B
Black Swan
no technicals, just fundamental research bolstered by 'stuff' (freely available in the mainstream media) that you've then traded succesfully.
Crude and Gasoline Inventories...
Example, this week... Stay tuned
thanks for this, could you state precisely when you enter the trade and what "news" supported it? FWIW I'm looking to be converted to the ability to make trades exclusively on the basis of news, always open minded .![]()
BS – with the greatest respect, do you really believe anyone who trades the news, and does so for a living, will take the time out from the trade execution to post precise entry times and rationale? Just to try and convince you?
The best you can hope for, and be bloody grateful for whatever you get, is a kind soul letting you know why they did what they did at some point after they’ve done it.
But few will. Why?
Because historically, anyone who has taken the trouble to do so has been blasted with the ‘well, anyone could say that in retrospect’. Sort of understandably too.
So you may be lucky, but probably not. And probably not to your satisfaction.
I have said it before and I will say it again: Only fools and amateurs trade the 'NEWS'.
I have said it before and I will say it again: Only fools and amateurs trade the 'NEWS'.
Only fools and amateurs trade the 'NEWS
It depends what you class as news?
NFP may cause the market to whipsaw, but when Lloyds came out with news that HBOS losses were larger than though i and many others happily traded that news that Friday lunchtime.
I 100% disagree. The news effects every market which you can trade in. Name a market that the news does not effect.
What I think NT is saying is that news creates the PA that we trade off anyway so therefore the news can be ignored. I don't necessarily disagree with this but to make such a generalisation is, in my opinion wrong.
so what types of news would not effect a market?
What i meant was different types of news can be traded, a surprise announcement in a stock is "relatively" easier to trade than an economical announcement
why does that mean the news can be ignored though?
Guys, please, can we stop this bickering and attempt to stay on topic? I posted this thread not to discuss whether or not the news affects market price, that's not a point worth debating, this thread is for anyone who can post (or is willing to) evidence of how they've used the news to trade.
so what types of news would not effect a market?
Well hearing that Home Secretary Jacqui Smith has been claiming expenses from the UK tax payer for her husband watching Pay per view porn films is unlikely to move the market
Paul