Have you ever questioned why traders have the same win/loss ratio but different profits? If you are still struggling to find a specific answer, this is the article you should check out. It will help you improve your profit when trading in IQ Option quickly.
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Trading with a reasonable payout rate
The payout rate is the main determinant of how to improve your profit after each trading cycle in IQ Option. But it is decided by the platforms depending on the liquidity at the time of trading. The more people participate in trading, the higher the payout rate will be. Each platform will have different calculations as follows:
– Fix a standard payout rate for each currency pair.
– The different expiration time will yield different payout rates (who trade in IQ Option will know this very clearly).
– Payout rates will vary by time of day.
Traders cannot influence the payout rate of the platform, but they can choose a currency pair or timing with good payout rates. I recommend that the acceptable rate ranges from 70% – 85%.
If you are trading in IQ Option, trade in the middle of the European session and the beginning of the US session. At that time, currency pairs such as EUR/USD, AUD/USD, USD/JPY, etc. offer very attractive payout rates.
Sometimes you will see that the payout rate is suddenly lower than normal. For example, in the US session, the Payout rate of the EUR/USD in the previous days was 90% but today, it is only 85%. It shows that traders are more profitable than before and IQ Option has to lower the payout rate to adjust the “balance of profits”.
Notes: Do not perform trades with the payout rates of 70% or less. Because it makes it increasingly harder to recover the loss after a losing order.
Temporarily stop trading when there is a chain of winning or losing
If you are a person who likes to trade much in the market, get rid of that habit right away. Set a limit for each successive event that makes you excessively excited. Many of you will ask me why we need to stop when we have already won 3 orders in a row. T
rade more to win, it will cost nothing if you lose. This is a mistake in thinking. The profits earned are our own money and there is no good in returning it to the platform. Temporarily stop to get rid of your overconfidence which can make you lose your rewards.
If you lose 3 consecutive orders, it will make your psychology worse. You will always think of how to revenge the market. The more you take revenge, the more you get hurt. At some level, you will lose everything just because of your anger. Temporarily stop trading not because of the fear but for you to have time to see the issue smoothly.
It is great if you add to your trading principle that when you win or lose continuously, shut down your computer and take a break.
Avoid the news releasing time
If you are interested in trading at the time of news released, please skip this paragraph. But if you prefer to trade safely following technical analysis, you should avoid the news releasing time. When important news strongly affects the assets you are trading, stop trading before and after the news is announced. Because at the time of strong fluctuations due to published news, both technical indicators and candlestick patterns are useless.
If the news is unimportant and has little effect on your trading assets, it is possible to trade normally.
Prepare only one trading strategy
If you have more than 2 trading strategies, then the entry signal will be plenty in a day. It will cause you to be caught up in the trading cyclone without having any specific analysis. It makes you accept opportunities in a hurry without careful filtering. And it leads you to trade with the lowest chance of success.
I only use 1 most effective trading strategy in IQ Option. That is the T.L.S strategy (Trend, Level, Signal). You can refer to the article: The T.L.S strategy.
Please ensure your internet connection
This may seem harmless but it will make you extremely uncomfortable when the network lag. If you have entered an order but the connection lags, you will miss the opportunity or enter 2 consecutive orders at once. You may lose your temper when that happens to yourself. Carefully checking your connection will help you avoid unfortunate events.
Review on the T.L.S trading strategy in IQ Option from July 08 to July 09
Trading strategy: T.L.S (Trend -> Level -> Signal)
People who do not understand the strategy can refer to the following article: https://iqtradingpro.com/tls-trading-strategy-iq-option/
Capital management method: Classic (balanced investment)
1st order. Uptrend + Support + Bullish Pin Bar candlestick = Opened a HIGHER order with an expiration time of 5 minutes.
2nd order. Uptrend + Support + Bullish Pin Bar candlestick = Opened a HIGHER order with an expiration time of 5 minutes.
3rd order. Uptrend + Doji candlestick touched the support and rebounded = Opened a HIGHER order with an expiration time of 5 minutes.
4th order. Uptrend + Doji candlestick touched the support and rebounded = Opened a HIGHER order with an expiration time of 5 minutes.
5th order. Uptrend + Doji candlestick touched the support and rebounded = Opened a HIGHER order with an expiration time of 5 minutes.
All opened orders comply with the above principles to bring the highest profit. In IQ Option trading, discipline is power and strength that brings profits to yourself. On the contrary, pampering yourself excessively makes you fall deeper into the spiral of losses.
In conclusion
The principle is what you need to have in trading. The above principles will help you improve your trading situation and IQ Option profit in a better way. Follow the principles you set out consistently. It will help you avoid risks. I wish you success in trading
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