Learn how to trade:
Share this
In Less Than 12 Hours Abdirashid J. Form Thailand Has Grown His Quotex Account From $1,000 to 321,024.16 Thai Bhat. How Did He Achieve These Results? Let’s Find Out.
Abdirashid J. registered his account here on our blog last night and made a deposit of $1,000 to start trading binary options.
Of course, he also took advantage of the 35% deposit bonus issued in Quotex for deposits above $300 and got an extra $350 on his first deposit.
If you are totally green about binary options trading and you are wondering what I’m even talking about Quotex is even about, read the next paragraphs for a brief explanation of binary options trading in Quotex.
Calculate your binary options profits here
Trade History
What is Quotex?
Quotex is an online binary options trading platform that lets you earn money for the correct prediction of the price of currency pairs, commodities, crypto, and stocks.
The minimum trade amount in Quotex is only $1 and the maximum rate of return is 95%.
After making his deposit, Abdirashid J. placed a few trades in Quotex and won all of them earning 321,024.16 Thai Bhat in the short period that he was committed to trading.
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
Here’s the interview that we had with Abdirashid J and the exact answers he gave us.
He was kind enough to even show us his strategy.
Q1. Well done on your trading results this weekend Abdirashid J. What do the journey and the success you achieved today trading on Quotex mean to you?
It means a lot to me.
I was finally able to crack the code of binary options trading and my success can be seen in my new account balance.
Compare brokers here:
It’s still hard to believe that my $1,000 has generated $ 9,752.06 in profits in a handful of trades.
The best part, I have already withdrawn $ 2,628.86 from my winnings and received my money in my wallet. Quotex is genuine.
Q2. Prior to creating a trading account in Quotex, were you trading binary options?
Yes, I have tried pretty much all the older trading platforms.
I tried Olymp Trade, Iq Option, Binomo, and Expert Option but achieved no success with all these platforms.
Quotex on the other hand feels different and more than ever I am hopeful about earning decent income trading binary options.
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
Q3. How much success did you achieve with the previous platform?
As mentioned earlier, I did not make any good money trading with those other platforms.
To be honest, I lost almost all the money I deposited to my trading account, every time.
Q4. What chatting features do you find useful on Quotex?
More than everything on the platform, I like the leaderboard.
Just seeing my trading ID rise in the ranks has given me the motivation to continue trading and aim high for the top position.
At the moment I am number #2 on the leaderboard with a total sum of $ 9,752.06 in profits realized today.
I also like the analytics button on Quotex.
Q5. Do you wish you started trading in Quotex sooner?
Yes, in less than 12 hours Quotex has enabled m to earn more money than I would make fishing in two years in Thailand so what is it not to like about the platform?
Q6. Do you think it is possible to make $10,000 daily trading on the Quotex Platform?
(Laughs).
I think I can answer that if tomorrow I trade again and get the same success I got today.
“Why not have a follow-up interview and ask me that Question again in 1 week?” I think I will be in a better position to answer it then.
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
Q7. Which strategy are you currently using, outline it to someone else reading about your interview and needs a miracle today?
My strategy is very simple.
It is a trend-following strategy that I learned a long time ago on YouTube but I have never quite tried it on a real account.
It is based on a 50 EMA and the stochastic indicator.
1). Setting up the EMA.
To start using this strategy, click on the indicator tab on Quotex, and under moving averages choose the EMA.
Next, change the period from the standard period 10 to period 50.
That’s not all,
You also need to change the chart timeframe to 5 minutes, set the trade duration to 10 minutes, and since this is a high-probability winning strategy, increase your trade amount.
I have personally been going all in on all my trades.
2). Setting up the Stochastic Oscillator.
With all the parameters set, now focus on adding the stochastic to your chart.
The stochastic is one the fastest indicators ever built. It not only shows you when a prevailing trend is almost coming to an end but also when a new one is beginning.
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
If you use the Stochastic together with the EMA, you will increase your chances of winning and you can hopefully achieve the same success as I have.
How to add the Stochastic on Quotex charts.
It is simple.
Click the indicator button in Quotex and scroll to find stochastic.
Click on it once and use it with the standard settings.
How to Trade With This Strategy.
To open a BUY position,
- Wait for the price to cross the 50 EMA from the bottom to the top.
