Dealing with news trading

[Osmibie]

News trading is a good short term option and Brexit is a great example in this regard. It is the beauty of the Forex market thatbit gives opportunities where you can cover all previous losses from a single trade. You need to grab these opportunities with open arms. Stay profitable!

 

[Aaron_0]

If you have floating negative trades and a high-impact news event is approaching, the decision depends on your risk tolerance and strategy. Many traders reduce exposure by closing or partially closing positions to avoid volatility. Others keep trades open only if they have strong conviction and proper stop-loss protection. The key is managing risk, not reacting emotionally. Always follow your trading plan and never gamble during major news events.

 

[caribbean]

I think you should close all trades with high volume. If the lots size is small, you can keep them. It’s all about risk management.

 

[RainbowRain]

First, you need to determine what percentage of your deposit these negative floating positions represent. If they represent a very small percentage and are within the risk management limits, you can leave these orders open. However, if these positions are already significantly taxing your deposit and there's a risk of further taxation after the news release, it's best to close them all.

 

[Elijah_0]

During high-impact news, floating losing trades are risky. It is safer to reduce exposure by closing or partially closing weak positions, tightening stop-losses, or hedging. Keeping trades open is reasonable only if risk is controlled and fits a tested trading plan.

 

[RainbowRain]

Another risk in news trading is that the price can behave quite unpredictably and move sharply in one direction, then immediately reverse, triggering stop-losses on both sides. However, the stop-loss may not be triggered at the expected price, resulting in a larger loss.