Economic Calendar Events Guide
Conclusion

By Eyal Mor

Trading economic events can be risky, but with the proper tools and information, it can be very lucrative. As long as you have sufficient preparation, you can tilt the odds in your favor and take advantage of fantastic opportunities.

Not every economic event is a good opportunity to trade, but there are still several good opportunities on a daily basis. During the week there are several events that you definitely want to at least monitor for the opportunity to trade. And if you’re looking at macroeconomic events, it’s always worth it to be prepared for the release.

Takeaway

If you only take one idea from this ebook it’s to prepare before you trade because otherwise, you only have a 50/50 chance of success. The markets today are much more complex than just one positive event causing the market to go up and one negative event bringing it down. We have to be equipped and prepared. You need to develop your own system. Something that will keep up with the market because that’s the most important part of trading and will make you more consistent as a trader.

Next post >> How To Get Started

This is part of my series on The Essential Guide to Trading Economic Events. Here is the full list of posts in this series:

  1. Introduction
  2. Understanding Economic Events
  3. Which Markets And Asset Classes Are Most Affected By Economic Events?
  4. Why Trade Economic Events?
  5. Is Trading Economic Events Dangerous?
  6. How To Trade economic Events
  7. After Release - Real Time Analysis
  8. Where is the opportunity? Which markets offer the best odds?
  9. Trade Execution
  10. Conclusion
  11. How To Get Started
  12. Three Things To Keep Your Eyes On

Don't Get Caught Off Guard

Launch The News Terminal

Get the BetterTrader.co App!