It looks like we got a little off topic and started discussing the nuances of trading instead of the services of this broker. Tell me, how are your money withdrawals coming?
I havenāt withdrawn profit in a while, so I canāt say anything about that, but I think everything is fine, otherwise someone would write about a problem by now.
Just recently I withdrew a pretty large sum as a gift to myself for the holidays, even though they were over, the money arrived in the course of the day.
You can always find something to pick on. But if you want to trade and not just seek out for drawbacks, then this platform would be good for you I think.
Iāve asked the support a couple of tricky question out of interest=) Surprisingly, these guys turned out to be really patient and polite. But then again they should be calm.
Iād like to know about the risks youāre willing to take when trading. What is the maximum percentage you can allow for?
Iāve got a quite large deposit now so I can minimize my risks. Now I only allow for 1%, I think itās pretty conservative.
My risks are way higher cause I usually try to boost my deposit. Do you think this platform would fit?
If we speak about risks, itās important to keep money management first of all, and follow a strategy of course. By the way, there are a lot of indicators in the terminal, does anyone use them?
In my opinion, sma is the most useful and effective indicator, if you set it up correctly, you can get a pretty informative view of the market and identify a trend.
Yes, SMA is a good trend indicator, but itās better to apply it with Stochastic, this way you can get preciser signals of higher quality, personally I have this combination for eursud.
Anyways all indicators reflect the previous condition of the market, so for the more effective forecast itās better to add fundamental analysis. I enter the market only when the technical and fundamental analysis give the signal. I recently managed to profit quite well on the coca-cola shares, got +5% to my deposit.
Speaking of the shares, I used to underestimate these assets before, then I saw how professionals invest and make money on these shares and decided to try too. I was pleasantly surprised by the result, these assets have a more fixed trend than the currency pairs.
I wanted to try CFD trading. Is it worth trying it?
A lot of platforms offer CFD trading. This broker is not an exception. It also has all the assets. Indices, shares and commodities. There are several option types. Classic, time options and deferred deals. Although, many others have it too. I like the simplicity and the quick money withdrawingā¦
I donāt remember exactly where, but a few days ago read that OlympTrade began closing its offices in several countries.
On olymp you can trade currency pairs and cryptocurrency. There are special strategies for binary options. Iām trying to figure out patterns, but perhaps itās not my piece of cake. I have a bad vision memory and keeping hundreds of crib notes in front of your is impossible. Thatās why Iām old-fashion and use the economic calendar.
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Well, dude, itās binary options. I guess you know itās a scam and 98% of traders loose their money. But at all Olymp Trade looks like normal web site with education centre and good designā¦ But i donāt advise you to trade in binaryā¦ if you want become a pro, use forex or crypto trading (i mean just buy when it low and sell when it high you know).
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To recognise patterns instantly you need a big experience. You need to identify them automatically in candlestick charts. And this comes only with experience. Tools are great of course, but the main things are experience and intuition.
Patterns are used to brainwash newbies. Olymp trade is actually probably changing exchange rates in the more preferable direction.
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