News trading

[Claude]

I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.

 

[Aaron_0]

I avoid trading before and after major news events like NFP, as it feels like gambling. Without strong fundamental knowledge, relying on news for decisions is risky. Many newbies trade during news out of fear of missing out, often leading to costly mistakes.

 

[RainbowRain]

Yes, news trading can be very dangerous. The price can suddenly and quickly go anywhere, even contrary to the readings of the news that came out. I have seen more than once when positive news came out, but the price sharply went in the opposite direction. Therefore, it is better to wait out these times and look for entry into the market when it becomes calmer and more predictable.

 

[Elijah_0]

Trading during major news events can be risky, especially without strong fundamentals. Many newbies trade out of fear of missing out, but it's often speculative.

 

[RainbowRain]

Many newbies trade out of fear of missing out, but it's often speculative.

You need to understand that such trading can lead to both good profits and impressive and sharp losses. Beginners should first learn to trade profitably in a calmer market, and only then, with positive experience and sufficient skills, try to trade on the news.

 

[SamuelBenford]

Successful trading isn't an easy thing and one must be ready for losses.

 

[Callahan Sinclair]

I do not trade during before and after big impact news like NFP. To me trading news is just like gambling. But if you have excellent fundamental knowledge, that's different. Just by assuming or listening from different news taking a decision is foolishness. Actually most newbie trade during news time because of the fear of missing an opportunity.

Totally agree. Trading during big news like NFP is risky and often just gambling without strong fundamentals. Most newbies jump in out of FOMO, but smart traders stay out unless they truly understand the news.

 

[Ricky Rk]

I avoid trading around major news like NFP because it feels like gambling without solid fundamentals. Newbies often trade then out of fear of missing out, but relying on assumptions or rumors without strong knowledge usually leads to poor decisions.

 

[RainbowRain]

Also, often when news is released, the price forms spikes and false breakouts to collect stop losses, and then sharply turns in the opposite direction. This is a trap for many traders.