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I joined Olymp Trade three months ago and trade Olymp Trade 常见问题 regularly. Few things I like: - Training and strategies on the platform are REALLY good. - Chart Olymp Trade 常见问题 and time frames are clear and smooth. - Deposit by card is instant. Overall, I’m glad I’ve joined Olymp Trade.
I’ve always been a person who likes to be his own boss, and Olymp Trade gives me exactly that. And that’s only the beginning, as I love the security, Olymp Trade 常见问题 beautiful UI, and big Education segment it provides. It makes trading easier, so thank you for that!Olymp Trade 常见问题
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Hey, traders, here is what I like the most about Olymp Trade: 1. Training or strategies - Olymp Trade teaches us how to earn and manage money. 2. Support Olymp Trade 常见问题 team - Olymp Trade support is always here to help and resolve my issues. Thank you, guys.
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The Transactions offered by this Website can be executed only by Olymp Trade 常见问题 fully competent adults. Transactions with financial instruments offered on the Website involve substantial risk and trading may be very risky. If you make Transactions with the financial instruments offered on this Website, you might incur substantial losses or even lose everything in your Account. Before you decide to start Transactions with the financial instruments offered on the Website, you must review the Service Agreement and Risk Disclosure Information. The Olymp Trade 常见问题 services on the Website are provided and regulated by Saledo Global LLC, registered at: First Floor, First St. Vincent Bank Ltd Building, P.O. Box 1574, James Street, Kingstown, St. Vincent & the Grenadines, which is fully licensed to perform its activities by the laws of that country. Partner companies: VISEPOINT LIMITED; registration No. C 94716, registered at: 54, Immakulata, Triq il-Mina ta’ Hompesch, ZABBAR ZBR 9016, MALTA and WALLFORT LIMITED, registration number HE 364395, registered at: Agias Zonis & Thessalonikis, NICOLAU PENTADROMOS CENTER, 5th floor, flat/office 305B, 3026 Limassol, Cyprus, provide content and perform operational management of the business.
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How To Trade And Win In Olymp Olymp Trade 常见问题 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, in this article, I will Olymp Trade 常见问题 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 Olymp Trade 常见问题 Olymp Trade 常见问题 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 1 transaction of $100 with a payout of 80%. If you Olymp Trade 常见问题 Olymp Trade 常见问题 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 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 Olymp Trade 常见问题 Olymp Trade 常见问题 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 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 Olymp Trade 常见问题 orders. Now you bet that the third candle will be a green one. If the third candle Olymp Trade 常见问题 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 – 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 Olymp Trade 常见问题 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 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.
Olymp Trade’s Halal Accounts
Olymptrade halal account
Olymp Trade’s platform offers Muslim users opportunities to trade forex that meet all Islam’s requirements.
Our trading platform has attracted thousands of traders from across the globe. Users not only love our platform due to its Olymp Trade 常见问题 high quality standards, but we also ensure that we always meet the requirements of our customers and have created a trading environment that is truly comfortable.
Olymp Trade platform accounts have been brought in line with Islam requirements, specifically for traders from Muslim countries. This makes it possible for Muslim users to learn more about business opportunities presented by the forex (foreign exchange) market.
The main reason why Muslims often don’t want to trade forex is because of the common misconception that forex trading is gambling.
Trading Is Not Gambling
With gambling, every outcome depends on chance. This is not the case with forex as cash flows internationally are governed by the economy, more specifically, the laws of supply and Olymp Trade 常见问题 demand. Investors don’t rely on intuition or chance, but use trading strategies that allow them to identify market conditions where they can possibly make a profit.
By using Olymp Trade’s Forex platform, our clients are able to learn how to use common analysis tools, basic trading strategies and general forex trading Olymp Trade 常见问题 principles for free.
The users of the platform don’t have to pay swaps, which depend on the interest rates as defined by the country that has issued the currency’s central bank. If a position is to be kept open on the platform overnight, a fixed fee is payable. This fee is known beforehand and has no link to the interest rate of any bank. Traders therefore know the position’s total cost, even before it is opened, irrespective of the level of investment horizon they set.
Real Prices and Markets
When traders execute trades in spot-markets, they are trading with real goods. As Olymp Trade 常见问题 Islam bans working on contracts that involve the deferred supply of goods, e.g. futures or forwards, Olymp Trade 常见问题 our Muslim traders only work in the real market, i.e. the spot market.
Trades are executed Olymp Trade 常见问题 at market prices that are determined by other users of foreign exchange markets. A chart is used to indicate the actual value of the asset. Working with these prices fully meets Islam requirements.
Trades Olymp Trade 常见问题 Olymp Trade 常见问题 are not limited by time, allowing you to make decisions on investments without having to worry about Olymp Trade 常见问题 factors such as futures expiration, i.e. its circulation expiring.
In Islam, opinions on trading the foreign exchange market differ. Some individual see forex as a game, while others don’t accept participating in trading due to the close link between loan interest and currencies. The mechanisms that are used to determine Olymp Trade 常见问题 whether various aspects of trading comply with Islam’s requirements are very complex. For those who want to trade in the forex market however, Olymp Trade’s platform presents a high-quality option that meets exacting standards.