Olymp Trade attracts many kinds of traders. There is one type that comes here in hope of easy money. Easy and fast. They think trading options is easy. They think it is a guessing game. Will the price of an underlying asset rise or fall? And then just to press a button accordingly. You have to know the truth. There is no easy money in trading. The platform users are trading … [Read more...] about 2 main reasons behind losing money + a direct path to fix it
Why around 90% of all traders lose money at Olymp Trade and how to end up in the remaining 10%? According to Olymp Trade statistics, around 90% of all traders lose their capital on the platform. This is leaving 10% who are in fact, earning money. Of course, this 90% were not planning to lose their funds. They may even occasionally open winning trades. But in the end, the … [Read more...] about More than 90% of traders lose money. Why is that?
Olymp Trade has wide financial instruments offer. Digital options include, among others, commodities, cryptocurrencies, stocks and currency pairs. The most popular seems to be currencies. 92% of customers are choosing them. Such a situation can be explained in a few ways. First, currency pairs have a higher return, 80% or more. Second, there are plenty to choose from which … [Read more...] about How to Choose Currency Pair You Should Trade at Olymp Trade?
The option transactions always have a fixed lifetime. When you open an option for the amount and expected market direction, you must specify the time at which the option expires. At Olymp Trade the minimum option's duration is one minute. But you have to keep in mind that there are two ways on the platform to set expiration. In this article, I will explain in details what … [Read more...] about 2 methods to set the expiration time of options at Olymp Trade
What is the overnight fee at Olymp Trade One of the fees you will encounter at Olymp Trade is an overnight fee, called also the rollover commission. This will be applied for CFDs, commodities and cryptocurrencies. The fee is charged when the position is left open through the night. It is used to compensate for the overnight leverage that is used by a trader. The amount of … [Read more...] about The explanation of the overnight fee at Olymp Trade