Review the Diving trading strategy in Olymp Trade that earns huge profits

Review the Diving trading strategy in Olymp Trade that earns huge profits
Review the Diving trading strategy in Olymp Trade that earns huge profits

If you are looking for the “holy grail” of trading with a 100% win rate, then I would say that is absurd in the financial markets, which are considered games of probability. Also, don’t be sad when there are no absolutes in investing. However, I’ll show you an asymptotically perfect strategy that is Diving. Now let’s go into the trading process.

Notes: here we used the Snowball capital management method (compound interest) to make the account grow rapidly. Therefore, patience and discipline must come first. Only open orders when all the required conditions have been satisfied.

Haste – the enemy of the Diving trading strategy

A good transaction may not come all at once. Making a transaction depends on factors such as trading strategies, trading style, market situation, and many other factors.

Concentration and the ability to wait for opportunities are good qualities of a successful trader. That is why haste is one of the most dangerous enemies of an investor.

Haste is the enemy of the Diving trading strategy
Haste is the enemy of the Diving trading strategy

Quality over quantity

To have good trades, you need to know how to select the best opportunities. There will be a lot of signals in short candlestick time frames. You cannot trade all of them because then the odds of winning are only 50-50. Over time, the fees will erode your account.

So, to make a profit, you need to limit the number of orders to improve quality. Change your original wrong habits to eliminate investment losses. You can choose either to change or to abandon trading.

It’s better to be a sniper who picks up every penny of the profits with certainty instead of a Rambo spreading bullets (money) like water in an ineffective way.

Quality over quantity

Trading traps

Here are the three most common types of traps that you should avoid:

  • A trader plans to execute a trade at a certain price, but fearing not getting the right conditions in the future, he closes the trade at a price that is clearly unprofitable for him.
  • The indicator that the trading strategy bases on has not had the right signal yet. However, the investor still decides to open an order when everything is unconfirmed.
  • The strong price movement (after the news is announced) creates the beginning of a trend. Traders worry that they might miss the opportunity to make money from that trend. They quickly open an order but the market goes against that prediction.
Traps in trading

All of this leads to impatience that fails inexperienced traders. Traps are always lurking around us and some people never escape them. However, that doesn’t mean you’ll be among them. A cool head will help you overcome the obstacles that the market poses.

No misses and no losses

Traders always face two important tasks of not losing money and making a profit.  Successful traders say that the first stage in gaining trading proficiency is the ability to trade consistently. Don’t be afraid to pass up the opportunity to get rich because we can trade for the rest of our lives.

Overall, success in trading depends on the ability to wait and be disciplined. In my opinion, those are the things you need to learn the fastest during trading. It’s an effective way to stimulate your account growth.

Review the Diving trading strategy in Olymp Trade

Diving trading strategy

Snowball capital management method (compound interest)

Trade with the EUR/USD currency pair

Trade with an expiration time of 3 minutes.

Review orders opened with the Diving trading strategy in Olymp Trade
Review orders opened with the Diving trading strategy in Olymp Trade

1st order: On May 11, at the EUR/USD currency pair, the price cut the SMA20 indicator from above + the ROC (7.9) and ROC (14.9) indicators headed down from above 0 => Opened a DOWN order with an expiration time of 3 minutes for $50.

Review orders opened with the Diving trading strategy in Olymp Trade
Review orders opened with the Diving trading strategy in Olymp Trade

2nd order: Also on May 11, the price continued to cut the SMA20 from above in the European session. At the same time, the ROC (7.9) and ROC (14.9) indicators were heading down from above 0. It was eligible to place an order with the capital + profit = $91.

Review orders opened with the Diving trading strategy in Olymp Trade
Review orders opened with the Diving trading strategy in Olymp Trade

3rd order: On May 12, at the EUR/USD currency pair, the price crossed the SMA20 from below. At the same time, the ROC (7.9) and ROC (14.9) indicators were heading up from below 0. Opened an UP order safely with the profit + capital from the 2nd order of $165.62.

Review orders opened with the Diving trading strategy in Olymp Trade
Review orders opened with the Diving trading strategy in Olymp Trade

4th order: At the end of the Asian session of May 12 with the EUR/USD currency pair, the price crossed the SMA20 from below. Besides, the ROC (7.9) and ROC (14.9) indicators were heading up from below 0. Opened an order with the capital + profit of the 3 previous winning orders that were $281.55.

To conclude

Have you seen the power of “compound interest” yet? This is what is called the 8th wonder. However, don’t be too happy to put it into the application right after reading this article.

To do that, you need to have patience and steel discipline. From there, you can choose for yourself the entry points with the highest probability of winning. If you are an emotional person who is afraid of missing out on opportunities, this is the fastest way to burn money.

The story of the risk of impatience will be more realistic when you test it on a Demo account with the Diving trading strategy. By that time, you will make more rational decisions after receiving the test results.

Review the Diving trading strategy in Olymp Trade that earns huge profits
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