Trading revolves around finding and making use of opportunities and the traders that can predict the next market movement will profit. In fact, the whole concept of trading is to predict what is going to happen and the people with the best predictions will make the most. Most people who succeed are educating themselves, while the ones who lose money, most likely invests only on gut feeling.
Therefore, the trading industry is constantly trying to predict what’s about to happen on the markets and we thought we’d offer our own opinion on the matter.
Note that our predictions aren’t focusing on specific instruments but more on potential trends and events. Before we start off, here are two articles that might be of help if you are trying to up your trading game.
Tech Stock Gains
2018 was a record-breaking year for the tech sector with several major milestones. The most notable was Apple and Amazon reaching a 1 trillion market capitalization within weeks of each other.
Since that happened in mid-2018, growth has slowed down a bit but not enough to create a real stir. In fact, most experts agree that the tech sector has a long way to go before the market turns and we should expect to see continued growth during 2019.
Also, over the past few years, the tech sector has proven to be one of the most lucrative markets for traders, reported by stock trading experts from all over.
Cryptocurrencies Will Gain Further Market Space
Since the incredible cryptocurrency bull run of 2017 many people seem to have lost faith in the market but without good reason.
Yes, 2018 was a slow year for the cryptocurrency market, but it does not mean that 2019 will be the same. In fact, with a quick glance of how the cryptocurrency market has developed since Bitcoin was launched in 2009, you soon realize that these ups and downs are perfectly normal and that we should expect to see more growth on the horizon.
In fact, we would be willing to bet that the cryptocurrency market will experience substantial growth in the next 10 months.
The Forex Market Has a Few Eventful Months Ahead
As the United Kingdom’s exit date from the European Union draws closer, the realization of Brexit’s effects on our markets is spreading.
One of the biggest and guaranteed changes is a volatile forex market where the biggest currencies will enter a fluctuating state driven by the euro and dollars’ relationship to the pound sterling.
Now, how this development will play out is harder to predict, but it’s likely that we will see the GBP drop initially boosting both the EUR and the USD, before slowing crawling back.
All things considered, Brexit will be one of the hottest trading events of 2019.
Trying to predict how the market is going to move in the next year is not an easy feat, and no one will know if a prediction is accurate until it either happens or it doesn’t.
As mentioned, the person with the best prediction wins so we sure hope we’re right on this one.