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Big news and requotes

garrychristians
Feb 09 at 11:54
35 ieraksti
Hearing a lot lately on requotes when big news breaks. Is there a way to avoid it?

Malajind
Feb 09 at 12:50
54 ieraksti
It doesn’t seem like there really should be a way, but it’s probably necessary to hand over those who have already used something similar.

garrychristians
Feb 12 at 11:23
35 ieraksti
Malajind posted:
It doesn’t seem like there really should be a way, but it’s probably necessary to hand over those who have already used something similar.

You mean ask people who have faced this? Sorry I didn’t get you… ?!

LeviSievwright5
Feb 12 at 18:03
298 ieraksti
I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.

cardigan
Feb 15 at 11:03
86 ieraksti
LeviSievwright5 posted:
I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.

Same here.
Sometimes when the high impact has a chance of positive reading, then I do trade to make profit, but for most of the time, it is unexpected.

Mitchelmarss
Feb 16 at 09:20
29 ieraksti
Use stop loss orders. And as per my personal opinion, don’t use automated ones.

ele020 (ele020)
Feb 16 at 09:52
144 ieraksti
garrychristians posted:
Hearing a lot lately on requotes when big news breaks. Is there a way to avoid it?

its better to avoid trading right after the news breaks. You will surely get extremely wide spreads during news releases.

The more your practice, the more you learn.
stevenflam
Feb 16 at 10:56
24 ieraksti
Also take-profit. It helps trading with certain targets, like stop-loss.

garrychristians
Feb 16 at 12:25
35 ieraksti
LeviSievwright5 posted:
I refrain from trading when there is high impact news. After the news is published, I work on the effect of that news.

Aren’t there better possibilities of profits with increased volatility around major news?

garrychristians
Feb 16 at 12:26
35 ieraksti
ele020 posted:
garrychristians posted:
Hearing a lot lately on requotes when big news breaks. Is there a way to avoid it?

its better to avoid trading right after the news breaks. You will surely get extremely wide spreads during news releases.

Ya, that’s surely there.

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