If you are interested in trading, you can start with the deriv platform, using versatile trading instruments and systems to trade manually and a deriv bot for automated trading. The deriv trading platform is beginner-friendly, and you can quickly start trading with minimal balance in your account. On the other hand, the earning potential is also very high.
In trading, the most trader loses because of psychological breakdown. You need to focus 80% of your trading time on your psychology to become a profitable trader. However, you can skip the psychological battle using any proven good deriv robot. An automated bot usually gives you profits without human intervention. There are so many deriv bots you can find online; we also shared so many deriv bots, for example, Flex Profits Deriv Bot or Sweet Touch Deriv Bot.
The deriv bot is created based on the downtrend strategy with price action. This robot only trades put trades after analyzing the market structure.
Barrier offset is implemented to this downtrend deriv bot, and it makes this deriv bot a high win rate with consistent profits. So when you run this deriv bot, you will experience because of the barrier strategy inside this deriv bot; this robot usually gives higher winning in a row.
We recommend running this robot for a short time. If the trend is up and solid, this robot can give 2-3 losses in a row, and it makes you upset. So before you run this deriv bot, ensure that the trend is not UP.
So this deriv bot works best on the side-way market and downtrend market. However, you can experience one or two losing trades from time to time. It is because martingale trading steps were also implemented in this deriv bot. So, when this deriv bot loses, the next trade will be martingale, by which this deriv bot recovers the previous losses and make good profits.
We recommend starting this deriv bot with at least a $50 balance. So you can start with a $0.50 trade. And when this robot wins, it automatically increases the trade size trade after trade. So in this way, when this robot is in the winning sticks, it takes a high risk. And it’s the nature of the increased profitability.
We all know that the deriv bot is only created in XML format. And this XML bot only works on bot.deriv.com.
You can make 5% profits each session using this deriv bot. However, sometime you may face so drawdown. That’s why you need to follow the proper risk and money management.
Most importantly, Please test this deriv bot in your demo account before you go to the real account. Then, in the demo account, you can find the actual results of the deriv bot. And if you are happy with the demo results, you can go to a real account and make profits.
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