Why Fundamental Analysis Can Make You Profitable
Why using fundamental analysis in forex trading can make you profitable?
In the retail trading industry, all people talk about is mostly technical analysis when it only contributes to less than 10% of your success as a trader.
If you look at hedge fund managers, do they use a lot of technical analysis? Not really. In fact, they use mostly fundamental analysis and use economic indicators to predict what is going to happen in the forex markets a few months from now.
Of course, technical analysis has its place but please don't rely entirely on it and ignore fundamental trading. Some people call this news trading but I'm not talking about scalping the news here. It is a stupid move.
A lot of traders don't bother studying about fundamental analysis because it's too complicated. Understanding inflation, GDP, employment data, NFP data in detail is not easy but that doesn't mean that it can't be done.
If you put in the time and work to master fundamental trading, you can eventually operate just like the professional traders and hedge fund managers.
Forex fundamentals are what drive the markets in the long term, not some indicator below your chart that tells you whether it's overbought or oversold.
Disclaimer:
The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.
Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
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Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/
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Music Credit:
Lovely by Amine Maxwell https://soundcloud.com/aminemaxwell
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://bit.ly/lovely-amine-maxwell
Music promoted by Audio Library https://youtu.be/xkM0Ygic0Vg
A Walk in the Park from Youtube Audio Library
We Are One by Vexento https://www.youtube.com/user/Vexento
https://soundcloud.com/vexento
Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU
https://youtu.be/8IrufIaXK3k
Видео Why Fundamental Analysis Can Make You Profitable канала Karen Foo
In the retail trading industry, all people talk about is mostly technical analysis when it only contributes to less than 10% of your success as a trader.
If you look at hedge fund managers, do they use a lot of technical analysis? Not really. In fact, they use mostly fundamental analysis and use economic indicators to predict what is going to happen in the forex markets a few months from now.
Of course, technical analysis has its place but please don't rely entirely on it and ignore fundamental trading. Some people call this news trading but I'm not talking about scalping the news here. It is a stupid move.
A lot of traders don't bother studying about fundamental analysis because it's too complicated. Understanding inflation, GDP, employment data, NFP data in detail is not easy but that doesn't mean that it can't be done.
If you put in the time and work to master fundamental trading, you can eventually operate just like the professional traders and hedge fund managers.
Forex fundamentals are what drive the markets in the long term, not some indicator below your chart that tells you whether it's overbought or oversold.
Disclaimer:
The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.
Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
---------------------------------------------------------------------------------------------------
Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: http://www.karen-foo.com
Facebook: https://www.facebook.com/KarenFooSpeaker
Instagram: https://www.instagram.com/imkarenfoo/
------------------------------------------------------------------------------------------------------
Music Credit:
Lovely by Amine Maxwell https://soundcloud.com/aminemaxwell
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://bit.ly/lovely-amine-maxwell
Music promoted by Audio Library https://youtu.be/xkM0Ygic0Vg
A Walk in the Park from Youtube Audio Library
We Are One by Vexento https://www.youtube.com/user/Vexento
https://soundcloud.com/vexento
Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU
https://youtu.be/8IrufIaXK3k
Видео Why Fundamental Analysis Can Make You Profitable канала Karen Foo
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