news-driven trading
- Thread starter Arafx
- Start date
thomassup
Private, 1st Class
- Messages
- 42
For traders shifting from news-driven to price-focused strategies, start by learning technical analysis, identifying key patterns, and understanding price trends. Practice with a demo account to gain confidence in your new approach and gradually transition with smaller positions.
NatureGirl
Corporal
- Messages
- 86
jus learn and practice first and then bring them to action with real money thats ma advice
NatureGirl
Corporal
- Messages
- 86
just startin can cause a massive failure which U don wanna face. everybody needs to start with learnin and then testin on demo.
Belinguaf
Recruit
- Messages
- 8
What a nice recommendation. Being a newbie how do I split rumors and facts?
Centrirdana
Private
- Messages
- 33
Try different technical approaches with different tools and see what resonates with you at this point.
And trade, trade, trade. I’m afraid there is no other solution. But don’t try to open deals with bigger volumes.
I don’t know your initial deposit, but even if it’s more than $1k, trade micro lots. Eventually you will come to shape.
And trade, trade, trade. I’m afraid there is no other solution. But don’t try to open deals with bigger volumes.
I don’t know your initial deposit, but even if it’s more than $1k, trade micro lots. Eventually you will come to shape.
Magestaff
Private, 1st Class
- Messages
- 47
Don't give up reading news even if you want to focus on price analysis more.
It's better to start off your idea with the news, especially if you trade shortly before the market opening. Check all financial news and then go analyze the pair. It's very important, but at the same time, don't base your decisions on news, cause you are trying to get involved into price-focused analysis. Use indicators, use order books and trading volumes.
It's better to start off your idea with the news, especially if you trade shortly before the market opening. Check all financial news and then go analyze the pair. It's very important, but at the same time, don't base your decisions on news, cause you are trying to get involved into price-focused analysis. Use indicators, use order books and trading volumes.
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