My name is Alex Buhari, I’m 28 years old and I live in Kanos. A week ago I bought a new Mercedes, as it’s six months since I worked at the car wash and barely had enough to feed my family. Now I’m going to tell you how a casual meeting changed my life and gave me the chance to earn $2000 a day.
I’ll tell you a little about myself. Poverty – that’s how I would describe my whole life. My parents lived in poverty, I never went to university. After finishing school, I went to work at a car wash. When I was young, my salary was sufficient for me. But when I got married and my daughter was born, I started getting into serious financial problems and permanent debt. What to do – I had no idea; the debts were mounting but I couldn’t quit the job because it was my only source of income.
Those two words changed my life forever. When I got home, I sat down at the computer and started looking for some mentions of online trading. And so, a month passed: during the day I would work at the car wash, and by night I would read dozens of forums to understand how to trade online.
I found the Olymp Trade web page and registered on there for free. They let me open a demo account for $10,000 using virtual money, as well as providing free instructions. This helped me a lot in the beginning, when I still didn’t know how to trade on the platform and I didn’t want to invest my own money.
On the Olymp Trade web page, all the calculations are done in US dollars I received the payments in US dollars as well.
After two or three weeks, there was $10,000 in my account. The only problem was that this was only some algorithms on the screen, I couldn’t actually withdraw any cash. That was when I decided to invest $100 in my account. I don’t trust some of the Internet web pages, so I didn’t want to risk too much.
First, read everything to the end, and then go back to step 1 and start!
- You need to open an account at a broker. This is totally FREE. To do this, go to the Olymp Trade website, by clicking here.
- Enter your name, e-mail, phone number, password, and choose the currency of your account and tick to show your agreement. Click “Register“.
- How do you make a forecast?
- Select a currency pair (the exchange rate of the currencies you’ll forecast). For example, click on EUR/USD, if you want to forecast how many dollars 1 euro costs.
- Designate a trade amount. The minimum trade is 1 dollar.
- Choose a time frame. This is the time over which the exchange rate of your chosen currency will be compared with your forecast. The minimum time frame is 1 minute. I usually choose 1 or 5 minutes.
- Make a forecast. Click on either UP or DOWN. A trade opens right after you click.
- But you’ll start to make real money only after you make a deposit. You can do this with any Visa or Mastercard or via QIWI, WebMoney, or other payment systems. The minimum deposit is 10 dollars. Click on MAKE A DEPOSIT button.
Choose “Live account” and click the deposit button again.
A window with a choice of deposit method opens:
Now it gets interesting! Olymp Trade broker is now running a promotion — double your money will be credited to your account, if you make a $30, $100 or $200 deposit within 1 hour after you open it!
Just imagine, it’s as if you got a bonus for your work, e.g., the same $200, but you get $400!
But this is only for 1 hour after you open your account, so hurry up!
Making a deposit is really easy: select a deposit method and amount, click on the MAKE A DEPOSIT button and do what it says.
That’s all! After you make a deposit, go to step 3 and start earning real money!
Finally, allow me to brag a little… Here’s what I earned over the weekend. Good luck!
17 commentsMoney management is calculation of the transactions value. That’s a short version. You can find all info at the Olymp Trade website. Just go there and read.Martin, yes) I have almost no risk at all. The system can handle seven stages; my transactions take 10 minutes, and I always make it a point to carefully analyze the market. I sometimes make only 15 transactions per day. And this way, I have a positive balance every day! At one point at the beginning of summer, on receiving the trading results, I was in the hole. And next day, I had refunded everything.And then because of such guys like you who do not care to read the article to the end, we get online trading haters. Chikanso, how are you trading? You are using Martin, aren’t you?What are such managements? I don’t get it at all.Yahkobah, take a time-out for a day. Go to the broker’s website, and read it carefully. Half is too much. You may be lucky once, twice, ten times. But that’s not guaranteed. You must risk a smaller amount, or use DCS, but with a minimum of 5 stages. As for me, I guess it’s better to use 6 or 7-stage, especially for novices. If one trades as you do, in a year, even Soros will live for redundancy award. Try again, but risk less.Ogungbemi, damn! I did it exactly that way. I used almost half of my deposit in one transaction. Should I never do that or what? How should I do it, then?Idogbe, the strategy is just one on the points. You have to monitor money management and risk management. If you risk a half of your deposit per transaction, no strategy shall be of any use. You shall use your own head and avoid gambling excitement.Looks questionable to me. Maybe some Alex uses some secret strategy? Why then every person to trade thereupon earned far from ten thousand dollars, moreover, don’t earn every time? How’s this possible?Idogbe, it has to be more that doubling. But in general it’s right))Nosazena, it’s the Damage Compensation System. You double the transaction value after every unprofitable one, something like that.Idogbe, what is DCS?Idogbe, what’s the matter? You have this experience, what stops you now? Yes, you’ve fouled up, there’s nothing to be done. Credit the money to the account and go on, tomorrow you won’t even remember this story.Kyuka, how exactly how you traded? What strategy did you use?As for me, it’s a disaster. I traded per DCS, rolled from 6000 to 300000 dollars in three weeks and then decided to show off before my friends, gave up accurate money management, hectically opened transactions and spent it all. I have even felt utterly discouraged to start from scratch. With such a speed I would have earned 10,000 by now, such a shame.Emeka, why do you withdraw the whole income? That’s wrong. If you have such an account, you shall withdraw less in order to make more; and then to withdraw a fair amount. I did so myself.Ayodele, what’s so strange? Have you noticed how many millionaires are there in the country? Not everyone has inherited a trunk of golden rattletraps from the gypsy grandmother. Someone has got rolling himself. As or me, I’m also trading bit by bit, unlike this guy, of course, however, I withdraw a hundred dollars per month. Moreover, my deposit is 500 dollars only.Silly to believe that there’s such a thing somewhere on the Internet. If so, everyone would have had a golden toilet.