Learn How to Use the Double Up Trading Strategy
Learn How to Use the Double Up Trading Strategy
January 6, 2014When trading binary options the way to measure yourself is to constantly monitor your success versus fail ratio on trades. Obviously the more winning trades you have, the better your chances are of actually making some money and cashing out. One way to sway the odds in your favor is using the Double Up Trading Strategy (AKA Doubling Up).
How Does it Work?
Similar to the Martingale Betting System, the double up feature allows you to immediately execute a new trade based on the same market conditions if you believe your contract will expire in the money. It’s important to note that the investment amount, as well as asset will remain exactly the same.
Risks:
Naturally, if your contract expires out of the money then you will lose twice the amount. So I would recommend trying it out for minimal sums at first with one of our recommended brokers.
Benefits:
You stand to make twice the projected return on investment (ROI) on your open positions.
If you are successful at this, and know how to manage your bankroll with out taking too many bonuses, you will amass a significant balance quickly, meet the trading requirements, and be in a position to withdraw funds. Understanding how to achieve a high balance is also a solid money management tactic which goes directly to understanding the bonus structure.
Doubling Up on 60 Seconds:
If you are looking for a quick rush, you can simply use this feature on 60 seconds trading and with a minimal investment of $5 and start monitoring your win versus loss ratio using this feature.
To conclude, doubling up harbors considerable risk but also allows you to maximize profit and gains if you understand how to use the correct strategies and entry signals. Spotoption brokers offering this feature are: Redwood Options, GToptions, and Banc De Binary which is a CySec regulated broker and does not accept US traders.