- Wait for two candlesticks to close and if they all close green, check the stochastic for a BUY confirmation
- The green MA in the stochastic must cross the red MA to the top and be above the 30 levels.
If all these parameters are met, trade UP.
To open a SELL position,
- Wait for the price to cross the 50 EMA from the top to the bottom
- Wait for two candlesticks to close and if they all close red after the cross, check the stochastic for a SELL confirmation
- The green MA in the stochastic must cross the red MA from the top and be below the 30 level.
8). What is the best time to trade with this strategy?
I have only tried this strategy today with OTC pairs in Quotex and it has worked magic.
I am yet to backtest. When I traded with it though, it was morning.
What was your inspiration for this strategy?
As mentioned earlier, I learned about this strategy on YouTube. I can’t claim it. It isn’t mine.
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
I tried it and it worked and as they say if it is working, why change it?
How not to lose money with the EMA and Stochastic trading strategy.
- Place your trade for 10 minutes
- Make sure two candlesticks have lapsed after the price crosses the EMA before opening a trade.
- Do not trade until you get a signal on EMA and confirmation on stochastic
- Don’t open multiple trades
What have you learned the hard way while trading binary options?
- It takes money to make money. Do not be afraid to invest. You may take a few losses but you will eventually win.
Advise someone who wants to start trading binary options and is not sure where or how to begin.
Trading is easy.
The hard part is staying patient and glued in front of your computer waiting for the opportune moment to trade.
If you can stay patient and wait for the signal and confirmation, you will make money trading binary options.
Ps. In less than 12 hours Abdirashid J. has earned over $ 9,752.06. This makes him number two on the Quotex leaderboard today.
Interestingly, he started with $1,000. He has successfully withdrawn $ 2,628.86 and is hoping to continue making money trading in Quotex.
To celebrate Abdiradhid J, we will let our 50% bonus promo code continue running for the next 1 week. Register here and use our promo code – JOON50 to get 50% more on every deposit. If you deposit $150 you will get $75 extra for FREE.
Share this
- Start trading with $1
- Earn up to 95% profits
- Fast payments
- $10 minimum deposit
- $10 minimum withdrawal
Recent Posts
You Will Become Rich Quickly if You Live in One of These 6 Countries.
Where in the world is it easiest to become rich? While so many people think that to become rich you’ve got to live, work, and do business in Iceland, Sweden, ….
You Can Make $274 if you Invest $100 Ten Times With a Winning Rate of 70%
Quite so often we receive WhatsApp texts or even telegram messages of traders asking, “how much will I make if I invest $100 in Olymp Trade?” While it is easy ….
XM Seminars for 2020 | Register a Real Trading Account to Book Seat
XM Global Ltd operating under the business trading name XM is a securities service provider licensee regulated and authorized by the International Financial service commission (IFSC) in Belize under the ….
XM MT4 | How to Make Money Trading Forex on Your Smartphone
Did you just register for a Forex trading account – which by the way, you hope to use to make so much money online but are still stuck wondering what ….
XM Global vs Olymp Trade | Which Broker to Join?
XM Global vs Olymp Trade, which broker should you sign up for? The real question should be, between Forex trading and Fixed Time Trading, what’s best for a beginner? Tell ….
XM Global No Deposit Bonus Forex! XM Forex $30 Bonus
COLWMA (City of London Wealth Management Awards) winner of Best FX Service Provider 2023, XM Forex is one of the best Forex brokers with a no deposit bonus globally. The ….
XM Forex: How Does Forex Trading Work?
To understand how Forex trading works, we must first understand what Forex is. And what is Forex you ask? Forex, also known as foreign exchange or FX, is the global ….
XM Forex Bonus $30 – How to Start Forex Trading Without Money
One of the reasons why most new traders fail to go past the demo account is the fear of losing money trading on a real account. But what if I ….
XM Forex 10th Anniversary Promo | Up to $1,000,000 to be Won in Prizes
Hey there,Do you want to raise so much money so fast for Christmas? How much do you wish to raise?Ksh. 50,000, €1,000, ₽2,000, ₹4,000,… or $10,000?Well, if your budget falls ….
XM Broker: Why is Forex Trading Popular?
There are so many reasons why people trade Forex. Some of these reasons also double up as the advantages or benefits of Forex trading. And what are these benefits you ….
