Hi Deriv Community,
This is a low-risk positive progression strategy that first appeared in 1965. By using this strategy, you will increase the size of your contract after each successful trade, and decrease the size of your contract after each unsuccessful trade.
To use this strategy on your Bot, go to the “Bot builder” and click “Quick strategy” choose Oscar’s grind strategy
You may edit the parameters accordingly and click “Edit” to further check on the strategy. Otherwise, you may click “Run” to automate your trades.
The goal of the strategy is to repeatedly grind out small one-unit wins until you achieve your target win amount.
If you lose, you keep your stake value the same.
If you win, you increase your stake value by one unit.
However, the goal of the system is to win just one unit from each sequence, so if you win your first trade, the system is complete and you start over again
If you reach a profit of one unit at any point, the system is complete.
If a profit was made in the first trade, the next one does not increase.
If you receive a loss, the stake will not be increased. After each failed trade, the size of the next one should be the same as in the previous one.
It is also highly recommended to practice any of the preferred strategies with the Demo account first for better understanding.
To know more about quick strategy, please refer to this topic: Quick Strategy in Dbot
If you have any questions, please visit our Help Centre or contact us via Live Chat and WhatsApp.