Discuss OlympTrade.com

[Talar]

Didn't get a word of it
In any case I'd like to specify right away, does anyone make money at Olymp for real or is it more of a gamble for you?
I'm not interested in some wise conversations about fancy indicators and risk management. I just want to trade and be able to withdraw the profits.

 

[7Bulletin]

Good approach. The fact is that Olymp suits for tading-as-a business, but at the same time the leverage they offer and the whole idea of fixed time trading that they also use - that's a risky combination. So the broker suits agressive traders who know what they risk and what kind of a reward they expect. I can't boast I've had every single week profitable here, but I've been with Olymp long enough to understand they are honest players. Yeah, they make money when smb is loosing their deposits, but its all up to you, whether you gamble here or trade and make money. If you manage to make money, you can be sure you will be able to wirthdraw.

 

[Talar]

The answer sounds good, but a bit vague...like if you are unsure and don't have a personal experience. I'll ask once again. Did you manage to withdraw anything from Olymp?

 

[7Bulletin]

That's the last week's profit I withdrew from Olymp account. I really don't like the idea of sharing financial statements, but I also don't like to be accused of saying lies or smth.

 

[7Bulletin]

That's the last week's profit I withdrew from Olymp account. I really don't like the idea of sharing financial statements, but I also don't like to be accused of saying lies or smth.

 

[Talar]

I really didn't mean to accuse anyone of anything. I simply wanted a clear "yes or no" answer. I didn't even hope to get some proofs, but it was very kind of you to provide some. Thanks, I really appreciate!

 

[Gromvelt]

Thanks for sharing all the info here guys. For a long while I was torturing myslef with doubts about whether I should try trading myself or not. I demo-traded with olymp for several month but some statements and advice here helped me making my mind up. So here it is, my newly funded live account.
Can't claim it is as easy as demo-trading, but I'm glad I've dared. We'll see how it goes.

 

[7Bulletin]

Good for you. It's better to regret you've dared to do something rather than keep regrettign you didn't dare the rest of your life.
good luck and trade smart!

 

[Gromvelt]

Thanks, I surely will, if I find out what 'smart' means speaking of trading LOL
I'm testing how several strategies that I've found on youtube work, but I can't boast of having a very consistent result so far.

 

[Purekiller]

Well, as long as you mention 'strategies' here, that sounds good enough to start with. At least you are not trying to make some non-educated guesses.