π€ The Ultimate Trading Marathon wrapped: How was it for you?
Anonymous Poll
55%
π Loved it
33%
π€ Missed it, but coming next time
11%
π
ββοΈ Not my vibe
True or false?
Crude oil is used to make nearly every product you see and use every day π’
Crude oil is used to make nearly every product you see and use every day π’
Anonymous Quiz
78%
True
22%
False
How do you choose the right time to trade?
Take gold, for example. The graph shows the asset performing best from 12:00 pm to 3:00 pm UTC. Why? Because the trading activity in the US is higher during these hours πΊπΈ
So, a well-chosen timeframe and an understanding of market activity can make your trading even more profitable π
Do you consider the time of day when you trade?
π β Yes
π β No
Take gold, for example. The graph shows the asset performing best from 12:00 pm to 3:00 pm UTC. Why? Because the trading activity in the US is higher during these hours πΊπΈ
So, a well-chosen timeframe and an understanding of market activity can make your trading even more profitable π
Do you consider the time of day when you trade?
π β Yes
π β No
Last week, we saw increased activity across several assets. Hereβs your weekly market roundup with some notable movements.
π Metaβs stock price surged by 14.8% following a strong Q4 revenue report that exceeded market expectations.
π Solana cryptocurrency saw a 7.2% decline due to massive sell-offs.
π Brent fell by 5.2% on the news of a potential ceasefire between Israel and Hamas in the Gaza sector.
Where do you see Brent heading next?
React with π if you think it will recover soon.
React with π if you think itβll keep falling.
π Metaβs stock price surged by 14.8% following a strong Q4 revenue report that exceeded market expectations.
π Solana cryptocurrency saw a 7.2% decline due to massive sell-offs.
π Brent fell by 5.2% on the news of a potential ceasefire between Israel and Hamas in the Gaza sector.
Where do you see Brent heading next?
React with π if you think it will recover soon.
React with π if you think itβll keep falling.
π Coca-Cola will publish its report today. It may affect the stock price.
Previous data: $12B Forecast: $10.6B β Do you think the published data will be higher or lower than predicted?
Previous data: $12B Forecast: $10.6B β Do you think the published data will be higher or lower than predicted?
Anonymous Poll
66%
Higher β¬
34%
Lower β¬
π On Feb. 13 at 1:30 pm UTC, the US will publish its CPI report. This index measures changes in purchasing trends and inflation.
Hereβs how the market could respond:
πΌ Data below 0.3% may drive EUR/USD up.
π½ Data above 0.3% may push EUR/USD down.
Whatβs your forecast?
π β if you think EUR/USD will go up.
π β if you think EUR/USD will go down.
Hereβs how the market could respond:
πΌ Data below 0.3% may drive EUR/USD up.
π½ Data above 0.3% may push EUR/USD down.
Whatβs your forecast?
π β if you think EUR/USD will go up.
π β if you think EUR/USD will go down.
π¨ A Stop Out acts as an emergency brake when a certain percentage of loss is reached. In Forex mode, it protects your balance from plunging too far into the red.
π You can check each assetβs Stop Out in the Trading Conditions section.
π The Stop Out is at 0% for most assets, meaning the trade automatically closes when its loss equals 100% of the trade amount.
π Assets like stocks, cryptocurrencies and indices (except for composites) have a higher Stop Out, at 50%. That means the trade closes is half of the amount used to open the trade is lost.
Did you know about this handy feature already?
π Yes
π₯ No
#OT_trading_glossary
π You can check each assetβs Stop Out in the Trading Conditions section.
π The Stop Out is at 0% for most assets, meaning the trade automatically closes when its loss equals 100% of the trade amount.
π Assets like stocks, cryptocurrencies and indices (except for composites) have a higher Stop Out, at 50%. That means the trade closes is half of the amount used to open the trade is lost.
Did you know about this handy feature already?
π Yes
π₯ No
#OT_trading_glossary
Meta has seen its stock surge by over 150% in the past year.
Factors behind the growth:
π Meta Platforms Inc., parent of Facebook, Instagram, WhatsApp and Reality Labs, reported stellar growth.
π Q4 2023 earnings exceeded expectations, with a 25% annual revenue increase to $40.1 billion.
π Earnings per share (EPS) jumped 203% to $5.33, beating forecasts.
π Meta announced the first-ever quarterly dividend payout at $0.50 per share.
π The company has an optimistic 2024 outlook with plans to boost its AI investments and infrastructure.
Why invest now?
β Meta expects a 20% to 29% revenue growth in Q1 2024.
β The company increased spending on innovative initiatives.
β A social media giant with wildly popular platforms like Facebook and Instagram.
React with π₯ and trade on Meta in Forex mode.
Factors behind the growth:
π Meta Platforms Inc., parent of Facebook, Instagram, WhatsApp and Reality Labs, reported stellar growth.
π Q4 2023 earnings exceeded expectations, with a 25% annual revenue increase to $40.1 billion.
π Earnings per share (EPS) jumped 203% to $5.33, beating forecasts.
π Meta announced the first-ever quarterly dividend payout at $0.50 per share.
π The company has an optimistic 2024 outlook with plans to boost its AI investments and infrastructure.
Why invest now?
β Meta expects a 20% to 29% revenue growth in Q1 2024.
β The company increased spending on innovative initiatives.
β A social media giant with wildly popular platforms like Facebook and Instagram.
React with π₯ and trade on Meta in Forex mode.
