Um den Chat zu nutzen, melden Sie sich bitte an.

News trading is very tempting

Akasuki
Jul 24 at 10:37
246 Posts
@winning_trades During news release time, market moves a lot. But trading during this time is not a good idea. During this time market becomes most unpredictable. If you are not very expert, it's better to stay away from trading during this time.

UweMoench
Jul 24 at 10:47
547 Posts
@Akasuki Yes it is not good to do news trading especially for newbies. News trading need very good fundamental knowledge.

Phyllis_Berry
Aug 29 at 19:27
3 Posts
News is the very singificant thing only for those traders who prefer long-term trading, because news is the key feature of fundamental analysis. It's very important to check the news every time before you sit in front of the laptop/pc and start trading. You must have an economic calendar, because it will help you a lot. Moreover, you can also learn some other ways of fundamental analysis which can become an addition to news checking. I agree that often there is no pleasure in checking news, however if you don't get any satisfaction from something that you do, think about is it really the activity which you're eager to do.

Suradi (FXOday)
Aug 30 at 00:12
118 Posts
Indeed news impact could make prices movement become very high volatility, but this condition is often dangerous, because sometimes traders needs to pay attention to the risk and put stop loss, high volatility market maybe hit stop0 loss and then continue to target, there are trader technical based trading prefer to stay away from news trading because they felt uncertain market.

Oleg_Kramarenko
Aug 31 at 19:21
3 Posts
News trading is tempting indeed, but you've got to avoid this temptation unless you are good at analysing the news and doing fundamental analysis. However, sometimes there are moments when everybody can try their hands in news trading. I am talking about non-farm payrolls trading. You can read different analytics and try to make your own decision which is closer to your vision of the market and its driving forces. More than that, there are some news that cannot be excluded from your decision making process even if you have never traded news, here I am talking about the news which are connected to the oil prices. Some of the news are so important that they affect the market dramaticaly (remember the beginning of 2020), but again, these are the news that everybody is talking about but not some daily informational noise.

CraigMcG2020
Sep 01 at 07:02
101 Posts
For sure it can be but i think its like gambling, personally i think you'd have a better time in Vegas

Marcel Durham (MarcellusLux)
Sep 01 at 10:28
74 Posts
- Study the political and economic details and processes that can influence news releases.
- Consider all possible scenarios in advance.
- Calculate in advance all the possible risks associated with these scenarios.
- Trade according to a plan and with strict risk control.
- Do not try to catch what has already been missed. Or wait for the secondary market reaction.

croisssan
Sep 01 at 10:59
215 Posts
This is an interesting option, but not the easiest one. It is important to have sufficient experience to be successful in this industry.

cranberrythekid
Sep 01 at 11:25
6 Posts
MarcellusLux posted:
- Study the political and economic details and processes that can influence news releases.
- Consider all possible scenarios in advance.
- Calculate in advance all the possible risks associated with these scenarios.
- Trade according to a plan and with strict risk control.
- Do not try to catch what has already been missed. Or wait for the secondary market reaction.


Easier said than done. How exactly do you do the things listed and how to you then use that information to make trading decisions.

Semrica
Sep 02 at 06:12
3 Posts
Although news trading can significantly strengthen the trading strategy by adding fundamental analysis to the technical approach, it is not very easy to follow. One needs to keep updated with recent changes in the market and should align it with economic indicators.

Bitte melden Sie sich an, um zu kommentieren.