Olymptrade Guide

  On the Olymp Trade platform, you will find one of the best available trading interfaces. It is designed to be intuitive and it includes many features that will make your trading career easier. In my opinion, the greatest thing about the Olymp Trade platform is the simplicity of its user interface. For people who have experience with other platforms, it’s just a matter of seconds to get familiar with well-organized platform functionalities. In this manual, we will guide you through the various functions of the Olymp Trade trading interface. On the screenshot below you can see numbers corresponding to the specific platform features which will be described further. Although bear in mind that some of the icons and sections may be placed a little bit differently depends on your screen resolution, window size and custom settings. Olymp Trade trading interface explained Help section (1) Located in top-bar (or top of the left sidebar) icon of a question mark will lead you to help submenu...

  Having a trading plan is of great importance, yet it is not always an easy task for new traders. Sometimes they try their luck without having one, but this is not the best idea. It is like shooting blindly in the dark. I have made the research and discovered that there are some trading plans available online. They do talk about the amounts of money you should put in the trade. However, they do not include other major factors. This ultimate guide was created to teach you all about your trading plan. What features your trading plan should cover? The length of using the plan The very basic thing is to decide how long you will use the trading plan. You can design it for a day, or for a week, or even a month. What I usually do, is making a plan for one week. During this time I examine and evaluate its performance. If everything works how I wanted, I will use the same plan for about one month. All the time I am using a particular trading plan, I keep records of all my trades. It will h...

  The trendline is a very practical tool that you can find on the Olymp Trade platform. The main purpose of it is to trace the price movements along with the trend. This tool is a graphical feature, which only means it won’t appear automatically. You will have to draw it by yourself. But as difficult as it may sound at the beginning, with this guide, soon you will master using the trendline. Note:  Here we will show you how to use the trendline while trading uptrend, yet it is no different while trading downtrend. Simply use the rules we will teach you here. We have already mentioned that the purpose of drawing the trendline is to trace the price changes. But it only applies to the current trend. It supposed to connect higher-lows in an uptrend. When speaking of the downtrend, it will naturally join lower-highs. Now let’s explain the basic terms. Uptrend – basic terms you might need to be familiar with. UPTREND  – This is the first concept to grasp. It basi...