You want to make money online from Olymp Trade transactions? Turn Olymp Trade into your passive income channel? But you are new and don’t know where to start? In this article, I will show proofs that I’ve made money successfully from Olymp Trade every day. Then I will show you how to trade, win and successfully withdraw from Olymp Trade.
- 1 Proof of make money from Olymp Trade
- 2 How to make money from Olymp Trade
- 3 My experience of trading at Olymp Trade after more than 1 year
Proof of make money from Olymp Trade
This is the total amount of money I have withdrawn from the Olymp Trade platform. Although it is not a big number, it is regular. Every day, I usually withdraw $15 from Olymp Trade to my Visa/Mastercard account. Every weekend, I will withdraw both interest and capital then deposit again at the beginning of next week.
And this is when from Olymp Trade money goes to my Visa/Mastercard account.
How to make money from Olymp Trade
Step 1: Register an Olymp Trade account here
If you haven’t register an account at the Olymp Trade platform, let’s create one for yourself here to get a free $10,000 DEMO account to trade. At the same time, I will give you 1 promotion code to gain 30% of the total value you deposit.
Step 2: Deposit into your Olymp Trade account
To trade and make money real money at Olymp Trade, you just deposit $15 into Olymp Trade account. Clicking Deposit on the Olymp Trade interface
After that, choose the appropriate deposit method. I often use Visa and Mastercard to deposit and withdraw money at Olymp Trade.
Next, select the $15 for the first deposit.
Use the promotion code “OG3YA” to receive an additional 30% of the total deposit amount.
Fill in the information on Visa/Mastercard to proceed payment.
So now, your Olymp Trade account has $20. You can start making money.
Step 3: How to trade simply but effectively at Olymp Trade
There are 2 things you need to do:
The first thing: Customize the Olymp Trade interface
First, choose the currency pair to trade. EUR/USD is the best. This is the most profitable and easy-to-play currency pair for beginners.
Next, select the Japanese candlesticks chart to observe the price comfortably and open orders later.
Then, in the indicator tab, you select the Bollinger Bands indicator. This is the most reliable technical analysis indicator during the Olymp Trade transaction process.
Finally, you select the time frame for the display chart to be 5 minutes. At the same time, the expiration time for 1 transaction is also 5 minutes.
So, you have prepared everything. Now is the time to start opening orders.
The second thing: Only open trades when the whole candlestick is outside of Bollinger Bands (Out Band candlestick)
Use your naked eyes and observe the chart. Normally, the price will move in the Bollinger Bands indicator. But when the price breaks 2 bands (Upper or Lower), this is the time we are about to open the trade.
How to trade: When the price breaks the upper or lower band and at the same moment, the candlestick closes outside of the Bollinger Bands (create a candlestick outside Bollinger Bands), I will open a reversed trading order. Specifically, open an Up order when the price creates a candlestick outside of the lower band. Conversely, open a Down order when the price creates a candlestick outside of the upper band.
I will take specific examples:
This is a candlestick which is outside the lower band of Bollinger Bands => We will immediately open an Up option => The price has increased => win.
Or, the price goes up and create a candlestick which is outside the upper band of Bollinger Bands => We will open a Down option => Price has dropped => win.
How to manage capital when your Olymp Trade account has $20
With a total amount of $20 (capital + bonus), you can trade 2 orders. The first transaction order: $6. If:
- The 1st order loses, you will open the next order with your remaining $14.
- The 1st order wins, you only open the 2nd order with $6.
That means when we win we will keep the money for the next order. But when we lose, we will raise money for the next transaction to regain capital and a profit. Don’t worry, if you do well with this way of trading, it will be very difficult to lose money.
Transaction log Olymp Trade
March 25. 2019
1st trade: The price fell out of the lower band, created a candlestick outside the Bollinger Bands => Opened an Up option immediately => win.
2nd trade: Price increased and created a candlestick outside the upper band => Opened a Down option => win.
March 22. 2019
There are 3 trades at Olymp Trade. All win
1st trade: Price increased and created a green candlestick outside the upper band of the Bollinger Bands => Open a Down option => win
2nd trade: Price increased, created a candlestick outside of the upper band => Open a Down trade => win
Some things to keep in mind when trading at Olymp Trade with Out Band candlestick.
First is to choose the currency. EUR/USD is the best currency pair with this way of trade. The price of EUR/USD is very easy to grasp and this is the most profitable currency pair at Olymp Trade.
Second: Market news of EUR/USD. You can see here: https://olymptrade.com/en-us/analytics. When the market comes out (either good news or bad news), the price will fluctuate very strongly and you cannot predict how the price will be. So, see the bulletin board that affects EUR/USD before you intend to trade.
+ Example: Or on March 22, EUR/USD price is affected by bad news. The price fell fast and strong. You cannot guess whether the price will fall further or not. Therefore, do not open the transaction.
Third: Trading skills at the Olymp Trade. You need to open the trade as soon as the candlestick outside the Bollinger Bands closes. Please review my transactions. You will see me open my transaction at 00 second (the first second when the market starts a new candlestick). Practice this skill.
Fourth: Don’t be greedy. Absolutely not. If you want to earn $15 per day, you only need to win 3 trades. That’s enough, end and withdraw money.
Step 4: withdraw money from Olymp Trade to Visa/Mastercard accounts
Either you only withdraw interest, or you withdraw the capital + interest right in the day. Very simply, you just need to click on the withdrawal button.
Select Visa/Mastercard account. Then, enter the amount you want to withdraw here and submit your request.
With the first withdrawal, Olymp Trade would review your account. But after that, the money will go to your Visa/Mastercard within 10 minutes.
My experience of trading at Olymp Trade after more than 1 year
If you are new, don’t deposit too much money into your Olymp Trade account. You have no control over your emotions yet. Therefore, just deposit $15 and use the bonus for the first time only. If you haven’t Olymp Trade account, sign up right below to try this way of trade with your Olymp Trade DEMO account.
The expiration time for your transaction should be 5 minutes or more. Never trade 1 minute. The faster you trade, the more money you’ll lose.
Please read again the note in how to trade with OUT BAND candlestick. And when you start, take steps:
- See news of EUR/USD
- Choose candlesticks chart and Bollinger Bands indicator
- Time for candlesticks chart and trading time is 5 minutes
- Open orders when candlestick outside Bollinger Bands only at the second 00 (when the price starts the next candlestick).
Leave a comment below if you don’t understand how to trade with this way.