InstaForex

Tuesday, November 13, 2012

Venturing on Forex | Analyst of the Year




Forex nowadays is gaining its popularity throughout the world. Most educated individuals understand its basic concept but unfortunately, it is not an investment that anyone can enter. There are some who dared to test the waters and failed. Without skills and knowledge of the trade, the chance of surviving is almost to none. But there are those who are employed by InstaForex to aid the less knowledgeable traders in their day to day trading. Individuals who have sufficient knowledge in trading to serve as a guide the clients in their trading decisions - Analyst.

The analysis may vary from person to person, depending on the strategy that they are using. Fractals, Wave, Fundamental and Technical analysis are some of the most common type. But how does a trader discern the best analysis if they are profitable?

InstaForex launched its “Analyst if the Year” award to crown the most able and popular analyst among traders. It is a contest open to all but the participants are mostly professional analyst. It is categorized into three according to years of experience. Premier League, League One, League Two.

Premier League is the category for the analyst whose experience has surpassed more than three years of work in the foreign exchange market. Meanwhile, League One is composed of analyst whose experience is in between from 1 to 3 years. Furthermore, the League Two is made up of young analyst who has less than a year's worth of experience.

The winner of the award will be determined by the number of votes and the category will not matter in judging. So I advise aspiring or professional analyst out there to join and participate in this event because it will not only boost your career, it also have a hefty sum along with it.

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