Becoming an Expert Trader on Olymp Trade Platform: Gaining Xperience Points through the Trader’s Way
Like every human endeavor in life, all experts were once novice until they determine to start learning the ropes as a beginner. Through personal determination and constant practice, the novice beginner will gradually rise through the ups and downs to achieve expertise. Although learning a trade in the beginning is usually very challenging and discouraging, a determined trader can benefit tremendously from a structured pathway designed to gradually help learners develop mastery through small and specific tasks with appropriate rewards or feedback reviews.
Developing mastery in forex trading requires a lot of self-learning, continuous motivation and focused determination. Moreover, forex trading is a balanced combination of education and experience aimed at achieving continuous expertise for constant profits. Although, many novice traders always seek knowledge or mentoring from ‘self-acclaimed forex experts’, majority often become disappointed due to poor educational contents and incompetent teaching methodologies. Usually, the promise of helping the novice trader to become a profitable expert trader, quickly fizzles out within a short time. Afterwards, only determined beginner traders finally realize that the best way to become an expert forex trader is through self-learning and self-mastery through self-efforts.
As a commitment to helping everyone that desires to achieve their financial goals through successful trading in the financial markets, Olymp Trade implemented another unique feature called “Trader’s Way” on their trading platform in year 2020. The Trader’s Way was a combination of trading tasks structured into levels of learning for systematic upgrade of traders along the learning curve with increasing Xperience points as a motivating reward to appreciate their forex trading competence on the skill continuum. The traders’ pathway to becoming a profitable expert in forex trading was classified into three statuses — Starter, Advanced and Expert based on carefully designed simple to complex tasks to be completed as proof of expertise and trading skills.
The Trader’s Way acts like a Virtual Mentor to the novice forex trader by giving simple tasks to be completed within a specific time to gradually move from one level of learning to higher levels. This is to help traders convert their understanding of free educational videos provided on the Olymp Trade platform into trading expertise through systematic skills-development process. Moreover, the time-limits for specific tasks to be completed in each level is essential for sustained self-learning activities and cumulative experience for effective learning and competence.
While completing the simple to complex trading tasks, the trader gains eXperience Points (XP) as a measure of in-depth understanding of the financial trading, technical indicators or tools, profitable strategies and principles of price movements on the Olymp Trade platform.
XP is a unique way of earning Xperience Points (XP) by completing series of daily, weekly and monthly trading tasks through the Trader’s Way. This is an alternative route that traders on the Olymp Trade Platform can move higher from Starter status to Advanced (instead of depositing 500USD) or Expert status (instead of depositing 2000USD) with additional trading benefits like increased yield percentage (up to 92%) on FTT or Forex trades.
The main objective of XP Trader’s Way is to reward active traders who are committed to gaining practical trading experiences by learning and perfecting their trading strategies on the Olymp Trade Platform. Getting an XP is not related to winning or losing the trade. Either you lose or win a trade position, Olymp Trade will surely reward the trader with XP as a gift of learning by experience. The ultimate goal is that a trader should remain determined and focused on getting the required experiences that are necessary to become a profitable master in the Advanced and Expert status on their platform.
This is one of the unique and special innovations that Olymp Trade put into their platform to demonstrate that they want traders to learn and master forex trading before investing huge capital. On the Olymp Trade Platform, traders are grouped into three statuses which are Starter, Advanced and Expert. For traders to be upgraded from the Beginner or Starter to the Advanced Status, they must complete series of specified tasks in each level with particular motivation rewards as displayed in the image below across Twelve (12) Levels.
The best part is that, traders who do not have the ability to deposit a lumpsum of money to enjoy additional VIP benefits (i.e. 500$ for Advanced Status or 2,000$ for Expert Status levels), can likewise earn the honorable Status by accumulating Xperience Points through the Traders’ Way. Once traders successfully complete the specified tasks within the timeframe by trading on the platform, there is automatic activation of the displayed reward for each Step and Level along the learning pathway. Examples of such rewards include Special Trading Indicators, Deposit Bonus, Risk Free Trade Credits, Advanced Tools, and lots more.
I am a beneficiary of that self-learning process to become a profitable expert. Once you become an expert, you will never go back! Your financial income will increase beyond imagination.
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