About news trading
Member Since Jul 29, 2021
8 posts
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
Aug 02, 2021 at 13:31
@islandrock Most borker allows news trading. It is profitable for them asmore people lose money during the news time.
Aug 03, 2021 at 12:13
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 17, 2021 at 17:00
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.
Member Since Sep 01, 2021
2 posts
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
Jan 14, 2022 at 15:25
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.
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