The Forex Guy

  A comparison between Olymp Trade Desktop App and Mobile App Olymp Trade is a trading platform that was founded in 2014. The company is owned by Smartex International Ltd. and is headquartered in St. Vincent and the Grenadines. The platform allows users to trade a variety of assets including Forex, commodities, stocks, and indices. It also offers a demo account with $10,000 virtual money so that users can practice trading before investing real money. The platform is available in more than 15 languages. There are two versions of the Olymp Trade platform – the desktop app and the mobile app. Both platforms are user-friendly and offer a variety of features and tools to help traders be successful. So, which one is the best? The answer really depends on your needs and preferences as a trader. If you want to be able to trade on the go, then the mobile app might be the best choice for you. However, if you want more features and tools, then the desktop app might be a better option. Ult...

  How does a good night's sleep affect trading abilities It is commonly said that a good night's sleep is important for overall health and well-being. But did you know that it can also impact your ability to trade successfully? In this article, we'll explore how sleep affects traders and what you can do to get the best night's sleep possible. The benefits of a good night's sleep It's no secret that a good night's sleep is essential for overall health and well-being. But did you know that it can also have a significant impact on your ability to trade effectively? There are several ways in which sleep deprivation can negatively affect your trading. First, it can lead to impulsive decisions and emotional reactions to market movements, rather than calm and rational analysis. Second, it can make you more likely to take unnecessary risks in an attempt to recoup losses. And finally, it can simply make it more difficult to focus on the task at hand and make soun...

  Olymp Trade and the need of RBI/ SEBI Authorization to Operate in India Olymp Trade is an international online trading platform that has been in operation since 2014. The company is headquartered in St. Vincent and the Grenadines and is regulated by the Financial Commission (FinaCom). Olymp Trade offers a wide range of assets for trading, including currency pairs, stocks, indices, and commodities. Recently, the company has been gaining popularity in India, despite not being regulated by the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI). In this article, we'll take a look at why Olymp Trade doesn't need RBI or SEBI authorization to operate in India. RBI and SEBI Authorization Although Olymp Trade is not currently regulated by the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI), it does not mean that the broker is not authorized to operate in India. RBI regulation is only required for brokers that deal in cu...

  What is Martingale Strategy? Martingale strategy is a trading strategy that uses a positive feedback loop. The basic idea behind the strategy is that you should continue trading even if your initial trade results in a loss, in order to make up for previous losses. In this article, we will walk you through the steps needed to set up and use a martingale strategy in your Olymp Trade account. What is Martingale Strategy? In a nutshell, a Martingale strategy is a trading strategy that uses a repeated loss or gain of money to maintain an intended profit. The basic idea behind the strategy is that if you make too many losses in a row, you can use those losses to "bring yourself back" into the profitable column by betting more money than you originally invested. Conversely, if you make too many gains in a row, you can use those gains to "pull yourself out" of the losing column by selling off your assets for less than they're worth. There are several ways to...