Do you want to trade in a manner that is fast-paced and exciting?
Have you tried to trade with the Olymp Trade Quickler platform?
If NO, then please find some extra time off your busy trading schedule and try trading on the Olymp Trade Quickler mode.
And if you don’t have a trading account on Olymp Trade, go ahead and create one here to start enjoying this fun yet fast-paced Fixed Time trading experience.
Quickler trades are only five seconds long, which means, traders can make many trades in a short amount of time and win up to 90% profits.
The Quickler trading platform is unique because trades opened in it are only five seconds in duration, which makes for a dynamic and exciting experience.
Regardless of your level of knowledge, Quicker provides a fresh new way to trade that will keep you coming back for more!
- 5 Reasons Why you Should Trade on Short Durations.
- 5 Reasons Why you Should Not Trade on Short Durations.
Quickler Trading Conditions.
- Minimum trade duration – 5 sec
- Maximum trade duration – 5 sec
- Minimum trade amount – $1
- Maximum trade amount – $5,000
5 Reasons Why you Should Trade on Short Durations.
Trading on short durations is also known as scalping.
And scalping is a trading strategy that attempts to make many small profits by taking advantage of tiny price changes.
This means that traders who use this approach are typically very active, making and closing trades in a matter of seconds or minutes.
These are the five key reasons why you should trade on short durations:
Reason #01 – Quicker response time from the markets.
When you trade on short durations, you are reacting to the market as it happens.
This means that your orders will be filled much faster than if you were using a longer-term trading strategy.
In addition, since you are not waiting for long price moves to develop, you will have less “dead time” where you are waiting for the next opportunity to present itself.
Reason #02 – Quicker profits
Since Quickler trades are only five seconds long, you can make many trades in a short amount of time.
This means that you have the potential to make more profits in a shorter period of time than if you were using a longer-term trading strategy.
Reason #03 – Less risk exposure.
Since Quickler trades are executed within a short time frame, you will be exposed to less risk.
This is because Quicker traders typically never stay in the market for very long and only make high-probability trades that allow them to close out their positions quickly.
Reason #04 – More opportunities to trade with Quicker trading mode.
Since prices move much more rapidly in the shorter term, traders who choose this strategy are constantly hunting for new trading opportunities that present themselves within their time frame.
And since there are many more short-term traders out on the market, you will find that there are more tradable opportunities available to you.
Reason #05 – Quicker emotional response from traders.
When you are trading on short durations, you will find that your emotions will change much more rapidly than when you are using a longer-term trading strategy.
This is because the shorter time frame will cause you to experience more winning and losing trades in a short period of time.
And as we all know, our emotions can have a big impact on our ability to make rational decisions when trading the markets.
5 Reasons Why you Should Not Trade on Short Durations.
Trading on short durations will expose you to overtrading.
Overtrading is the term used to describe when a trader places too many trades, which leads to them taking on excessive risk in order to try and make more profits.
This can quickly lead to financial disaster for the trader, as they will eventually end up losing money on most of their trades.
Reason #01 – It’s Hard to Pick Trends.
When you are trading on Quickler durations, it is very difficult to pick trends because the markets tend to move up or down too quickly.
This means that if you are a trend trader on long-term trades, you will step down your strategy to guesswork.
Reason #02 – You Can Not Use Technical Analysis.
Since Quickler traders are in the market for very short durations, they don’t have time to use technical analysis or charts.
This means that if you like using these types of trading tools, then this strategy is not for you.
Reason #03 – Fundamental Analysis Won’t Help Either.
Since Quickler traders are in the market for very short durations, fundamental analysis will not help you make better trading decisions.
This is because 5 seconds trades are too short-term to be affected by long-term economic data releases.
Reason #04 – Quickler Trading is Highly Volatile.
Quickler trading is very volatile, which means that you can quickly lose or make a lot of money in a short period of time.
This type of trading is not for beginner traders who are not able to handle volatile markets.
Reason #05 – Quickler Trading is Not for Long-Term Traders.
Quickler trading is not for long-term traders because they will not be able to hold their positions for very long.
In addition, this type of trading does not allow you to use most of the strategies that are commonly used by traders in Olymp Trade.
Quickler trading is both a blessing and a curse.
It is a blessing if you like trading on smaller time frames and if naturally, you are a lucky person because then your luck can help you make faster profits.
And it is a curse if you depend entirely on price action, technical analysis, and fundamental analysis to make your trades.
If you choose to trade on the Quickler Olymp Trade mode, then only trade with money you can afford to lose.