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Newstrading
Oct 18, 2021 at 14:23
Mitglied seit Mar 10, 2016
30 Posts
Swingtrading. Ich nutze meist nur Unterstützungen, Widerstände und Trendkanäle. Seit Mitte Juni nutze ich einen Nachrichtendienst für 99$ mtl. und versuche Newstrading zu betreiben sofern es meine Zeit neben dem Hauptjob erlaubt.
Happy Trading
Happy Trading
Oct 29, 2021 at 10:58
Mitglied seit Dec 15, 2019
20 Posts
Guess that newstrading relates to fundamental analysis, however at the same time it differs from trading according to the results of fundamental analysis actually. Newstrading is a perspective thing only if you have enough experience in investing and know how particular news can affect the market. It's pretty difficult to know which possition and when to open, nevertheless I consider newstrading as a very perspective direction in trading activity. Novices would better stay away from the idea of news trading, because it implies fast reaction and consious actions. As a rule rookies are green enough to make such moves.
KhoiDam
Mitglied seit Mar 16, 2021
477 Posts
Mitglied seit Jun 17, 2021
46 Posts
Nov 15, 2021 at 06:51
Mitglied seit Jun 17, 2021
46 Posts
While trading on the news, it is important not only to focus on the planned economic events but also try to predict expected market reaction to these news. News trading alone can not get you results, you should use other types of analysis with it. If you can’t handle the fluctuation caused by news releases, it is better to refrain from trading after an hour or two after the release because the impact of any news is usually short-term.
Mitglied seit Apr 09, 2019
538 Posts
Nov 17, 2021 at 12:20
Mitglied seit Apr 09, 2019
538 Posts
A good understanding of macroeconomics is useful if looking to trade using this method. I personally think a combination of using this knowledge and technical knowledge is required but we're all different.
If you can't spot the liquidity then you are the liquidity.
Mitglied seit Jul 23, 2020
759 Posts
Mitglied seit Jul 23, 2020
869 Posts
Mitglied seit Mar 31, 2021
229 Posts
Aug 16, 2022 at 10:59
Mitglied seit Mar 31, 2021
229 Posts
Newstrading requires constant concentration and being constantly online. Since, unfortunately, it is very rare where you will find a well-tuned EA for newstrading.
Therefore you must always be on the alert.
And one more big minus. In addition to the fact that you can make good money on the news, it is also very easy to lose money on a sharp rollback. Therefore if you plan to trade on the news be very careful. And do not get greedy if you feel a rollback is starting. Better close the order immediately.
Therefore you must always be on the alert.
And one more big minus. In addition to the fact that you can make good money on the news, it is also very easy to lose money on a sharp rollback. Therefore if you plan to trade on the news be very careful. And do not get greedy if you feel a rollback is starting. Better close the order immediately.
Think thrice before opening an order
Jan 16, 2023 at 16:41
Mitglied seit Mar 20, 2014
92 Posts
to revive this....it IS possible to news trade but as pointed out it takes knowledge, good analysis to understand how different pairs react to each calendar item, even better knowledge of how to set up your system for each trade including use of trailing stops, TP etc. On top of the fundamental elements you then have the very real issue that the brokers you're using have better technology than 99.9% of retail traders at home. Their servers are setup to respond to the news in the same way that you should be (if you have the above nailed on).....but then you need to be able to submit an order and for them to accept it quick enough to get any edge on the movement.....remember they're not there to pay out....they're the house, they're there to scoop up your cash. The tricks played by brokers using even just the basic MT4 server side settings are enough to wipe out most retail traders and especially at news time.
So in summary....you'll need:
- as good or better an understanding of how the market will respond to the news....per pair
- as fast or faster access to the news data than your broker (that's quite expensive by the way)
- as fast or faster market data feed to enable in-trade controls (also quite expensive)
- tech capability to have 0ms response times with broker order systems (otherwise you will definitely miss the action on news)
- great coding skills to build out a system that manages all of this for you
- lots and lots and lots of time
Essentially if you don't have the above you don't have any edge to beat the brokers to the punch and will invariably get slipped and lose. Even with the above it will commonly result in slipped orders or no fills at all.
It's not easy, it's not cheap and it is hard to find brokers with which the strategy will work.
best of luck :D
So in summary....you'll need:
- as good or better an understanding of how the market will respond to the news....per pair
- as fast or faster access to the news data than your broker (that's quite expensive by the way)
- as fast or faster market data feed to enable in-trade controls (also quite expensive)
- tech capability to have 0ms response times with broker order systems (otherwise you will definitely miss the action on news)
- great coding skills to build out a system that manages all of this for you
- lots and lots and lots of time
Essentially if you don't have the above you don't have any edge to beat the brokers to the punch and will invariably get slipped and lose. Even with the above it will commonly result in slipped orders or no fills at all.
It's not easy, it's not cheap and it is hard to find brokers with which the strategy will work.
best of luck :D
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