Options trading is always risky, but not only because it is difficult to read the charts and open the positions in the right moment. The other thing is that you should be careful not to fall victim to brokers' manipulations. In old times, brokers sometimes tampered with the price charts so they get more money from the traders. But this behaviour was stopped by the financial … [Read more...] about 3 Methods That Brokers Use to Profit on Traders and How to Prevent Them
Guides
The Best Olymp Trade Foreign Exchange Trading Guide for Beginners
The complete guide for Olymp Trade forex traders Olymp Trade's offer includes the foreign exchange market. It consists of trading two currencies called currency pair. Basically, one can buy a particular currency for another one. The forex section on the Olymp Trade platform includes 12 indices, 28 currencies, 2 metals, 5 stocks and 9 cryptos. Thanks to such a variety you … [Read more...] about The Best Olymp Trade Foreign Exchange Trading Guide for Beginners
The Easy Way to Trade Candles at Olymp Trade
One of the simplest methods of determining market strength is observing the candles. You will find they exist in two colours. The candles that are green indicate buyers dominance on the market. When the reddish candles are in the majority, it means the sellers are taking over the prices. When the candles of the same colour appear one after another, there is a trend. Green … [Read more...] about The Easy Way to Trade Candles at Olymp Trade
How to read the RSI indicator
What is the RSI? The RSI is a Relative Strength Index that indicates how strong is the trend and helps to predict the possible reversal of the trend. It is estimated as follows: the price growth during a given time is summed up and divided by the total of price decreases over the same period. The results are displayed on the graph from 0 to 100 percent. If it happens … [Read more...] about How to read the RSI indicator
How to trade pullback candlestick with fixed time trades at Olymp Trade
Entering the trade at the right moment increases the chances of successful transactions. Professional traders use some tricks to discover the best time to open a trading position. One of such signs that gives information about good entry point is called Pullback candlestick. Today's article is just about that. Pullback candlestick characteristic It is very common that the price … [Read more...] about How to trade pullback candlestick with fixed time trades at Olymp Trade
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