The Key To Successfully Trading Cryptos Is Keeping It Simple

We live in a refined world of small quotes which describes a bigger action. They’re parables which are found everywhere everyday, all pointing towards one key message, which without fail is to “keep it simple.” The principle of simplicity is an extremely workable one under most situations, especially trading the markets.

Although to refine ones trading skills isn’t easy to master, what they involve are simple principles. Mastery of learning in most areas of life includes conserving extraneous movement and effort. Once it’s perfected and done right, it looks easy …

Using Economic Data And How It Influences The Financial Markets

The trigger that contributes to price levels and action in the financial markets are numerous and diverse, and their influences can vary through time, and across different markets. We will identify the different types of Economic Data influences and the role they play.

There are two ways economic information can influence prices. The first is in the macro sense.

Macroeconomic inputs include:
Interest Rates
Economic Growth (GDP)
Government Budget Surpluses/Deficits
Trade Balances
Commodity Prices
Relative Currency Exchanges Rates
Corporate Earnings (both for individual companies and the broad collection)

These …