UweMoench posted:News trading is very tempting. It is very risky as well. Traders are to be very careful with news trading. Proper money management is needed with adequate knowledge about news trading.
News trading is very tempting but for good for everyone. For news trading you need good knowledge on both technical and fundamental analysis. Otherwise most of the time you would lose money in news trading.
Marcel Durham
(MarcellusLux)
Membre depuis May 19, 2020
posts 213
Sep 02 2021 at 09:15
cranberrythekid posted: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.
Which of the following are you specifically interested in?
Perhaps I have already answered a similar question on the forum.
Everyone can contact me and I will answer if possible. Welcome.
@Marcellus8610
it has always been important to follow the market news for trading, but here you also need to check the correct resources
SteveHanks
Membre depuis Mar 17, 2021
posts 536
Dec 29 2021 at 05:33
Unellene posted:I think news trading is not a good option for new traders.
it has always been important to follow the market news for trading, but here you also need to check the correct resources
Actually, as far as I concerned there are several techniques of news trading. Firstly, yu have to classify the news on two categories: unexpected and periodic ones.
Then, you have to check both categories, periodic are being repeated day by day, while you have to really ready for unexpected ones. Periodic news implies the news connected with interest rate, it happens once per five year if I'm not mistaken. Unexpected news appear quite unexpectedly, that's why they have such a name.
In my opinion, here fundamental analysis prevails over technical ones, however it's required to know the basics of boths ones.
Then, you have to check both categories, periodic are being repeated day by day, while you have to really ready for unexpected ones. Periodic news implies the news connected with interest rate, it happens once per five year if I'm not mistaken. Unexpected news appear quite unexpectedly, that's why they have such a name.
In my opinion, here fundamental analysis prevails over technical ones, however it's required to know the basics of boths ones.
In this industry, you need to be as attentive as possible with the news. It should be understood that the results of the work depend on this quite noticeably.
News trading is fine if you know what to do. That is ike everything in trading, I think. That is why before trading the news you'd better learn lots of fundamental stuff in order to know which news have the potential to affect the market and what kind of news is useless for the traders to make up some conclusions. The only thing I should say is that news trading can definetely bring the profits and make your trading results much better but suh a thing is much more complicated that technical analysis, from my perspective. So, I strongly recommend to stay away from the news if you don't know how to analze it properly.
News trading is the act of buying and selling currencies after an important news announcement has been made. A trader should buy a currency following good news and sell after bad news, or vice versa. This is because an announcement can cause a major shift in the price of a currency, and if a trader acts quickly enough, they can make substantial profits.
Not been something that appeals to me as a sole focus. I prefer to consider the news and focus on where price might go in reaction and and then await confirmations.
If you can't spot the liquidity then you are the liquidity.
Adribaasmet
Membre depuis Aug 27, 2017
posts 994
Jan 18 2022 at 13:21
when you have the most powerful analyzing fundamental knowledge then you are able to trade during the news.
This kind of work can be quite interesting. But still, you need to be prepared for interesting moments.
RobertFerrari
Membre depuis Aug 15, 2021
posts 415
Jan 19 2022 at 05:47
skihav posted:News trading can be very dangerous for the new traders.
This kind of work can be quite interesting. But still, you need to be prepared for interesting moments.
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