Make money on Olymp Trade

Updated October 8, 2021

Learn how to make money online at Olymp Trade. How to trade in Olymp Trade. Let's consider the most effective strategies: moving averages, RSI, night strategy, opening deals, combined trading and note what you need to pay attention to in order to start making money at Olymp Trade.

When considering how to make money on the OlympTrade platform, we can emphasize that there are many secrets to making money online. And even many newcomers believe that they supposedly possess them. As a result, there is a lot of information and video on the Internet about how to make money with OlympTrade. But the same type of information about earnings in the system of doubling rates (Martingale) did not teach newcomers to successful and profitable trading. Consider further the main strategies* and the fundamental secret of earnings in Olymp Trade.

How to make money, earnings on Olymp Trade

How to start Olymp Trade? How to trade? In order to start trading on the Olymp Trade platform and make money from your currency forecasts, you must register an account. The $10,000 demo can be used for training purposes only and does not generate income. Trade on a live account to earn more on correct predictions. The minimum deal is $1.

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For traders from Indonesia Link

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Content:
How to make money on Olymp Trade
How to trade in Olymp Trade
Moving Average trading strategy
RSI strategy
Night strategy
Winning strategy in Olymp Trade
Opening deals
Combined trading
Trader review
Summary

How to make money on Olymp Trade

1. Step 1 - Register an Olymp Trade account here. Register + Get free $10,000 demo account + Get up to 50% Bonus free for beginners.
2. Step 2 - Download the mobile app on your smartphone or trade in your web browser.
3. Step 3 - Fund your account.
4. Step 4 - Opening deals is simple and efficient.
5. Step 5 - Withdraw to Visa / Mastercard.

To successfully learn how to make money online in Fixed Time Trades (FTT), first of all you need to start by opening an account for training (detailed instructions on how to open a demo account with OlympTrade). The demo version of the account will give the beginner valuable experience in trading financial and exchange-traded assets in real market conditions, without financial risk. You will get the opportunity to test and choose a strategy [1] for making money on the financial markets for free and without replenishing your account.

Read the full Olymp Trade broker review.

How to trade in Olymp Trade

The essence of the work is to predict changes in the price of a particular asset (currency pair forex, cryptocurrency, or commodity). And in order to make money on Olymp Trade, you need to correctly predict whether the price of the selected asset will rise or fall in the deals that you open, that is, the price chart goes up or down.

In Fixed Time Trades, you can make a significant profit by simply determining the direction of the chart, the price will fall or rise in price, for example, the dollar against the rupee or bitcoin against the dollar.

Each trader, opening FTT, knows in advance what he risks and how much he can earn. Revenues and risks are fixed in advance, and the profit ratio on the VIP account can be up to 92% [2].

Considering further how to make money on Olymp Trade, you should not look for secrets and universal methods of obtaining quick income. It is only necessary to understand that every successful trading strategy is always based on an exact mathematical calculation. Stable and fast earnings, even with $10, will bring only the strategy that provides at least 70% of profitable trades. And, of course, for this you need to learn how to properly understand the basics of the market trend on the stock exchange and understand who buys a financial asset and who sells. Understanding who wins this confrontation between sellers and buyers in exchange will allow you to look for good points for opening profitable deals.

To make money with OlympTrade in Nigeria, India, Indonesia and other countries, you do not need to be an experienced trader, you need to find the best points to enter and open trades.

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Moving Average trading strategy

Select Moving Average from the list of available indicators. Color: blue
Add another moving average on the chart. Color: green.
You should trade "Down" when the quick Moving Average line (green) crosses the slow Moving Average line (blue) from UP to DOWN *.

RSI strategy

The most common Olymp Trade strategy is algorithmic*. It all comes down to the formation of certain rules for opening deals and on their basis, buying and selling is carried out. And the most competent tactic is the RSI strategy* for a trend reversal.

We open trades on OlympTrade only after the appearance of the reversal indicator 30 or 70 (overbought / oversold) RSI.

It is better to use the timeframe (period on the chart) M1 / M5 and open trades for at least 10 minutes. Shorter periods of 60 seconds, widely advertised, cannot be successfully used, because they are the result of the activities of HFT (high-frequency) exchange robots. Therefore, it is not possible for a novice trader to predict high-frequency operations and especially the direction of the trend on short timeframes (1, 2 minutes).

It is worth remembering that the rules are the basis for making money in every successful strategy, since without an analysis algorithm it is impossible to open deals and consistently make a profit.

