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Risk-Free Trade

1. Subject to all Terms, “RFT” (RISK-FREE TRADE) is available to Participants who have satisfied the Eligibility Criteria for the Promotion advertised and have been fully approved by Compliance.

  • The Offer relates to a minimum approved deposit of $2,000 and up to $10,000 deposit.
  • Risk-free trade will be valid only on the first trade, and on trades not larger than one (1) lot. The risk-free period is limited to a maximum of 15 days (including weekends) from the account activation date.
  • The client will be entitled to a refund only if he has met the promotion terms and conditions.
  • It is the client’s responsibility to contact the account manager to claim a refund in case of a loss on the first risk-free trade. The risk department will review the request and in the case that all conditions were met, the loss will be refunded up to 48 hours from the claim date.
  • This promotion shall be valid according to the company’s decision and sole discretion.

2. We reserve the right, at our sole discretion, to disqualify any individual that tampers or attempts to tamper with the operation of the Promotion, or breaches the Promotion Terms and Conditions or Our Terms and Conditions.

3. We reserve the right to alter, amend or terminate this Promotion, or any aspect of it, at any time without prior notice. We may make changes to this Promotion’s Terms and will notify you of these changes by posting the modified terms on the globaltrades-fx.com website.

4. We recommend that you revisit these Promotion terms regularly, and by your continued use of the globaltrades-fx.com website and services, you accept any such modified terms.

5. Any dispute or situation not covered by these Promotional Terms will be resolved by our management team in a manner it deems to be the fairest to all concerned. The decision shall be final and/or binding on all entrants. No correspondence will be entered into.

6. If these Promotion Terms are translated into a language other than English, then the English version of the Rules shall prevail where there are any inconsistencies.

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Binary Options and US Trading Customers! Risk Free Trades

Binary Options and US Trading Customers! Risk Free Trades! It is now possible to trade in binary options; this is something which can be undertaken by almost anyone. Although a relatively new form of investing it is possible to generate a good rate of return simply by predicting the price movement of an array of stocks, currencies, indices and even commodities. One of the most attractive elements of United States binary options trading is the fact that there are only ever two options when placing a trade. Your trade is based upon the direction you believe the price will move in; you will either be right or wrong. Every trade is for a limited period of time, the price movement of the asset at the end of this period of time will either be the same as you predicted or not. At that point you have either generated a profit or not! The simplicity of this type of trading has made it extremely popular with a wide array of people. Binary Options and US Trading Customers! Risk Free Trades

It is also worth noting that you are simply purchasing an option which expresses the price movement of your chosen asset; you never need to purchase the asset itself and risk being unable to sell it or making a huge loss. Your potential loss on each trade is limited to the amount you spend on the trade.

Reputable Binary Options Brokers Who Accept USA Customers

The word binary refers to an item only having two possible outcomes. In the case of US binary options trading this is a perfect description. The fact that you will always know what you could lose and what return you could generate before you commit to a trade provides you with some security and allows you to minimize your risk and invest with minimal funds. This is one of the reasons that this type of trading has become so popular. They are often referred to by a variety of other names, such as ‘fixed return options or digital options; regardless of the name the premise remains the same; you either generate a good rate of return or you lose your investment. Binary Options and US Trading Customers! Risk Free Trades

One additional item to note that adds to the appeal of this type of investing is the fact that the length of each trade can be different. Trades can be completed very quickly which allows you to generate a profit; providing you choose the right asset and price movement. You can, in effect, create almost instant profit, although if your binary options trade is wrong you can also quickly lose funds. Fortunately many brokers are now offering a small rebate of approximately 10% for failed trades.

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Enhance Your Trading with Olymp Trade Risk Free Trading

Imagine a system where as an Olymp Trader you can make forecast; loose ( get your money back 100% ) – win ( get your stake money plus (+) profits . Simply put, you never get to loose no matter the out come of a trade. How is that even possible you ask? It is possible if you activate the Olymp Trade risk free trading feature in your account.

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In this guide I will teach you how to improve your Olymp Trade yield s by using risk free trading as a tool for making profits.

It helps if you already have an active VIP account .

If you don’t have one yet, go ahead & create yours to get $10,000 free demo units for training .

And note that if you register & make a deposit within the first hour of registration you get a 100% bonus.

Meaning, if you deposit $100 you get $100 more.

All smart traders take advantage of this offer & treat it as another easy way to make money off broker systems.

So, What are Risk Free Trades & How do They Work?

Risk free trades are trades which ensure that a trader does not lose any money even when their asset predictions are wrong. Instead, they are refunded their money for another fresh start.

But, in the event that they win, the traded amount is still credited to their account with all the profits. No commissions charged.

In Olymp Trade the risk free trading amount limit is $100 meaning that after you activate the feature, you can open a trade which does not exceed $100 & if you loose; the traded amount is returned to your account. Olymp Trade assumes the loss.

