DID YOU KNOW 77% OF TRADERS MADE MONEY IN 2016?
Without question, 2016 was a year of big gains. In fact, according to a recent report by CNN, the majority of traders – 77% – saw returns on their trades last year. The average trader closed 2016 with a more than 5 percent gain*. (goo.gl/uUvH6s)
*Please note: These figures are estimates based on CNN’s report, and not reflect the trading results of Fortrade’s traders.
Forex pairs, gold, crude oil and US stocks were among the top gainers on the charts. The United States dollar to Russian ruble (USD/RUB) exchange rate rose a whopping 45%. WTI crude, Brent crude oil and natural gas rallied throughout the second half of 2016, adding 44 percent, 54 percent and 59 percent, respectively.
The Dow Jones Industrial Average (DJIA) was up 13.4% at the end of the year; the S&P 500 index gained 9.5%; and the Nasdaq Composite was up by 7.5%. Some of the stocks that are expected to continue lighting up the score board this year include Goldman Sachs (added 33% in 2016), Bank of America (gained 31%), Amazon (rose 11%) and Facebook (increased 10%).
Now, what is in store for traders in 2017?
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For General Information only. Not intended to provide Trading or Investment Advice.
Your Capital is at Risk. Losses can Exceed Deposits.
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