“Like many analysts, we’re waiting to see what will happen with US President Joe Biden’s huge stimulus plan. He’s planning to spend $4-trillion dollars, the biggest US investment in the economy since the ‘New Deal’,” says Kibel. “It’s been a speculative market without huge moves. The US dollar, however, has been hit hard in the first quarter and the dollar/rand rate has moved quite a bit.
“One area we need to pay attention to is the stock market because its performance affects the dollar. Some believe this is just the start of the uptrend and the markets will continue to climb, while others believe the market will go down by 30% sooner rather than later. “The reason behind this is we’re not quite clear on what’s happening; the big five stocks are pulling the market up. If you exclude them from the list, you don’t see that big of a growth. If markets collapse, we are likely to see a stronger dollar.”$1,000 can lead to unlimited returns
“Forex is a 24-hour market that’s high risk, but extremely high reward. If you put in $1,000 there’s no limit to the amount you can make, whereas your maximum loss remains $1,000. You can make unlimited amounts of money. Last year, a client started by investing $1,000 with us and grew his account to $90,000. So, it does happen; there’s high-profit potential if you trade the right way and with the right broker.”Kibel’s advice for first-time traders is simple: “Jump right in.
If you’re solely trading on a demo account, you can lose thousands of dollars in a bad trade and learn nothing from it because there are no stakes. However, trading on the live market will give you a better understanding of the markets, and your psychology as a trader, right from the get-go.”
CMTrading_FX The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of Antonkriel141 I've been earning $20,000 weekly I've never regretted this decision.....
CMTrading_FX So many bitcon traders on Twitter are trickster MaverickIsabell thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others
CMTrading_FX I will always tell you about larry__William he's one in a million I make money from home despite the world pandemic inbox him to know more about his crypto trade offers / 🙏🏻🙏🏻