Broker Comparison
Top 5 Binary Options Brokers With $10,000 Demo Account
Binary options trading is fast becoming popular in the world and with this popularity the urge and to find the best broker to trade with. But when we talk of ….
Tips to Becoming a Forex Millionaire in Kenya
Most people in Kenya have turned to forex trading to earn an extra coin. To start trading forex though, you need to have an account that will hold your money ….
SabioTrade: Get Funded and Withdraw up to 80% Profits
Are you looking for a way to trade Forex with a funded account and withdraw up to 80% of your profits? If so, you might be interested in SabioTrade, a ….
Quotex vs Olymp Trade. Which Broker to Sign up With?
Quotex vs Olymp Trade which broker should you sign up with? This is a common question that we get all the time, especially from newbie traders who want to sign ….
Quotex Broker Regulation Vs Olymp Trade Regulation
Quotex Broker is a binary options broker that offers access to its trading platform globally to traders who’d like to make money trading in shorter time frames. Just like Quotex, ….
Nigeria Forex Millionaires And Their Forex Strategies
Forex trading has spread to several parts of the world and is legal in Nigeria, and Africa. However, it operates within a gray area. Subsequently, the Central Bank of Nigeria ….
Is Qx Broker Among The Best Binary Options Brokers
Binary trading is one of the easiest and safest ways to trade online. It is also the fastest-growing form of investing. Binary trading is one of the easiest ways to ….
IQCent Broker Review With User Opinion, Legit or Scam?
Do you want to start trading with IQcent and don’t know if to trust them or not? Welcome to our comprehensive review of IQCent, the online trading platform that has ….
IQ Mining Review Plus Users Opinion. Legit or Scam?
IQ Mining is a dual-purpose platform, serving as both a cloud mining hub for cryptocurrencies and a broker for Forex and binary options trading. Its efficient utilization of smart contracts ….
Forex Millionaires in South Africa and How they Make Money
Last week, we started a new series of listicles on this blog. Our objective? To explore, discuss, and reveal the faces of forex millionaires in the countries where forex is ….
Business Ideas
What is the Best Business to Start in Kenya?
Kenya is a great place to start a business. The best type of business may be different for you, depending on your skill set and what you are looking for ….
What Business Ideas Make The Most Money
Are you an aspiring business entrepreneur? Check out our list of the most popular business ideas in 2024. People venture into the business world for different reasons. Some because they ….
What Business Can I Start With 2k In Kenya In 2024?
Kenya is a great place to start a business. The economy is growing, the population is young and there is a lot of opportunity for entrepreneurs. However, starting a business ….
Top Business Ideas that Will Make 375 SAR Daily in Saudi Arabia in 2024.
It is common knowledge that Saudi Arabia is the world’s greatest oil producer. Around 25% of the world’s petroleum reserves are processed in the country. According to statistics, Saudi Arabia’s ….
Top 50 Online Shopping Sites in India.
You must have found yourself ordering a thing or two from an online store and they delivered to your preferred address, right? Now that is the new fashion of doing ….
Top 50 Most Profitable Businesses in Kenya
Ain’t it not easy to say I want to start a business in 2024? Of course not. You have to do your due diligence: come up with a business idea, ….
Top 50 business ideas for All Ages {Online and Offline Ideas}
Many people desire to venture into entrepreneurship for different reasons. For sure, being your own boss, working from your home, garage, or office, offers total control and satisfaction. You can ….
Top 5 Instagram Businesses to Start
Instagram is an amazing photo and video sharing app that we use to connect to friends and family online. Interestingly, Instagram is as much a great place to start your ….
Top 30 Best Businesses to Start in Eldoret Town
Would you like to start a small business in Eldoret town? Which business do you have in mind? Do you have data to back up its profitability and to maybe ….
Top 20 Small Businesses For University Students In Kenya
Are you a university student in Kenya and looking for small business ideas to start? You are in the right place. In this article, I will show you the #20 ….
Make Money
Works at Home: 30 Ways to Make Money Fast (Online And Offline)
No matter what your situation is, there’s a side gig for you. Whether it’s to make a little extra cash or help solve an emergency issue, having a backup plan ….
Will Shiba Inu Coin Keep Making Investors Rich in 2024?
The Shiba Inu Coin has been one of the most popular crypto success stories since 2018. This meme-based cryptocurrency moved to its highest in just a few years making it ….
