Preparation & Research are the key to take advantage of the opportunities.
A successful investor needs to do their research and understand the markets.
On a regular basis, each country and central bank publishes different results, gauging the strength of various parts of the economy.
These indicators tell investors whether the economy is continuing to grow at a steady pace, or if there is a slowdown due to an economic contraction.
Understanding the value of these results indicates to investors how strong, or weak, a specific economy is.
There are other economic events that could be important for a successful investor, for example: Profit reports of major companies.
Major financial events often mean high volatility – before, during and immediately after.
For investors, volatility means opportunity and you need to be prepared to take advantage of opportunities.
At iFOREX you can find an economic calendar that covers major economic events, which can be sorted by country and importance.
Check the economic calendar regularly so you don’t miss an important event.
Even experienced traders can benefit from training and support.
You can gain a lot by taking advantage of the education resources, free demo account and free personal training available exclusively on the iFOREX site.