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Olymp Trade's trading terms
Milefeyk
#11 Posted : Sunday, June 16, 2019 10:12:51 AM
Rank: New-farer

Joined: 4/12/2019
Posts: 18
It’s not a problem to find webinars and all sorts of free tips on the Internet. Why is Olymp better than others In practical terms? Let’s say, I’ve never traded on forex. Why should I choose Olymptrade?
Beler
#12 Posted : Sunday, June 16, 2019 4:50:49 PM
Rank: New-farer

Joined: 1/15/2019
Posts: 31
On Olymp, you can trade in different ways. Options, forex. It has a very simple trading platform and low deposit for real money trading. And most importantly, if you lose a deposit, you can continue trading for bonuses. All money that you earn with bonuses, you can withdraw. Great, right?
Milefeyk
#13 Posted : Friday, June 21, 2019 6:04:37 PM
Rank: New-farer

Joined: 4/12/2019
Posts: 18
How much bonuses will I get for 10 bucks deposit??
Mucher
#14 Posted : Wednesday, July 03, 2019 12:36:11 PM
Rank: New-farer

Joined: 1/15/2019
Posts: 33
$10 is not enough to get bonuses. Bonuses are given when depositing from $30 and more. But there is a way to trade without investing and make real money. Join the broker group on Facebook. Every week they give away risk-free orders.
Yliett
#15 Posted : Friday, July 26, 2019 1:01:09 PM
Rank: New-farer

Joined: 12/23/2018
Posts: 38
Location: germany
Some promo codes are also provided in communities. They are given away for free, by the way)
2Czar
#16 Posted : Monday, August 26, 2019 4:46:52 PM
Rank: New-farer

Joined: 12/28/2018
Posts: 70
Location: Helsingborg, Sweden
All these free non-deposit bonuses and promo codes – are good things, but it’s not enough to become a successful trader. It’s ok just for testing if you don’t know yet if you want to trade seriously. Or if you don’t have money for the deposit at all and have a strong desire start trading on financial markets ;) But if you want to trade seriously and make money on trading – you need to deposit and trade like a pro.
Doombringer
#17 Posted : Tuesday, August 27, 2019 4:48:41 PM
Rank: New-farer

Joined: 2/19/2019
Posts: 32
Location: France
And which deposit is better to make if I’, a newbie and just starting to check how its all work and how to trade properly?
2Czar
#18 Posted : Thursday, August 29, 2019 3:34:29 PM
Rank: New-farer

Joined: 12/28/2018
Posts: 70
Location: Helsingborg, Sweden
In this case, it is better for you not to start trading with real money.
You can deposit now.. but then practice on demo-account, before trading on real money.
 
And the deposit is calculated according to money management. For example, it is pretty popular rules, that you can`t involve more than max 2% of your capital in each deal. The minimum deal amount on Olymp Trade is 1 dollar, so it’s better to deposit as a minimum of 50-100 dollars. This is just to follow money management rules. To make decent earning each month and have a real income from trading, you will need even bigger capital…
Doombringer
#19 Posted : Friday, September 27, 2019 11:45:00 PM
Rank: New-farer

Joined: 2/19/2019
Posts: 32
Location: France
2% risk seems to be very small. I would have to lose 50 times in a row to lose all of my deposit. If you only risk 2%, than in case of success you also win about the same amount. It’s gonna take ages to grow these $50 to at least $100. Or am I missing something?
2Czar
#20 Posted : Saturday, September 28, 2019 8:07:59 PM
Rank: New-farer

Joined: 12/28/2018
Posts: 70
Location: Helsingborg, Sweden
These numbers are given by experienced traders and scientists who do have some scientific foundation for this advice. However, it’s not too bad to increase the risk from 2% to about 5% in the very beginning, when your account is not that big. With smaller amounts the loss won’t be that unpleasant or even shocking. Generally, the bigger is the deposit, the smaller should be the risk per 1 single trade.
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