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News trading is very tempting

winning_trades
Jun 04 2021 at 07:31
48 โพสต์
News trading is a better way to trade forex as it opens the possibilities that we might miss due to busy on forex terminals.

eddieteddie
Jun 04 2021 at 10:05
13 โพสต์
RobSchiz
Jun 05 2021 at 11:23
567 โพสต์
News trading is a good option for the new traders.

Sar John (Sarjohn)
Jun 07 2021 at 05:50
187 โพสต์
Yes, indeed it is the best way to trade forex.

Cordawield
Jun 08 2021 at 07:55
65 โพสต์
There are advantages to working on the news, but here you need to be as focused and highly savvy as possible.

SteveHanks
Jun 09 2021 at 11:11
536 โพสต์
RobSchiz posted:
News trading is a good option for the new traders.

Traders should have enough knowledge about it.

jonathandaniel
Jul 20 2021 at 06:05
53 โพสต์
That’s true. News trading is not profitable every time because that makes the currency pair more volatile, having the most fluctuations. One should be very careful before going for news trading.

Albert Zieba (Master_Z)
Jul 21 2021 at 19:53
7 โพสต์
News constantly affects price movement, and if you think that you are not trading news, then anyway, this is not true. The news background can be more saturated or scarce in terms of events. It is more important to understand the consequences that are caused by news and events, to analyze their impact on the financial environment.

Suradi (FXOday)
Jul 21 2021 at 23:08
283 โพสต์
If traders don't want to take a risk, avoid news trading, because the impact of the news often making the price move high volatility up and down rapidly
if you having bad emotional control, mews trading is dangerous

RyanTradesForex
Jul 21 2021 at 23:30
6 โพสต์
I think it's important to understand that news exists. But all the people on here saying that YOU HAVE TO TRADE THE NEWS or that trading news is best, they're just plain wrong. Example: New trader sees a nice setup, news is about to hit. They avoid the trade due to possible volatility. I think it's so funny watching people who know nothing give advice. THERE IS NO BEST WAY TO TRADE, I REPEAT, THERE IS NO BEST WAY TO TRADE. smh

Akasuki
Jul 24 2021 at 10:37
500 โพสต์
@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 2021 at 10:47
751 โพสต์
@Akasuki Yes it is not good to do news trading especially for newbies. News trading need very good fundamental knowledge.

Phyllis_Berry
Aug 29 2021 at 19:27
10 โพสต์
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 2021 at 00:12
283 โพสต์
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 2021 at 19:21
8 โพสต์
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 2021 at 07:02
294 โพสต์
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 2021 at 10:28
144 โพสต์
- 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 2021 at 10:59
939 โพสต์
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 2021 at 11:25
9 โพสต์
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 2021 at 06:12
3 โพสต์
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.

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