About news trading
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
SofieAndreasen
Member Since Jul 23, 2020
270 posts
Jan 27 at 17:15
If you are not a news trader, it is better to avoid trading during important news release.
Not necessary to check them out, but sometimes news can have a huge impact in trading which is one of the important to expect.
LyudmilLukanov
Member Since Jul 23, 2020
249 posts
Jan 29 at 09:10
Market become extremely volatile during important news event which make the market riskier.
LyudmilLukanov posted:
Market become extremely volatile during important news event which make the market riskier.
And can also be predictable which can help turn the tide.
hitterbull
Member Since Dec 16, 2020
12 posts
Feb 24 at 10:28
Yes, fundamental knowledge can be of so much help when it comes to trading. Quite an important aspect actually.
Michihito posted:
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
Using an economic calendar before starting your trading day is essential imo.
Sam.peters@
Rasperr posted:Michihito posted:
I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.
Using an economic calendar before starting your trading day is essential imo.
Yes, this is very useful tip.
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