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    Thread: News based trading (2)

    1. #61
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      I have being hearing a thing like this times without number, and the real deal with it is the fact that the trader will need to be smart to trade the news. I personally fear the news trading, and i know that the best that will ever come to me as traders is the way i do my things and do it well all the time i do trading.

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    3. #62
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      Quote Originally Posted by ajagbeolegba View Post
      I have being hearing a thing like this times without number, and the real deal with it is the fact that the trader will need to be smart to trade the news. I personally fear the news trading, and i know that the best that will ever come to me as traders is the way i do my things and do it well all the time i do trading.
      I don't think there is no way you will be smart to trade in forex market and trade the news, I don't see the news trading as a good way by which I can trade actually. But I see the technical approach as a good way to trade . The news is mere gamble as I have learned and it could make you loss more than you make.

    4. #63
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      i think that news based trading is not good for many traders in this forex market, because if a trader open trade just before releasing of any high impacted news then if that news comes opposite and accidentally if his trade order hit then he can also get losses in seconds due to this mistake in this forex market.

    5. #64
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      We Can be trading based on news in the forex market but news trading is not easy and it the most risky because we can loose lot of money on less than 10 minute of trading and we can also make lot of money in the same period of time. But the best thing is to be right on our analysis.

    6. #65
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      Quote Originally Posted by Shehroz Saeed View Post
      Fundamental volatility is the biggest turning point to make us hero to zero or zero to hero i mean just few mint if i am trade wrong track our account wash may be But if i am trade with best analysis or sure about that we can make us huge profit that the reason they many trades feel trading with news base is some dangerous.
      The news based trading can make us very profitable if we have a good knowledge about the fundamentals and we have a good knowledge about the economic calendar. But to trade in the news hour is like gambling, and if we do any mistake, there will be a big loss . It is not good to take big risk in that time. Scalpers like the news hour for their trading time.

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    8. #66
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      If anybody in this business predicts well then he can make big amount of money by quick time. But the reality is that very hard to realize the economic news. You must see news always influence the market. Do you know why not. There are various factors combined. For this reason professional trader analysis past chart and strength of bullish candle and bearish candle.

    9. #67
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      According to my humble opinion, I think relying on news is very important for us and we can never underestimate it because news is the main driver of currency direction and if we study the impact of news well we can have a clear idea of ​​the direction of the market and therefore can benefit from these news for Success in Forex trading.

    10. #68
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      News based trading always risky because at the moment of news and before and after new the market is mostly volatile which cause many trade's account blow up if the leverage is very high. A good trader is always concern about the situation of that particular country regarding news based trading and also has analysis of previous report of the news.

    11. #69
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      Quote Originally Posted by nilvayi View Post
      News based trading always risky because at the moment of news and before and after new the market is mostly volatile which cause many trade's account blow up if the leverage is very high. A good trader is always concern about the situation of that particular country regarding news based trading and also has analysis of previous report of the news.
      yes based on the risks involved in trading news i think the risk should be reduced to the minimum due to the high volatility that is witnessed when the news are released or if we are not experienced then i is better we don't trade during news
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      News base trading is good, in the news time market stay in volatile but skill trader close the trade before flashing the news.On the other hand,a news hunter can earn huge money in the news time.So open a trade before watching the news in the currency market.

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