Trading News
Some traders love market news , because news often makes the market move , and these traders thrive on volatility. Other traders hate news. They feel that news cloud their views of chart patterns , technical indicators , cycles etc. At times I do not understand why markets seemed to move contrary to the news. Many experienced traders capitalize on the news by following the old adage ” buy the rumor , sell the news. ” Are you in this category ?
Some of my trading gurus ( teachers ) told me not to trade during news release or during earning seasons. This kind of advice is debatable. As I progressed and learned more about the impact of news on market , I begin to observe some cogent points to consider in relation to the news …
In trading , the market response to the news is even more important than the news itself. One would also wonder whether the market anticipates the news before the news is published. …
