Komu Posted May 22, 2020 Share Posted May 22, 2020 Quote Link to comment Share on other sites More sharing options...
0 Brian Posted May 22, 2020 Share Posted May 22, 2020 Hello Komu, CFD markets operate for an extended time, therefore the cost of the contract can rise if one speculates that the value of the underlying asset will increase with time. To succeed as a CFD trader, you need to learn how to identify the factors that trigger the market to move in a certain direction. It will help you spot various opportunities that can turn out profitable if you place a trade. Identifying an opportunity in a CFD market will depend on the factors that you will point out and with which will trigger the need to behave in a certain way. Depending on how the economy behaves, you can spot a CFD opportunity. Therefore, the economy may move in a certain direction, giving way to several opportunities that CFD traders can use to benefit themselves. Industry triggers affect the market prices and hence the decisions made by investors. If the industry moves in a favorable direction, the investors will spot this opportunity and therefore follow it, hoping they will make a profit. World affairs also influence how CFD investors respond to the opportunities it may present. For example, when there are problems such as terrorist attacks and bad weather conditions in a certain country, the value of CFDs may fall. Opportunities for CFD traders may also be less in such a situation. Quote Link to comment Share on other sites More sharing options...
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