Trade stocks with Olymp Trade and make money
| ByHanna Andersson
How to trade stocks?
Trading is a way to make money out of the stocks of the worldís top companies. There are two approaches to it, and to choose between them one needs to answer two questions. First: what sum are you ready to invest into trading without damaging your current lifestyle? Because trading with your last money will lead you to a huge stress and more mistakes, as a result. And the second question: how fast you want this amount to grow?
Letís look at an example. Say, you opened a $100 trade at 23:07 on December,
19 2017. The price was $330 per share. You think that in thirteen minutes the
price will go up. If you are correct and the share price exceeds $330 in
thirteen minutes, when the trade closes, you will get $80 (80% of the trade
value). This is what actually happened in our scenario, the shares went up to
$332 a piece. By the way, this a real-life example of trading Tesla Motors
How to start trading - step by step
Ultimately, the guide for a beginner trader comes down to three simple steps:
One: Decide on the amount of investment you are ready to begin with.
Two: Choose a reliable and trustworthy investment platform.
Three. Take a free training course before you start trading with real money. Make sure that your strategy is profitable.
Why we recommend Olymp Trade ?
If you are new to trading, we recommend you start your journey with Olymp Trade. Looking at steps two and three in the previous section, we shall highlight the advantages of this platform:
The company has been around since 2014 and already has quite a few prestigious industry awards - by Le Fonti, KROUFR, Show FX World prize and others. This demonstrates worldwide recognition of the quality of Olymp Trade services.
You can start trading with only $10 and the minimum trade value is $1. This probably wonít be enough to get good profit but itís just right for the beginner to learn and practice.
If you donít feel like you are ready to start trading with real money, you can get a free demo account. There you will be able to test the platform features without the fear of losing anything.
Olymp Trade is regulated by the International Financial Commission. It means that your money is insured and in the case of any disputes, the regulator will pay the compensation of $20 000.
The multilingual support team reply really quickly and to the point, whenever you need help.
The company processes your withdrawal requests within 24 hours after the order. You wonít have to wait for the money youíve made. You can deposit and withdraw your earnings using the most popular payment systems, like Visa, Mastercard, Neteller, etc.
Olymp Trade provides access to a great number of educational materials. Starting from the basic trading courses, to more advanced tools. For example, the second screen will allow you to learn trading analysis step-by-step directly on the platform.
Apart from stocks, you will be able to trade any other asset you like (metals, currency pairs, indices), and even cryptocurrencies - so very popular and much talked-of nowadays.
Weíve listed only eight advantages here, but there are more. The important thing is that this platform will suit the needs of both newbies and more experienced traders. You can check it yourself and talk to the traders on the official FaceBook page to learn about their experience.
Check out the Olymp Trade website for useful materials and info and get started with trading!