Everything You Need to Know about Rollover on Pocket Option

Trading is a complex world where you need high-quality tools and indicators to smoothen your trading journey.

One such tool I am going to discuss today that can surely help you maximise your trading profit is the rollover feature on Pocket Option.

If you are trading on Pocket Option and want to maximise your profits while managing the risk effectively, the rollover feature on Pocket Option can surely help you.

Roll-over feature is a powerful tool introduced by the Pocket Option trading platform. I don’t think you will find this tool on any other platform other than Pocket Option.

What is Rollover on Pocket Option?

Roll over is a trading tool on Pocket Option that allows traders to extend the expiration time of an active trade while increasing the investment amount.

This feature helps minimise the trader’s losses and increase the probability of a profitable trade closure, especially when the market is moving against our analysis temporarily.

This feature is especially useful in situations where your trade is currently losing but is moving close to your analysis, and you believe that the price will eventually reach the target with given little more time.

 

Key Features

 

•  Trading is a complex world where you need high-quality tools and indicators to smooth your trading journey.
•   It allows traders to extend trade without changing the original opening time.
• Activating the roll-over feature adds approximately 30% to your original investment, which helps traders boost their profit.
• You can only use the roll-over feature if at least 30% of the trade’s original time is still left after that point; the button is disabled.
• The trading tool is ideally used during a small market retracement or temporary reversals, giving your trade a better chance to recover if the trend resumes.

 

How to use the Rollover feature?

Step 1> Log in to your Pocket Option account, In case you don’t have one, click here

Step 2: Select the Asset you desire.

Step 3: Analyse the Asset price movement.

Step 4: Open the trade

Step 5: Monitor your analysis

Step 6: Click the rollover button if required.

Step 7: Confirm the extra cost and wait for the outcome

 

🚫 When You Should Avoid a Rollover?

 

❌ 1. Trade Is Deeply Out of your Hand

• When the trade you place is far away from the strike price, adding extra time would be worthless, and you can potentially lose extra money.

❌Against your analysis

When the trade goes completely against your analysis, or is moving in an opposite direction, adding an extra time can result in extra losses.

❌ Sideways Market

Sideways market is generally considered one of the most volatile situations for any trader so therefore, you should always stay away from the rollover feature during an uncertain market.

Example

 

Let’s say you place a buy trade of $50 on Bitcoin for 5 minutes. After 4.20 minutes, the price is slightly below your entry point, but you notice there is a strong momentum between the price and your trade. So, instead of letting the trade expire in a loss, you activate the rollover feature, the expiration time is extended by another 5 minutes, and your investment amount increases to 59 dollars ( including the 30% rollover fee ). Now you have more time for the price to move in your favour

How to Check Rollover fees on Pocket Option

To check rollover fees on Pocket Option, follow the steps below

1> Firstly, go to the assets for the contract specification section

2> Search swap long and swap sort values for each currency pair

3> This value indicates the overnight fee or credit per lot size.

Pros and Cons

Pros

✅ 1> More time for the trade to end

By now, you must have understood the benefits of the rollover feature. This trading tool allows traders to extend the trading time for a particular trade to end.

✅ Double your profit

If, according to your analysis, the trend is bound to move in the direction you desire or you predicted, this feature is a blessing for any trader, it not only extends your trade time but also doubles up a trader’s profit by increasing the amount.

✅ Better risk management

Instead of closing a trade at a loss, you can extend it and wait for the possible reversal, which improves your money management.

Cons

🤜 Additional cost

Some brokers may charge an extra fee for extending amount of trades and expiration time, which reduces the amount of profit and may result in a increased loss

 

 

Tips for Using Rollover Effectively

• Before opening a trade, always check the swap fees.
• Set clear rules in advance under what conditions you will use this feature.
• Don’t use this technical tool when the price is clearly moving against the predicted set price.
• Don’t rely on this trading tool; use it effectively and stop overusing it.
• Always try and practice this feature on the Pocket Option demo account, and once you are confident enough with its capability, then start using it in the real account.

Conclusion

The rollover feature on Pocket Option is one of the most powerful tools I have ever seen. This trading tool can help traders manage their positions effectively. By extending the expiration time, you not only get time to respond to the market effectively but also improve your profitability score. However, like any other trading tool, this trading tool must be used wisely while understanding and analysing the risk and cost associated with the same.

I will highly suggest you start using this tool in a demo account first to see how it impacts your trading strategy and if this trading tool is even made for you or not.

So this is the end of this article. I hope you must have found this article helpful If you have found this article helpful, do share with your friends, and if you have any feedback for me, do comment belo.w I’ll try to help or respond you as soon as possible