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How To Trade And Olymp Trade用户评价 Win In Olymp Trade With A Simple And Easy Way
As beginners, many people want to test whether the Olymp Trade platform really pays money and lets you withdraw money or not. Here, Olymp Trade用户评价 Olymp Trade用户评价 Olymp Trade用户评价 in this article, I will show you one of the easiest ways to open a profitable order and make some profit in Olymp Trade. At the same time, I will give you a few notes on how to trade in Olymp Trade.
Video for making money in Olymp Trade with an account of $50
How to make money in Olymp Trade with a $50 account
Choose the reasonable trading assets in Olymp Trade
If you are new with a starter account of only $50, then you should choose currency pairs or assets with a payout rate of 80% or more. This is the profit ratio that you will receive if you win. For example, you enter Olymp Trade用户评价 1 transaction of $100 with a payout of 80%. If you win, you will gain a profit of $80.
Notes: The higher the payout rate is, the more secure your balance becomes.
For example, you are trading with the USD/JPY pair and a payout of 60%. You open 5 orders ($10 each). 3 wins – 2 losses => You lose $20 for 2 losing orders Olymp Trade用户评价 and make $18 for 3 winning orders => Your balance is still losing $2.
But if you trade with the EUR/USD pair and a payout of 80%. You also open 5 orders ($10 each). 3 wins – 2 losses => You are still profitable with $4.
Advice for beginners: EUR/USD and GBP/USD are the best 2 currency pairs for you to get acquainted with during your first trades.
The principles of candlesticks
At different time frames, the price will have different fluctuations. It will also create different candlesticks. Just by observing, you can realize this.
For example, during this trading time frame, EUR/USD creates alternating green and red candles. There are at most 4 consecutive green candles, after which a red candle will appear. And vice versa, there are at most 4 consecutive red candles and then green candles will appear.
Notes: Do not observe the 1-minute Japanese candlestick pattern. Fast fluctuations may make you lose money faster and Olymp Trade用户评价 easier.
Open correct orders
Now you know the principle of candles. The trading strategy for use in Olymp Trade that I mention now will be as follows. When 2 red candles appear in the market, you should start opening orders. Now you bet that the third candle will be a green one. If the third candle is still a red one, then open another order to bet that the fourth one will be green. It means that you will open 2 “HIGHER” orders continuously.
For details, you open 2 “HIGHER” orders to bet that a green candle will appear after 2 consecutive red candles.
Order 1: Bet on a green candle – Olymp Trade用户评价 Olymp Trade用户评价 open an UP order – $2 => LOSE
Order 2: Bet on a green candle – open 1 more UP order – $5 => WIN
After 2 orders, you gain a profit of $2.1. Profit ratio is $2.1/$50 = 4% of the balance.
Know where to stop
Do you ever have these questions as follows? If you lose both orders in a row, what should Olymp Trade用户评价 Olymp Trade用户评价 you do? The answer is “Stop!”. When the movements of candles do not follow any cycle, then stop. Keep your money.
On the contrary, if you win, you should also know where to stop. You may find that you have only earned a few dollars. But in fact, the profit you gain is several percentages of your total capital.
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About Olymp Trade
Olymp Trade is an online trading website that enables a person to make deposits and withdraw profits without commissions. It simplifies the online trading scene by providing the appropriate know-how to interested, budding traders. It facilitates easy online trading from the comfort of your home.
Why Olymp Olymp Trade用户评价 Trade?
The activities, transactions and dealings that take place on Olymp Trade are all regulated and certified by the Financial Commission. It provides a safe and level-playing field for all dealers and eliminates commission.
Olymp Trade is actively used by thousands of users across different continents who bear Olymp Trade用户评价 testimony to how simple, yet innovative Olymp Trade is.
Olymp Trade offers a free demo account loaded with $10000 to help teach new traders the tips and tricks required to be a skilled trader. It is also equipped with impeccable trading strategies devised by professionals to master their craft.
There are different modes of trading available with the objective of making trading an open Olymp Trade用户评价 field where no one is at a disadvantage and a person may participate using the mode he’s most comfortable with.
How to use Coupons
How To Use Olymp Trade Coupons On GrabOn?
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Olymp Trade - Online Trading 4+
Trading app by a world-class broker. More than 80 most popular assets, Olymp Trade用户评价 demo account training, outstanding service and multilingual support 24/7.
Olymp Trade is an international broker that provides its users access to 100+ financial instruments on its platform. With this trading app, you will be able to become one of our successful traders, using your smartphone to trade, train, Olymp Trade用户评价 and analyze the market.
100+ ASSETS & 30+ INDICATORS
An intuitive and user-friendly interface of our mobile trading app allows you to easily find and use indicators and analytical tools to make winning trades. Choose the type of asset you prefer, there are a few examples of them:
● Stocks: Apple, Tesla, Google
● Indices: S&P500, Dow Jones
● Metals: Gold, Silver
● Commodities: Brent, Natural Gas
● ETF Olymp Trade用户评价 and many other assets are available for trading.
TRAINING WITH A DEMO ACCOUNT
A special training account will Olymp Trade用户评价 help you learn how to trade online without risking your funds. All registered users get access to 10,000 units on a demo account, which they can always reset. You can switch to a live account, deposit funds into it, and trade whenever you want.
REGULAR TOURNAMENTS
Olymp Trade hosts regular tournaments, allowing you to test your mettle against traders from all across the globe in order to win grand prizes. On our platform, you’ll be able to attend both regular Olymp Trade用户评价 Olymp Trade用户评价 weekly tournaments, as well as competitions devoted to special occasions.
WEBINARS, ANALYTICS & TRADING STRATEGIES
Our trading platform provides education in the form of courses, webinars, trading strategies, analytics, and news that will be helpful to both novices and experts. You can achieve the more advanced materials and tools by getting XP for Trader’s Way and leveling up your account. Get investing advice and tips from professional analysts for free!
PERSONAL OFFERS & TRADERS COMMUNITY
Each of our traders can get an exclusive status that enables them to trade on special terms, and consult a personal manager. With Olymp Trade, you become a member of the international trading community. Take part in regular contests and Olymp Trade用户评价 tournaments to get valuable prizes and gifts!
MULTILINGUAL 24/7 SUPPORT
Our technical support team operates 24/7. You Olymp Trade用户评价 can contact them through email, a chat service, or even via a voice call to get Olymp Trade用户评价 Olymp Trade用户评价 prompt help with your issue or advice from our specialists. We care about every client and it is our goal to resolve any problem should it occur.
STOCKS
A new mode on our platform that submerges traders in the workings of a stock market. Trade assets that follow the stocks' quote prices online, giving you an opportunity for more profit. Learn more about the inner workings of stock exchanges and their benefits with us.
QUICKLER
A new exciting trading experience, quickler is a unique trading instrument created to be an ideal choice for fast-paced trading. Its pricing is derived from the vast list of our platform’s assets, so it basically functions similarly to a market Olymp Trade用户评价 volatility index.
TRADER’S WAY
A special loyalty program that rewards you for trading online with us. You can earn XP and level up your account, unlocking new tools and receiving different rewards. With enough XP, you will be able to increase your account’s status, getting even more benefits to enhance your trading experience.
DAILY TRADING TASKS
You can complete daily tasks to earn more XP for your account and to receive more rewards on Trader’s Way. Dailies are a great way to speed up leveling, as you get XP both for achieving set goals and for completing individual trades.