The 4 Most Important Factors in Olymp Trade Forex Trading
Whether you are already investing in the Forex markets with Olymp Trade or you’re looking to start, there are many things to consider and understand in order to find more success in your trades. While Forex trading with currency pairs may appear to be overly complex, and it is to some extent, traders can employ a number of different methods to improve their trading results. Each factor that affects currency trading can be extremely complex, but not all these complexities need to be explored too deeply. However, getting a good foreign exchange market overview and a good understanding will suffice in helping to make better trading decisions. Here are some of the things traders should consider when investing in Forex markets that are broken down in simpler terms to help average investors.
The Complete Guide to Forex Risk Management for Trading on Olymp Trade: How Does a Trader Make Money from It
Senior traders would say that there is no chance to build a successful career without risk management. Whatever your trade duration is, the trade should comply with unbreakable rules. But what is the real value of risk management? What are the basic recommendations each trader can use? You will find answers to these and other questions in this article.
Olymp Trade at Forex Expo Dubai: A Highly Successful Debut
Despite the pandemic, The Forex Expo hosts managed to keep their offline show alive. The event took place in the Dubai World Trade Center, one of the stand-out city skyscrapers. We are happy to say that the Olymp Trade team has come back home with an award and unforgettable impressions!
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Profitable Forex Trading Opportunities during Financial Crisis with Olymp Trade
Covid 19 and the global economic crisis that has evolved this year has created significant challenges for businesses and traders in every country. Additionally, millions of companies have had their sales, profits, payroll, and debt management affected severely. Nationwide lockdowns, shortages of medical supplies and other important products, and interruptions in normal supply chain operations have many traders, both new and experienced, scrambling to adjust their trading strategies during the pandemic. Making solid forecasts for opening positions, targeting which markets to focus on, and determining what news to believe and act on has all become extremely problematic during the crisis. Making matters worse is the threat of a “second wave” once many countries end their quarantines and try to return to normal. Nobody wants to downplay the seriousness of the Covid 19 crises and the subsequent consequences. However, as traders we need to find a way to turn a bad situation into a profitable one in order to maintain our livelihoods and reach our financial goals. To that end, here are some strategies we have put together on ways to trade profitably by identifying which markets are being affected in regards to developments in the pandemic.
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Olymp Trade’s Expert Review on Global Financial Crisis
Is it possible to say that the crisis began suddenly? No. The recession was in the air as soon as the economy had been growing rapidly for a long time without lengthy regression. The coming crisis was now and again associated with the Federal Reserve’s rate increase or a trade war between China and the United States. But the risk factors were diminishing. In 2018, Donald Trump managed to force the Fed to change its plans and abandon the idea of tightening monetary policy. The trade disputes between Beijing and Washington suddenly ended peacefully. The new threat came out of the blue. And if we do not take into account the COVID-19 conspiracy theory about the artificial origin of the coronavirus and its planned outbreak, the epidemic exposed the barely healed wounds of the global financial system. No one knows what is going to happen next. There are a lot of scenarios how the situation might develop. During this difficult period, our task is to get the right information and base our investment decisions on facts and reasoned opinions. If you want to understand what had happened to the economy and why everyone suddenly started talking about the financial crisis, this article will come in handy. We have provided a brief chronology of what is going on and collected the relevant data that will help you make the right choice.
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Why is Economic Calendar Important for Traders on Olymp Trade? How to Use It to Trade
Most traders understand that financial news has a significant impact on markets, but many don’t have a good understanding of where to find this news and what to expect from it. When trading, it is always best to be armed with the most current information before you open a position in foreign exchange markets.
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5 Important Rules Before Making a Trade on Olymp Trade for a Winning Trade
This special checklist is a perfect tool for assessing how safe the trade is. Try using it now and you will be surprised how easy it is to avoid taking extra risk. Just remember these 5 rules before making a trade:
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4 secret tricks from an experienced trader at Olymp Trade
A year has passed since I began trading on the Olymp Trade platform. Sometimes I won, sometimes lost. But I was convinced that money is within my grasp. I only had to find out how ...
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How to Maintain Your Trading Motivation to Be a Forex Trader with Olymp Trade
Our support service received a message: “Hello. Please delete my account. I can no longer cope with the stress. I do not want to make money by trading!” A representative of the company contacted the person, and it turned out that he was, in fact, a perfect trader. Only the last two weeks turned out to be unprofitable, and up to this point the yield of the account had grown exponentially for 3.5 months. Why did he feel the desire to quit the job that brings a stable profit? Here is the story of our client, which we publish with his permission.
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