You want to make money in Olymp Trade, don’t you? How much? How much are you willing to lose? Is there any way you can make money safely and regularly? If you are asking yourself these questions, this will be the series of articles you are looking for.
I will set my own challenge. It is to earn $1,000 in Olymp Trade within 20 trading days (4 weeks in a row).
“If you don’t know exactly what you want, it’s best not to do anything”
Why do you need a plan to make money in Olymp Trade?
Emotions are the enemies of trading whether you win or lose
If you win (continuously), you will get caught up in the trading cyclone of making money as fast as possible and continuing trading. Greed will make you forget your principles. On the contrary, if you lose, you will be anxious to recover the loss. You keep rushing in to look for opportunities. And so on, you will lose even more money.
Therefore, before thinking about making money from trading in Olymp Trade, you need a clear plan and know for sure what you want and what you need. How much are you willing to lose per day? Exactly how much money do you want to earn before stopping? This is the best way for you to control your emotions and keep your feet “on the ground”.
Remember: Trading and money are very addictive things. Therefore, you need to set limits for yourself. And when you reach these limits, you definitely have to stop.
Why don’t we deposit $300 and earn $1,000 in a few minutes?
Answers: That only appears in the ads.
I have tried it once, multiplying my balance by 6 times within 4 minutes (from $60 to $360). You can review this article: The Fastest Way To Earn Money In Olymp Trade: Compound Interest And 1 Minute
But I will never repeat that again. It is not sustainable, neither practical nor secure. Instead, I will do more practical things like creating a more sustainable plan to make money more safely.
Detailed plan to earn $1,000 in Olymp Trade
Deposit $300 + Bonus 30% => Total capital of $390.
Everyday profit will be $50. I will withdraw all to my Neteller e-wallet (Proof attached for every day). Within 20 consecutive days, I will earn $1,000 in Olymp Trade (Hopefully so).
I use the Trend & Signal strategy to trade in Olymp Trade.
Capital management methods: The fixed investment for each order is $20. If I lose 3 consecutive orders, then stop (End of a trading day).
In short, there will be 3 cases for me to stop: (i) Earn $50 during the day, (ii) Lose $60 during the day, and (iii) The market has no clear trend.
How to make regular money in Olymp Trade
$300 (total deposit), $50 (profit per day) or $1,000 (profit after 20 days). You may find these are small numbers. But most importantly, it is safe and regular. It’s real and you can surely achieve it.
And if you fulfill this challenge, you can raise your total capital to $600. You can earn $100 per day and $2,000 per month.
I am not sure if I can do this or not. So, every day, I will share 1 article which is like my personal diary. It is to look back and learn from experience during trading.
And in this article, I have come up with a specific plan for myself. I will share my trading method on how to trade Fixed Time such as identifying the trend, entry signals in Olymp Trade, etc. Let’s follow it up.
Commitment: This is the series of articles about Olymp Trade. These will be real deposits, real trading, and real withdrawal. We will have video recorded and shown on our website as proof every day. At the same time, in each article, I will clearly share the knowledge I have used to trade Fixed Time in Olymp Trade.