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How do you keep up to date with trading news/ events/ opinions?

idimitrov
Apr 25 2016 at 06:12
421 件の投稿
mlawson71 posted:
I am pretty sure there are plenty of people out there who know these news before they are announced and they leak them to others who have an interest to start trading as early as possible.


yeah, the news are traded before they came out.

idimitrov
Apr 25 2016 at 06:24
421 件の投稿
Market is unpredictable during news, so that stay away from the news.

mlawson71
Apr 29 2016 at 09:20
1487 件の投稿
idimitrov posted:
Market is unpredictable during news, so that stay away from the news.


I try to do just that most of the time. And even if I did want to trade news, the spreads on most pair increase to untradeable levels during that time.

snapdragon1970 (snapdragon1970)
Apr 30 2016 at 14:33
1944 件の投稿
mlawson71 posted:
idimitrov posted:
Market is unpredictable during news, so that stay away from the news.


I try to do just that most of the time. And even if I did want to trade news, the spreads on most pair increase to untradeable levels during that time.


Some times it takes time for the spread to adjust,if its some unknown company it can take longer,I've traded stocks where the spread
changed the day after I made a profit.So many financial products they don't keep an eye on everything :)

"They mistook leverage with genius".
idimitrov
Apr 30 2016 at 20:52
421 件の投稿
Yeah, the thing is that we, as trader, want the odds in our favour and trading during the new is doing the opposite because it is very unpredictable

snapdragon1970 (snapdragon1970)
May 01 2016 at 15:54
1944 件の投稿
idimitrov posted:
Yeah, the thing is that we, as trader, want the odds in our favour and trading during the new is doing the opposite because it is very unpredictable


Trade it up too the news or after,I trade stocks if they get whacked more than 10% or increase more than 10% on news,I use saddle trades sometimes as well.It would be insane to have a naked trade on the exact minute of data release.

"They mistook leverage with genius".
FXtrader2010
May 01 2016 at 18:36
724 件の投稿
SamBull posted:
Hi guys, I'm a beginner at Forex and I'm looking for a way to stay updated with analysis and opinions on the financial markets. Have you heard of this app tradebird Do you know what is it and is it useful? Thanks
no of that shit is useful, just a distraction. only need to know what news events can trigger market volatility and that's it. don't listen to analyst bs. focus on getting good at trading, not being a social butterfly.

mlawson71
May 03 2016 at 09:47
1487 件の投稿
snapdragon1970 posted:
mlawson71 posted:
idimitrov posted:
Market is unpredictable during news, so that stay away from the news.


I try to do just that most of the time. And even if I did want to trade news, the spreads on most pair increase to untradeable levels during that time.


Some times it takes time for the spread to adjust,if its some unknown company it can take longer,I've traded stocks where the spread
changed the day after I made a profit.So many financial products they don't keep an eye on everything :)


The spread changed to wider or tighter? On the next day, I mean. I'm asking because recently I read someone's complaints that her spread became wider the day after.

snapdragon1970 (snapdragon1970)
May 03 2016 at 13:08
1944 件の投稿
mlawson71 posted:
snapdragon1970 posted:
mlawson71 posted:
idimitrov posted:
Market is unpredictable during news, so that stay away from the news.


I try to do just that most of the time. And even if I did want to trade news, the spreads on most pair increase to untradeable levels during that time.


Some times it takes time for the spread to adjust,if its some unknown company it can take longer,I've traded stocks where the spread
changed the day after I made a profit.So many financial products they don't keep an eye on everything :)


The spread changed to wider or tighter? On the next day, I mean. I'm asking because recently I read someone's complaints that her spread became wider the day after.


Wider.

"They mistook leverage with genius".
mlawson71
May 04 2016 at 09:11
1487 件の投稿
Huh, so that wasn't an isolated case, apparently. I've seen spreads becoming very wide during the news event itself, but never after.

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