This however does not limit you from making a trade with an amount lower than the trade limit ($100). You can still trade a lower amount like say $90 & still get $90 back when you loose.

But if you decide to trade with amounts higher than $100 & loose; your lose is only covered to $100.

For example, if you should trade with $120 & lose, Olymp Trade will only refund you $100. The $20 on top is your loss.

Not bad at all, mh?

But How do You Activate Risk Free Trading in Olymp Trade?

First note that risk free trades are only available for VIP traders. To activate a VIP status in Olymp Trade, make a lump sum deposit of $2,000. This gives you the risk free trade benefit among other benefits like: – faster withdrawal & higher profit yield.

After you have activated your benefits with the lump sum deposit, click on the gift button below your chat to get risk free trades.

This is how it looks.

Click the activate button to make the risk free trading feature go live.

Note that there is a limit put to the number of times you can use this feature.

While this account can be refunded the traded amount 14 times (courtesy of Olymp Trade risk free trades), other accounts can get more or less. The number of times you can use this feature is somewhat determined by your trading volume. The more you trade, the more you’ll get more leverage.

Pick The ‘Perfect’ Trade Entry Point For Lower Risk & Higher Reward

The ideal trade entry is one that allows for good stop loss placement and a substantial risk / reward potential. Easier said than done, right?

Well, maybe not. Whilst these “perfect” trade entries may not be frequent, it doesn’t mean they are “hard” to spot. It just takes some training combined with screen time to learn how to find them.

There are essentially three process that I use to find the ideal trade entry. Here, in a nutshell, is what I do every time I am looking for a new trade entry, this is how I think and what I look for:

The 3 keys to finding the “perfect” trade entry:

The easiest way to do this is to first look for any really obvious price action signals on the daily chart time frame. The daily chart time frame, traded in an end of day manner is my favorite way to trade. I am looking for really obvious signals and patterns that “stick out like a sore thumb”, and once you get familiar with the setups I teach, these aren’t hard to spot.

Next, you want to look for confluent factors for the trade that back up the signal. So, you are sort of “reverse engineering” the trade, if you will. You spot the signal, then, you start looking back in time on the chart to see if the signal bar lines up with other key levels or has formed after a pull back within a trend or has some other type of confluence with the chart.

Essentially, you want to line-up as many supporting factors as possible if you want to find the “perfect trade entry point”. The last thing you want to do, if you’ve found a signal that has confluence, is look to see if you can “refine” the entry so that you increase the risk:reward potential of the trade (this is a more advanced concept that whilst isn’t “necessary” can improve risk:reward. I get into this more in-depth in my professional trading course).

Note: Whilst there really isn’t a “perfect” trade entry, we can still try to look for trades that have the most “weight” or confluence behind them.

A brief breakdown of the 3 key pieces of the “perfect” trade entry are:

  1. Find the signal, pattern, level to trade, this is somewhat obvious, but it’s also a skill that needs to be developed and refined. For this tutorial we will use pin bar entry signals and tailed bar entry signals.
  2. Look for entry filters and confluent factors; things that back up the trade such as a strong trend, key horizontal support and resistance levels, 50% swing retracement levels other past signals (event areas), moving averages and more.
  3. Entry tweaks and tricks; such as the 50% tweak retracement entry of the signal bar itself, or simply consider a nearby key level for a more optimum entry point, that allows for better stop placement and larger target.

My typical daily routine to find that “perfect” trade entry:

After I wake up and eat a healthy breakfast (and yes, sometimes I eat Vegemite) and do my morning exercise, I will flip on the charts and see what happened after the U.S. session closed, remember, I am focused on the New York close charts. Since I live in Australia, when I wake up it is in between the U.S. close from the previous day and the European open, so I have a nice time to observe the daily charts in Forex, Stock Indices and major commodities and see what happened before they really get moving again in Europe. Or, if I am looking at my local Aussie markets, since it’s morning it’s the perfect time to enter a trade, IF one is there.

My goal is to scan quickly through my favorite markets to trade and then look for obvious trade signals / patterns that provide me with an edge in the market. If I find one, I will then filter that trade by finding reasons that back up the trade or that make sense with the surrounding market structure. At this point, I am also seeing if the trade maybe doesn’t make sense? Just because I find a potential signal doesn’t mean I always trade it. If a signal has little to no supporting confluence then I will probably not trade it.

Lastly, if I find a signal that meets my criteria and makes sense in the surrounding market structure (confluence), I will then find the best and most logical way to enter it with the goal of best stop loss placement and a high potential risk reward.

