3 Critical Mistakes to Avoid in Pocket Option Trading

Summary

In this video, L shares an easy and profitable trading strategy for beginners, using the Pocket Option platform. The video explains how to use technical indicators like ZigZag and ADX to analyze trends and make informed trades. L demonstrates live trades, discusses key concepts like support and resistance levels, and emphasizes the importance of trading with 10% of your balance for safety. Viewers are encouraged to join L’s Telegram channel for daily signals and updates, and to subscribe for more trading tips and strategies.

Takeaways

• 💡 The video is aimed at teaching a profitable and easy trading strategy, especially suitable for beginners.
• 🚀 The trainer emphasizes joining their Telegram channel for daily updates and VIP access by messaging 'plus VIP'.
• 📈 The strategy uses a trading platform called Pocket Option, and the goal is to exceed $1,000 in profits during the session.
• 🧠 Two main indicators are used: the Zigzag indicator to filter out minor fluctuations and the ADX indicator to assess trend strength.
• 📊 The Zigzag indicator helps identify support and resistance levels, making it easier to predict market trends.
• ⚙️ ADX shows the average distance between two components (+DI and -DI), indicating trend strength at different points in time.
• 💵 The video covers multiple trades with different concept pairs (assets), including technical analysis for each trade.
• ✅ The analysis focuses on trends (upward or downward) and support/resistance levels to make trade decisions.
• 📉 Some trades follow a declining trend, while others predict upward movements based on a reversal after hitting support or resistance levels.
• 🎯 The video concludes with a summary of the session’s success, with the balance growing from $100 to over $1,000, and encourages users to subscribe and follow for more tips and signals.

Q & A

What is the purpose of this video?

The video aims to teach a profitable and easy trading strategy, particularly suitable for beginners.

What platform is used for trading in this video?

The trading is done on the Pocket Option platform.

Which indicators are used for technical analysis in this trading strategy?

The video uses two indicators: the Zigzag indicator and the ADX (Average Directional Index).

How can viewers join the creator’s VIP group?

Viewers can join the VIP group by going to the creator's Telegram channel and sending a message with 'plus VIP'.

What does the Zigzag indicator help with in this strategy?

The Zigzag indicator helps identify main trends and support/resistance levels by filtering out small market consolidations.

How is the ADX indicator used in this trading strategy?

The ADX indicator is used to evaluate the strength of a trend at specific points in time, which helps confirm upward or downward movements.

What is the typical deal time for trades in this strategy?

The deal time is set to one minute, but the video also mentions five, ten, and hour-long deal times.

Why does the creator suggest setting trades with 10% of the balance?

Using 10% of the balance for trades is recommended as a safer approach, particularly for beginners.

How does the creator determine whether to open an up or down trade?

The creator uses technical analysis, including trend identification and indicator readings, to decide whether to open an up or down trade.

Where can viewers find more information and updates about the trading strategy?

Viewers can find more information, trading signals, and updates by subscribing to the creator's Telegram channel and YouTube channel, with links provided in the video description.