So, you’ve been away from trading for a while. Whether you’ve been exploring new hobbies, binge-watching TV shows, or just needed a break, coming back to trading after a few months can be both exciting and daunting.
We’ve got some practical tips to help you jumpstart your return with confidence. Let’s get you back on track!
1. Stick to simple candlestick patterns
If you don’t want to get back to those complex indicators and fancy chart setups just yet, start with simple candlestick patterns like Three Black Crows and Three White Soldiers.
Three Black Crows
This is a bearish reversal pattern. Picture it as three ominous black crows perched on a branch. It consists of three consecutive long red candles, each closing lower than the previous one.
Spotting this pattern suggests a potential downtrend is on the horizon, so it might be a good time to consider selling.
Three White Soldiers
On the flip side, this pattern indicates a bullish reversal. Imagine three white soldiers marching in formation. This pattern consists of three consecutive long green candles, each closing higher than the last.
Seeing this pattern can be a signal to consider buying, as it hints at a potential uptrend.
🔥 Here’s a neat trick from IQ Option
You don’t have to hunt for these patterns manually — use this promo code to unlock our secret hidden indicators. They will automatically detect and highlight the Three Black Crows and Three White Soldiers patterns for you!
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Plus, you’ll get access to the DPO+MA strategy signals, which are fantastic for spotting short-term price changes and potential trend reversals.
Here’s what you need to do to activate these hidden tools for more accurate and effective trading.
- Head to the Promo Center of the Traderoom.
- Select the Indicators offer and press “Accept Offer.”
- Go to the Deposit section and enter the promo code during checkout.
- Once you’ve made a deposit, the secret indicators will appear in the Indicators section.
- Use the signals to trade easily and achieve top-notch results!
2. Transition from Demo to Real balance
It’s tempting to stay in the safety of Demo mode, where the stakes are lower and the risk is zero. However, real trading offers an entirely different experience.
Here’s a practical tip: Once you’ve retested your strategy 10 times and got at least 60% success rate, switch to your real balance. A good sign it’s time to make the switch is when you consistently achieve positive results in Demo mode and feel ready to handle the psychological pressure of live trading.
Remember, the thrill and challenge of real trading can sharpen your skills in ways Demo trading cannot.
3. Choose your deposit method
To make the deposit process as smooth as possible, choosing a reliable payment method is crucial. While various options are available, selecting a method that suits your needs ensures a quick and easy deposit experience. This allows you to fund your trading account efficiently and start trading without unnecessary delays.
4. (Re)watch trading tutorials
It’s easy to forget details when you’ve been away for a while. If that’s your case, we recommend watching videos over text. Why? Because statistically people remember 95% of a video’s message, compared to just 10% of what they read.
The IQ Option Traderoom offers a wealth of video tutorials covering everything from platform basics to advanced trading tips. Take some time to revisit these videos and refresh your knowledge. This will remind you of any important details you might have overlooked.
5. Stay updated with market news
Even if you’re not actively trading, you probably still keep up with market news. Staying informed about major global events and market movements will sharpen your ability to recognize patterns and anticipate market trends. As a trader, you have the advantage of analyzing news from a strategic perspective. For instance, understanding how geopolitical events affect market sentiment can give you insights into potential trading opportunities.
By following these tips, you’ll be well on your way to making a smooth and successful return to trading. Welcome back, trader!