Let’s go through some examples:

Example 1:

In the chart below, I saw a very obvious daily chart EURUSD pin bar sell signal that looked like it had a lot of confluence behind it, which we will discuss in the next chart. For now, note that the tail of this pin bar was CLEARLY sticking out from the nearby pars, indicating a sharp reversal and rejection of that price area and implying price might move lower in the coming days. I didn’t have to search long or hard for this signal, it literally “jumped” off the chart to me:

In the next chart, we are checking to see what supporting “evidence” this pin bar signal has. In this case, there is definitely enough evidence to warrant a trade entry. As per the chart below, the market was in a multi-month downtrend and the signal had formed after a pull back to resistance, and a key resistance zone at that. The signal itself was also well-formed and obvious, in my mind this trade was a “go” and all we had to do was set it up, pull the “trigger” and go watch a movie or play some golf or whatever you like to do, just don’t stare at the trade all day after it’s live.

Next, let’s look at the zoomed in view of the above pin bar. We are focusing now on the entry “tweak” as well as seeing if we can improve the risk reward potential on the trade. Notice, in this trade, we could have entered near the 50% point of the pin bar for a much improved risk reward ratio. Realistically, an exact 50% entry on the pin would have been difficult as price just barely touched that level before moving lower again. However, you could still have entered on a retrace of the pin somewhere under that 50% point and with a stop above the pin high. You would have a logical stop placement and a strong 3R to 4R profit potential on the trade.

Example 2:

In the example below, we are looking at the daily SPI 200 (Australian Stock Index) chart. Upon glancing at this chart the pin bar circled below quickly caught my eye. It clearly lined up with an overhead level on the daily chart time frame. The tail on this pin bar was clearly sticking out and showed a sharp reversal in price.

The chart below shows a weekly chart view of the above daily chart. Often, I will check the weekly chart when I find a trade on the daily or 4 hour, to see how that signal makes sense in the context of the longer-term time frame, or if it makes sense at all. In this case, the pin bar on the daily above, formed at a very powerful key resistance level / event area on the weekly chart, as we can see below. It also formed in-line with the downtrend in place on both the daily and weekly charts.

Finally, we see a zoomed daily chart of the pin bar signal we are trading. Note that no retrace / tweak entry was possible here but this trade still had a good 2R Reward potential since the next support was not until quite a ways down as you can see below. Trades like this that form at a key level / event area and have the trend behind them and make sense on the daily and weekly, often lead to fast and big moves…

Example 3:

In the next example we are looking at a couple of bearish tailed bar signals that formed on the daily Crude Oil chart. You will quickly notice a very strong downtrend was in place and that these bars formed just under a key resistance level after price broke and closed under that level just prior. Whilst these signals may not “jump” off the chart at you like the first two examples, given the momentum behind the sell-off in this market they would have been obvious setups to the trained price action trader.

Once we zoom out a little more you can clearly see the magnitude of that overhead level as well as the trend that was in place. These strong pieces of supporting confluence made this trade a virtual “no-brainer”.

A zoomed in view of the signal on the daily chart shows us that even with a stop loss just above the first tailed bar high (and beyond the level) there was still a huge potential risk reward on this trade because this market was truly in a runaway trend. These types of trends are the best for pyramiding into positions and making a big profit. Notice on just one position here you could have easily grossed a 5R profit. Not a bad payday.

Conclusion

I hope that the main thing you take away from today’s lesson is that the best trades are ones that form with multiple supporting factors. In all of the examples above, the trend was really obvious and the signals formed at a key level in the market. This stuff should not be difficult once you gain the knowledge and understanding of what you’re looking for. However, there is an “art and science” to it that takes some training, time and gut feel to get really good at.

I want you to remember that you’re looking for an “intersection” of a signal and a level or a signal and a trend or even just a level and a trend as in the case of a blind entry. Essentially, what we are doing here is trading like a sniper by waiting for the right pieces of evidence to align and give us the green light to pull the trigger on the trade. All of this becomes easier once you understand how to read the footprint of money on the chart, i.e. the price action. It does take passion and commitment though, I have found as I’ve gotten older that the charts have made more and more sense to me, even the randomness within them.

You have to truly to be in this for the ‘long-haul’ if you want to succeed at it because trading is the ultimate test of the self. The market WILL expose all your human flaws and how long it takes you to truly start making consistent money at trading or if you do it all, depends mostly on how fast or if you can accept these flaws and correct them. Whilst this part of trading is not easy, there are people who can help you; other traders who understand what you’re trying to do and what you’re going through.

Learn To Trade The Market is a collective community of 20,000 + members who are all on the same page and who all have the same end-goal of trading success. My members are following the trading ideologies, processes and concepts discussed in this article and that I expand upon in my advanced course. This is why I created Learn to Trade The Market, because it allows you to “look over my shoulder” via my daily trade setups newsletter where I implement the routine described above and combine that with the core teachings of my course.

Please Leave A Comment Below With Your Thoughts On This Lesson…

If You Have Any Questions, Please Contact Me Here.

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