Review the Axel trading strategy on a Real account in Olymp Trade

Review the Axel trading strategy on a Real account in Olymp Trade

What should we do to evaluate whether a new trading strategy is effective? Of course, we have to apply it to real-time battle after having successfully tested it on a Demo account. Only on this blog, there are reviews of strategies shared with you using a Real account. Today, in this article, we will review the Axel trading strategy. This is considered by Olymp Trade to be one of the safe profit-making methods for traders.

The transaction time of the Axel trading strategy is only effective within 1 minute

One of the most popular order expiration periods in Fixed Time Trade is 60 seconds. Within only 60 seconds, you will receive the transaction results. Usually, for this expiration time, you will analyze with a one-minute candlestick chart.

Currently, most trading platforms offer traders a 60-second option. Therefore, you can experience a 1-minute transaction on any trading platform. The main feature of it is the super fast speed. You just need to place an order, drink a cup of water, and immediately know whether you win or lose.

However, is it any good for a trader at such tremendous speed? Or are they harmful? We will list them in detail so that you have a clearer view of them.

Quick capital turnover

Quick capital turnover

The 1-minute speed helps to shorten your trading process to the minimum compared to other types of expiration time. If you are an experienced trader (especially for the 1-minute expiration time), you can speed up the profit-making process many times in a short period of time. This is a huge time advantage for veteran investors.

Many entry opportunities

Compared to the M5 time frame, the M1 creates 5 more times of candlesticks, 30 times compared to M30, and 60 times compared to MH1, etc. The candlestick chart on M1 is always drawn, continuously, and quickly.

Therefore, the number of orders that can be opened with the M1 time frame is very much compared to other time frames. If you set up with additional safety signals, you will surely have no less than 5 opportunities to open orders within a day.

Improve reflexes and quick analysis

Improve reflexes and quick analysis

This type of trading is different from others. Instead of having to sit still and pondering about the market, about many related factors carefully before making a decision to enter an order, with Fixed Time Trade, this analysis usually takes place in just a few minutes.

That means you only have enough time to look back and forth a few times to grasp information. Such meager analysis time will require you to have quick reflex skills. Where everything is going as fast as a roller coaster, you are forced to quickly evaluate, react flexibly, and click to open an order sometimes within seconds.

The more you trade on the M1 time frame, the better your reflexes will be. When you have reached a certain level, just a glance is enough to tell you whether the market is going up or down, whether the candlestick pattern is okay or not.

Things to keep in mind when trading with the Axel trading strategy at the 1-minute time frame

Besides the many good sides, you need to minimize the bad ones. Avoid getting caught up in a whirlwind of emotions that leads to loss. Here are the downsides to which you need to take precautions when trading on short time frames.

The 1-minute time frame is extremely noisy and chaotic

Chaos on the short time frames

To be honest, the 1-minute time frame is not for the beginners of this market. Because, at such an extremely low time frame, the price will fluctuate extremely abnormally. That chaos sometimes affects your analysis significantly. Therefore, to win in the 1-minute frame, you have to know when to enter and when to stay out and observe.

The pressure from 1-minute trading strategies is enormous

Trading psychology is less concerned, but it is a key factor in the success or failure of an investor. Other forms of trading or other long time frames will give you more time to decide and to be calmer in the face of any event.

However, with a 1-minute expiration time, the story is completely different. The market will not let you relax. It keeps you under stress all the time. Therefore, if you are a person with strong emotions or cannot afford to keep your mind stable, 1-minute trading is not the right thing for you.

Psychological pressure weighs heavily on 1-minute trading
Psychological pressure weighs heavily on 1-minute trading

If you have looked at the pros and cons when trading with a 1-minute time frame, you must have partly assessed the risks that you will face. Next, we will go into the optimal capital management for short transactions.

Capital management

The 1-minute time frame is an emotional game. To win, you must have steel discipline. Therefore, any adjustment in the trading volume may distract you. There is also no time for you to fiddle with adjustments as the speed is too fast.

So, balanced capital management is the best way to invest that I can think of. You do not need to bother much with adjustment. Just wait for good entry points to predict “UP” or “DOWN” only.

Classic capital management
Classic capital management

Just an accuracy rate of over 60% will make you profitable with this risk management method.

Review good entry points with the Axel trading strategy in Olymp Trade

Currency pairs: EUR/USD

The Axel trading strategy.

April 20, 2021

Good entry points in Olymp Trade on April 20, 2021
Good entry points in Olymp Trade on April 20, 2021

1st order: Opened an UP order when the yellow signal line crossed the 100 line from below.

2nd order: Opened another UP order when the yellow line crossed the 100 line from below.

Good entry points in Olymp Trade on April 20, 2021

3rd order: Placed an UP order when the yellow signal line appeared to cross the 100 line from below.

4th order: Opened a DOWN order when the yellow signal line crosses the 100 line from above.

5Th order: Opened an UP order with a clear signal when the yellow signal line crossed the 100 line from below.

April 21, 2021

Good entry points in Olymp Trade on April 21, 2021
Good entry points in Olymp Trade on April 21, 2021

1st order: Opened a DOWN order when the yellow signal line crosses the 100 line from above.

2nd order: The yellow line crossed the 100 line from below => opened an UP order but lost.

3rd order: The yellow line crossed the 100 line from above => open a DOWN order.

4th order: Placed an UP order when the yellow signal line crossed the 100 line from below.

5th order: Opened an UP order when the yellow signal line crossed the 100 line from below.

In conclusion

What have you realized from the review of the Axel trading strategy in Olymp Trade? There were 10 trading orders within 2 days, 8 of them were profitable and 2 were losing orders. Altogether, the win rate is up to 80%, a surprising number. With balanced capital management and discipline, I made a profit of $228.

As the efficiency is so high, why do you miss out on the opportunity to make stable profits? Also, don’t forget that you need to do statistics again during your trading on a Demo account. Don’t miss the test, it’s more important than you think. I wish you to choose a suitable trading strategy for yourself.

Review the Axel trading strategy on a Real account in Olymp Trade
4.0 (80%) 42 reviews

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