Best Expirations time in fixed time trading for beginners on Olymp Trade Platform

Options trading is one of the most advance and profitable trading and most successful traders prefer options trading compared to futures trading because of better risk management and profitability.

Options trading or trading system similar to options trading is a dream for forex traders or traders who do spot trading but from last few years, Fixed time trading is available for ordinary traders and this is a dream come true for lot of traders as they now can trade fixed time trading which is very much like options trading with small funds too.

Experience traders prefer options trading in futures trading exchanges and now some forex traders experience fixed-time trading because of better risk management options. Olymp trade is one of the pioneers to introducing fixed time trading platform for ordinary traders and a lot of traders enjoy fixed time trading on Olymp trade platform.

Fixed time trading is better than forex trading if you have trading knowledge and skills and especially for beginners or traders who have limited funds but again it's important that you have good trading skills to make a profit otherwise you will make mistakes and lose.


In Fixed time trading, you can choose the expiry time from 1 minute to 23 hours. Most new traders choose small expirations time when they start fixed time trading. Normally they choose 1 to 5 minute expiry time which in my opinion is not good for new traders. A small expiration time is more suitable for experienced traders with good trading skills because they know when to trade in the market with a small expiry time. New traders mostly lose in small expiration because of a lack of trading skills and after losing money they blame the broker for their losses. This is why I advise a higher expiration time for someone who is new to trading.

When you do higher time expiration trading it gives you a couple of options that you can't do in 1 or 5-minute expiration fixed time trading.

Higher expiration trading gives you the option to close the trade before the expiry of your trade when you see the market is running against your trade forecast. This way you can close your trade with a small loss instead of losing the whole trading amount in 1 minute or 5-minute trading.


You can just close your trade in loss before expiry but you can also close a trade in profit before trade expiration. You can use this feature when you see your trade running in profit but because of a sudden new event or any other market sentiment, you think that this trade will close in loss in your due expiration time.


This is why 1 hour or more trade expiration time is more suitable for new traders who recently start fixed time trading because this gives you the opportunity to close your trade either in loss or profit before expiry when you see the market can move against your trade entry.

Olymp trade offers a free demo account for beginners and you can practice in the demo account first and learn or create a trading strategy in a demo account like what is the best trade expiration time for your trading strategy.

Short trading expiration is best when any major news or economic event happen. Like some experienced traders trade fixed time trading with 1 or 5 minute expiration time when news event like NFP (Non-Farm Payroll) occurs because when NFP data is released, the market becomes very volatile and moves both up and down. With small expirations you can take benefit of this volatility and make a handsome profit.

I will strongly advise all new traders to first practice in the demo account and learn some trading strategies which you can use in your live account. Only then. Move on to invest your money in a real account and rely on your personal skills to make the most of it.

 

Comments

  1. Good Article!! This method is very effective and useful in the FTT

    ReplyDelete
  2. Wow really good content for beginners in Olymp Trade. This is a very common question and your article was very helpful!

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  3. Olymp Trade is too easy , it's good for traders who love easiness. But if you're are looking for difficulty, this platform may not likely. Thank you for sharing information. It's a good investment place.

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  4. really helpful knowledge for my Olymp Trade trading

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