For Beginners: How to Make Profits from Trading | Complete Olymp Trade Guide

[00:02] today I'm here to teach you how to actually profit from trading. Not only that, but I'm here to take you from the very from trading. Not only that, but I'm here to take you from the very first stage, from sitting down at the chart until you start applying and implementing the steps to achieve the four goals. I've divided the video into three parts. The first part is the

[00:17] preparation stage, which is your first step to prepare yourself to start your trading session, from which you can achieve the four goals. I'll also explain how to use the platform and how to actually enter trades. Oh, and I almost forgot to introduce myself! I'm Adel, a professional trader and expert in the

[00:34] markets. The second part is where we'll use a set of indicators to help us identify the best entry points. The third stage is the most important one, where we'll apply

[00:47] everything we've learned and then enter trades. Before we get into the first stage of today's video, I wanted to remind you that every video uploaded to the channel has a video uploaded to the channel has a $30 prize giveaway, and it continues until the end. This

[01:01] year, you have a chance to win $30! Like the video and subscribe to the channel if you haven't already. Follow us on Instagram, TikTok, and Telegram to enter the competition. Don't forget to like the video, as we'll choose the winner from the comments.

[01:16] Now, let's go to the computer to explain the first stage. We'll be using the Olymp Trade platform for today's explanation. I'll leave the registration link for the Olymp Trade platform in the description below the video. Register using this link to join our VIP recommendations group for

[01:31] join our VIP recommendations group for free. This is what the Olymp Trade platform looks like. They've made many updates to the platform, and one of the most important updates is that you can open more important updates is that you can open more than one currency pair or stock to trade. It will appear at the

[01:44] top, as you can see on the screen now. The first stage in today's video is the stage in today's video is the preparation stage, which involves three steps. The first step is to determine the price of the trade,

[01:56] the time of the trade, and the number of trades we will enter. In the first session, the first thing we do, will enter. In the first session, the first thing we do, guys, is determine the price of the trade. How do we determine the price? It's based on my capital, which ranges from $1 to $100.

[02:11] You enter with just $1; you don't enter in bulk, or rather, you enter with the lowest price you have for the trade so you can protect your capital and avoid putting yourself under pressure. We'll discuss this in the next stage. The second thing is

[02:26] determining the time of the trade. For example, if I'm currently on the 1-minute timeframe, I ca n't use the 1-minute timeframe here. I'll have to use Japanese candlesticks because, guys, this is an area chart, and we don't work with area charts. So, here, at this icon, we select

[02:43] Japanese candlesticks. As soon as you click on it, the Japanese candlesticks will appear easily. I'm currently on the 1-minute timeframe, and our work and strategy today will be based on this timeframe. Wait a minute, and I want you to focus very carefully so you can benefit from everything we're

[02:59] going to say and actually make profits. I forgot to mention that the winner of the last video will be featured on Instagram. Don't forget to follow us on Instagram and see if you could be the winner if you participate in the competition from the last video. I'm currently on a

[03:13] one-minute timeframe, so instead of one trade, I'm trading for one minute. Now, if I'm analyzing on a five-minute timeframe, instead of one trade, I'm trading for five minutes. Notice that you're entering for the duration of one candle. Our analysis is for the duration of one candle, and this is slightly different from Forex. Of course, since we're

[03:30] explaining options, this is the big difference. Let's clarify the third point: the number of trades. We enter three trades daily, but if I lose two of them, I don't enter any more

[03:42] but if I lose two of them, I don't enter any more trades. If I win all three trades, I close my account and don't trade or enter anything again. I start using a demo account and begin I practice the strategy extensively to maximize my profit margin. This allows

[03:57] me to identify the trades I'll enter and pinpoint the guaranteed trades I can enter, so that when I enter three trades, I can generate three profitable ones. The second stage, and this is the most important thing you need to understand, is mental peace. Keep your mind free from