It is the rules, taking into account the chosen strategy, that are able to eliminate the psychological impact on the trader and allow them to start earning stably. And there are no secrets in earnings: you only need to understand the direction and dynamics of the trend of the selected asset, and correctly analyze charts on large and medium timeframes.

Night strategy

Among algorithmic strategies, there are those that are based on the peculiarities of the movement of currency quotations in a certain period. For example, the currency pairs are in a narrow corridor at night and move between its borders. Due to the large spread on Forex at this time it is impossible to earn, but in trading on the OlympTrade platform FTT it is available.

Winning strategy in Olymp Trade

How to make money online earn $10 per day from Olymp Trade

Probably, this trading strategy* with deals up and down best strategy* and is the only opportunity for beginners to make money on Olymp Trade. The secret of the strategy* is as follows: after 21:00 GMT on the above currency pairs, presented in the form of candlestick charts, you should find a narrow corridor in which the price moves for more than 1.5 hours. Then it is necessary to determine the boundaries of the price corridor, denoting them by maxima and minima. The next step is the visual determination of the configuration of the price movement channel: almost straight (side trend), upward or downward. And then open deals up or down.

Opening deals

Consider how to open an deal in OlympTrade for this strategy. This is a sale from the upper borders and a purchase from the lower ones in the case of a horizontal channel on the chart. The second option is to sell only from the upper border of the downward channel, ignoring purchases from the lower. The third option is only to buy in the uplink from the lower limit. The expiration date is set in the platform for 5 or 10 minutes, depending on the price dynamics, the timeframe on the M1 chart is M5.

It is important that the amount of the transaction is set so that the trader has the opportunity to repeatedly repeat the rate of the same amount for the entire period. In the question of how to make money on Olymp Trade, there are no secrets, as this strategy is simple and quite effective when making a deposit over $ 100.

The main thing in the night strategy is the fixed amount of the deposit in all opened deals. You can not double the bet amount and give in to excitement. This is not a game, but rather a painstaking work. Using this strategy*, in 3 hours you can try to earn about 10 dollars, each time risking only 1 dollar.

Combined trading

There is also a combined strategy, in which for beginner traders a huge amount of uncertainties. And if a respected reader wonders about how to make money on Olymp Trade, then he can learn something useful.

This strategy* consists in the use of Fixed Time Trades as a hedging instrument for intraday trades made on Forex. Their goal is to eliminate the risk if the forecast for the trades in the foreign exchange market is not justified. The FTT is opened in the opposite direction of the currency deal.

The benefits of Fixed Time Trades:
✅ Low minimum deposit amount - from 10 dollars.
✅ Low minimum transaction amount - $1.

To earn money on OlympTrade, use the following advantages of the trading platform:
✅ "Cancel a losing deal". This function provides the ability to insure yourself against an undesirable outcome deal. If you notice that after the conclusion of a transaction, the chart has started moving (rising or decreasing) in an unfavorable direction for you, you can easily cancel the losing deal.
✅ "Early closing of the transaction". The ability to close deal before the expiration. The amount of the return will depend on the degree of change in the price of the asset. The maximum amount of return is up to 120% of the transaction, for cryptocurrency assets up to 100%. Due to this, you can get up to 20% of net profit without waiting for the end of the deal.

Trader review

Oleg Rodnyakovsky, Indonesia.
Finally, I found a convenient company! I truly love the feature of fast withdrawal. Nothing compares to money coming to your card! I rely on my own strategy and feel calm about it. I can earn my month salary just opening 5-6 successful trades. I was trading on forex previously, but when I tried fixed time trades, as this instrument is much more convenient and less time-consuming. I recommend it to all forex-traders, if they are tired from long-term trading.

Summary

Perhaps the information in this review will help you better understand how to make money online at OlympTrade. All profitable trading strategies have been developed, tested and successfully used by traders for a long time, since the financial and stock markets have been around for many years.

You can open a demo (free of charge) and download the OlympTrade mobile app for iOS and Android smartphones by logging in and registering an account on the broker's official website.

Work with fixed time trades is much easier than with any other exchange tools. No investment instrument, like a single bank deposit, will allow you to achieve such a significant profit in such a short period as FTT!

Your income in your hands, start earning.



Risk disclaimer

Tags: olymp trade make money, olymp trade strategies, how to trade

See Also:
OlympTrade review
Registration form
Open account
Olymp Trade login
Demo fx
Training traders
Expert
Platform review
Mobile app for Android and iOS