The panel on the right side of the price chart lets you select trade conditions. To open a trade, make sure to specify:
• The trade amount. This is the amount that will define your potential profit. To keep your risks in check, make sure to not spend more than 10% of your account balance when opening a trade. Some traders are even more conservative, only using 1% to 5% of their account balance for each trade. The minimum trade size is $1. If you activate Trade Scaling in the trading settings on Olymptrade, you can double or halve your trade amount by pressing ÷ or × next to the Amount field.
• Trade duration. The minimum trade time for most assets is 1 minute, but there are exceptions such as composites, where you can have trades that last from 5 seconds. If you choose the Clock option, you can set when your trade will be closed, for example, 19:00.
• Enabling orders. You can set a pending order by pressing the Enable Orders button. Choose the price level or time that you want the trade to be executed in the panel that appears. You can also specify the required profitability, for example, from 80%. In this case, the trade will only open if the profitability is 80% or higher.