5. Idea Generation Tools in Forex Market
There are many ways to come up with trade ideas, including subscription-based services. Briefing.com is one of the most popular sites, offering live market updates, initial public offering previews, and emerging growth stock opportunities. Seasonalysis identifies seasonal forex trends.
Fundamental analysis is another method traders use to research stocks, which involves digging into financial statements, company news, and research reports written by professional analysts. This allows you to get a clear picture of how individual companies and industries are doing, and you can then develop trade ideas.
Often, brokers provide this information from third-party sources. The more research available, the better. In particular, Fidelity is known for the depth of its research.
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