Forex Trading:
How to trade Boom and Crash Synthetic index|Boom1000, Crash 1000, Boom500 and Crash500
How to trade Boom and Crash index|Boom1000,Crash 1000,Boom500 and Crash500
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Good morning my forex trading fans out there, in my today article I will expose you to all the things you needed to no to be a pro in trading boom and crash, make sure you stay focus till the end.
Boom100,Boom 500,Crash1000 andCrash 500 are synthetic indices aspect of forex trading,With Crash 1000 (500) index, there’s an average of one drop in the price series that occurs at anytime within 1000 (500) ticks.
With Boom 1000 (500) index, there’s an average of one spike in the price series that occurs at anytime within 1000 (500) ticks. Often times it’s hard to study how to trick the market, no 100% perfect strategy.
Trading boom and crash required a good analysis , a trader need to identify support and resistance before entering a trade.
there are so many things that can hinder one from get a good result in trading boom and crash such improper money management, traders psychology and strategy, according to my research trading physchology is most important thing in trading as it carry 55% ,money management carry 35% and strategy carry 15%, . while some trader spend so much time in strategy, living money management and psychology behind.As many trader lack this especial beginners move quickly and trade with being discipline, He or she might win several time but in a long run he wipe his account. To master how to trade boom and crash required a good knowledge of the trend market and chart together with discipline.
Personally I trade synthetic indices than currency pairs, am not too good with fundamental analysis so I find it easier doing technical analysis and place my trade for profits.( Technical analysis is only needed in Synthetic indices so it gives me an edge to win always).
Boom And Crash Scalper
BeanFX Boom and Crash Scalper will assist Boom and Crash traders on how to scalp quick profits when trading Boom and Crash index. This strategy is a combination of five common Meta Trader 5 indicators.
Basically, the indicators are Moving averages, Average Directional Index, Adaptive Moving Average, Bollinger Bands and Force Index. The ideal time frame that is suitable for this strategy is 15 mins time frame. (Please try this strategy on a demo account before going live).
(You can use Boom and Crash Scalper and Scalper 2 strategies for scalping Boom and Crash).
(Binary dot com also known as Deriv dot com is the only broker that has Boom and Crash Index).
HOW TO BECOME A PRO IN TRADING BOOM AND CRASH
To become pro in trading boom and crash one need to understand how boom or crash move. unlike other index boom and crash move in a unique way . when you can understand this you can able trade it. boom and crash is the easiest way to trade and make money and also very easy to wipe ones account if care is not take. first of one need to identify trend,support and resistance ,and also use a right knowledge in applying . It is not adviceable to quickly jump and trade without mastering trading. Here are things that differentiate professionals and amateur . Professional are care about what they loose while amateur care about what he will gain. To explain it better amateur do not put stop loss and always greedy thinking he will always win but professionals have design a system and rules that guild them . when they lose they admit it and move on. but if amateur lose he become annoyed try to get it back were by loosing all. professional in trading study and try to get better believing that is all about getting better. amateur don’t even read to get better. trading boom and crash required a skill that is why professionals in trading treat trading a business while amateur treat it as a gambling try to get rich quick. there is no such thing in trading especilly if your trading boom and crash.
I believe you should be able to follow this little guide in trading boom and crash, remember fans make sure you master your demo before going live, I will you all a successful trading
If you still want to make further enquiry on trading boom and crash, you can reach me on: tautau4great@gmail.com or chat me up on watssap: 08148919417, I also give signal in trading boom and crash.
Thanks
