Candle_Trader

How to use STIXEX “color options” and improve risk management

Education
BINANCE:BTCUSDT   Bitcoin / TetherUS

Hello everyone,

First of all, since STIXEX “color options” is a totally new way to speculate on crypto price, let me briefly explain what are STIXEX “color options” and how they work.

STIXEX allows traders to place a trade on the color of the next candlestick in the price chart. In other words, all you have to do is pick whether the next candlestick will be red or green. This way you do not have to predict the exact size of the price move in order to make a significant profit, every winning trade pays fixed 100% profit. So for example, if you place a $20 trade that the next candle will be green and you guess it correctly, you will receive $40 payout, you will double your money (minus commissions). There are 1min, 5min, and 15min options, so its perfect for day traders. As you can see, the concept is very simple and straight to the point. Now let me explain why this way of trading is more beneficial when it comes to risk management which is a serious problem, especially with newer traders:

1.You can’t loose more then your trade size, so if you trade $2, that’s the amount that you will lose in case of an unsuccessful trade. This is very beneficial when market experiences flash crash or sudden price moves that car run right through traders’ stops and incur significant unplanned losses. STIXEX eliminates this problem, no matter how much the price moves, your loss will always be capped at amount that you chose.

2.STIXEX uses Binance price feed, so there is no problems associated with low liquidity, your results on STIXEX are determined by price activity on Binance.

3.There is no price spread between bid/ask price.

4.There is no risk of slippage, the price that you decide to pay for an option is the final price, period.

5.You only pay commission on your initial trade amount, your profits do not incur any fees. Also, you don’t even have to close your trade manually, its is closed automatically once your option time expires.

6.There is no account set up process, you can start trading right away by depositing ETH or USDT(ERC20).

7.STIXEX uses TradingView charts, so you can use the same tools and indicators to plan your trades.

8. No need to set up Stop-Loss, your loss and profit are known in advance.

So, as you can see, STIXEX significantly simplifies trading process, instead of trying to predict not only the price direction but also the size of the price move in order to make significant profits, you only have to predict the color of the next candlestick and you will earn guaranteed 100% profit, even if the price moves only a fraction of a penny in your direction. Let me know in the comments bellow what do you think about this method.

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