Area chart Area charts are linear charts which means that the price movements are represented by the line. Japanese candlesticks This particular type of chart is the most widely used nowadays. Candlesticks carry information about changes in the price over a specified time frame. The body and wicks form a candlestick. The body range tells us about the opening price (O) … [Read more...] about 4 Chart Types you can use on the Olymp Trade platform
Forex trading advice from 10 years experience
Trading is strictly connected to winning money and losing them. Do you know that 90 percent of traders suffer money loss? Or that almost 80 percent give up during the first two unsuccessful years? Trading is not always an easy business. Your job as a trader is to learn, develop, improve your knowledge and techniques in order to not end up in those 80 percent. Here I share my … [Read more...] about Forex trading advice from 10 years experience
#1 Guide to Olymp Trade Forex Trading
Forex is one of the markets which you can trade on Olymp Trade. Some beginner traders will choose options over CFDs because trading them is quite simple and offer a steady profit. But let's get familiar with forex. Maybe trading currency pairs will be something that will be more appealing to you. Foreign Exchange Forex is the Foreign Exchange market (FX in short) that has … [Read more...] about #1 Guide to Olymp Trade Forex Trading
CFDs On Olymp Trade Simplified
What is CFD? CFD stands for Contract For Difference. It is a trading contract thanks to which you can speculate on asset price without the need of buying. What you do is you choose a broker, make an investment and foresee the future asset price. In case your forecasts are correct, you will receive the profit corresponding to the difference between the opening and closing … [Read more...] about CFDs On Olymp Trade Simplified
Money management strategies for Olymp Trade traders
Trading the financial markets can result in high returns or money loses. You enter the trade and there is a 50% chance the market will go up, so is 50% it will go down. You have to take risk into account. On Olymp Trade there is an option to close the trade before its expiration, still doing this you are losing some money. With growing experience, you learn when are the best … [Read more...] about Money management strategies for Olymp Trade traders
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