Overwhelmed with different tools, sources, strategies and approaches to researching financial market data? Long-term trends, short-term volatility, fundamental analysis, technical analysis, cyclical analysis... what is right for you? Should you pay attention to historical patterns, trends and cycles?
The short answer - in our opinion - is yes!
To avoid the pitfalls of short-term and reactionary decision-making, investors should take a step back and look at the bigger picture. Analyzing global financial markets using a long-term perspective is key to recognizing trends and cycles that reveal themselves over time.
While historical performance is no guarantee to future returns, and different points-in-time introduce different dynamics, analyzing history can help broaden your understanding as you research financial markets.
Whether you’re a beginner investor or a veteran financial analyst, the long-term study of financial markets can help you identify behavior and opportunities that can support or challenge a thesis and related decision-making.
The Socrates Platform has pulled together a high-level guide on studying the long-term history of a market and applying technical analysis to improve your understanding of global financial market activity.
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Important: Socrates is not a financial service, we do not provide financial advice or recommendations. The platform serves as a research tool for informational and educational purposes only.
