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Sam@ezeetrader.com

2 Comments

  1. Peter Dale-Reply
    December 7, 2016 at 9:10 pm

    Hey Kim, the volatility of the current situation in the financial market is not favorable for the small investors and require a detailed analysis by using advance and sophisticated tools. My suggestion would be by using a brokerage house and their financial insights may help to yield favorable results. I am pretty satisfied with my brokerage and their insights.

    My concern is is it fine to rely on someone’s else predictions rather then using our own? Can you please help on that?

    • Kym Watson-Reply
      December 9, 2016 at 9:30 am

      Hi Peter,

      A brokerage house depends on their own analyst’s that may not be any better than what any investor or trader may be able to do for themselves. They are not privy to any more information than what is available to us all. There are no sophisticated tools involved, in fact you are better just looking at price action just as I do in my daily morning reviews.

      It is important for traders to check out which news events are due in any particular day, there are many good calenders which are available. Nobody knows what these news events are going to give us for sure, and how traders may react.

      I believe it is more important that traders learn to do their own analysis. Personally I follow my own morning routine which helps build my trading bias for the day. It is important to keep an open mind and follow the price action as it develops throughout the day and week.

      Best wishes
      Kym

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