apalenkoff
Member
Offline
Activity: 210
Merit: 10
|
|
September 25, 2018, 09:09:58 PM |
|
I think any analysis before trading is important. If the fundamental analysis is working at the moment - it is better to continue doing the same way. But even if you do not trade according to news analysis it is better to have an insight of it to track a state of a market during a change of a general strategy.
|
|
|
|
portalufonet
|
|
September 25, 2018, 10:15:09 PM |
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis. Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
This is why you do called it as an analysis and its normal for a human being on having these presumptions or to act according on what they do hear or see when it comes to news.We can presume things on what would happen next basing on the news.I cant really deny even myself do really reacts too much on news and making movement or positions basing on the possible thing to happen.I can say that price actions will be precise anytime and as being said it can break your expectations anytime. News can come at any time and it is a tool for marketers to navigate their way. So consider before investing on the news because it may be just a drama set up to bring investors to the whale's goal.
|
|
|
|
Finestream
|
|
September 25, 2018, 10:30:47 PM |
|
I think any analysis before trading is important. If the fundamental analysis is working at the moment - it is better to continue doing the same way. But even if you do not trade according to news analysis it is better to have an insight of it to track a state of a market during a change of a general strategy.
Fake news are already spreading in all areas but if you want to make a good profit in trading,do not depend much on the news around,instead focus more on the price chart and analyze its price movement so you will have an idea on what direction will be the next target of that certain coin and you can also minimize losing your money too.
|
|
|
|
Jaci
Member
Offline
Activity: 219
Merit: 10
|
|
September 26, 2018, 07:25:44 AM |
|
In trading section lots of people follow the news and always doing his trading following this system. I see lots of people follow this strategy for his trading. If you follow price action I think it will be helpful for your trading because always news is not real so if you want to make a better result in your trading you must need to follow price action because without price action you can't make a good profit in your trading.
|
|
|
|
Rohtox
|
|
September 26, 2018, 07:51:58 AM |
|
fundamentally correct indeed it is very influential on prices. but I think the news is being manipulated a lot by making fake news and making the market panic, a lot of fud news is made without clear sources and it certainly makes people panic.
|
|
|
|
jems
|
|
September 26, 2018, 05:47:02 PM |
|
Both of these are actually important things in trade. The news also usually contributes to price changes in the market but we must be smart in filtering the news and don't believe it, keep looking for the truth and do own analysis.
|
|
|
|
Fatunad
|
|
September 26, 2018, 07:11:46 PM |
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis. Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
This is why you do called it as an analysis and its normal for a human being on having these presumptions or to act according on what they do hear or see when it comes to news.We can presume things on what would happen next basing on the news.I cant really deny even myself do really reacts too much on news and making movement or positions basing on the possible thing to happen.I can say that price actions will be precise anytime and as being said it can break your expectations anytime. News can come at any time and it is a tool for marketers to navigate their way. So consider before investing on the news because it may be just a drama set up to bring investors to the whale's goal. This is actually the hardest part since you wont really know if those news are just total shills or fuds.If you wont able to identify out then you would be easily dragged of when theres a news pop out suddenly in the market specially when you are a type of person which do easily reacts when there are sudden informations comes out.I cant really say that we should avoid them because fundamentals can really be useful or not on a certain particular time.
|
|
|
|
usekevin
|
|
September 26, 2018, 07:18:28 PM |
|
Most of the time the market will get reacted to news so if you are a trader you also need to look out for the news as well which can give you good profits but also the price axction is hard to trace because it is not moving in one direction all the time so it will depends on the effectivness of that news.
If the positive news come about cryptocurrency,for example bitcoin. The price of bitcoin in the market will reach the moon in short period. For this reason,most of the traders use to trade based on the news.If any negative about bitcoin came,the price of bitcoin will fluctuates in negative. Most of the time so it will depends on the effectivness of that news.
|
|
|
|
vv181
Legendary
Offline
Activity: 1932
Merit: 1273
|
|
September 26, 2018, 08:16:51 PM |
|
"Buy the rumor sell the news" only do that in caution. Any trade move should be purely based in technical analysis another addition factor should only be a few of the consideration of the trade. It is essentials that we are not biased with news since it can make the trade doesn't go like a plan.
|
|
|
|
Jahmal32
Copper Member
Newbie
Offline
Activity: 322
Merit: 0
|
|
September 26, 2018, 08:59:18 PM |
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis. Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Yes, perhaps you need to pay less attention to this! If it's the stock market, then there's news play a big role, and assets react normally! If this is a cryptocurrency market, then you should expect anything. It's hard to tell where the news is true and where is fake. And this is a big minus, as recently said in the news , bitcoin is highly dependent on the news feed, whatever it may be. And you need to really be able to distinguish the news to try to trade purely on them.
|
|
|
|
pant-79
|
|
September 26, 2018, 09:33:37 PM |
|
Of course, the most important thing in trading, which should be taken into account, is the analysis of prices through technical analysis. But don't underestimate the news, as the news has a huge impact on the growth or fall in prices. Of course, no one can certainly say how this or that news affects the price, but important news will definitely have a strong impact. And in general, if the news is positive, then it should not be difficult for the trader to guess that it will positively influence the price increase (and vice versa, if the news is negative, it will negatively affect the price).
