Introducing Accumulator Options on Deriv Bot – Maximise small market movements

Ever wondered how to turn small market movements into potential gains? Dive into the world of Accumulators on Deriv Bot, an innovative trade type that could revolutionise your automation experience. Accumulators allow you to grow your stake through small gains from minor price fluctuations. They offer potentially high returns with manageable risk limited to your stake. In this article, we’ll break down how you can harness this innovative option to optimise your trading performance, customise your growth rates, and navigate market dynamics like a pro. Ready to explore a smarter way to trade? Let’s get started.

What are Accumulator options?

Accumulators allow you to speculate a view on the range of movement of an index and grow your stake exponentially at a fixed growth rate. They let buyers participate in small movements of an asset’s spot price, offering an opportunity to earn returns based on a chosen growth rate.

Here’s how they work:

1. Initial setup: Select a growth rate. This sets two price ranges based on the previous tick of the asset’s spot price.
2. Participation: If the asset’s spot price stays within these ranges, your stake grows by the predetermined growth rate. The ranges are recalculated for the next tick based on the current spot price and initial growth rate.
3. Compounding: The returns are compounded with each tick, meaning that your payout grows exponentially as long as the spot price remains within the defined ranges.
4. Risk of knockout: If the asset’s spot price touches or breaches either range, the Accumulator becomes worthless, and you lose your stake.

Accumulators offer the potential for high returns through compounding, but they also come with significant risk if the price moves outside the predetermined ranges.

Why use Accumulators on Deriv Bot?

1. Exponential growth potential: Achieve exponential growth on your stake if the asset’s spot price remains within the predetermined ranges. This compounding effect can enhance returns over multiple ticks.
2. Participation in small market movements: Potentially profit from small fluctuations in the asset’s spot price, providing opportunities for gains even in low volatility conditions.
3. Customisable growth rate: Choose your desired growth rate for personalised risk management and potential returns tailored to your trading strategies.

How to set up Accumulators to trade  on Deriv Bot?

Ready to set up your Accumulators on Deriv Bot? Here’s a step-by-step guide:

Step 1: Access Deriv Bot

1. Log in to your Deriv account.
2. Navigate to Deriv Bot from the main menu.

Step 2: Set your trading parameters

1. Asset: Choose the volatility index you want to trade (e.g., Volatility 10 Index).
2. Trade and contract type: Select an option with Accumulators.
3. Stake: Decide the initial amount for your Accumulators contract.
4. Growth rate: This will determine the size of the price ranges and influence both the potential payout and the risk of the contract being knocked out. For instance, a 5% growth rate means that for each tick (time increment) that the spot price remains within the specified upper and lower ranges, the stake grows by 5%.
5. Take profit levels: Decide the amount you want to achieve before closing the contract.

Step 3: Monitor and adjust

The contract continues to grow exponentially as long as the spot price stays within the defined ranges. The value of the contract increases with each tick without breaching the ranges. Keep an eye on the performance and make adjustments for your future trades when necessary.

Tips for using Accumulators on Deriv bot

1. Customise stake size: Adjust the stake to manage your risk and trading strategy.
2. Set limits: Use reasonable stake sizes, growth rates, and take profit levels to avoid extreme losses or gains.
3. Regular review: Regularly review your trade settings and their impact on your trading performance. Adjust them based on your trading goals.

Accumulators are a valuable addition to your trading strategy on Deriv Bot. By adjusting your stakes based on suitable growth rates, you can potentially increase your profits.

Don’t miss out on the benefits of automated trading with Accumulators. Sign up now and elevate your trading experience with Deriv Bot. Start trading smarter today!