Trading fast contracts and binary options on Pocket Option attracts many traders. These instruments offer the potential for relatively large returns that are, importantly, accessible to most traders. Turbo option trades are completed within seconds, and the payout from even a single contract can be comparable to a full day's earnings. The trade-off, however, is high risk — which means trading turbo options without a sound and reliable strategy is not viable. Pocket Option offers a wide range of tools with which you can build almost any system capable of generating consistent returns.
Also, keep in mind that you can start trading with additional funds by using promo codes to top up your account from the Pocket Option broker. To further improve your performance with this strategy, you can use a promo code to cancel loss trade $10.
Essential Rules for Trading Turbo Options on Pocket Option
The main challenge with fast contracts is that trading on short timeframes requires decisions to be made in seconds, which significantly increases the risk of losses. To minimize this risk, experienced traders recommend following these rules:
- Stick strictly to your chosen strategy. On short timeframes, the number of false signals rises sharply. If even one condition of your strategy is not met, do not open a trade.
- Apply the Martingale method. This approach involves sizing your position so that your deposit is sufficient for at least 10 consecutive trades. This allows losses to be offset by the profit from one or several winning trades.
- Trade with full concentration. If any external factors are interfering with your focus, do not open trades.
- Trade turbo options in sessions, not continuously. This type of trading is mentally demanding, and regular breaks are essential.
- Keep a trading journal. This helps you identify in time when a strategy needs to be adjusted or replaced.
These rules apply across various systems and work effectively with the "one-two-three" strategy as well.
How the Strategy Works
To use this strategy, select a candlestick chart in the Pocket Option terminal and add the Bollinger Bands indicator. A trade can be opened when all of the following conditions are met simultaneously:
- The expiration time must not exceed 60 seconds.
- A clear trend is visible on the chart, with the Bollinger Bands lines pointing firmly in one direction — up or down — and a wide price channel.
- At least three consecutive candles have opened in the same direction.
Open a Call option on the Pocket Option terminal when the Bollinger Bands lines are moving upward and at least three consecutive candles are green.
Put options are opened under the opposite conditions: the Bollinger Bands lines should be pointing downward, and the candles should be red.
The one-two-three strategy is very easy to apply and is suitable even for those just starting out with turbo options.
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