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Olymp Trade is one of the best platforms for online trading in the financial markets for professionals and novices alike.
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More traders are choosing derivatives rather than other financial instruments. The reason is they are easy to trade, or so it seems. Trading this kind of financial derivatives is basically deciding.
Traders have many assets to choose from on the Olymp Trade platform. Exchanging currencies is one of the very popular options. In fact, foreign exchange is the largest market of all. To start trading.
Traders often use indicators to be able to analyse the markets better. Moving averages are the ones Olymp Trade 外汇平台 most commonly employed. There exist various types of them and so you may utilise them in different.
Register account at Olymp Trade How do I open a Olymp trade account? If you want to start trading the first step will be opening an account on the trading platform. You are in the right place.
You always need to have a strategy Not having a clear strategy You need to have a good strategy to avoid losing. In fact, you can call it a must when it comes to trading. What will make an.
Today we will present you with an interesting strategy for trading financial derivatives that will help you identify the most convenient places to open a position. The strategy uses 2 simple.
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GENERAL RISK WARNING
The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds.
You should never trade money that you cannot afford to lose.
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Olymp Trade เทคนิค กราฟกระโดด หลอกลวง หรือแค่ช่องว่าง?
การเกิดกราฟกระโดด หรือ ช่องว่าง เกิด เมื่อตลาดได้รับข่าวสำคัญ เช่น ข่าวเศรษฐกิจ, ข่างการเมือง ฯลฯ ซึ่งช่องว่างสามารถหาได้บนกราฟของสินทรัพย์ทุกชนิด และทุกช่วงเวลา ตั้งแต่ 5 นาที – 1 เดือน โดยช่องว่างมีหลายรูปแบบ เทรด Olymp Trade เทคนิค การเทรด
Olymp Trade Demo Account – 100% Free
First-time users signing up to OlympTrade will soon discover that the platform offers more than one account option. There are also two main trading systems in place; MT4 and the company's proprietary platform.
A demo account is a practice environment that helps new traders get familiar with the trading technologies offered by Olymp Trade. You can create a demo account on OlympTrader’s web interface as well as an MT4 demo Olymp Trade 外汇平台 account.
The accounts provide a real feel of the actual experience of trading with actual cash. Traders access real-time charts that depict market movements and real spreads.
There's a chance to make profits, but they cannot be withdrawn. There is no need to sign up with a credit card Olymp Trade 外汇平台 or add a payment method to file before accessing the demo environment. Unlike some providers that limit their demo account to 30 days, OlympTrade has not placed any such limits.
Comparison with a live account
In their official blog post, OlympTrade notes that they have placed a limit of one week on trades placed through their proprietary trading interface. They recommend that traders who want to practice long-term strategies either use the real money account or the mt4 demo account.
For real money practice trades, you should consider using a small budget to avoid incurring substantial losses if the strategy is not successful.
Another difference between the demo and live account is that you can't exhaust the balance for the demo account. If the balance falls to zero, traders can easily replenish their account balance to $10,000 in virtual currency in just two steps.
How to open a demo account?
Using the Olymp Trade platform, you can open a demo account that will be as similar as possible to the real one, where the same trading conditions, tools, and quotation lists are applied. There you can also find analytical information necessary for trading and making the right decisions.
After Olymp Trade 外汇平台 registration is completed, the demo version of the broker becomes available. 10,000 virtual currency units are received instantly, which can be spent testing the terminal and getting used to the system.
How to use it
Don't set out to create a demo account and use it for a couple of days before transitioning to a real money account. It's essential to implement various strategies that will make your time in the practice environment highly productive.
Also, keep in mind that it's possible to switch to a real money account only to break a profit streak simply because there will be more emotions involved and a higher chance of mistakes happening.
Here are the best-recommended tips to get the best value from the OlympTrade demo account:
Create a study plan — Stay committed to practicing on the demo account by creating a study plan. A good plan may entail spending at least two hours a day on the demo account for the next 30 days.
Gain a firm understanding of the basics of trading — OlympTrade provides a robust educational center with plenty of tutorials. Gain a strong grasp of different types of technical indicators along with charting tools.
Develop a risk management system from the start — Don’t open trades with $1000 just because you have $10,000 in virtual currency. Set a reasonable trade size such as $10 and aim to grow with that. Similarly, consider learning about risk management strategies such as setting stop losses.
Treat virtual currency as real money — That means there should be some emotions attached to losing Olymp Trade 外汇平台 virtual currency. This will help in managing emotions when dealing with actual cash.
What to do if the demo account for Olymp trade has ended
By choosing Olymp Trade , you can apply different strategies. If the money runs out — 10 thousand conventional currency, do not rush to switch to real funds. There is a great risk of losing your investment.
If you liked working with the broker's options, but the conditional currency is running out, you can top it up and continue training.
Please note that virtual balance replenishment is only available if the virtual account has less than 5000 conventional currency. Virtual money is credited instantly.
This broker is a good opportunity to trade options, Olymp Trade 外汇平台 get experience, skills and practice in this field.
How To Use The RSI Indicator Trading Strategies In Olymp Trade
In the previous post, I have shown you how to effectively trade Fixed Time using signals of the RSI divergence . In today’s article, I will bring you one last piece of the puzzle to make this strategy the most effective. It is the 50 median line of the RSI indicator and how to use it in Olymp Trade.
50 line – the precise trend confirmation signal of RSI
For the majority of traders, when using RSI, they are only interested in the 30 (oversold) and 70 (overbought) lines only. Few people know that the median 50 of the RSI is of great significance in determining the price trend of the market. Take a look at the Olymp Trade 外汇平台 image below so you can see this.
As you can see: When the price is in a downtrend, the RSI fluctuates around 30-50 lines. Conversely, when the price increases, the RSI is within the Olymp Trade 外汇平台 50-70 lines. That is to say, the 50 line is the RSI dividing line, warning which trend the market is in. This is shown clearly when the RSI crosses the 50 line, the Olymp Trade 外汇平台 price has a trend reversal.
And this is the perfect piece for you to get the most accurate transactions with RSI.
How to use RSI indicator trading strategies in Olymp Trade
If you are not sure how to trade Olymp Trade using the divergence of RSI indicator, you can review it here:
Combined with the 50 line signal, we will have a complete trading strategy as follows.
Open Olymp Trade 外汇平台 an UP order when the following signals appear in turn
Open a DOWN order when the following Olymp Trade 外汇平台 signals appear in turn
*Notes: Open an order as soon as the confirmation candle completes.
Some typical examples
In Olymp Trade 外汇平台 this section, I will talk about 2 examples that demonstrate why the 50 line is so special Olymp Trade 外汇平台 in this trading strategy. Let’s see the examples one by one.
Example 1: The price has broken out of the resistance but RSI has not completely crossed the 50 line. This is an incorrect signal for you to open an UP order.
Example 2: RSI has crossed the 50 line but the price has not yet surpassed the resistance. This is also an incorrect signal for you to open orders.
In the two examples above, it can be seen that the 50 line helps to early identify an incorrect signal to avoid placing wrong orders. Very effective, isn’t it?
Summary
In Olymp Trade, the RSI indicator is one of the best tools that you can apply in trading. The signals it gives always have certain meanings to help you recognize something. The important thing is to know how to combine them, giving an objective signal about the market. From there, your judgment will be more confident than ever. The article should end here. Goodbye and see you again.