˙˚°✰ POSITION SIZING: Although there are formulas for manually calculating loss, profits and pips in synthetics, the most accurate way is doing that on MT5 or MT4. Watch the video below 👇 6/9.

✰ There's no award for suffering before you make it in this space. You have been trading synthetic indices, but no breakthrough ? Well, I've been trading synthetics for 5 months now with a verifiable 75% win rate. Want to figure out how I did it ? Open and study‼️

The synthetics market is a mimic of the real world market, which makes it similar to forex currencies, yet different. Calculation of pips, platform to analyze pairs, volatility, position sizing and so much more on synthetics differ from what you’re used to on forex currencies. You'll be making a terrible mistake if you don’t read this thread to the end. 2/9.

There are 4 major trading tools you need when it comes to trading synthetic pairs; • Meta trader 5 mobile app • Meta trader 5 software on your laptop • Deriv trading view. ( • Deriv live trading account ˙˚°✰ Meta trader 5 app is used for placing your trades. ˙˚°✰ Meta trader 5 software is also used for placing trades and for proper analysis because it carries more data than deriv tradingview. ˙˚°✰ Deriv tradingview is used for market analysis and easy to spot your pips for both TP and SL levels. ˙˚°✰ Deriv live trading account is the account which you fund to enable you place trades. Since the Deriv trading view is a website and not an app, you may have issues like making trading analysis and coming back to find those analysis cleared. The solution to this is to save your layout after every analysis. Watch the video below if you don’t know how to do that.👇 3/9.

˙˚°✰ For those struggling with poor trading capital, this section of the thread is for you. The video below will teach you how to open trades with a lot size below the allowed minimum lot sizes on MT5. Yes, you heard me right. Watch. 👇 4/9.

˙˚°✰ One of my hacks is understanding the strengths and weaknesses of these VIX pairs. Take 250s for an example, the sells do better than buys in terms of volatility and fewer losses. For such pair, focus more on participating in the sells when price is in a downtrend. Go to your charts using your strategy, check your win rates while participating in buys and sells for every pair. That’ll give you an idea of trends to focus on, on different pairs. 5/9.

˙˚°✰ Focus on pairs with margin requirements and volatility that is comfortable for your account size. Here’s a list of all VIX pairs and their margin requirement to open a minimum lot size. • Volatility 100 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.6 per position • Volatility 75 index -Minimum lotsize: 0.001 -Margin cost on minimum lotsize: $0.08 per position • Volatility 50(1s) index -Minimum lotsize : 0.005 -Margin cost on minimum lotsize: $0.36 per position • Volatility 25(1s) index -Minimum lotsize: 0.005 -Margin cost on minimum lotsize: $0.62 per position • Volatility 250(1s) index -Minimum lotzise: 0.005 -Margin cost on minimum lotsize: $0.21 per position • Volatility 25 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.27 per position • Volatility 50 index -Minimum lotsize: 4.00 -Margin cost on minimum lotsize: $0.49 per position • Volatility 100(1s) index -Minimum lotsize: 0.20 -Margin cost on minimum lotsize: $0.09 per position • Volatility 150(1s) index -Minimum lotsize: 0.01 -Margin cost on minimum lotsize: $0.03 per position • Volatility 10(1s) index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.91 per position • Volatility 10 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.63 per position • Volatility 75(1s) index -Minimum lotsize: 0.05 -Margin cost on minimum lotsize: $0.27 per position. 7/9.

˙˚°✰ CONFIRMATIONS: Unlike my approach towards the forex market, on synthetics, I don’t set pending orders on POIs. Instead, I execute trades at the current market price after observing price reactions to my POI. In the images below, I've illustrated some candlestick confirmations to focus on when pricing reaches your valid POI before executing the trade. Examples are shown in the images as well. 8/9.

Remember to study and not just bookmark. Repost the first post, Follow me, @Starr_gael, and turn on post notifications to stay updated and be the first to see whenever I make a post. Check my highlights for more trading tips to help you as a struggling trader. You’ll find trade documentaries, breakdowns, insights, results and my personal thoughts on my WhatsApp. Click the link below to connect.👇 9/9.

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Exness broker doesn’t trade Volatility Indices 50, 75, 100. Which broker is best for you