Last Updated on: 15th February 2021, 12:01 am
Speculation is the process of predicting future prices and entering into a trade that has a significant risk of loss but also the potential for profit. The investor attempts to benefit from the short-term fluctuations in the market as a result of macroeconomic and political events around the globe.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.