Which TikTok Star Will Have the Most Followers in 2024?
TikTok is a social media app that has taken the world by storm. It is a platform where users can share short videos of themselves. The app has been downloaded ….
Which Freelancing Site Should I Visit To Make Money Coding?
Freelancing is the best way to make money because it allows you to work on your own time and set your own schedule. You can take jobs that are local ….
Where to Get FREE NFTs: 11 Easy Ways to Do It
Non-fungible tokens (NFTs) are all the rage right now. These unique digital assets are quickly becoming a staple in the world of blockchain gaming and collectibles. The best part about ….
What’s The Best Business to Start in Kenya in 2024?
There are many businesses that you can start in Kenya in 2024. However, not all of them will be successful. It is important to do your research and find a ….
What No One Says About Olymp Trade! Put Together in a Video.
Could this be you? You opened an Olymp Trade account. Made a deposit. Traded on a live account for the first time. The outcome? You lost your first $10 deposit. ….
What is the Easiest Way to Make Money Online in Kenya in 2024?
There are thousands of ways you can make money in Kenya. Some of them require no skill or experience whatsoever, others? You’d need skill and experience to do with success. ….
What is The Easiest Way to Make $100 Today?
If you’re already making money online, skip this post. If you’re not already making any money online keep reading. Because the methods that I’m about to show you in this ….
What is The Easiest (Non-Scammy) Way to Make Money Online?
Making money online can seem like a daunting task. There are so many scams and get-rich-quick schemes out there that it’s hard to know what is legitimate and what isn’t. ….
Quotex Tutorials
What is Quotex? Quotex Trading Course for Beginners
Quotex is a cutting-edge digital options trading platform known for its user-friendly interface and numerous tradable assets, including OTC pairs, traded 24/7. The Quotex trading platform accommodates traders of all ….
Try This Quotex 1 Minute Strategy for Fixed Time Trades
While binary options trading is easy and only requires traders to choose between two different outcomes, it isn’t always profitable without a strategy. My honest truth, You can lose so ….
Top Traders on Quotex ++ Earnings And Strategies
Quotex, the most popular trading platform in 2024, has seen a surge in popularity in recent years. With more and more people looking to make a quick buck, it’s no ….
Risk Management: Trading Course for Beginning Quotex Traders
Risk management is an important discipline that traders must understand and implement if they want to protect their capital and improve their potential for profits. In other words, without risk ….
Qx Broker: How to Register with Quotex, Quotex.io in 2024
In order to start trading on the Quotex broker platform, either on the demo or live account, you must create an account. If you are doing this for the first ….
Qx Broker : How to Fund Quotex With Instant EFT in SA
Are you a South African trader looking for a reliable and efficient platform to deposit money and start trading with? Look no further than Quotex! With the addition of the ….
Quotex, Qx Broker 80% Weekend Bonus Promo Code
Welcome to the exciting world of trading! If you’re looking for a reliable and user-friendly trading platform, then look no further than Quotex.io. Qx broker is today giving out trading ….
Quotex Withdrawal Problem? Use This Other Method
Are you looking for a reliable and profitable binary options trading platform? Do you want to join thousands of traders who are making money online with Quotex? If yes, then ….
Quotex Weekly Tournament: Up to $10,000 in Prize Money
Every other month, the Quotex trading platform allows its users to participate in trading contests and earn more money. One such contest or tournament is the Quotex weekly tournament with ….
Quotex Trading Course for Beginners: Market analysis
Once you create a demo account in Quotex to start trading, you will notice that the platform has some type of chart. Generally, trading platforms have 4 different chart types ….
XM Tutorials
How XM Trading Works in Kenya
If you went to Google and searched, “how XM trading works” then chances are, you have never traded before, you don’t have a trading account and most importantly, you want ….
How To Trade With XM Forex.
So, you have just created a trading account in XM Forex and completed the account opening process successfully and now you are wondering, what next? How does Xm trading work? ….
How to Trade on XM Even on Weekends
Trading the financial markets via a broker like XM means getting access to real-time pricing of the financial assets when you want to trade. But, as we all know, the ….
How to Open a Trading Account With XM in Kenya.
If you are reading this post then chances are, you are convinced that Xm is the best broker for retail Forex, both locally and globally. And the truth is, XM ….