Binary options trading has recently become especially popular with traders. It is affordable, quite easy to use, when compared with other financial markets, gives a real opportunity to get quick money.
New Martingale Strategy
We bring to your attention one of the most popular binary strategies today – New Martingale, which was created in 2015, quickly conquered the Internet and won the trust of millions of traders. The author of the famous trading methodology is the investor and trader Nikolay Kokar. Thanks to the New Martingale strategy, attention to binary options began to increase. This trading system has become a real breakthrough in trading, it is both effective and very simple. And yet, why is it so popular today? Let’s take a look at our material.
Features of the New Martingale strategy
The basis of the popular binary strategy is the well-known Martingale method, the meaning of which is to double the value of transactions after each unsuccessful bet (that is, if a transaction of 10 US dollars is closed with a minus, then the next one should be twice as large as the first one – 20 US dollars, and so on, until the trader receives a successful transaction that will pay off all trades and give a decent income). This method of trading has a drawback – it does not take into account the trend of the market, and this is very risky, because It is easy to lose the entire deposit and it is difficult to close a series of transactions with a plus.
The author of New Martingale has eliminated this shortcoming in his approach. As experienced and novice traders know, trend trading is one of the most reliable and effective, the risks of loss are minimized here, and the chances of income are increased. New Martingale is used only with a strong trend movement, this made it possible to increase profitability and reduce risks. Thus, N. Kokar’s strategy is an improved traditional Martingale method, which has become more reliable and profitable.
This trading technique is just perfect for beginners in binary trading. To understand it and get income, you don’t need a lot of time, it’s easy to learn, it’s easy to work with it, you don’t need indicators, frightening algorithms, you only need a price chart and attentiveness. A significant advantage of the new strategy is its versatility, you can trade different assets (commodity assets, securities, currency pairs, etc.).
How does the New Martingale strategy work?
The New Martingale strategy works simply, so it is accessible to both beginners and professional market players. To trade with the New Martingale strategy, you just need to follow these steps:
- Choose an asset:
- Open two charts for the asset at once: the first – with a 12-hour timeframe (to see the global trend), the second – 30-minute (to see entry points):
- Next, you need to follow the trend: if the “highest” chart shows an upward trend, on the “lower” chart you need to find moments of price fall. In this case, you can immediately open a deal to buy a CALL option (up).
Opening an option on the trend:
The result of the transaction is profit:
Buying options on the New Martingale strategy
Buy a CALL option (up)
- The 12-hour chart shows an uptrend,
- The 30-minute chart shows a drop in price.
Buy a put option (down):
- The 12-hour chart shows a downtrend,
- The 30-minute chart shows the price increase.
Results of the strategy
The strategy shows good results only if the trader works in the direction of the main market trend, and the trend should be clear. So, the first transaction will bring you income. If the market does not have a clear trend, the author of the strategy recommends postponing trading, which will protect your capital from losses. If for some reason the first trade has become unprofitable, it is worth opening it again, doubling its size. Usually, 2-3 trades are enough for successful results.
According to N. Kokar, New Martingale is able to bring 1000 US dollars a day. On thematic forums, there is a lot of positive feedback from traders that the strategy works and is truly effective.
Money management
Traders are advised to invest in the purchase of an option using this strategy no more than 5% of the deposit funds. A comfortable amount in the account for work is about 100 US dollars. It may be more than what a trader will need if there are unprofitable trades.
New Martingale Strategy at FiNMAX Broker
For productive work on this strategy, it is important to work in the terminal of a reliable broker, for example, FiNMAX, which will make the trading process easy and comfortable. The functional terminal has advanced features (choice of expiration from 30 seconds to six months, a set of indicators and chart types, analytics) for trading. You can see what the terminal workspace looks like in the image below. Explore the broker’s capabilities by going to the finmaxbo.com website.
A detailed review of the FiNMAX broker is here.
Go to the official website of the FiNMAX broker here.
In order to buy a CALL option in the Finmax trading terminal, follow these steps by going to the finmaxbo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: UP
- Click the “buy” button and follow the results.
In order to buy a PCI option in the Finmax trading terminal, follow these steps by going to the finmaxbo.com website and preparing the option, indicating:
- Type of asset
- Expiration
- The size of the bet
- Forecast of quote movement: DOWN
- Click the “buy” button and follow the results.
Try FiNMAX’s New Martingale Strategy
Read real reviews about FiNMAX
FiNMAX broker bonuses up to 100%
For its customers, the official FiNMAX website holds many promotions and special offers, which you can get acquainted with here. By offering traders good promotions and bonuses, the broker makes binary options trading much more productive.
Tournament on demo accounts from FiNMAX
Free tournaments of the official FiNMAX website are held for those traders who have a demo account on the broker’s platform. The tournament will allow you to get money for further trading without replenishing the deposit. This makes FiNMAX trading possible without personal capital investment. The main condition for participation in the tournament is the availability of a demo account. Both options beginners and professionals can participate in the event.
Take part in the FiNMAX tournament
