As you can see above the company has received a crazy 3.9 rating which actually is good and as I said I am personally using Olymptrade for like 1 year and I haven’t faced any trouble till now. However, The Best way I can say that Olymptrade is a Legit platform is by looking at google play ratings. Another best way via which I can say Is Olymp Trade Legit? Answer: Is Olymp Trade Legit? I Bet no one will ever tell you These easy olymp trade review promo Trade Tricks … Now, In this section, I will teach you my favourite Olymp Trade Tricks. Now, let me tell you some basics of RSI first please do note it down. Now, you must be asking what about that 50 right? Trading can be daunting and messy sometimes, but you must embrace it. Similarly, If you want quick money and you can bear risks then just go with 5 min, 10 min & more. The final point I want to make is The shorter frame you use the more movements you will see & more riskier it is. As you are not allowed to withdraw anything from the account during this time, you can definitely see that you really need to be well-capitalized to make trading worth it.

These risks can sometimes be very high and sometimes be very minimal but there are risks which are involved in this methodology of trading. Unlike other strategies which usually rely on the technical indicators to create any kind of buy/sell signals; this trading strategy makes use of the price action of the market to buy low and sell high. If the yellow line (200 EMA) crosses the blue line (100 EMA) and is above the blue line (100 EMA) then the market is in an upward trend so here, we should go for buy trade. Similarly, If the yellow line (200 EMA) crosses the blue line (100 EMA) and is below the blue line (100 EMA) then the market is in a downtrend trend so here, we should go for sell trade. First of all Click on EMA Twice and set one as 200 & other as 100 and choose a different colour for more clarity (See Image below). To Gain more success look both at RSI & Stochastic if both agree on the Bullish pattern go for buy Trade. At the oversold level, we should always place BUY TRADE as it indicates Up Trend. Oversold usually indicates the end of Downtrend & start of uptrend so we should place BUY TRADE there.

Similarly, If the Line is in oversold level and the green is above or is in a rising position go for a buy trade. If the Line is in overbought level and the red is above or is in a falling position go for a sell trade. At the overbought level, we should always place SELL TRADE as it indicates Down Trend. If the line comes from the overbought level and crosses 50 then most probably it indicates Downtrend so we should place a SELL TRADE here. It offers both a web-based platform and a mobile app, providing traders with the flexibility to trade from their preferred device, whether it’s a computer, smartphone, or tablet. Fincom ensures that traders are trading in a safe environment. Olymp Trade is approved by FINCOM. Besides, to be able to make withdrawals from your Olymp Trade trading account, you must have undergone a verification process to certify that you are the owner of the account. We also need to focus on forex trading testing that can be done either by using practice account through the broker you are working with or by chalking out your strategy on the paper, if you want to trade under rules with some limitations so that one can adopt the stepping rules of the forex trading easily.

However, It must be noted that in order to start investing in real account you need to make an initial deposit of $10 but you can trade-in for as much as low as $1. Crypto trading is the latest and most profitable area of investing these days. It is to be noted that trading in any field binary, crypto anywhere is a bit riskier. ETFs (Exchange-Traded Funds): Olymp Trade also offers trading in Exchange-Traded Funds. Kemarin saya coba narik saldo yang baru saja saya depositin, ternyata penarikan dana di olymp trade nya emang mudah dan cepat. Platform ini juga menawarkan fitur-fitur canggih seperti grafik interaktif dan indikator teknikal untuk membantu trader dalam mengambil keputusan trading. And it offers a very comprehensive content on the main strategies for professionals, tips on familiarization with the world of finance, capital management aimed at balancing the relationship between risk and return, as well as other basic knowledge regarding the most used indicators and tools of platform.