[04:13] mental peace. Keep your mind free from any psychological pressures. If you're under psychological pressure, you're putting yourself and your capital at risk. As we've mentioned before, and if you're following my Dow Theory course, you know we're here for your portfolio. The more your

[04:28] mind is distracted or you're facing a problem that prevents you from thinking logically, the more likely you are to thinking logically, the more likely you are to make wrong decisions. Regarding

[04:41] analyze the market and know everything. You only need to know if the stock or currency pair you're trading is in an uptrend or downtrend, and the exact point at which you 'll enter a trade. Where is it in the market? Let me tell you how on the chart. When

[04:57] I identify this area, I do so on the five- minute timeframe, even if I'm working on the one- minute timeframe. So, what's happening here, guys? I see right now that I'm in an uptrend, in an upward trend. Let's focus on this point further, the area

[05:12] we'll be working on. What's in this area? Here, a downtrend has appeared, breaking the area. As you can see, a head and shoulders pattern has appeared. Let's enlarge the condition a bit and

[05:25] start explaining it because these patterns are very important, guys. The head and shoulders pattern appeared here. guys. The head and shoulders pattern appeared here. After the link line was broken, it After the link line was broken, it retested and then continued downwards. It's

[05:39] retesting for the second time and continuing downwards. But here, I want to emphasize a very simple point: the best pattern to work with, as we say, is the continuation pattern, not the

[05:51] reversal pattern. Why, guys? The continuation pattern. If I'm currently... In an uptrend, continuation pattern. If I'm currently... In an uptrend, I saw a continuation pattern. For example, the weighted line isn't visible here. Of course, I explained this before, but the

[06:05] head and shoulders pattern we have here is a reversal pattern. So, it's best not to work with it and instead work with the continuation pattern. For example, where are we now, guys? In an uptrend, a downtrend is starting to form. If this shape forms, it's a

[06:21] double top pattern. The shape you see in front of you has formed a double top or a rising head and shoulders pattern. Therefore, I enter with confidence because this is considered a continuation pattern that

[06:33] confirms the price will continue in its current direction. So, at the moment, we can say that the bears are dominating the market, so we will work with the bears because a continuation pattern has appeared that confirms the bears' continued presence in the market. Therefore, I will buy, not sell. The

[06:50] reversal pattern, like the head and shoulders pattern that appeared in front of us, tells us that the bears' strength is starting to decrease, and there is a possibility of entering a position. Strong for sellers, so you'll enter possibility of entering a position. Strong for sellers, so you'll enter with them. Yes, it's a guaranteed pattern and you can

[07:05] make profits from it, but I prefer entering with continuation because continuation gives you the same confirmation that sellers or buyers are still in control of the market, and you're still going

[07:17] with them. This has a higher success rate. Now let's focus on the point here regarding this condition. What's happening here, guys? As you can see, let me explain. Here, it's starting to give me a downtrend, as you can see. Here, what's happening? The price is

[07:32] moving in the same area, but here there's another uptrend, going upwards. So what does this mean, guys? It means that an ascending triangle pattern might appear, and this is also considered a continuation triangle pattern. So

[07:45] after it's broken, we'll start working. But right now, we won't work on this explanation. I'm trying to make sure you understand all the basics so that when you start trading, you understand the market and how the condition works. The second stage is in our video. Today we'll discuss

[08:02] second stage is in our video. Today we'll discuss indicators that will help us identify the best entry points for trades. Let's go ahead and look at these indicators and see how to use them. First, we'll go to the Indicators. It will appear as you see here.

