How to Trade Boom and Crash- If you are looking for how to trade Boom and Crash indices successfully, then this article was written just for you. As a rule of thumb, there is no strategy that is 100% perfect, but I will try to share some tips that will guide you in your journey to become a successful trader.
3 Key Takeaways to Trade Boom and Crash Indices
Here’s a sneak peek at what you’ll gain:
- Master Price Action: Use tools like EMA 48 or Bollinger Bands to spot trends and entry points.
- Outsmart Stop-Loss Hunts: Patience and market structure knowledge keep you ahead of reversals.
- Scale Up Smartly: Start as a scalper, then grow into day or swing trading for bigger profits.
These takeaways can boost your win rate and confidence fast.
What is Boom and Crash Indices?
If you are a newbie , you must have heard of Boom 500, Boom 1000, Crash 1000, and Crash 500. For the sake of clarity, Boom and Crash are ‘synthetic indices ‘ that is found only under the Deriv.com platform. With Crash 1000 and Crash 500 Index, there’s an average drop in the price series that occurs at anytime within 1000 and 500 ticks respectively. With Boom 1000 and Boom 500 index, there’s an average of one spike in the price series that occurs at anytime within 1000 and 500 ticks respectively
Table of Contents
First, what is Boom and Crash Indices?
How to Trade Boom and Crash Indices Successfully
o Develop a Strategy
o Trading Boom and Crash, My Story
6 Things to do if you want to win in the Crash and Boom Market.
o 1. Price Action is very Important.
o 2. Beware of Stop Loss hunt
o 3. Risk Management is Very Important
o 4. Develop a target based trading strategy
o 5. Practice and Patience is Key
o 6. Take Trading as your business
What’s Inside How to Trade Boom and Crash Indices Successfully?
This concise yet powerful ebook (13 pages) breaks down the essentials of trading Boom and Crash indices with clarity and depth. Here’s what you’ll find:
- Understanding Boom and Crash: Learn the mechanics of Boom 500, Boom 1000, Crash 500, and Crash 1000—synthetic indices exclusive to Deriv.com (Pages 1-2).
- Market Structure Insights: Decode the default buy/sell behaviors and spike patterns that define these markets (Pages 2-7).
- Personal Journey: Enwongo Henry shares his scalping roots and evolution to day/swing trading for bigger gains (Pages 7-11).
- 6 Winning Tips: Master price action, avoid stop-loss hunts, manage risk, set targets, practice patience, and treat trading as a business (Pages 12-13).
- Visual Examples: Charts (Figures 1-7) illustrate spikes, price action, and key setups.
From scalping to swing trading, this guide equips you with tools to tackle the Boom and Crash markets head-on.