You can make profits from the deriv trading without analyzing the chart. It is because we are developing so many deriv bots, and all the bots will make profits on behalf of your account. Yes, no robot is a hundred percent; however, if you know how and when to use any particular robot in your account, you can make a decent profit using an auto trading deriv bot.
There are so many deriv bots you can find online. Some are the most profitable, and some are the least profitable. The only way you can understand the profitability of any bot is to test the demo account. There are specific steps to try and robot to demo accounts like real account emotions. We will also share all of it. If you like, you can also check other deriv robots, such as Atrium Binary Deriv Bot or Rover Deriv Bot.
This deriv bot is created based on the price action rise and fall strategy in the volatility index market. This deriv robot only takes higher probability trades which makes this deriv robot profitable and has less chance of wiping out your account.
When running this deriv bot to your account, you will notice that this forex robot takes trade less often. It is because it takes time and analyzes the market from different points of angle. After that, this deriv bot takes trades according to the market direction.
When this binary deriv bot loses any trade, it does not immediately go to the martingale steps. The next trade after the losing trade will be the recovery trade. If there is a 2nd trade after the losing trade, the binary deriv bot goes to martingale steps to recover the losses from the market.
Although this deriv deriv bot uses the martingale steps, it reduces the risk far less than any other deriv bot out there. For example, if you have $50 in your real account, you can use this deriv bot. Your starting stake should be, at most, $0.50. You can make $10 stop losses for every single session.
You need to use the deriv platform to use this deriv robot. You have to create an account on deriv and use bot.deriv.com to use this bot for your account.
We recommend using this deriv but only sometimes. First, you must monitor the market and spend as little time as possible in the volatility market, whether trading with the robot or manually trading.
After you are making 5%-6%, you should stop the bot. No bot can be a winner all the time. We need to check our emotions and make profits from time to time. Most importantly, you much test this deriv bot to your virtual account before going to the real account. And only invest what you are willing to lose. You can find the download details in details below.
How to Start:
Step 1: Binary bot Registration: https://provenbinarybot.com/Bot
Or Deriv (New Binary.com brand): https://provenbinarybot.com/Deriv
Step 2: Go to bot.binary.com or bot.deriv.com
Step 3: Upload the downloaded .xml file
Step 4: Run the bot
Step 5: Make Money
Recommended balance is $50
Initial Amount: $0.35
Stop Loss: $50 Target
Profit: $1-$2 (You can use more, but making 5% is already very good)
Please watch this trading video after download