[08:17] First, we'll select Oscillators. It will appear like this. We'll select the like this. We'll select the RSI indicator. We'll click on it. It will appear like this. We'll click on it here on this side to start adjusting its score or period. We'll

[08:32] adjusting its score or period. We'll set it to 19. That's how we adjust the RSI indicator according to the strategy we'll start working with. Now let's add the other indicators, but first, let me explain the RSI indicator so you understand all its details. The

[08:48] RSI indicator, as you can see, consists of four parts. The first part of the RSI indicator is the red line. You'll find its score here, guys. The score of its Okay, so we have the white line in the middle, and its score is

[09:04] 50. And then there's the green line, guys, and its score is 30. It's not showing up here because of the charting program we're using. So, what else do we have

[09:16] in the indicator? We have the moving indicator, which is the Simple Moving Average. We changed its period and score to 19 points. Our entry point here depends on just one point in this indicator. So, if we're in an uptrend, as you can see, and

[09:32] So, if we're in an uptrend, as you can see, and the price or this indicator falls or reaches the price or this indicator falls or reaches this side, dropping below the 50 point and then rising again, the second point is that it crosses the 50 point and is heading upwards. This confirms that we'll enter a

[09:46] bullish trade because, as we said, we're in an uptrend. Now, if we're in a downtrend, this is still the first point. We'll continue with the second point. So, if we're in a downtrend, what happens? The price, of course, moves between the 50 and 30 points, as

[10:03] you can see in this area. The price moves here. Now, if The price moves here. Now, if the indicator rises and starts to cross and enter a downtrend, I enter a bear trade at the crossover point.

[10:17] As soon as it rises and starts to fall again, I enter bear trades. again, I enter bear trades, or sell, to be more precise. So,

[10:32] that's the first point we'll work on. The second point, which we need to focus on and which we'll need in the point, which we need to focus on and which we'll need in the coming period, is the presence of the SMA indicator, which is in the middle. This means that it's between the 70 and 50 points, which indicates

[10:48] that we're in an uptrend. If it's been moving for a while, as you can see, it keeps dropping a little and then rising again, dropping a little and then rising again, dropping a little and then rising again. This means we're in an uptrend. Now, when it's more prevalent in this direction,

[11:05] when it's more prevalent in this direction, between a score of 50 and a score of 30, or the white indicator and the green indicator, it means we're in a downtrend. dropping again. This means our trades are still in a

[11:20] downtrend; we can't take an uptrend yet. Excellent, guys! So, that's the RSI indicator. Now let's add the other indicators. This is the first time we're using them together; we've used other indicators before, but this is the first time we're using them together. We'll go here to the indicators and choose the

[11:37] EMA. We'll add the first indicator, which will appear in yellow. We'll go here and set its yellow. We'll go here and set its score to "cold". The first one is 5, and pay close attention to these numbers. We'll make the first one yellow, the one that appeared on the short chart, and we'll set

[11:51] its score to 5. Excellent, you'll see it's gotten a little bigger. Now we'll go back and take the same indicator, the IMA. We'll click on it, and the same indicator will appear

[12:03] yellow again. We'll start modifying it and set its score here, guys, to 13, and its score here, guys, to 13, and change its color. We'll make it change its color. We'll make it

[12:29] we'll use in our strategy today. I'll enlarge the chart so you can see what's happening. First, this is the RSI indicator that we just explained. And what else has appeared here, guys? The EMI indicators, or moving

[12:44] average indicators, because these are among the most important indicators we should use. Here we have the yellow indicator with a score of 55, the red indicator with a score of red indicator with a score of 13, and the blue indicator with a

[12:59] score of 5. Pay close attention because these are very important. We also have the these are very important. We also have the RSI indicator with a score of 19. So, we've added all the indicators, and our strategy is ready. Here are the

[13:13] fundamentals from which we can enter trades, and of course, I'll explain all these fundamentals and all the ways you can enter trades using the indicators and these tools. After that, we'll start the third stage, which is

[13:25] applying and entering trades. To enter a bullish trade, I see that I'm currently in an upward trend. To enter a bullish trade, there are a set of conditions. I'll elaborate on the conditions for you now. Let's start by explaining when to enter a bullish trade. Look

[13:39] here, what's happening? We're in an upward trend, and a correction phase has begun. What is a correction phase? At this point, we don't enter trades. Why? Because

[13:51] when we enter a trade, we wait for a crossover between the blue indicator and the between the blue indicator and the have started to move away from the yellow indicator, moving above it and further away. So, do we just

[14:08] yellow indicator, moving above it and further away. So, do we just enter like that? No, we wait for a crossover to enter like that? No, we wait for a crossover to occur with the indicator, which is the 50-period moving average. Here, the 50-period moving average is crossed. So,

[14:25] fundamentals that we explained. A crossover occurs. You might say, "Here, the crossover has happened." Okay, I don't enter as soon as the crossover occurs. You might say, "Here, the crossover has happened." Okay, I don't enter as soon as the crossover occurs.

