Being equipped with the best gear makes all the difference; top footballers walk onto the pitch in good boots; top traders go in armed with the right tools.
Filling your kit bag with tools like the world-leading MT4 trading platform and PsyQuation for AI-assisted analytics will make your trading experience easier and more powerful.
To learn more about the world’s most popular trading platform, check out our Introduction to MT4 guide.
Statistics say a lot about performance and help you make important strategic decisions. For example, did you know that, last season, Man City took 70% of its shots down the middle (vs the left/right side)?
And did you know that positive COVID-19 vaccine news tends to have a weakening effect on the US dollar? As a trader, you can use these kinds of stats and trends to help inform your trade decisions.
Ahead of a match, football fans follow news of injuries, transfers and weather that might affect a result. Traders do the same thing by monitoring economic events. This is Fundamental Analysis.
Then there’s Technical Analysis: the number of games, a player’s speed, or shooting prowess. Traders look for these details too by monitoring trends and data to predict the outcome of a trade.