(MENAFN- GetNews)
Online Forex resource site IndependentInvestor has suggested financial traders consider using forex as the ideal companion to macroeconomic strategies, as a result of the close links between currencies and economic affairs and in a bid to capitalise in the most leveraged way on macroeconomic trading signals.
Forex trading site IndependentInvestor has suggested that financial traders using macroeconomic indicators to trigger trading signals should consider investing some of their capital through forex, in order to take advantage of the link between currencies and the performance of major global currencies.
Forex markets respond according to the investment prospects of traders and speculators looking to trade in currency. As a result, the markets tend to be responsive to macroeconomic events and current affairs, providing a volatile, highly leveraged way of investing on the indicators and triggers relevant to a number of trading strategies.
This often means traders can enjoy more substantial returns from the same strategy through trading forex, thanks to the high degrees of forex trading leverage on offer and the responsiveness of currency markets to wider economic factors, according to IndependentInvestor.
A spokesperson for IndependentInvestor said that through deploying the same macroeconomic strategy through forex rather than any other instrument, traders could benefit from the maximum amount of leverage available to generate more significant gains over a shorter period of time.
“Macroeconomic traders often feel quite easily at home in the forex markets, given the association between economic performance and a currency's value. But unlike investing on economic affairs and announcements through any other instrument or market, forex provides extremely significant degrees of leverage, often in multiples of several hundred percent, which present opportunities for more substantial profits to be had from each investment opportunity. While high leverage carries its obvious downsides, this is nevertheless an attractive option for many traders.”
“At IndependentInvestor, we aim to furnish traders with access to high quality trading materials and resources that enable them to trade more effectively and profitably. With our macroeconomic and strategy guides, we deliver effective tips for traders looking to profit from forex market fluctuations, and provide the tips and advice necessary for traders to truly succeed in financial terms.”
About Independent Investor:
IndependentInvestor is an online financial trading resource and industry commentator, providing a range of materials, advice and commentary on the central issues of forex and financial trading. Written and maintained by experienced financial investors, IndependentInvestor goes to the heart of what it takes to become a professional forex trader, in order to help traders establish better practices for offsetting losses and maximising their forex gains.
In helping reduce the costs of trading, Independent Investor provides FX broker comparisons and reviews designed to highlight the cheapest and most effective providers the industry has to offer. With the help of ratings and unique write-ups for the main recommended providers, traders can better narrow down the choice when it comes to settling on an effective forex broker.
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Company Name: Independent Investor
Contact Person: Alex Johnson
Email: Send Email
Phone: 098819825
Country: United Kingdom
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