Olymp Trade’s Expert Review on Global Financial Crisis
Blog

Olymp Trade’s Expert Review on Global Financial Crisis

Is it possible to say that the crisis began suddenly? No. The recession was in the air as soon as the economy had been growing rapidly for a long time without lengthy regression. The coming crisis was now and again associated with the Federal Reserve’s rate increase or a trade war between China and the United States. But the risk factors were diminishing. In 2018, Donald Trump managed to force the Fed to change its plans and abandon the idea of tightening monetary policy. The trade disputes between Beijing and Washington suddenly ended peacefully. The new threat came out of the blue. And if we do not take into account the COVID-19 conspiracy theory about the artificial origin of the coronavirus and its planned outbreak, the epidemic exposed the barely healed wounds of the global financial system. No one knows what is going to happen next. There are a lot of scenarios how the situation might develop. During this difficult period, our task is to get the right information and base our investment decisions on facts and reasoned opinions. If you want to understand what had happened to the economy and why everyone suddenly started talking about the financial crisis, this article will come in handy. We have provided a brief chronology of what is going on and collected the relevant data that will help you make the right choice.
How to Maintain Your Trading Motivation to Be a Forex Trader with Olymp Trade
Blog

How to Maintain Your Trading Motivation to Be a Forex Trader with Olymp Trade

Our support service received a message: “Hello. Please delete my account. I can no longer cope with the stress. I do not want to make money by trading!” A representative of the company contacted the person, and it turned out that he was, in fact, a perfect trader. Only the last two weeks turned out to be unprofitable, and up to this point the yield of the account had grown exponentially for 3.5 months. Why did he feel the desire to quit the job that brings a stable profit? Here is the story of our client, which we publish with his permission.
Best Times of Day to Trade Forex Market with Olymp Trade
Blog

Best Times of Day to Trade Forex Market with Olymp Trade

The decentralized Forex market is open 24 hours a day, 5 days a week. Quotes of the currency pairs are constantly jumping because some traders are buying dollars, while others are trying to get rid of the Japanese yen in a panic. This is what day traders and gladiators have in common: their job is to enter the market every day to earn money. In spite of the risks, there is always hope for success. However, not every trader knows that Forex assets have their time-bound peculiarities. We are going to tell you more about them.