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Market Screeners and Scanners Are Essential Tools for Today's Traders
Wednesday, July 29, 2020
Expert: Barry Norman Hosted by: Alvexo- Forex
- Cryptocurrency
- CFD
- Technical Analysis
- Beginners
- Intermediate
In today's fast-paced online trading arena, a trader needs to stay up to the minute on a multitude of assets and opportunities. To do this, a trader needs to take advantage of the power of the internet and their computers. You can no longer use your abilities as the markets move too quickly.
One of the best tools available to a trader is a forex screener. Screeners are not a robot that makes trading decisions but a screener that monitors the markets to find traders based on your set of parameters.
A good forex screener will let you monitor the market for many assets simultaneously. By default, most screeners display all current information on each asset, including its current exchange rate, the daily high and low, the daily change, and a buy or sell recommendation according to the software's screening algorithm or your present conditions.
The best forex screeners for your needs depend on large on your level of trading experience. For example, an inexperienced trader would not have the background to customize their indicators like a more seasoned trader, so they may not require the ability to do that in the forex screener they select.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
One of the best tools available to a trader is a forex screener. Screeners are not a robot that makes trading decisions but a screener that monitors the markets to find traders based on your set of parameters.
A good forex screener will let you monitor the market for many assets simultaneously. By default, most screeners display all current information on each asset, including its current exchange rate, the daily high and low, the daily change, and a buy or sell recommendation according to the software's screening algorithm or your present conditions.
The best forex screeners for your needs depend on large on your level of trading experience. For example, an inexperienced trader would not have the background to customize their indicators like a more seasoned trader, so they may not require the ability to do that in the forex screener they select.
Barry Norman
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.