Accelerating your deposit with options
Every beginning trader, as a rule, gets into the world of binary options through rather attractive advertising about very fast money in a relatively short time.
Admit it, if you're reading this article, you're probably tired of your boss and want to earn a good chunk of money quickly.
After delving into a ton of literature—and by the way, few people do this, simply becoming disillusioned when they lose money—you realize that no matter how enticing and attractive the advertising,
the average professional trader is simply happy to see their balance grow by 5-10 percent per month, and such a trader is simply inundated with investors.
For example, if you fell for the super advertisement about someone earning 10 thousand dollars in a month and constantly earning this amount, then by adding up the simple numbers, you realize that to earn that kind of money you need to own 100 thousand dollars.
Are you willing to sell your house for such a chance? Take out a loan? Or become a global debtor to your entire family? Of course not!
That is why there is only one, but very tough, way left – accelerating the deposit.
Deposit acceleration is the most aggressive trading method, aimed at quickly increasing the deposit in a relatively short period of time.
As a rule, if a trader gets carried away, namely, forgets that the purpose of accumulating a deposit was to increase capital for the sake of risk-free trading, the pursuit of money ends quite quickly.
So, there are two options for rapid acceleration, and both of them rely on the capital management model.
Methods for increasing your deposit using options
The first method , which we'll discuss in this article, is primarily aimed at experienced market participants who at least have their own strategy and trading statistics. The essence of the method is simply increasing the risk per bet.
So, if you've previously traded a stable volume, and your bet size has never thrown you overboard in the event of a loss, then it's time to start increasing your bet size. The most popular method for accelerating your deposit is to bet a predetermined percentage.
For example, to see rapid deposit growth, you decide to bet 10 percent of your deposit. So, if your deposit is $100, your first bet will be $10.
If you make a profit, your deposit will be $118, and your next bet will be $11.80, increasing as your profits accumulate. This model will only allow you to quickly increase your deposit if you're using a proven strategy.
The second method , familiar to most, is the simple use of the martingale strategy , which is used in casino roulette. This method, if you're unfamiliar, involves doubling your bet every time you suffer a loss.
However, to use this method, as a small capital investor, you must register with a broker with a minimum bet of one dollar, as a series of doublings can reach 3-5 times.
It's worth noting that binary options are a rather delicate and complex instrument, as you need to guess not only the direction but also the time it will take for the price to reach that direction. The trick, which leads to a series of losses, lies in the option's expiration time.
Many traders, simply seeing a falling chart, bet on a decline, only to have the price suddenly roll back, incur losses, and then move in the intended direction. If you decide to use the doubling system to boost your deposit, turn off your brain and don't look at the quotes .
Unfortunately, our eyes play tricks, so before deciding to place a bet, flip a coin. This way, you'll avoid visual deception and the temptation to buy or sell, accumulating a losing streak. Probability theory, coupled with doubling your bets, will do all the work for you.
Finally, I'd like to point out that if you decide to increase your deposit , you should clearly understand that you can lose as much as you can earn. Therefore, unless you're incredibly lucky, don't even try to tempt fate.
