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IQ Option: Time to Plan Trading Strategies for 2021

IQ Option: Time to Plan Trading Strategies for 2021

2020 is coming to an end, so it's time to make plans for next year. IQ Option has published several recommendations for drawing up effective trading strategies in 2021. First of all, you should pay attention to seasonal patterns. While overall performance is usually at its lowest point in September and October, January and December are historically considered the most successful. In addition, there is usually a seasonal increase in stock prices at the beginning of the year. Many traders are confident that this is the best time for annual investment planning.

IQ Option analysts say that attention should also be paid to the distribution of the COVID-19 vaccine. Thanks to this, uncertainty will decrease, and the economy should begin to recover. Experts' forecasts vary, but many agree that, for example, the next year will be favorable for the S&P 500.

Another factor to consider is the impact of world events. In particular, the 2020 Summer Olympic Games, Euro 2020 Championship, Eurovision Song Contest and Expo 2020 are scheduled for 2021. IQ Option recommends marking them on my trading calendar as they can have an impact on asset values.

From the expert review of IQ Option on our portal, you can find out all the pros and cons of working with this binary options broker. Read on and make the right decision!

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