Guess the person π
This person co-founded one of the worldβs largest blockchain platforms based on the concept of smart contracts, paving the way for a multitude of decentralized applications and blockchain-based projects.
Whatβs his name?
This person co-founded one of the worldβs largest blockchain platforms based on the concept of smart contracts, paving the way for a multitude of decentralized applications and blockchain-based projects.
Whatβs his name?
Anonymous Poll
26%
Vitalik Buterin
35%
Elon Musk
31%
Satoshi Nakamoto
8%
Bill Ackman
π Last weekβs market was buzzing! Here are the highlights.
π Walt Disney stock increased by 10%, providing an opportunity to gain a 200% profit with a x20 multiplier in FX mode. This surge in value occurred in light of the companyβs quarterly revenue report, which exceeded the previous figure by 10.6%.
π’ The price of Brent crude oil increased by 4.5%, allowing traders to earn 225% on their bullish positions with a x50 multiplier in FX mode. As for the price hike, it occurred on the backdrop of ongoing tensions in the Middle East.
πͺ The iShares Bitcoin Trust ETF gained 12%, giving traders an opportunity to earn 60% on their bullish positions with a x5 multiplier in FX mode. The increase reflects heightened demand for Bitcoin among traders.
Which of these assets would you consider for trading?
π Walt Disney
π₯ Brent
β€οΈ iShares Bitcoin Trust
π Walt Disney stock increased by 10%, providing an opportunity to gain a 200% profit with a x20 multiplier in FX mode. This surge in value occurred in light of the companyβs quarterly revenue report, which exceeded the previous figure by 10.6%.
π’ The price of Brent crude oil increased by 4.5%, allowing traders to earn 225% on their bullish positions with a x50 multiplier in FX mode. As for the price hike, it occurred on the backdrop of ongoing tensions in the Middle East.
πͺ The iShares Bitcoin Trust ETF gained 12%, giving traders an opportunity to earn 60% on their bullish positions with a x5 multiplier in FX mode. The increase reflects heightened demand for Bitcoin among traders.
Which of these assets would you consider for trading?
π Walt Disney
π₯ Brent
β€οΈ iShares Bitcoin Trust
π The Olymp Trade PRO program is up and running.
Confident in your trading skills? Going PRO is your chance to step up and share your knowledge to guide the newcomers through the world of trading.
Whatβs in it for you?
- Recognition: Create and publish content under your name.
- Extra income: Profit from sharing your expertise.
- Special offers: Get access to unique products, events and consultations.
As a PRO, you will:
βοΈ Create posts, articles, videos, livestreams, etc.
βοΈ Moderate Olymp Trade channels.
βοΈ Test-drive our new features and products.
We invite you to embrace the PRO lifestyle and help other members of the community trade better π Keep an eye out for further updates: Exciting PRO events are just around the corner.
React with π₯ if this sounds interesting.
Confident in your trading skills? Going PRO is your chance to step up and share your knowledge to guide the newcomers through the world of trading.
Whatβs in it for you?
- Recognition: Create and publish content under your name.
- Extra income: Profit from sharing your expertise.
- Special offers: Get access to unique products, events and consultations.
As a PRO, you will:
βοΈ Create posts, articles, videos, livestreams, etc.
βοΈ Moderate Olymp Trade channels.
βοΈ Test-drive our new features and products.
We invite you to embrace the PRO lifestyle and help other members of the community trade better π Keep an eye out for further updates: Exciting PRO events are just around the corner.
React with π₯ if this sounds interesting.
On Feb. 22 at 10:00 am UTC, the Eurozone will publish its consumer price index (CPI). This is an inflation indicator that is used to calculate the cost of living.
Hereβs how the market could respond:
πΌ Data above 2.8% may drive EUR/USD up.
π½ Data below 2.8% may drive EUR/USD down.
Whatβs your forecast?
React with π if you think EUR/USD will go up.
React with π if you think EUR/USD will go down.
Hereβs how the market could respond:
πΌ Data above 2.8% may drive EUR/USD up.
π½ Data below 2.8% may drive EUR/USD down.
Whatβs your forecast?
React with π if you think EUR/USD will go up.
React with π if you think EUR/USD will go down.
With Olymp Tradeβs demo account, you can practice trading with virtual funds and sharpen your skills completely risk-free before diving into the live market.
β Make your demo experience count
Challenge yourself to achieve three profitable trades in a row before switching to a live account. Once youβre trading live, set a daily profit target and loss limit. If you hit your loss limit, itβs time to return to demo trading and refine your strategy.
β Trade with endless demo funds
With Olymp Tradeβs demo account, youβll always have 10,000 demo currency units at your fingertips. Press the Refresh icon next to your demo account in your Accounts list to refill its balance whenever you need.
Are you using the demo account to hone your trading skills?
π₯ β I use it a lot
π β I use it sometimes
π― β I donβt use it at all
β Make your demo experience count
Challenge yourself to achieve three profitable trades in a row before switching to a live account. Once youβre trading live, set a daily profit target and loss limit. If you hit your loss limit, itβs time to return to demo trading and refine your strategy.
β Trade with endless demo funds
With Olymp Tradeβs demo account, youβll always have 10,000 demo currency units at your fingertips. Press the Refresh icon next to your demo account in your Accounts list to refill its balance whenever you need.
Are you using the demo account to hone your trading skills?
π₯ β I use it a lot
π β I use it sometimes
π― β I donβt use it at all