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Which opportunities does financial scouting bring?

11-29-2018 10:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Libertex

When it comes to financial investments, being ahead of the others is a key to success. The drivers influencing the price are constantly changing. This makes it necessary to always monitor both micro and macroeconomics and act fast. As Leo Szilard, a famous scientist, once said, 'In order to succeed it is not necessary to be much cleverer than other people. All you have to do is be one day ahead of them.' This is the best phrase to describe financial scouting, the new service that enables faster trading and gains more profit.

As analysts had to constantly monitor sentiments and trends, their methods evolved, and financial scouting appeared. Some time ago, it was well enough to look through the news feed during the day and analyse company reports once per quarter in order to understand where the price will go. Now, these methods still work, but are just a form of a very rough preliminary assessment. To be a successful trader today, you have to be a few steps ahead and predict the major trends.

You can still expect Boeing to rise when looking at its good earning reports. However, would it still be the same if the US Federal Reserve administers a few rate hikes, while the GDP remains lackluster in the best economies of world? Loans become more expensive for US corporations, which, with less demand for air transport, may take Boeing down.

This is when financial scouting comes into play, by gathering the latest data allowing you to get ahead. This unique service is now available to Libertex traders.

On the one hand, the development of technologies and communications allows the acquisition of more information, but on the other hand, it increases the interaction of numerous factors and results in technologies and communications increasing the final value of financial assets. To be successful today, you need to react a lot faster than 20 years ago. You need to be at least two hours ahead of the majority. This is what Leo Szilard spoke about a few decades ago.

Libertex is an international brand with a twenty years history in financial markets and online commerce. Libertex provides investors with access to trading stocks, currencies, indices, commodities, gold, oil, gas and many other financial instruments. The Libertex team has more than 2,200,000 customers in Latin America, Europe and Asia owing to its first-class service. Libertex has more than 150 commercial instruments. In 2016, Libertex was recognized by Forex EXPO Awards as the best trading platform; and Global Banking and Finance Review named it the best trading application in the EAEU. Libertex is the best trading application and the best crypto currency broker according to Forex Awards 2017.

The Financial Services Centre, P.O. Box 1823, Stoney Ground,
Kingstown, VC0100, St. Vincent & the Grenadines

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