Pocket Option Double Up Explained: Boost Your Binary Trading Returns

Today, the fast-paced trading environment has seen platforms like Pocket Option gain prominence by providing traders with a user-friendly interface, a wide range of assets, and innovative, exciting features.

One of the unique features I am going to discuss tonight is the Double-up and Roll over feature on Pocket Option.

I have been using Pocket Option since 2019, and in these 5 years, this platform has brought some impressive features that I have not seen on any other trading platform, whether you talk about Pocket Option signals or copy trading and today double-up feature.

Now, if you are not familiar with the Double Up and Roll Over feature

As I said above Double-up feature is a unique trading option feature which allows traders to place an additional trade with the existing one.

In simple words, the Double Up feature is a feature that lets traders quickly duplicate an existing trade with the same price and expiration.

The main objective of launching this feature was to help traders make extra profit. This feature can be a game changer, especially during a strong market trend.

This tool is often used when a trade is going well and the trader analyses that the market trend is well maintained. Instead of opening a completely new trade, you can quickly hit the double-up button and double your profit.

How does Double Up work?

Here is the simple breakdown of how Double Up works..

1> Firstly, you enter a buy trade, for example $100, predicting that the price will go up.

2> Now, your analysis is correct, and the trade is moving in the correct direction, and you believe that the trend will continue in the same direction.

3> Lastly, you click the double-up button, which means a new trade of $100 is created. Let’s say only 15 seconds are left for the first trade to finish, and you click the double-up button. It has the same expiration time and direction.

Example:

Original Trade: $100 buy at 1.1200

Market moves up to 1.1212

You hit the Double Up button

Second Trade: $100 at 1.1212

Both trades expire at the same time.

If the price is above 1.1212 example 1.1214, both trades are profitable.

If the price is below 1.1212 example 1.1210, only the first trade stays at profit; the second one is at a loss.

Lastly, if price dips below 1.1200 example 1.1198, both trades are a loss.

How to use?

By, now, you must have understood the basic concept of the Double Up feature. Now, talking about how you can use the same. Follow the steps below

1> First and foremost, you need an access to the trading dashboard. In case you don’t have one, click here.

2> Next,  select the asset you desire and start analysing the same.

3> Lastly, once you have analysed and found a good asset and you believe market movement will stay stable, click on the double-up button.

When to Use the Double Up Feature

✅ 1> When you see a strong market momentum and you are pretty much sure that the trend will go as per the analysis.

✅ 2> When the technical tools you are using example, RSI, MACD, show a clear trend, then doubling your trades can be a smart move.

✅ 3> When the asset price retraces a little bit, but is pretty much sure that the asset will regain its spot double at a better price, it can surely improve your profit.

My Results

I have tried this double-up strategy on Pocket Option for quite a long time, for example, as you can see above, the trades taken on the same interval are double-up trades, and most of them were correct.

The first trade was taken on 16:18, with the original trade being wrong, while the double-up trade was correct.

While in mid, both the original and duplicate trades were correct, while the trade taken on 16:19, the original trade was correct, but the replicate trade was wrong.

Our only goal is to help you learn, so, we have found some good videos, which you should definitely watch.