Why the News Exists & Why You Should NOT Make Financial Decisions Based on the News!
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Posted at: http://tradersfly.com/2015/03/why-the-news-exists-why-you-should-not-make-financial-decisions-based-solely-on-news
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great for beginners or even as a reminder for intermediaries
I never make decisions based solely on the news but a lot of times the help me decide which direction the price will go, in the video you say the news are there only for entertainment but i disagree for example news about aapl releasing a smartwatch will most probably give the price a boost.
You really sound like jared from @silicon valley
Nice video for newbies! I shared it with some friends!
Is this strictly regarding stocks? I trade forex and i use an economic calendar. From what i have seen can at times have large cause and effect.
How do I stop trading with emotion? My last 3 trades I have been impatient and made a quick limit price, only to see the share price rise or fall opposite to what I needed the price to do.
I hope I will learn soon, I don't want to lose my trading confidence but I am now seeing how volatile the market place (jungle) is. It is so difficult to try and predict if it will rise or fall, buyer and seller ratios can change so quickly.
Thanks , I've been watching a lot of your videos lately, very informative.
Keep up the good work. These explanations are very clear.