For the past two weeks, I’ve been placing trades on a Pocket Option demo account and trying to figure out which approach to stick with. My entries based on support and resistance levels are more precise, especially when the price isn’t whipsawing. But as soon as a sharp move starts, I begin to lag behind. A trend-following strategy seems simpler, but several times I entered near the end of the impulse.
That’s why I started looking into which Pocket Option binary options strategies people actually use for more than just one evening, but at least for several weeks in a row. I don’t want to add too many indicators; they only make the chart cluttered. Right now, I watch candlesticks, levels, and the direction of the move, and I make a decision after the candle closes. Maybe I’m trying to combine different approaches too early? Those who trade on this platform, do you choose one setup or change it depending on the market?
That’s why I started looking into which Pocket Option binary options strategies people actually use for more than just one evening, but at least for several weeks in a row. I don’t want to add too many indicators; they only make the chart cluttered. Right now, I watch candlesticks, levels, and the direction of the move, and I make a decision after the candle closes. Maybe I’m trying to combine different approaches too early? Those who trade on this platform, do you choose one setup or change it depending on the market?