the promotional conditions<\/a> well. The track record of past events is
\nindicative of a trustworthy broker, too. Usually, you can discover their offers
\naround 1-2 weeks before the event.<\/p>\n\u00a0<\/p>\n
‘In
\nthe financial market, such as Forex, these “promotional” periods apply, too.
\nWhen we devise technical analysis at such a time, we do it by a method called
\n“seasonal analysis”,’ explains the recipient of the Most Popular FX Trainers in Malaysia<\/i> award, Kar Yong Ang. <\/p>\n
\u00a0<\/p>\n
Likely,
\nyour favourite currency pair or the most popular one on the market has some
\ngreat and unique conditions in terms of special spread or leverage offers. This
\nholds true not only for classical fiat currency pairs but also for the
\nrelatively novel market of cryptocurrencies\u2014especially the ones paired with
\nbitcoin (BTC).<\/p>\n
\u00a0<\/p>\n
Take Advantage of Retail Prices<\/b><\/p>\n
This
\noption might be obscure since it actually represents the act of purchasing. But
\nagain, the more you research the offers, the better chance you’ll have at
\ncatching the best retail price for an item you would’ve purchased anyway. This
\nstrategy becomes even more powerful if you consider the well-observed fact that
\nan item usually increases in price after the Black Friday season compared to
\nbefore the season. <\/p>\n
\u00a0<\/p>\n
The
\nTop Forex Analyst in Asia by WikiFX<\/i>
\nof 2019, Kar Yong Ang, highlights: ‘Implementing a traditional business plan,
\nyou could buy certain goods beforehand, only to sell them at a considerably
\nhigher price after the season. Leveraging on such promotions can generate
\ndecent sales and thereby profits’.<\/p>\n
\u00a0<\/p>\n
Once
\nagain, if the current discount extravaganza has left you unsure about your
\ntiming, don’t forget about the upcoming Christmas season. In terms of buying
\ngoods, it often even surpasses the Black Friday conditions.<\/p>\n
\u00a0<\/p>\n
Sometimes Not Spending as Much
\nMoney Amounts to Having Earned it<\/b><\/p>\n
If
\nyou saved money on a purchase, then this could be considered earning.<\/p>\n
\u00a0<\/p>\n
Buying
\nproducts, stocks, real estate, or currencies should never be emotional. When
\nmoney is involved, you should implement a patiently pre planned strategy.
\nProceed according to this framework and try to avoid impulsive buying.
\nPurchasing by impulse can make you end up at a loss. <\/p>\n
\u00a0<\/p>\n
Financial
\nexpert Kar Yong Ang agrees and adds, ‘I will usually wait for my purchases’
\ndiscount during those days since we are talking about up to 40% off the
\noriginal price’.<\/p>\n
\u00a0<\/p>\n
So
\nthe critical point manifests notably in the trader community\u2014developing and
\nholding on to this psychological discipline enriches your overall spending
\nstrategy. It becomes even more crucial during the whole sales season. Thus,
\ninvest enough time in personal development, and if something goes wrong during
\nthe plan implementation, do not worry.<\/p>\n
\u00a0<\/p>\n
Gero
\nAzrul, who won the Traders Awards
\nMalaysia 2020<\/i> award, further extends this piece of advice: ‘You should
\nconsider mistakes as part of a conscious training process towards greater
\nfinancial sovereignty later’.<\/p>\n
\u00a0<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"KUALA LUMPUR, MALAYSIA –\u00a0Media OutReach\u00a0– 22 November 2021 –\u00a0The international Forex broker
OctaFX has ventured to think outside the box once again. While most people and
businesses concentrate on spending and selling stuff at steep discounts, OctaFX
offers opportunities to earn money and increase income during this global mass
purchase-fest. The fintech firm bundled some …<\/p>\n","protected":false},"author":1,"featured_media":18918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18917"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18917"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18918"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![](\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/198899\/OctaFX-Black-Friday.jpg#image-198899\")
<\/p>\n