Wisdom speak that i found about news trading
I also have been live trading the news. For newer traders to the news, you do not need to swing for the fences and grab all the pips. There is NO need to be greedy!! You can easily grab 3-5-10 pips without all the drama. Then once you start doing that on a regular basis on the various news pieces your confidence will start to soar as will your lot sizes. It is important to remember it is not necessarily the number of pips you make but the dollars off the lots you trade. That way if the news only moves the market say 15 pips you are in and out and have made your money. Larger lots, less pips, same end results without all the drama of waiting, hoping, praying it continues to move in your direction. Just my 2cents. Good trading and thanks again...