Why is the ITM strategy the best strategy to make money at Olymp Trade?
Because it is a simple strategy to Olymp Trade, easy to apply, with a good percentage of wins, ideal to make money at Olymp Trade.
ITM works for 2 minutes which is ideal for those who like the Fixed Time Trades turbo mode.
ITM comes from In The Money, an expression used in trading. And this is what you want, to be in profit with this strategy, to make money at Olymp Trade!
I initially developed this strategy for the IQ Option.
With the improvement of the Platform of Olymp Trade, it was possible to apply the strategy on Olymp Trade trading platform.
While there are no foolproof strategies, this one is good to make money at Olymp Trade, especially if you do not have much experience, or if you do not have any trading courses … or if you just could not make money at Olymp Trade with your current strategies.
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What are the reasons for ITM to be the best way to make money at Olymp Trade?
1 – It is a simple strategy to understand and apply:
Many strategies are very complicated because they require immense indicators, some of them sometimes do not exist on the platform we are using.
Sometimes, in addition to the indicators, there are lots of rules that make confusion.
This is even more complicated when we have little experience, causing mistakes that take away our profits at Olymp Trade in a very short time.
This strategy has only a few indicators and its simple to understand.
The rules for entering an operation are few and easy to apply.
Often, the simple way is the best way and in this case, the strategy allows you to make money at Olymp Trade in a simple and practical way.
2 – It is a strategy that works on Olymp Trade Platform:
There are strategies that use certain indicators that can not be used on the Olymp Trade platform.
All the indicators used in this strategy exist on the platform of OlympTrade so you can use the strategy in full.
3 – You can use the ITM strategy in the Olymp Trade App:
This strategy can be applied to the Olymp Trade Application (iOS or Android). You only have to configure it in the application.
But be careful! As I teach in the courses, if we operate in places with noise and confusion we will not have the concentration to make money at Olymp Trade.
4 – You can use ITM with any Asset:
You can use the strategy to trade in assets and even non-currency assets.
Make Money at Olymp Trade | How the ITM Strategy Works:
– The strategy uses 3 indicators: Bollinger, Stochastic and Awesome Oscillator Bands.
The indicators are configured in an unusual way, this is because they are indicators that are usually used in Forex strategies types or for Fixed Time Trades with longer expiration times.
On the other hand, its a strategy for 2 minutes, so we were configured for this type of strategy.
– The expiration time is 2 minutes.
I am not a big fan of operations for 1 minute, there is little time to think, to act and the luck factor influences a lot.
Operate in 2 minutes, allows quick decision and put multiple entries and allows double the time, which leaves us more relaxed and more time, thus reducing the luck/chance factor.
– The best time to negotiate with the Strategy is at the end of the day and at night.
Starting at 6:00 p.m. (London time or GMT 0) is when the strategy works better. You can use it at dawn until the opening of the European market (9:00 a.m. London time or GMT 0), and even in the early hours of the morning if the market is calm. We must avoid the time from 12:30 am to 17:59 p.m. (London time).
– When the operation is lost I can enter up to 2 times in Martingale.
Although I am not in favor of using Martingale to make operations riskier, certain strategies work well.
In this strategy, I use 2 times and with good results, because it is very normal to win in Martingale, without having to risk big losses.
Tips from our Professional Trader: 6 reasons to have 2 accounts
Do you know that you should work with more than 1 broker?
Check the 6 reasons why you should have account with at least 2 brokers:
- Each platform has its differences. If you try different platforms you may find those more suitable to your trading style.
- Each broker has his own payouts that keep changing during the day. If you want to open a trade and one offers 60% and the other 80%, you will choose the one with best payout, no?
- Sometimes the brokers close some assets, if you have just one account and you want to trade on that asset and it is closed, you will LOSE that trade, no?
- If there is an issue with your Broker’s platform, or they are updating it you’re not able to trade, unless you have another account with other broker.
- Deposits and withdraws. Brokers keep changing the deposit and withdraw methods, imagine you need cash fast and your withdraw system is closed at that moment on your broker, what do you do?
- Each platform has its owns indicators and trading tools, imagine you found a new stratey and it does not work on your broker because it uses an indicator that your broker does not offer.
Below you can find our main trader suggestions on brokers:
Make Money At Olymp Trade | How to receive the ITM strategy:
The strategy is sent by email with all the explanations of operation and the images that teach to configure each of the indicators.
The strategy: Make Money At Olymp Trade is free but is EXCLUSIVE to our referrals.
Opening an account and depositing at Olymp Trade using our referral link entitles you to Free Fixed Time Trades Online Training + 1 Month Free Signals.
Contact our team to confirm your registration at Olymp Trade. DO NOT DEPOSIT before confirming.
To become a referral is simple, contact us by Chat, leave a comment in the comments section below or use another of our contact methods.
Do You already HAVE AN ACCOUNT? Contact us!
Make Money at Olymp Trade | Precautions to have:
1 – Do not operate close to leaving important news.
Why? Because this news can cause shocks and volatility in the markets. Eventually leading to losing operations.
At this point, we can instead use a strategy to operate on the news. Trend Following Strategy
If you do not have a strategy for news you should pause the negotiations during important news events.
Because … not make money at Olymp Trade, it’s better than … losing at Olymp Trade.
2 – At the end of the day, OlympTrade has a moment that lowers the percentage of profits.
It is not worth to operate with payouts less than 65% payout, because the risk in regard to the gains you can earn at Olymp Trade does not pay off.
Wait a bit until OlympTrade increases payouts.
3 – Small Candles. When the market is almost at a standstill and the candles have no dimension at all, it is not worth operating.
It is best to wait sometime or look for an asset with some volatility or movement.
4 – Support and Resistance.
Look for levels of supports and resistances that might help make the decision to come in or wait a little longer.
5 – Round Figures.
You should know that there are no perfect strategies that will always work, at any day or time.
It is a lie that there are strategies that do 90% or more.
Therefore, a good part of the positive results is directly related to discipline, patience, experience, emotional control, and trading rules.
Make money at Olymp Trade or any other trading platform always depends on a set of situations and not just the strategy.
More important than anything … always take a course. Why not one of our courses? We have training for OlympTrade.
Here’s how to we summarize how to make money at Olymp Trade with this strategy:
- A simple strategy to use.
- Only 3 indicators to configure.
- Two minutes expiration time.
- It works well when the market has no important trend.
- It offers around 80% winning rate.
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