Trend Following Strategy
This is one of the simplest and most effective strategies on Deriv. It involves identifying the market direction — whether the trend is bullish (upward) or bearish (downward) — and placing trades accordingly. Tools like Moving Averages and Bollinger Bands available on Deriv GO or Deriv X can help confirm the trend before you enter a trade. And if you're looking to enhance your trading power with a bonus, check out current offers using a Deriv promocode to boost your initial deposit.
Support and Resistance Strategy
Support and resistance levels are key areas where price tends to reverse or pause. On Deriv, you can mark these levels on your chart and wait for the price to bounce off or break through them. It helps you enter trades at optimal points with defined risk.
Breakout Strategy
Breakouts occur when the price moves out of a consolidation zone or a significant support/resistance level. On Deriv, wait for a strong candle to break a key level and enter a trade in the direction of the breakout. Confirm with volume or indicators like RSI.
Martingale Strategy (Use Cautiously)
Some Deriv users apply the Martingale system — doubling the trade amount after each loss to recover previous losses. While it may work short-term, it carries high risk and should only be used with strict limits and sufficient balance.
News Trading
Deriv offers access to synthetic indices, which are not affected by real-world news. However, if you trade forex or other real assets, you can use an economic calendar to trade around news events, targeting volatility spikes for quick profits.
Final Tip: Always practice new strategies on a demo account first. Deriv provides $10,000 in virtual funds to test ideas risk-free before going live.
Maximizing your trading potential often begins at the deposit stage. When you apply a Deriv promocode, you can unlock bonuses or promotions that give you extra capital to work with. These codes are time-sensitive and vary by region, so make sure to use a valid code upon your first deposit to take full advantage of the offer—and give your trend strategy a stronger starting point.