binary Options – Deriv – Digits Match/Differ trade

Even or Odd

Step 1: Choose a tick ranging between 5 to 10.
Step 2: Choose either even or odd.

In this type of trade, you can choose to bet on either Even or Odd digits.

Over or Under

Step 1: Choose any digit from 0 to 9.
Step 2: Choose a tick ranging between 5 to 10.
Step 3: Choose either over or under.

Digit Statistics

Learn how to use the tick data feature for the digits 0-9. You can choose different tick intervals to see the frequency of each digit as the last one in that interval. This will help you analyze the patterns of the numbers in the tick data.

Strategy for Digit Matches

For Trading Matches, you need to pick those numbers which occurred maximum time on the last 25 ticks & also in the previous 100 ticks.

Strategy for Digit Differs

Digit difference is the opposite of digit matching. It has a lower payout but a higher chance of winning. For example, if you choose ‘0’ in the previous example, the probability of getting “0” is only 12-15%. This means, if you play digit difference with ‘0’, you have an 85% chance of winning.

Money Management

A crucial aspect of this strategy is money management. For instance, consider the digit match and differ option, where digit match pays 800% and differ pays around 10-20%. This means you need to win at least 90% of the time to make a profit.

Trade the above strategy with Deriv

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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.

Tick Trade: The Rapid Path to Binary Options Gains

Discover the Tick Trading Binary Options Strategy, your shortcut to quick profits. Explore this powerful technique with simple price action and effective money management.

Binary options traders love Tick Trading for its speed. With Binary.com, you can execute 5-tick and 10-tick trades. Ticks represent the tiniest price shifts—the building blocks of market prices.

What is the Binary Options Tick Trade Rise/Fall?

Bet on market instruments rising or falling in the next 5 or 10 ticks. Tick Trade thrives with binary options volatility indexes. Here’s an illustrative example.

Master the Binary Options Tick Trade Strategy

Verified over 100 trials, this strategy boasts a high success rate. No need for indicators—just understand candlestick and wave patterns. Concentrate on continuous and reversal candlestick patterns.

Crafting the Trading Chart Setup

Time Frame: 1 Minute chart.
Instruments: All types, avoid slow market times.
Timing: Enter trades at the start of a minute bar.

Chart Wave Patterns to Follow

Higher Highs & Higher Lows:

Indicates uptrends, ideal for Rise trades.

Lower Lows & Lower Highs:

Signals downtrends, perfect for Fall trades

Real Tick Trade Example

• Instrument: Volatility 25 Index
• Duration: 5 Ticks
• Chart: 1 Minute
• Indicators: Basic price action and Japanese candlestick patterns

A bearish shooting star pattern formed in 1-minute chart, leading to a successful 5-tick Fall trade.

We can see that we have won the trade, and the market moved straight down.

Crucial Trading Insight

Candlestick patterns alone aren’t enough. Validate directionality. Example: a bearish pattern in a bearish downtrend is valid.

Effective Money Management

Start small with Deriv (minimum trade: 1 USD). Never over-risk. Limit exposure to 3-5% of your capital. Explore more in our comprehensive money management guide.

Avoid Over Trading:

One common pitfall in binary tick trading is when traders exceed their limits. Engaging in excessive trades can deplete your account within 30 minutes. However, adhering to specific rules can help you gradually grow your account over time.

After experiencing two consecutive losses, it’s advisable to halt trading and take a break.

Avoid trading the same currency pair or instrument consecutively. Opt for diversity in your trades.

Stay away from trading during slow market periods. Ignoring this guideline could result in numerous losses, given that prices tend to remain stagnant during such times.

Establish a daily trade limit; for instance, restrict yourself to 2-3 trades per day and consistently adhere to this limit.

Trade the above strategy with Deriv

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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.

Discover the secrets of hedging a binary options trade and avoid losing money. Hedging is a strategy that can help you reduce your risk and increase your chances of success. In this article, you will learn what hedging is, how it works, and why you should use it.

Imagine a situation that offers you the chance to rectify your mistakes with a minor penalty. Would you accept it? You definitely should!

What is Binary Hedging?

Hedging is a method for mitigating capital risk in trading. It involves simultaneously opening both Put (Sell-side) and Call (Buy-side) options. This strategy, where two trades run in opposite directions, effectively minimizes losses. Particularly in the realm of binary options, losses are inevitable, but they remain lower than the initial investment.

Practical Example:

Consider this illustrative scenario: we initiate a buy-side trade on the Volatility Index (synthetic indices) with a 100x return, and subsequently place a sell-side down trade on the same index, also with a 100x return. In both instances, our risk amounts to just $1, while the target return is $100.

By entering both trades, if one happens to incur a loss, the other trade remains profitable. This dynamic allows us to either generate profits or curtail the overall loss incurred from a single trade.

As depicted in the profit statement above, we earned 19 cents from one trade and experienced a 12-cent loss in the other, resulting in a net profit of 7 cents from this slot.

When Should You Hedge?

Should your trade deviate from its intended direction, hedging can come to your rescue. You can place a hedge trade of equal stake size to mitigate the risk.

In the earlier example, when our trade went counter to the anticipated trend, we executed a contrary-down trade. This move capped the loss at 21 cents, instead of the full 0.36 cents we would have lost if we closed the trade without hedging. Thus, employing this approach enables you to safeguard your finances through hedging.

Benefiting from Trade Closure:

In the given illustration, the trade yielded a profit return of $1.95. However, if we opt to end the trade before its expiry time, we could secure $1.22, translating to a 22-cent profit instead of the initial 95 cents. This strategy proves useful when anticipating a trade to turn against predictions.

Concluding Remarks:

Hedging revolves around achieving a balance in your trade risk. Consequently, precise calculations are imperative before initiating a hedge trade. By using hedging strategically, investors can salvage significant sums of money, even when confronted with a failed trade.

Trade the above strategy with Deriv

Get Free Crypto E-Book

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.