Olymp Trade Wiki

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4 Chart Types you can use on the Olymp Trade platform

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

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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