The trading system ‘Ladder’ is well suited for beginners who want to get rich on binary options. A trader should understand that no single behavioural strategy will provide 100% results in the global market. Exchange trading always involves risks, but well-thought-out mathematical schemes can reduce losses and improve the final result. Today we offer the reader to get acquainted with a popular strategy and make a decision about its practical use.
What do I need for the ‘Ladder’ trading system?
To trade effectively through the ‘Ladder’ system, a trader should choose a high-quality terminal and a reliable broker. The intermediary company should provide high-tech equipment and timely technical support, which will help to understand the features of the working platform.
If a trader intends to use the ‘Ladder’ trading system, he should choose a terminal with specific functionality:
- The price chart should demonstrate a maximum of useful information. A linear format of quotation display is suitable.
- The possibility of visual observation of open orders is required.
- It is necessary to use a wide set of graphical tools for a full-fledged market analysis.
- Availability of non-stop trading mode.
- Execution of orders should take place at the highest speed.
- Availability of short-term options with a small execution time.
- Contracts should have high profitability.
You should also pay attention to the trading conditions, which are indicated on the official broker’s website. If the commission charges turn out to be too large, then the trader will not be able to enrich himself on the ‘Ladder’ system. This is an important condition for cooperation with a market broker. Before activating an account, it is recommended to communicate with a representative of the company, to clarify the size of spreads and other payments.
How does the system work?
This strategy of behaviour implies averaging of bets. The essence of the technique is to add a specified number of positions in the direction of the trend until a positive result is obtained.
The main rule of successful averaging is to work in the direction of current market trends. Before placing orders, it is necessary to determine the market mood and analyse the exchange floor. Thus, the trader will understand in which direction the quotation is moving and what orders it is advisable to place at the current moment.
After conducting a competent market analysis, the trader should draw a line on the graphical visualisation of the price. Thus, he will mark the direction of the trend and will place the appropriate orders. It is necessary to conclude trade deals only at the moment of price touching with the forecast of quotes rebound. Understanding what the ‘Ladder’ system is, the trader will predict the potential price direction and earn on a simple averaging method.
When planning to trade on this trading strategy, a trader should conduct a full-fledged testing on a demo or cent account. Trading in conditions of minimal risk will allow him to evaluate further prospects and adjust the methodology according to personal needs.