|
|
|
|
Diced90
|
|
September 26, 2018, 09:48:17 PM |
|
Yes, absolutely! This is of course a good advice bad sadly not many people apply it when it comes to trading, particularly because they start getting anxious very quickly and that overwhelms some pple.
|
|
|
|
Mpamaegbu
Legendary
Offline
Activity: 2842
Merit: 1226
Once a man, twice a child!
|
|
September 26, 2018, 10:05:31 PM |
|
I tell you, it's bad advice to tell traders not to pay heed to news and only trade PA. I used to only listen to news in my early trading days but later felt it was pointless and that I had to rely on TA alone. That experience showed me how wrong I was basing my decisions on news alone, or on TA alone. Now, I combine both. Most times, it's even the news that drives PA when you examine it critically. Price Action is good. News is also good. No one is better than the other. To be successful trading, you must have to combine both.
|
Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
[/color]
|
|
|
shield132
|
|
September 26, 2018, 10:10:50 PM |
|
Despite the fact that I often read news and value information, I still prefer OP. This doesn't means you don't have to read news, no, you have to carefully read each one, I have a little bit different vision. People react on news, usually they are in panic if news is bad, you have to decide how much impact that news will have on people. This way you'll profit too.
|
|
|
|
TopT3ns
|
|
September 26, 2018, 11:00:56 PM |
|
"Buy the rumor sell the news" only do that in caution. Any trade move should be purely based in technical analysis another addition factor should only be a few of the consideration of the trade. It is essentials that we are not biased with news since it can make the trade doesn't go like a plan.
Buy the rumor i like it because it always happen, when rumor still come price can increased so fast but when actual news come, it go back down again. Sometime i follow that thing because it is profitable
|
|
|
|
Edsemen
|
|
September 26, 2018, 11:27:45 PM |
|
Following the price actions is the reality of our trading ventures which most experience holders grabbed all the time. They doesn't care for any bad market movements, because buying and selling is their common trade strategies. Those people who trade and depend by the news was just like a little baby being spoon feed by uncertain news updates.
|
|
|
|
setupbounds
|
|
September 28, 2018, 12:17:56 PM |
|
I think any analysis before trading is important. If the fundamental analysis is working at the moment - it is better to continue doing the same way. But even if you do not trade according to news analysis it is better to have an insight of it to track a state of a market during a change of a general strategy.
Fake news are already spreading in all areas but if you want to make a good profit in trading,do not depend much on the news around,instead focus more on the price chart and analyze its price movement so you will have an idea on what direction will be the next target of that certain coin and you can also minimize losing your money too. There will always be fake news and for the fact that journalism these days have even become a joke as we see the mainstream media doing whatever they like, the act of pumping unverified news to the world and so many other things have made the whole media aspect to things become something no sensible person should want to rely on. Following price action at least, by looking at the emotions on the chart, the response of traders and swinging based on that has always been the best move for me, than following news. With that, at least with some good strategies when it comes to understanding the importance of managing risks as well, it has become a top notch approach at least for me.
|
|
|
|
dat.ho12492
Jr. Member
Offline
Activity: 378
Merit: 1
|
|
September 28, 2018, 01:23:17 PM |
|
"Buy the rumor sell the news" only do that in caution. Any trade move should be purely based in technical analysis another addition factor should only be a few of the consideration of the trade. It is essentials that we are not biased with news since it can make the trade doesn't go like a plan.
Buy the rumor i like it because it always happen, when rumor still come price can increased so fast but when actual news come, it go back down again. Sometime i follow that thing because it is profitable I have very little confidence in the rumors because the story generated from the rumors will always be towards certain goals and the biggest goal I see is that big investors want to make small investors fall into the trap. Many people bought shitcoin at a very high price just because of the rumor, I would not want to fall into that trap, I just believe in the correct news and combined with a bit of analysis then observe the price of that altcoin and from there, the most suitable option will be born
|
▀▀▀▀▀█████████ CRYPTON ▬▬▬▬▬▬▬▬ ▬▬ Revolutionary Cryptocurrency Exchange
|
|
|
heninur
|
|
September 28, 2018, 10:37:35 PM |
|
both are very necessary, especially if we are a newbie in trading. reading news is something that is needed to add insight and strengthen predictions, besides that we also need to be able to analyze prices so as not to get stuck with false news that can incite thought.
|
|
|
|
Slow death
Legendary
Offline
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
|
|
September 28, 2018, 11:34:16 PM |
|
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. this depends on the news, for example in the case of altcoins is very important to follow the news and even if bitcoin was so in the past, but today in the case of bitcoin are few news that are able to cause the price to rise, but are many news that can make the price fall. Ignoring the news entirely is only going to lead you to going broke. I agree, imagine if USA banned bitcoin? we will immediately see the whole crypto market bleeding false news... In the crypto world it's full of this
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|