Other Financial Markets
Gain new insights and broaden your understanding of financial markets. Trading in a variety of asset classes will expand your appreciation of how different macroeconomic and microeconomic factors can exert market influence.
A bigger view across markets
In the asset class section we’ve looked at Currencies/ Forex, Stock Indices and Bullion, but there are other asset classes you might want to consider. By diversifying your portfolio, it’s possible to avoid some of the negative psychological biases that we explored in the section on trading psychology. Trading in a variety of asset classes and markets makes it possible to have a broader view of what is happening across financial markets, and appreciate how different macroeconomic and microeconomic fundamental events, or central bank or geopolitical factors exert their influence. Given some markets have strong direct or inverse correlations, it can be useful to see how price action in one market could have an impact on the other markets you’ve chosen to trade.