SteveHanks posted:you can use EA like me to open trades automaticlyUweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
SteveHanks posted:UweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
too hard written
spent about 4 month and now the stats looks quite well, about 70% of winning (i have 4 account in different brokers for news trading and EA to open trades )
Jul 29 2021 at 18:39
UweMoench posted:I would not recommend trading during the release if you do not have a clear trading plan, risk plan and analytics of those factors that can affect the release result. It is not easy, but everything that is done professionally is not easy.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
@Marcellus8610
@MarcellusLux Yes you are right. News trading is not someting that can be recommended. It requires good understanding of the fundamental of both the both currency in a pair.
Aug 02 2021 at 11:07
UweMoench posted:Thanks
@MarcellusLux Yes you are right. News trading is not someting that can be recommended. It requires good understanding of the fundamental of both the both currency in a pair.
Understanding of fundamental trading and understanding of the events that will and do occur, their impact on traders and their psychology. The risk strategy is also very important, which will protect against losses during the release.
@Marcellus8610
Aug 02 2021 at 11:40
UweMoench posted:
@MarcellusLux Yes you are right. News trading is not someting that can be recommended. It requires good understanding of the fundamental of both the both currency in a pair.
It also needs a broker that allows you to trade when news is happening and does not massively increase the spread
@islandrock Most borker allows news trading. It is profitable for them asmore people lose money during the news time.
This trading option can be quite interesting. But again, without experience, there is no point in this.
Aug 03 2021 at 04:22
croisssan posted:right,, trading without experience is risky..
This trading option can be quite interesting. But again, without experience, there is no point in this.
The more your practice, the more you learn.
Aug 03 2021 at 11:28
yes this is true, but no risk management is 100X more risky
LinaD1 posted:SteveHanks posted:you can use EA like me to open trades automaticlyUweMoench posted:I agree with you.
News trading seems exciting. But it is not easy to predict the move. It happens so quick. Novice traders do news trading due to the fear of missing a movement.
Isn't there too much of a delay when you use an EA? And that causes problem in getting the right price when news trading
Aug 04 2021 at 14:17
Trading the news is a gold mine for the smart trader.
Just look at how the professionals trade with open profiles.
Just look at how the professionals trade with open profiles.
Movement is life
I like trading during big events because there are so many experts express their opinions concerning the financial outcomes, so, you can read, analyse different opinions and create your own. Such events kinda make the traders closer to each other and creatr a feeling of community.
not everyone trades on the news, but you still need to follow them, this is very important in the work of a trader
Sep 20 2021 at 19:50
Unellene posted:
not everyone trades on the news, but you still need to follow them, this is very important in the work of a trader
during the news the spread is extremly high, do not recommend to trade
News can be different. I don't agree with you about NFP. I mean that this kind of news which can be analised and predicted, if you do thorough fundamental analysis.
Trading on news requires some specific skills. However, not all of the traders realise that and start trading the loud news without changing their approach to trading.
@Zolom Yes news trading is not that easy. It needs good understanding of economy of a country. Just news data is not enough to open a trade if you don't know the whole picture of it.
well, here you need to keep track of everything, and even right, that is, the resources for this must also be suitable, so it's really not easy
News trading seems to me pretty specifically, because I can't understand how to trade on news. Well, of course I have general idea of how to do it, but I can't understand how to conduct analysis due to news. I prefer short tiem trading and scalping and day trading, that's why technical analysis seems to me more attractive than fundamental one. No doub,ts that there are some traders who can claim that they can't understand technical analysis, but they understand fundamental one, however I believe that everything on the market might be clarified only due to technical analysis. Actually, all traders decide by themselves which type of trading to choose.
