Educationnewss – Olymp Trade as one of the most popular online trading bases allows people to invest less and earn more. This base has been serving loyal customers since 2014 and has proven to be reliable for people who are interested in online trading.
This Olymp Trade provides Fixed Time Traders and FX which sets it apart from other trading assets, as they offer an extensive list of assets. However, is Olymp Trade legal and safe in Indonesia?
According to various sources, Olymp Trade is not technically illegal in Indonesia, but is really not monitored or controlled by SEBI or RBI. This means that if a trader faces any kind of problem regarding business transactions or program collections, the Indonesian ruling faction cannot immediately help.
Since Olymp Trade is not regulated by Indonesian authorities, various banks in Indonesia have no problem with the direct basis, but there are only a lot of international Devit or Credit accepted on this basis.
Olymp Trade is considered an A member of the International Financial Commission which allows it the basis for covering up unfair trading practices of up to $20,000.
The minimum deposit required to start trading on a base is $10, which makes it easier for small traders to try their luck. The Olymp Trade program provides easy access to evaluation materials that allow new traders to easily identify the mechanics.
They’ve been around for over 40 years, but options are just starting to get the attention they deserve. Many investors shy away from options, believing them to be great and too difficult to understand.
Many have a bad initial experience with options, because neither they nor their broker are well accustomed to the steps of wearing them. The use of inappropriate options, as has been done by other great tools, is likely to lead to major problems.
In addition, the Olymp Trade website provides users with a free demo account and allows them to apply their applicable tactics while trading in real time.
Various investment systems can be used at Olymp Trading which prevent new traders from making bad decisions. Traders can then activate their real accounts and start trading practices with their own money.
Lastly, phrases such as “at risk” or “at risk” have been incorrectly included in the selection by the financial media and certain well-known figures in the market. However, it is important for the individual investor to understand both sides of the current narrative before making a decision about the value of an option.
There are four specific advantages that investors can provide:
- Can increase cost effectiveness.
- Less risky than equity.
- Potential to provide a higher percentage of returns.
- Offer some vital alternatives.
There are many things that make Olymp Trade the right options broker for those who want to try trading, whether it’s forex. So, why should Olymp Trade? Because Olymp Trade has never been caught cheating on anyone and its record is very clean.
Being one of the famous online forex brokers, Olymp Trade is familiar to our ears. This location that offers trading with easy and best business transactions is no doubt to be played again.
For those who are just starting out, it is recommended not to rush into investing. Because there is a demo account, we can study ahead of time for some time, to be able to get high profits. This article, we will review how to play olymp trade for those who are just starting out, quoted from Coldeja.com.
5 Consider Capital and Loss
Steps to Play Olymp Trade to Win
Steps To Play Olymp Trade For Beginners
1. Use Demonstration Account
The demo account at Olymp Trade is one of the steps so that we can know first about how to play Olymp Trade correctly and well. In a demo account, money is prepared to invest and allows us to simulate first with a demo account.
You can learn tricks and steps through YouTube on how to play Olymp Trade through a demo account first so you don’t experience losses.
2. Learn to Find Trends
When playing forex there is something called up and down. In olymp trade there are instructions how we don’t make a mistake. If the line is at the top, then you shouldn’t be in a hurry to make an option, as well as when you’re at the bottom.
Because we have to know the trick. Use the M10/M15 time frame as a reference for the direction of the trend in Olymp Trade, then use the M1/M5 time frame for execution, so you can select up or down.
3. Trick Trading With 100% Profit
Your first order for example $ 10, you can use $ 5 first to play. If you lose, then you immediately deposit $20 and the chance to win is 99%. If you lose, then you immediately deposit $50 and the chance to win is 99.9%.
If you win, do it this way from the first point, starting from $ 10. Don’t be in a hurry to go up or down, look at the diagram or candle that runs, so you don’t make a loss. Anyway, when it goes down, it’s not certain to go down immediately, and when it goes up it’s not certain to go up directly.
4. Practice and Trial
If you want to get big profits, you must do the exercise repeatedly. Namely by looking on YouTube, because of that you can use a demo account first.
Furthermore, trials using existing capital, to be able to get a big profit. Don’t be afraid to lose, because loss is a common thing in the trading world.
5. Consider Capital and Loss
If the capital you have runs out or is little, you need to calculate so that you don’t make a profit and can do forex trading repeatedly. So, as a novice trader, don’t consider capital, losses and profits.
Suppose your capital is $100, you will get a 10% loss, consider the unexpected loss, so as not to be surprised. With a pocket of $ 100, actually enough if you are not ambitious to make big profits.
And there are many References Back Steps to Play at Olymp Trade quoted from Tradestrategy.com, namely:
Steps to Play Olymp Trade to Win
- The investment amount per trade must be 5% or maybe less than the account balance. Some traders put a lot of money into trades, even 100%, expecting a big cash return. It is not allowed to do this way of playing in olymp trade.
- Every day do business transactions optimally 10 business transactions.
- Next determine the period of more than 60 seconds.
How to play olymp trade for those who are just starting out above, you can make recommendations. If you are going to dive into the world of forex, especially the Olymp Trade, because you have to learn and know the implications of the Olymp Trade.