Day trading is inherently speculative and carries a significant risk factor. Successful day traders must adeptly manage these risks. Numerous day trading strategies are at your disposal, catering to different trading styles and risk tolerance levels.
Forex markets with Olymp Trade or you’re looking to start, there are many things to consider and understand in order to find more success in your trades.
Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that US regulators would approve the launch of an exchange-traded fund (ETF) based on its futures contracts.
From there you can go to the Assets section and find short-term price forecasts and trend analysis on all the assets you can trade with Olymp Trade. Pretty neat, huh?
Breakouts are a common occurrence in price charts. They are often preceded by a period of consolidation and followed by level retesting. A possibility of a false breakout is a constant risk that accompanies them.
Profiting on Olymp Trade or another online trading platform is not only about finding the right strategy. It has much to do with psychology and self-discipline.