Olymp Trade

How often do you withdraw and how long on average does processing a request take? Are there any delays?

In terms of withdrawing money - that depends on the market, if the situation is safe, then i withdraw once a week, and if it’s not very good, then more rarely, so far no hold ups on payment, why do you ask? are you also thinking about trading here?

I want to try some binary options trading. What can you recommend me to start with?

Well, if you’re using a certain strategy, why wouldn’t you be certain of it? Why do you write that it could be luck?

I don’t know, maybe luck, or perhaps the new strategy that turned out to be a grail, but the deals I open for the most part are profitable


Frankilss
I recomend to hanging out on forums and try different strategies

Mike
I’m not sure that it has to do with the trading strategy, cause I’ve not been using it for very long, and besides, I don’t always have the option of testing out strategies. But those times when I did use this strategy, it brought me profit.

Enough time has gone by in order to make some conclusions about your strategy. It shows itself as beautifully as before? And in terms of the broker, has he lowered the profitability percentage for the instruments?

They are fairly new and I would be careful depositing with new brokers. They are regulated but I can’t tell if that regulation with FinaCOM is
as good as CySec. I would recommend you pick a broker that has been around for a while and is also regulated with good reputation.

1 Like

I have to have several accounts because of the citizenship

1 Like

The time strategy has shown a pretty good result, but it was still a little lower than on the screenshot, but atleast this indicator is closer to the truth, which completely satisfies me. In terms of profit percentage - it falls, I think it depends on the situation on the market, because I have another account, there the percentage also falls, and it’s a demo account. But after some time profit once again increases to the 65-80% level.

1 Like

If the broker is reliable, and doesn’t manage the profitability in relation to how well the trader trades, that results in each trader has a different percentage, then the profitability really will depend on several factors. For example, breaking news, but also before the news you can see a change in profitability, when volatility is high, the percentage can also change. Anyway, the profitability doesn’t depend on how well the trader trades. You must have noticed when you trade well, that profitability will fall, or does that never happen? Although I think I should try it for myself. … I’ll try it and let you know.

1 Like

I liked trading with small amounts of money. Execution is good, quotes do not ‘jump’. I will try to increase the deposit and the price of binary options.

Well, I can say that this month turned out to be quite good, because I was left in a good plus. My minute strategy works quite well.
my trades: i.imgur.com/CnWbDG0.jpg

I don’t think I’ll be able to achieve my plan of increasing my deposit, but no matter what, I’m also in the plus, although it’s not what I was hoping for.

The main thing is that you are “in the black”. And the fact that you didn’t stick to your plan is not that important. It’d be way worse if you ended the month “in the red”.

I agree with you. It’s just I’ve set a certain goal and I wanted to reach it. And here profit fell short(((

No worries, you’ll get there this month. The main thing is not to lose your head chasing profit. You should always remain calm and sensible.

Yeah, well, psychology is super important. Without proper attitude you can hardly trade profitably.

Trading psychology is super important. But I think that risk management should be trader’s top priority.

I can’t agree with you on that one. If you can’t stop and pull yourself together at the right moment, no risk management will help you.

I’ve read an article on trading psychology here once. It said that you should be coolheaded and super calm when making trading decisisons. That’s how professional traders do it.