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.
Jan 27 2021 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.
Jan 29 2021 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.
Feb 24 2021 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.
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.
In order not to miss important points related to trading, I use the reviews of analysts, broker Amarkets, which provide always relevant and necessary information.
Mar 03 2021 at 11:24
News doesn’t always impact your trades. It’s good that you want to keep an eye on the news. But it should not affect your decisions completely.
Mar 03 2021 at 11:44
I don't trade the news, but always make profits huge few hours after the news.
Mar 03 2021 at 13:10
Dont do it lol simple, unless you know what youre doing
Not every news is worth paying attention to. You need to understand what you must be taking care of and what things to avoid to become a good forex trader.
Mar 06 2021 at 09:07
I actually used to check on economic calendar to check whatever relevant news is happening like speeches, budget release, etc But I dont intend to trade via them, it is very messy and does not ensure any accuracy
Mar 19 2021 at 04:50
That is a smart move and it must save you from any potential losses too.
News trading is nothing but gambling. Out of assumptions many traders specially new traders open trade during major major news event. Many people blow their account this time.
Trading news needs to be very attentive and watch everything that happens and react quickly.
May 26 2021 at 16:18
posted:
I don't trade the news, but always make profits huge few hours after the news.
why not?
there are SO MANY news to trade! look at the NZDUSD today
so simple to earn!
May 26 2021 at 23:45
Momentum would not have been good if the news had not had an impact on the Forex market. So news plays an important role in trading.