[14:37] For example, if the crossover happens on this candle, what happens here? There's a significant distance, and the indicator starts to cross and rise. I enter with the next trade. I wait for the candle. These indicators have started to confirm and move away from each other. I start entering. This is the

[15:09] this the only point and the last point? No, of course not. Let's look at another point here. What of course not. Let's look at another point here. What happens, guys? As we said, these indicators, we're currently in an uptrend, as we said in this part, what happens?

[15:24] The indicators start to cross. The indicator in yellow ( which is the indicator in red) and the indicator in green start to cross. They cross the indicator in yellow and head down. Now let's indicator in yellow and head down. Now let's go back and

[15:39] look at the one-minute timeframe because this works very well on the one-minute timeframe. Let's confirm this. Come here, for example, we're in an

[15:51] for example, we're in an uptrend. Whatever happens, a reversal pattern has to appear so I can start entering with it. Here, it starts giving me a downtrend signal. In a downtrend, as soon as the candles fall below the indicator, I start waiting for the crossover. I wait for the RSI indicator to cross and

[16:06] then I enter with it. That's it, a guaranteed and successful trade. At this point, let's enlarge the picture a bit. Here, a crossover has occurred between the indicators, the

[16:18] green indicator and the red indicator. They crossed the yellow indicator and are going back up. Currently, I'm taking my long trade. So, when does this happen? When, so you understand, when does this happen? When the price has reached, as they say, the oversold level and is about to start

[16:35] falling. It has reached the oversold level or the overbought level, as you can see here. Look closely, you'll see where this crossover occurred. The price here, on the RSI indicator, reached... what? It reached

[16:47] The peak of buying in this area started to give me a downtrend signal with the crossover. I'm starting to enter. Let's zoom in a bit. Come on, let's zoom in a bit. Here, it's excellent.

[16:59] a bit. Here, it's excellent. What happened? The price here reached a peak. What peak? The peak of buying. Therefore, we expect a strong downward force to enter. It started to give us, as they say, a downward trend. Now, from here, the crossover between the indicators happens. I

[17:14] start to enter. I enter from here too. Excellent, because when I see the blue indicator move away from the red indicator, this confirms to me that there is strength to enter. Now, when there is another pullback, because we are already in an uptrend, when the indicators pull back, I start to enter again upwards. As soon as they cross the

[17:30] yellow indicator again and go up, I start to continue and enter again upwards. The third step, and this is the most important, and this is where we will take our trades before we enter this step and look at our trades. I wanted to remind you that this video has a $30 giveaway.

[17:46] Don't forget to follow me on Follow us on Instagram, TikTok, and Telegram for all the details and to enter our competition. Like and subscribe to the channel if you haven't already, and leave a comment so we can choose the winner. Let's go and see

[18:01] our trades. The indicators here confirm that there's a strong bearish signal entering the market, and the price confirms the same. I entered a buy trade here with all my balance, which was $50.

[18:40] Here, there's a strong sell signal, so I entered a sell trade with all my balance, sell trade with all my balance, $90.

[19:10] I'll enter the third trade with all my balance, $163. Here, there's a strong sell signal. We'll see which candle is active; if it ends with the seller, we'll enter. I

[19:29] entered a sell trade here with $163 for one minute, using all my balance. And that's the

[19:51] today. Thank you to all our followers, and see you in the upcoming videos. Don't forget to enter the $30 competition that will continue until the end of the year. Thank you to all our followers, and see you in end of the year. Thank you to all our followers, and see you in the videos!