The year 2024 has been an eventful year in trading. It was filled with major shifts in global financial markets and driven by key events that shaped trading strategies and created waves of volatility.
The US Federal Reserve’s interest rate cuts created uncertainty, while President Trump’s re-election brought new policies that impacted markets across sectors.
Globally, Japan’s move away from negative interest rates influenced currency values and investment flows.
Meanwhile, all eyes were on Bitcoin and its sharp price swings.
In a year marked by dynamic market movements, let’s reflect on how traders navigated the trading world. We took a look at the TradeLocker platform data to create a short trading report of how our users managed their trades this year.
Here is a highlight reel from 2024, from market trends to the trading habits of our users.
TradeLocker trading report
1. Most traded instruments
- By trades: XAUUSD was the top choice for traders by the number of trades.
- By volume: NAS100 led in trading volume.
2. Profit and loss
US30 proved to be the most rewarding instrument for traders, while Bitcoin saw significant growth but ended up as the least profitable, proving its volatility and unpredictability.
3. Asset class trends
Indices proved to be the most profitable asset class, which reflects their reliability in a turbulent market. Although cryptocurrencies were widely traded, they ended up being the least profitable. They are known for their high-risk, high-reward nature among other digital assets.
4. Trading patterns
The peak trading activity occurred between 2 PM and 3 PM UTC, emphasizing the importance of this window for market movements. August 2024 was the busiest month for trading activity, with August 5 having the highest number of trades. February 15 stood out as the day with the highest trading volume.
2024 was a year of growth and learning for traders on the TradeLocker platform. By spotting trends and making smart decisions, our community navigated the markets successfully.
Here’s to an even better 2025!